IBT Staff Reporter

81391-81420 (out of 154954)

ECB to talk tough on inflation, hold rates for now

The European Central Bank is expected to send a strong signal on Thursday that it is ready to tackle building euro zone inflation pressures but refrain from indicating interest rate increases are imminent.

'The White Stripes' no more

Jack and Meg White of 'The White Stripes' announced on Wednesday that the journey of the band has officially ended and will make no further new recordings or perform live.

News Corp. set to sell MySpace

Despite having recorded a two-fold jump in the second quarter earnings from a year ago, News Corp. seems to be in no mood to carry on the load of MySpace and is set to sell the social networking site.

AT&T To Unveil Mobile Hotspot App For Smartphones

AT&T is set to unveil a new mobile hotspot application that lets smartphone customers tether multiple devices via Wi-Fi connection. The feature will first be available on February 13 to select smartphone customers, starting with the launch of HTC Inspire 4G, the company said.

Sony profit on track, but hit products lacking

Cost-cutting is keeping Sony Corp's profits on track for its full-year target but investors say more inspiration and a hit product is needed to restore growth to a company once a symbol of Japan's high-tech might.

Vodafone nudges up year profit outlook

Strong demand in India and improving conditions in Europe helped Vodafone , the world's largest mobile operator by revenue, to post higher third-quarter service revenues and nudge up its profit forecast for the year.

Futures see little change on Wall Street open

Stock index futures pointed to a quiet open for Wall Street on Thursday, with futures for the S&P 500 and the Dow Jones up 0.1 percent, and Nasdaq futures down 0.1 percent at 4:34 a.m. ET.

Stocks slip, oil surges on Egypt turmoil

World stocks fell and oil surged above $103 a barrel on Thursday as violence in Egypt escalated, adding to concerns about inflationary pressures which could threaten the global economic recovery.

Vodafone nudges profit outlook higher

Strong demand in India and improving conditions in Europe helped Vodafone , the world's largest mobile operator by revenue, to nudge its outlook higher and post third-quarter service revenues at the upper end of forecasts.

BT reports 188k broadband net adds in Q3

British telecommunications company BT Group plc reported its highest share of DSL broadband net additions for eight years and said pretax profit for the third quarter more than doubled from last year.

Sony Q3 profit falls 5.9 percent, keeps forecasts

Japan's Sony Corp <6758.T> posted a 5.9 percent fall in October-December operating profit on Thursday as a price war hit its television unit and a stronger yen weighed, but it beat analysts' expectations.

e-Books coming to Canadian public libraries

Canadian schools and colleges will soon stop worrying about adding books to its libraries, as they will have access to thousands of eBooks from Random House of Canada through a partnership with OverDrive.

Sony's operating profit falls, keeps forecasts

Japan's Sony Corp posted a 5.9 percent fall in October-December operating profit on Thursday as a price war hit its television unit and a stronger yen weighed, but it beat analysts' expectations.

CBI arrests ex-telecoms minister Andimuthu Raja

The Central Bureau of Investigation (CBI) on Wednesday arrested former telecoms minister Andimuthu Raja over a massive graft scam, officials said, a huge blow for Prime Minister Manmohan Singh and efforts to pass bills in the parliamentary budget session.

Oil jumps on deadly Egypt clashes, inflation

Oil prices surged past $103 on Thursday as pro-democracy protests in Egypt turned violent, while commodities markets raced even higher, adding to worries of mounting inflationary pressures could threaten the global economic recovery.

Sony profit drops as TVs erase gaming gains

Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.

Sony's profit drops as TVs erase gaming gains

Japan's Sony Corp posted a 5.9 percent fall in third-quarter profit on Thursday as a price war hit its TV unit and a stronger yen weighed, and lowered its revenue forecast on slower-than-expected TV sales.

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