IBT Staff Reporter

52141-52170 (out of 154954)

Aerosmith's Tyler falls, Paraguay concert delayed

Steven Tyler, the lead singer of rock band Aerosmith, had a small accident on Tuesday that forced him to postpone a planned show in Paraguay by one day, a spokesman for the local concert organizers said.

Police Arrest 85 Occupy Oakland Protesters

Police arrested at least 85 people and cleared a camp used by anti-Wall Street protesters near the Oakland, California, city hall early on Tuesday, a city spokeswoman said.

Obama: shouldn't relish Gaddafi death footage

President Barack Obama took issue on Tuesday with the broadcasting of former Libyan leader Muammar Gaddafi's bloody demise, saying even those who had done terrible things deserved decorum in death.

LG Elec Q3 misses consensus; handset loss widens

South Korea's LG Electronics reported a wider-than-expected quarterly loss on Wednesday, with its mobile phone division sinking deeper into the red, dashing hopes of a recovery in its struggling smartphone business.

Asian Shares Dip on Concern Before EU Summit

Asian shares declined on Wednesday ahead of a key meeting of European policymakers later in the session, with concerns heightening that the outcome to contain Europe's sovereign debt crisis could fall short of expectations.

SAP mulls share buyback as 9-month cash flow jumps

SAP, the world's biggest maker of business software, said on Wednesday it would consider buying back shares after reporting a 23 percent jump in third-quarter operating profit and sticking to its 2011 outlook.

Conclusive deal on euro zone crisis looks elusive

Prospects for a comprehensive deal to resolve the euro zone debt crisis at a summit on Wednesday look dim, with deep disagreement remaining on critical aspects of the potential agreement, including how to give the region's bailout fund greater firepower.

Search for Turkish quake survivors enters third day

Turkey clung to hopes on Wednesday of finding survivors under rubble three days after a powerful earthquake killed at least 459 people, and the government finally requested foreign help to shelter thousands of homeless families.

Brazil rejects Europe debt purchase plan

Brazil on Tuesday rejected the idea of buying European bonds to help ease the euro zone's debt crisis, casting doubt on a plan for major emerging market economies to offer fresh funds for the continent's rescue.

RIM delays PlayBook update

Research in Motion said the software upgrade for its PlayBook tablet has been delayed to February next year.

German parliament to vote on boosting bailout fund

German Chancellor Angel Merkel looks set to win a parliamentary vote on Wednesday on boosting the firepower of the euro zone rescue fund with a large majority, bolstering her negotiating strength ahead of a crunch EU summit.

Nomura Reported Debating Major Cost-Cutting

Nomura Holdings , Japan's largest investment bank, is planning major cost cuts that will like have the biggest impact on its loss-making European operations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Yemen calls truce as sporadic blasts heard

Yemen's government signed a cease-fire with a dissident general Tuesday to try to end weeks of worsening bloodshed but sporadic explosions and gunfire were still heard in the north of the capital.

Nomura debating major cost-cutting drive: report

Nomura Holdings <8604.T>, Japan's largest investment bank, is planning major cost cuts that will like have the biggest impact on its loss-making European operations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Wage rises lag well behind inflation - IDS

Private sector wage deals rose 2.6 percent in the three months to September, lagging well behind the inflation rate of 5.2 percent, while the pay of most public sector workers remained frozen.

Islamists head for win in Tunisia's Arab Spring vote

Tunisia's moderate Islamist party on Tuesday claimed a thumping victory in the country's first election, sending a message to the region that once-banned Islamists are challenging for power after the Arab Spring.

Amazon revenue growth slows, stock slumps

Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter as it spent heavily on its new Kindle Fire tablet computer.

Exclusive: Medtronic probes insulin pump risks

Medtronic Inc has asked software security experts to investigate the safety of its insulin pumps, as a new claim surfaced that at least one of its devices could be hacked to dose diabetes patients with potentially lethal amounts of insulin.

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