IBT Staff Reporter

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Unusual Mets lineup beats Pirates, 7-3

Daniel Murphy, Justin Turner, Dillon Gee and Ruben Tejada keyed the New York Mets' win over the Pittsburgh Pirates yesterday--and perhaps gave fans a glimpse of the future.
May 31, 2011

Google says Chrome to power only notebooks for now

Google Inc will keep the focus of its Chrome operating system on notebooks, and has no immediate plan to make it available on tablets or to merge with its popular Android software for smartphones, said a senior executive.
May 31, 2011

Broadcom sees NFC technology as future main revenue driver

U.S. chipmaker Broadcom Corp expects near-field communications wireless technology to be a main revenue driver in coming years, a senior executive said on Tuesday, when it becomes more of a norm for consumers use their handphones to make payments.
May 31, 2011

Uniqlo sees boost from light clothing in power-starved Japan

Fast Retailing Co <9983.T> Japan's leading apparel chain, said it expected a sales boost from shoppers seeking lighter clothing this summer as temperatures rise and half the nation turns its air conditioners on low to conserve power.
May 31, 2011

Intel upbeat on 'Ultrabook'

Intel introduced a new class of mobile computers,’ Ultrabook’ taking cues from Apple’s iPad and MacBook Air, to beat the market of tablets
May 31, 2011

Europe weighs options for new Greek package

European officials met on Tuesday to sketch out options for a second bailout package for Greece, with private sector participation still under discussion to help relieve the country of its massive debt burden.
May 31, 2011

Nokia warns on Q2, drops FY targets

Nokia, the world's biggest phone maker by volume, warned on Tuesday that sales and margins would fall well below its previous guidance and dropped its full-year outlook, sending its shares down 10 percent.
May 31, 2011

Swatch Group may struggle to hit 2011 sales guidance

Swatch Group, the world's largest watchmaker, will struggle to meet its 2011 sales guidance of 7 billion Swiss francs ($8.23 billion) if the franc remains at such high levels, Chief Executive Nick Hayek said.
May 31, 2011

Greek bailout optimism lifts stock futures

U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was on the horizon.
May 31, 2011

Stock futures climb on Greece bailout hopes

U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was in the offing.
May 31, 2011

Intel unveils laptops that include tablet features

Intel unveiled a new category of laptops that it says will include the best features of tablets as the world's top chipmaker struggles to find its footing in the exploding market for mobile gadgets.
May 31, 2011

India's economy grows slowest in five quarters

India's economy grew at its slowest annual pace in five quarters in January to March, as rising interest rates crimped consumption and investment, which some analysts say could temper the pace of central bank tightening to tackle inflation.
May 31, 2011

Greece, troika agree on lower VAT rate: report

Greece and a team of EU, IMF and ECB inspectors reviewing the country's economy have agreed on a value-added tax cut to help achieve a broader political consensus on more austerity, a Greek newspaper said on Tuesday.
May 31, 2011

BOJ offers more loans for growth sector, may expand scheme

The Bank of Japan's loan scheme targeting growth industries drew solid demand on Tuesday, pushing its cumulative lending to just 60 billion yen ($740 million) from a 3 trillion yen cap and paving the way for debate within the board about expanding it.
May 31, 2011

Emerging states working on IMF candidate: South Africa

Emerging nations are still conducting lots of consultations about choosing a candidate from their ranks to head the International Monetary Fund, South African Finance Minister Pravin Gordhan said on Tuesday.
May 31, 2011

Dexia to seek new terms from European Commission

Franco-Belgian financial group Dexia is to hold talks with European Union regulators in the coming days to amend a restructuring plan which it agreed to after receiving a bail-out in 2008.
May 31, 2011

Moody's: No progress on Japan fiscal policy consensus

Moody's Investors Service said on Tuesday it has seen no progress on a consensus between Japan's government and opposition on fiscal policy, suggesting that a sovereign debt rating downgrade was likely after it completes a review within the next three months.
May 31, 2011

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