IBT Staff Reporter

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South Sudan mulls new capital after independence

South Sudanese leaders said on Sunday they were considering building a new capital after their expected independence as the current hub Juba lacked infrastructure and space for new business.
Feb 07, 2011

Cape Verdeans vote in parliamentary polls

Voters in Cape Verde cast their ballots in a parliamentary election on Sunday that is likely to be dominated by the two parties that have exchanged power over the last two decades in the island nation.
Feb 07, 2011

After Egypt, West rethinks its Arab realpolitik

Astonished by the uprising in Egypt, Western countries anxious to be on the right side of history have started to reassess ties to army-backed Arab strongmen stubbornly opposed to democracy.
Feb 07, 2011

ICC hopes bans will stave off corruption

The bans given to Pakistan trio Salman Butt, Mohammad Asif and Mohammad Amir for spot-fixing will act as a strong deterrent to others from corrupting the sport, the International Cricket Council (ICC) said on Sunday.
Feb 07, 2011

Egypt pound ends down 1.3 down pct, c.bank supports

The Egyptian pound fell on Sunday when trade resumed after a week-long suspension due to political unrest, but the drop was less sharp than many traders had feared as the central bank appeared to support the currency.
Feb 07, 2011

Ford's Lincoln on track to cut number of U.S. dealers

Ford Motor Co wants to cut its dealership count for U.S. luxury brand Lincoln to about 325 from the current 434 in big metro areas, where it hopes to win over buyers of premium autos, Ford executives said on Sunday.
Feb 07, 2011

Egypt banks face queues, pounds dips only slightly

Egypt's Banks opened for the first time in a week to queues of customers seeking to access their accounts on Sunday, but the Egyptian pound weakened only modestly after violent protests gave way to calmer political talks.
Feb 07, 2011

UN, West warn rushed Egypt change a risk to Mideast

The United Nations on Sunday drove home the warning from Western nations that a transition to democracy in Egypt should not be rushed to avoid worsening the crisis and destabilising the entire Middle East.
Feb 07, 2011

I. Coast Gbagbo backers protest against African Union

Several thousand youths loyal to Ivory Coast incumbent Laurent Gbagbo marched through Abidjan on Saturday to protest the presence of Burkina Faso's president on a mediation panel aiming to resolve a post-election crisis.
Feb 07, 2011

Egypt's Suleiman demonized Islamists: WikiLeak cables

Egypt's new vice president, Omar Suleiman, has long sought to demonize the opposition Muslim Brotherhood in his contacts with skeptical U.S. officials, leaked diplomatic cables show, raising questions whether he can act as an honest broker in the country's political crisis.
Feb 07, 2011

Police warn of pre-poll attacks on Ugandan capital

Ugandan police said they believe terrorists are targeting Kampala before national elections this month, the latest in a series of threats since twin bombs killed 79 people in the capital last year.
Feb 07, 2011

Egypt govt talks with reformists about Mubarak

Egypt tried to get the nation back to work on Sunday with banks reopening, and the vice president held unprecedented talks with a banned Islamist group and other opponents about their demand that President Hosni Mubarak quit.
Feb 07, 2011

Asian stocks near 3-year highs on U.S. data

Asian stocks pushed toward a near three-year peak on Monday as the U.S. job market showed further signs of recovery, highlighting a brighter economic outlook, while the dollar eased against a basket of currencies.
Feb 07, 2011

Asian stocks hold gains on U.S. job data

Asian stocks clung to early gains on Monday as the U.S. job market showed further signs of recovery, highlighting a brighter outlook for its economy, while the dollar firmed against a basket of other major currencies.
Feb 07, 2011

Super Bowl Live Post-Game Updates

Seel live post game coverage. The Green Bay Packers have defeated the Pittsburgh Steelers 31 to 25 in a very tight game that came down to the last minute, marked by a comeback that came up short by the Steelers.
Feb 06, 2011

Chrysler to boost marketing amid product push

Chrysler Group LLC plans to sharply increase its advertising spending and is on track to complete its Project Genesis restructuring and product development initiative by the end of the year, dealers and company executives said on Sunday.
Feb 06, 2011

Sanofi, Genzyme talks continue into week: sources

Sanofi-Aventis SA plans to continue discussions this week with takeover target Genzyme Corp, aiming to finalize a deal worth more than $19 billion in the next few days, sources familiar with the situation said on Sunday.
Feb 06, 2011

Super Bowl Live Updates

Super Bowl XLV between the Green Bay Packers and Pittsburgh Steelers has kicked off. Read Live Coverage
Feb 06, 2011

WikiLeaks' Assange fights extradition to Sweden

WikiLeaks founder Julian Assange will try to persuade a British judge Monday to block his extradition to Sweden to face trial for sex crimes, arguing he could end up facing execution in the United States.
Feb 06, 2011

Egypt VP, opposition meet; No deal on Mubarak's exit

Egyptian Vice President Omar Suleiman met with representatives of about 50 opposition groups on Sunday, including the Muslim Brotherhood as well as liberal parties Wafd and Ahrar, however results of the meeting inconclusive, with a wide divide on whether President Hosni Mubarak should step down immediately.
Feb 06, 2011

Nasdaq hackers another blow to investor confidence

News that computer hackers had infiltrated the operator of the Nasdaq Stock Exchange is the latest blow for Wall Street as it works to repair an image with investors and traders dented by last year's flash crash.
Feb 06, 2011

For Bernanke, no escaping politics now

For a Federal Reserve chairman who is worried about politics interfering with monetary policy, Ben Bernanke is taking on some awfully heated political topics.
Feb 06, 2011

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