IBT Staff Reporter

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Young Mexican Ex-Police Chief, Family In U.S., Seek Asylum

A young woman from Mexico who took on the top police chief role last year in a small Mexican border town has fled to the United States with her entire family apparently after receiving death threats and is formally seeking asylum, according to reports.

Toyota bets on emerging markets

Toyota Motor Corp will rely more on emerging markets for sales and launch about 10 new hybrid models under a long-term strategy aimed at nearly doubling profits before 2015, its president said on Wednesday.

Futures edge higher as oil holds steady

Stock index futures edged higher on Wednesday as oil prices held steady after an OPEC official said the group saw no need for a meeting to discuss raising output even as turmoil in Libya continued.

Jury to hear gripping opening of Rajaratnam trial

The biggest Wall Street insider trading criminal case in a generation goes to trial on Wednesday, when prosecutors open their case against Galleon Group founder Raj Rajaratnam whose arrest 16 months ago shook the hedge fund world.

Toyota aims to double profit before 2015

Toyota Motor Corp will rely more on emerging markets for sales and launch about 10 new hybrid models under a long-term strategy aimed at nearly doubling profits before 2015, its president said on Wednesday.

Futures edge up as oil supply fears wane

U.S. stock index futures rose on Wednesday as oil prices held steady after an OPEC official said the group saw no need for an emergency meeting to discuss raising its output even as turmoil in Libya continued.

UK's Pru hikes payout to dispel AIA fallout

Prudential said it would pay a bigger-than-expected dividend from forecast-beating 2010 profits, hoping to finally dispel lingering investor resentment over its bungled and costly bid for Asian rival AIA last year.

EADS sees stable core profit in 2011

European aerospace group EADS forecast higher revenue and stable core operating profit as it boosts development spending this year, after bouncing back to profit with a record cash pile in 2010.

UK's Pru hikes dividend as profit beats forecast

Insurer Prudential will pay out a bigger-than-expected dividend on forecast-beating 2010 results, as it seeks to dispel lingering shareholder resentment over the group's bungled and costly bid for rival AIA last year.

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