IBT Staff Reporter

50041-50070 (out of 154954)

Junk beckons after S&P negative shift for Hungary

Standard and Poor's has placed Hungary's sovereign rating on negative credit watch, citing unpredictable policy moves and a weak growth outlook and increasing the chances of a cut to junk status also threatened on Friday by fellow agency Fitch.

Canada, Mexico eye joining US-led Pacific pact

Canada, Mexico and at least two other countries have expressed interest in joining U.S.-led talks for a pan-Pacific trade pact, a U.S. Republican lawmaker said Friday after Japan asked to take part.

Republican Voters Say Close Tax Loopholes, but Don't Cut Entitlements

To most Republicans in Congress, it is a given that any deficit-reduction deal would have to include cuts to entitlement programs like Social Security, Medicare and Medicaid. According to a newly released survey, however, Republican voters in four key early-voting states disagree.

England Vs. Spain Preview: International Friendly

The gulf in class between the teams placed first and seventh, in International football, will be all too apparent when world champions Spain travel to Wembley to take on England in a friendly on Saturday.

Italy braces for new government, IMF warns Asia on euro

Italy's parliament was set to approve austerity measures on Saturday, triggering the formation of an emergency government to replace that of Prime Minister Silvio Berlusconi, and meeting European Union demands to avert a euro zone meltdown.

Free trade gets boost at APEC from Japan

Japan's readiness to join Asia-Pacific free trade talks gave momentum on Friday to global efforts to reinvigorate trade ties and boosted President Barack Obama's drive for U.S. leadership in the world's most economically dynamic region.

EMI sale ends 80 years of independence

EMI, the London-based record label that for 80 years brought the world everyone from the Beatles and Queen to Coldplay and Katy Perry, is no longer independent.

Black Sabbath’s Original Lineup Releasing Album Next Fall

The founding members of Black Sabbath appeared in Los Angeles to make it official that their first album of new material since 1978 is coming next fall and that they're already gearing up for a tour, Billboard reported Friday. Legendary producer Rick Rubin, who's collaborated with the Beastie Boys and the Red Hot Chili Peppers, will be on hand to master the recordings.

Italy pushes through austerity law, Greek PM sworn in

Italy's parliament on Friday began rushing through austerity measures demanded by the European Union to avert a euro zone meltdown and Washington ratcheted up pressure for more dramatic action from the currency bloc.

Fed's Yellen urges Europe to act on crisis

The euro zone's debt crisis could substantially damage the U.S. economy if not contained, the Federal Reserve's No. 2 official warned on Friday as she urged bold action by Europe.

Pacquiao and Marquez set for all-action showdown

In a boxing world where very few fights capture the imagination of the man in the street, Saturday's WBO welterweight showdown in Las Vegas between holder Manny Pacquiao and Juan Manuel Marquez is sure to get pulses racing.

Jeff Probst talk show lands deal with NBC stations

Survivor host Jeff Probst's upcoming syndicated talk show has taken a big step toward its fall 2012 release, striking a deal with NBC owned and operated stations, producer/distributor CBS Television Distribution announced Thursday.

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