Stanford researchers work on low-cost medical ventilator for global disasters
The low-end model, called OneBreath, was designed by a team of researchers led by Matthew Callaghan, MD, at Stanford Biodesign and aims to bridge, in part at least, the overriding global shortage of these critical medical devices, especially in developing countries.
Pakistan Islamists warn of protests if U.S. prisoner freed
An influential Pakistani Islamist party accused the United States on Tuesday of riding roughshod in the case of a U.S. consular employee held over the killing of two Pakistanis and said it would hold protests if he is freed.
SBI to launch retail bond issue on Monday - sources
State Bank of India, the country's largest lender, is expected to launch the first tranche of its 100 billion rupees ($2.2 billion) retail bond issue on Monday, according to a term sheet obtained by Reuters and a source with direct knowledge of the matter.
Budget expectations for fuel companies
India, struggling to balance between cutting its costly fuel subsidies and curbing inflation, may tweak fuel taxes in the Feb. 28 budget to cushion the blow of rising global crude prices on state-run oil retailers.
India gold flat; buyers wait for 1 pct price fall
India gold traded flat on Tuesday afternoon as support from firm overseas leads was offset by a strong rupee, though buying remained weak as traders awaited an at least a 1 percent fall in prices, dealers said.
Tata Motors says Jan global sales up 16 pct
Tata Motors Ltd said on Tuesday its global vehicle sales rose 16 percent in January to 98,998 units.
BOJ tones up economic optimism, keeps rates on hold
The Bank of Japan raised its assessment of the economy on Tuesday to say it is gradually emerging from a slowdown, further signaling that no imminent monetary easing is on the horizon.
Mobile app store GetJar raises $25 million
GetJar, the largest independent mobile software store, said on Tuesday it had raised $25 million from Tiger Global Management and Accel Partners to fund its wider push into Android software distribution.
Axel Weber successor to be named on Wednesday: report
Germany's federal cabinet will decide on Wednesday who will succeed Axel Weber as Bundesbank president, German newspaper Bild reported on Tuesday, citing unspecified sources.
D.Boerse, NYSE near deal but dodging thorny issues
Deutsche Boerse and NYSE Euronext are expected to announce a deal to create the world's largest exchange operator later on Tuesday, but set aside thorny political issues that pose a challenge to its successful completion.
China data eases rate fears, world stocks up
Chinese inflation data helped ease investor concerns on Tuesday that the world's No 2 economy will have to tighten monetary policy more aggressively, but other data releases kept markets in a tight range.
OECD growth indicator points to slowdown in India
The growth outlook for major industrialised economies is picking up, although big differences in momentum remain between countries, the OECD's leading indicator for December showed on Monday.
FedEx slashes profit forecast, blaming storms and fuel
Shipping giant FedEx slashed its third quarter profit forecast by 25 cents, blaming higher fuel prices and disruptions from winter storms in the U.S. and Europe.
Ronaldo's girl Irina Sheik on 2011 Sports Illustrated Swimsuit Edition Cover
Girlfriend of soccer ace Cristiano Ronaldo and Russian supermodel, Irina Shayk has scored the coveted spot on the cover of the 2011 Sports Illustrated Swimsuit Edition.
GM to add over 20 new, upgraded models in China: CEO
General Motors Co will add over 20 new and upgraded models in China, its CEO said Tuesday, as the U.S. automaker looks to use its leading position in the world's biggest car market to reclaim the No.1 carmaker spot from Toyota Motor Corp.
Foster's to cast off wine; beer profit disappoints
Foster's Group , Australia's largest brewer, pushed ahead on Tuesday with plans to split its beer and wine businesses, but it risked dampening bidder appetite for either unit by also reporting soft first-half profits.
China inflation surprisingly low but risks still high
By Zhou Xin and Simon RabinovitchChinese inflation was lower than forecast at 4.9 percent in the year to January, but price pressures continued to build and will force the central bank to stick to its course of gradual monetary tightening.
CBS reporter Serene Branson shot to popularity with Grammy Gibber [VIDEO]
CBS reporter Serene Branson has shot up to popularity with Grammy gibber. A Youtube video shows the journalist's struggle with mangles speech, which sparked off speculation on alcohol and stroke.
Man ties machine on Day 1 of Jeopardy! showdown
A man-versus-machine showdown on popular U.S. quiz show Jeopardy! ended in a tie on the first day of a three-day challenge, when an IBM computer showed off its knowledge of the Beatles, as well as a few glitches.
Charles Schwab tops in U.S. online satisfaction survey
Charles Schwab Corp's customer satisfaction topped that of rival Fidelity Investments for the first time ever in 2010, according to a new annual online brokerage study released by the American Customer Satisfaction Index on Tuesday.
Asian stocks steady, copper up on China CPI
Asian stocks were broadly steady On Tuesday after traders took China's closely-watched inflation data in their stride, while the euro regained some ground after hitting a three-week low the previous day.
BOJ raises view on economy, keeps rates on hold
The Bank of Japan raised its assessment of the economy on Tuesday to say it is gradually emerging from a slowdown, further signaling that no imminent monetary easing is on the horizon.
Will Starbucks partner with Green Mountain to capture single-serve coffee market?
Starbucks Corp. the world's largest coffee chain may soon announce a partnership with single-serve coffee segment leader Green Mountain Coffee Roasters, according to unconfirmed reports.
China inflation surprising low but risks still high
Chinese inflation was lower than expected at 4.9 percent in the year to January, but price pressures continued to build and will force the central bank to stick to its course of monetary tightening.
LG Elec targets 30 percent rise in 2011 handset sales
LG Electronics Inc said on Tuesday it was targeting a 30 percent annual rise in 2011 handset sales to 150 million units and would launch 20 smartphone models, as it seeks to turn its loss-making mobile division profitable.
IRS would get 5,100 new staff under Obama budget
The Internal Revenue Service would get an additional 5,100 employees under President Barack Obama's increased budget request, setting up a clash with Republicans who advocate cuts for the tax collection agency.
Instant view: China Jan inflation weaker than expected
Chinese inflation was lower than expected at 4.9 percent in the year to January, though price pressures continued to build and will force the central bank to stick to its course of monetary tightening.
Asian stocks rise slightly, copper up on China
Asian stocks rose slightly on Tuesday after China's closely-watched inflation data failed to surprise markets, while the euro regained some ground after hitting a three-week low the previous day.
China January inflation was lower than expected
Chinese inflation was lower than expected at 4.9 percent in the year to January, though price pressures continued to build and will force the central bank to stick to its course of monetary tightening.
Nasdaq CFO leaves for buyout firm Carlyle
Transatlantic exchange operator Nasdaq OMX Group Inc has lost its chief financial officer Adena Friedman, who is quitting to take the same position at Washington, D.C.-based private equity firm Carlyle Group .
