IBT Staff Reporter

50281-50310 (out of 154954)

Tim Hortons Q3 profit rises on strong sales

Tim Hortons Inc (THI.TO: Quote), Canada's No. 1 restaurant chain, reported a 40 percent jump in third-quarter profit thanks to strong sales, but said operating conditions were still tough in North America.

Euro stabilizes, world stocks above 3-week low

The euro rose from a one-month low versus the dollar on Thursday and top-rated government debt fell while world stocks held above a three-week trough on hopes that new governments being formed in Italy and Greece could help fend off a euro zone break up.

Kohl's margins steady, expects holiday gains

Department store chain Kohl's Corp raised its full-year profit forecast on Thursday and said it expects to continue its streak of sales gains during the holiday quarter, helped by its exclusive lines like clothes by entertainers Jennifer Lopez and Marc Anthony.

Mario Monti emerges as favorite to lead Italy

Former European Commissioner Mario Monti emerged on Thursday as favorite to replace Silvio Berlusconi and form a new government to stave off a run on Italian bonds that is endangering the entire euro zone.

Euro zone split fears as EU dithers on Italy

Political and economic crisis in Italy spurred fears of a split in the euro zone with borrowing costs for Europe's third biggest economy at unsustainable levels and the bloc unable to afford a bailout.

RIM investigates reports of BlackBerry delays

BlackBerry maker Research In Motion was investigating reports some users experienced delays, but said on Wednesday it was not fighting an outage similar to the one that took down its service for four days last month.

Paterno, president out in Penn State abuse scandal

Famed U.S. college football coach Joe Paterno and the president of Penn State University were fired on Wednesday in fallout from a child-abuse scandal and cover-up involving a former assistant coach and school officials.

China October imports surge as exports wilt

China's imports surged in October as exports grew at their slowest rate in months, suggesting efforts to tilt the economy toward domestic demand may be offsetting the external weakness that has dragged on economic growth this year.

Herman Cain Press Conference: Did It Help or Hurt?

The sexual harassment scandal surrounding Herman Cain has become a messy he said, she said affair, with accusers going public and Cain fiercely denying their allegations. What's next for the Georgia businessman who shot from obscurity to the top of the polls last month?

IMF Chief Calls for 'Political Clarity' in Italy

The head of the International Monetary Fund called on Thursday for political clarity in efforts to tackle the debt crisis that has gripped Italy, saying uncertainty around who would succeed Prime Minister Silvio Berlusconi was fuelling market volatility.

Lagarde: Political clarity needed in Italian crisis

The head of the International Monetary Fund called on Thursday for political clarity in efforts to tackle the debt crisis that has gripped Italy, saying uncertainty around who would succeed Prime Minister Silvio Berlusconi was fuelling market volatility.

Eurozone Crackup Feared as Italy Teeters

Political and economic crisis in Italy spurred fears of a split in the Eurozone with borrowing costs for Europe's third biggest economy at unsustainable levels and the bloc unable to afford a bailout.

UBS India Head Resigns; Kamat Named New CEO: Memo

The head of India operations at UBS AG , Manisha Girotra, has resigned, according to an internal memo, the latest high-profile exit from the Swiss bank in the world's second-fastest growing major country.

Olympus Steps Closer to Stock Market Delisting

Tokyo's stock exchange warned scandal-hit Olympus Corp on Thursday it will be delisted after 62 years as a publicly traded company if it fails to report earnings by December 14, another blow to the Japanese camera-maker's chances of survival.

Japan Corporate Orders and Mood Sink; Tough Q4 Seen

A key gauge of Japan's corporate capital spending fell more than expected in September and manufacturers expect a further drop this quarter as business confidence sags in the face of the strong yen and slowing global growth.

Japan corporate orders, mood sink; tough Q4 seen

A key gauge of Japan's corporate capital spending fell more than expected in September and manufacturers expect a further drop this quarter as business confidence sags in the face of the strong yen and slowing global growth.

Shares Drop as Bond Yields Oush Italy to the Brink

Asian stocks fell around 3 percent on Thursday after soaring Italian borrowing costs stoked fears that the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.

Shares drop as bond yields push Italy to the brink

Asian stocks fell around 3 percent on Thursday after soaring Italian borrowing costs stoked fears that the debt crisis in the euro zone's third biggest economy will overwhelm its financial defenses, raising the risk of a break-up of the currency area.

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