IBT Staff Reporter

78121-78150 (out of 154954)

Euro debt concerns weigh on global stocks

Concerns about the euro zone debt crisis weighed on world stocks and lifted Portugal's yields to a new euro-era peak on Wednesday, while crude oil held steady off highs following reassurances on supply from OPEC states.

EIA lifts oil, gasoline price forecast

The U.S. Department of Energy forecasts oil prices to average $105 a barrel in 2011, and said there is a 25 percent chance that gasoline prices will exceed $4 a gallon this summer.

Brent below $113, falls 3rd day

Brent crude dropped for a third day, dipping below $113 on Wednesday after reassurances from OPEC members of ample spare capacity eased anxiety about production losses from Libya, the world's 12th-largest oil exporter.

Brent nears $112, falls 3rd day

Brent crude dropped for a third day, dipping toward $112 on Wednesday after reassurances from OPEC members of ample spare capacity eased anxiety about production losses from Libya, the world's 12th-largest oil exporter.

Oil slips as OPEC mulls output

Oil prices slipped on Tuesday, with Brent falling nearly 2 percent, after Kuwait's oil minister said OPEC was considering a production boost as war-torn Libya's output remained disrupted and the region's unrest fueled concerns about more supplies being cut off.

Madoff trustee: Lawsuits delay money for victims

The trustee seeking money for investors hurt by Bernard Madoff's Ponzi scheme said he hopes to begin distributing money in the near future but that lawsuits challenging his efforts are causing delays.

ILFC places big plane orders, scraps super jumbos

International Lease Finance Corp, the world's biggest aircraft leasing company, said on Tuesday it will order 100 narrowbody planes from EADS unit Airbus and 33 narrowbodies from Boeing Co , and scrap an order for 10 Airbus A380 super jumbo aircraft.

BofA long-term profit forecast cheers investors

Bank of America Corp said it expects to be able to churn out pretax earnings of up to $40 billion annually within a few years after it clears up mortgage-related problems at the center of losses since 2008.

Rajaratnam trial heads to opening statements

The biggest U.S. insider trading case in decades was expected to head into opening statements on Wednesday in a court showdown between prosecutors and lawyers for Galleon hedge fund founder Raj Rajaratnam.

Quality Barcelona silence Arsenal to Qualify

In a game marred by controversy, but not short of quality, Barcelona became the first team to qualify for the quarter-finals of the UEFA Champions League with 3-1 win (4-3 on aggregate) against ten-man Arsenal at the Nou Camp.

Pages