IBT Staff Reporter

79261-79290 (out of 154954)

Japan seeks to cut rare earth usage by a third

Japan aims to cut rare earth consumption by a third within a few years and reduce its reliance on China, by providing subsidies for recycling and investing in new ways to limit their use.

Lloyds swings back to profit despite Irish hit

Part-nationalized British bank Lloyds swung back into profit last year after a recovery in its core UK retail banking operations absorbed a 4 billion-pound ($6.5 billion) hit on bad debts in Ireland.

Wall St futures point to higher open for stocks

U.S. stock index futures pointed to a higher open for Wall Street on Friday, adding to a late rebound in the previous session, with futures for the S&P 500, for the Dow Jones industrial average and for the Nasdaq up 0.5 to 0.7 percent by 5.02 a.m. EST.

Budget View: FMCG firms want inflation tackled

India's fast moving consumer goods industry is hoping the upcoming budget will bring in concrete measures to tame spiralling inflation and viable tax structure to ensure continued growth.

Japan to curb rare earth dependence on China

The Japanese government and private companies will spend $1.34 billion to curb Japan's dependence on rare-earth imports from China by a third, the Nikkei news report said Friday.

Shakira named 2011 Artist of the Year by Harvard Foundation

Grammy Award winning musician, songwriter and philanthropist Shakira has been honored by the Harvard Foundation as the 2011 Artist of the Year for her contributions to music and distinguished history of creativity as well as her humanitarian efforts through her Barefoot Foundation.

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