IBT Staff Reporter

82561-82590 (out of 154954)

Bank lobby group IIF slams capital top-up plans

Plans to saddle large banks with extra safeguards would make the financial system more unstable and could increase the number of too big to fail institutions, a leading bank lobby group warned on Monday.

Luxury watchmakers fishing for friends on Facebook

ZURICH (Reuters Life!) - Luxury watchmakers are increasingly turning to online social network sites and forums to promote their products and satisfy a growing appetite for information about luxury timepieces, particularly in China.

Survey: Social networking leads to sex faster

Nearly four out of five women and three of five men say they believe texting, Facebook and other social media tools for staying connected cause new couples to jump into bed faster, a survey released on Monday found.

Intel boosts buyback funds as shares underperform

Intel Corp authorized another $10 billion to buy back its shares, which have been under pressure in recent months from concerns that the giant chipmaker is falling behind in the exploding mobile market.

Corrected: Morgan Stanley results beat; Smith Barney pays off

(Corrects Jan 20th story throughout to reflect that Thomson Reuters I/B/E/S changed forecast EPS figure to 37 cents a share from 35 cents, and adjusted actual EPS figure to 43 cents from 26 cents. The bank therefore beat expectations for profits, rather than missing them. The error first appeared in UPDATE 4)

Judge temporarily delays loan document shredding

A U.S. bankruptcy judge temporarily blocked bankrupt subprime lender Mortgage Lenders Network USA from destroying 18,000 boxes of original loan files after federal prosecutors said documents in them may be needed as evidence in more than 50 criminal investigations.

Luxottica sees solid 2011 after record year

Luxottica , the world's biggest premium eyewear group, expects a solid 2011 after stronger demand for luxury brands, especially in the United States and Asia, boosted 2010 sales to record levels.

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