IBT Staff Reporter

Swiss food giant Nestle said on Thursday that strong demand in emerging markets would help it offset rising raw materials prices.

Fox and Warner Bros want to get into 'UltraViolet' which would allow cross-application viewing.

A report by KSE Partners finds Nebraska paying a whopping 23.69 percent in taxes on their wireless bills, while wireless consumers face the lowest burdens in Oregon with 6.86 percent.

JPMorgan has slashed its target price on mobile operator Reliance Communications by 49 percent to 82 rupees, citing lower estimates for wireless and broadband segments and issues related to spectrum regulations.

ABC news reporter Miguel Marquez was caught by an angry mob in the Bahrain capital of Manama and beaten up.

Indian refiner Essar Oil is set to buy Royal Dutch Shell's Stanlow refinery in the United Kingdom for about $350 million to $400 million, two sources with direct knowledge of the development told Reuters.

India's food inflation eased to a two-month low in early February on moderating prices of onions and other vegetables, amid expectations the government may announce fresh measures to boost productivity for key staples in the upcoming budget.

ASX Group Ltd (ASX.AX) eked out a small first-half profit growth, but focus was squarely on the completion of Singapore Exchange's (SGXL.SI) $7.9 billion bid for the Australian bourse operator, a move to help the bourses fight growing competition.

Visa and banks will press lawmakers on Thursday for relief from a proposed slashing of debit card processing fees, an issue that has attracted bipartisan support for softening the impact of part of the Dodd-Frank financial law.

Asian shares eked out modest gains for the second consecutive day on Thursday after the Federal Reserve offered a cautiously optimistic view of the U.S. economy, while oil prices edged higher on growing tensions in the Middle East.

In an attempt to sabotage the pro-democracy protests, Iran has censored internet by slowing speed, electronic communication and the media has been gagged.

The National Retail Federation said it expects U.S. retail sales to rise 4 percent in 2011, continuing a trend of improving consumer spending last year that intensified over the holidays.

Memo from Chancellor to Governor's office indicates that the flagship campus at Madison is looking at breaking away from the UW state system altogether.

Zack Snyder the earlier director has been sidelined.

Asian stock markets rose on Thursday, buoyed by strong corporate earnings and as the Federal Reserve expressed cautious optimism about the strength of the U.S. economic recovery.

Lenovo Group Ltd, the world's No.4 PC brand, beat expectations by posting a 25 percent rise in third-quarter net profit, its best result in more than two years, helped by a strengthening Chinese currency and lower component costs.

U.S. bank regulators are finalizing punishments against mortgage servicers after a probe found critical deficiencies with the industry's foreclosure processes.

Actor Corey Haim's mother spoke out for the first time on Wednesday about her son, who died suddenly on March 10, 2010.

Nvidia Corp forecast quarterly revenue above expectations as sales of its cutting-edge processors for smartphones and tablets accelerate this year.

Under the category of artificial intelligence, it represents both a loss and a triumph for humans.

New York City's bank tax collections ran 48 percent above a year-ago, one of several taxes whose encouraging performance might give Mayor Michael Bloomberg some extra cash to spend in next year's budget.

Citigroup Inc granted more than 18 million stock options to 15 senior executives, an award that could handsomely increase their compensation if the slowly recovering bank's share price rises.

A group of Republican lawmakers opened another front in a battle against the Federal Communications Commission's Internet traffic rules, filing a resolution of disapproval on Wednesday.

Arsenal stunned Barcelona, and the rest of the world, with a late comeback win at the Emirates Stadium in the first-leg of the UEFA Champions League last-16 round, while Shakhtar Donetsk stunned AS Roma in the other fixture.

Blame the high price of cotton for T-shirts that might feel just a bit scratchier this spring, or pants that seem to stretch out after one washing.

Deborah McWhinney, the head of Citigroup Inc's rapidly shrinking wealth management business, is leaving her post following a whirlwind two-year reign.

PepsiCo Inc will sell its Tropicana Pure Premium orange juice in clear bottles, not the familiar coated-paper cartons, as it tries to take back market share from the Coca-Cola Co brand Simply Orange.

Three items totaling about $2.4 trillion combine for nearly two thirds of President Barack Obama's proposed $3.7 trillion 2012 fiscal year budget.

Online travel agency Orbitz Worldwide, reeling from its spat with American Airlines over a distribution method, reported a wider quarterly loss and forecast first-quarter revenue below analysts' expectations, sending its shares down as much as 8 percent.