IBT Staff Reporter

51451-51480 (out of 154954)

Economy signals a sluggish rebound

The economy gained momentum for a third straight month in August, growing 0.3 percent from September and putting to rest fears of a recession, but not showing enough strength to trigger interest rate hikes

Italy under pressure as bond yields climb

Italian bond yields rose on Monday nearly to levels seen in August when the ECB intervened to shore up debt markets, indicating new concerns that problems in the euro zone's third largest economy could threaten the entire bloc.

Asia faces rocky road in securing energy needs

Governments in emerging Asian economies will struggle to secure their rising energy needs as rapidly swelling demand in leading consumers China and India outpaces growth in supplies, which is likely to keep oil prices over $100 a barrel.

Panasonic sees $5.5 billion annual loss, worst in a decade

Japanese electronics maker Panasonic Corp <6752.T> forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as it cut unprofitable businesses deeper and faster than first planned, while battling a soaring yen and weak demand in the United States and Europe.

Catastrophe losses weigh on Loews

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .

Sarah Palin: What's She up to?

Sarah Palin ended seemingly insatiable speculation earlier this month when she announced she would not, in fact run for President. What's she been up to since then?

Lower investment income, catastrophe losses weigh on

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .

Qantas resumes flights grounded by labor dispute

Australia's Qantas Airways returned to the air on Monday after grounding its entire global fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade.

Honda withdraws annual guidance

Honda Motor Co <7267.T> withdrew its annual earnings guidance in an unusual move on Monday due to uncertainty surrounding currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.

In the shadow of Olympus, Japan frets about its other scandal

The scandal engulfing Olympus Corp <7733.T> isn't the only corporate governance hot potato in Japan. Revelations by tissue maker Daio Paper Corp <3880.T> of management that had spun out of control is adding pressure on Olympus to bare all to an investigative panel it has promised to assuage investor angst.

Euro area growth to slow sharply; debt crisis key: OECD

The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in battered state finances could prompt a major contraction in developed countries, the OECD said on Monday.

China denies it is behind hacking of U.S. satellites

Beijing on Monday denied a U.S. commission's claim that China may have been responsible for hacking incidents on U.S. environment-monitoring satellites, saying that the committee had ulterior motives in writing such a draft report.

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