IBT Staff Reporter

50551-50580 (out of 154955)

Futures rise ahead of Italy budget vote

Stock index futures rose on Tuesday as lawmakers in Rome readied for a crucial vote on public finances that marks the latest chapter in the euro zone debt crisis.

Bwin.party revenue rises on Italian game launches

Bwin.party Digital, the world's biggest listed online gaming company, shrugged off economic worries to post a rise in third-quarter revenue, helped by the launch of new games in Italy and strong growth in its casino division.

Online music sales seen up 7 percent in 2011 -Gartner

Global online music revenues are expected to rise by about 7 percent this year to $6.3 billion as digital services such as Spotify and Apple Inc's iTunes gain momentum, technology research firm Gartner said on Tuesday.

Toyota withdraws outlook on Thai floods, quake, yen

Toyota Motor Corp <7203.T> withdrew its annual profit guidance on Tuesday as Thai floods threaten output just as it had recovered from supply shortages that battered production after the March earthquake in Japan.

Olympus Admits It Hid Losses for Decades

Japan's Olympus admitted on Tuesday it hid losses on securities investments dating back to the 1980s, bowing to weeks of pressure to explain a series of baffling transactions that have put the future of the firm in doubt.

Italy woes weigh, but earnings lift stocks

Italian bond yields ticked higher on Tuesday, closing in on unsustainable levels as lawmakers in Rome readied for a crucial vote on public finances that marks the latest chapter in the euro zone debt crisis.

Vodafone edges outlook higher on strong first half

Vodafone edged its full-year outlook higher on Tuesday as growth in emerging markets and robust trading in northern Europe helped the world's largest mobile operator to post first-half results ahead of forecasts.

Societe Generale Scraps Dividend After Rough Q3

Societe Generale , France's second-biggest listed bankon, scrapped its 2011 dividend on Tuesday to help bolster capital when reporting quarterly profit fell sharply, hit by charges including Greek debt writedowns.

SocGen scraps dividend after rough Q3

Societe Generale , France's second-biggest listed bankon, scrapped its 2011 dividend on Tuesday to help bolster capital when reporting quarterly profit fell sharply, hit by charges including Greek debt writedowns.

Google chairman says will not favor Motorola

The executive chairman of Google Inc on Tuesday played down concerns the search giant would give preferential treatment to Motorola Mobility Holdings after its planned purchase of the handset maker is completed.

Toyota Q2 falls 32 percent, withdraws full-year forecast

Toyota Motor Corp <7203.T> posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts as Thai floods pose a fresh threat to production while supply shortages from the March earthquake kept output low.

IMF's Lagarde Joins China-Style Twittersphere

International Monetary Fund chief Christine Lagarde has joined a growing panoply of Western luminaries and celebrities such as Bill Gates and actress Emma Watson on China's most popular microblogging platform, Weibo -- and received a warm response.

SocGen Q3 hit by Greece, scraps dividend

France's second-biggest listed bank Societe Generale on Tuesday reported a 30.6 percent slump in third-quarter profits hurt by charges including Greek debt writedowns, and scrapped its 2011 dividend to preserve capital.

IMF's Lagarde joins China-style Twittersphere

International Monetary Fund chief Christine Lagarde has joined a growing panoply of Western luminaries and celebrities such as Bill Gates and actress Emma Watson on China's most popular microblogging platform, Weibo -- and received a warm response.

Olympus: Acquisitions Used to Hide Investment Losses

Japan's Olympus admitted for the first time on Tuesday that controversial acquisitions had been used to cover up losses on securities investments dating back to the 1980s, succumbing to weeks of pressure that has battered the company's share price.

Asian shares erase gains on Italy's debt concerns

Asian shares wiped earlier gains and fell on Tuesday, weighed by concerns that surging bond yields could stifle debt-ridden Italy's fund raising ability and throw the euro zone deeper into financial turmoil, while Greece struggled to pick a new leader.

Exclusive: Olympus scandal tied to banker who shuffled losses

A former Japanese banker who helped Japan's Olympus Corp shift losses off its books decades ago appears to be a key figure behind its decision to award a massive advisory fee to a little-known U.S. investment firm, Japanese broking sources who know the ex-banker said.

Schmidt Pledges Google Won't Favor Motorola

The executive chairman of Google Inc on Tuesday played down concerns the search giant would give preferential treatment to Motorola Mobility Holdings after its planned purchase of the handset maker is completed.

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