More From IBT Staff Reporter
Sony To Be A Player In TV, Film And Video Gaming
Sony Corporation of America's CFO Robert Wiesenthal said the company will bridge the gap between the media and Hollywood, as a content creator and an electronics manufacturer.
Dec 08, 2010
UEFA Champions League round-up
The final group games of four of the eight groups in the UEFA Champions League, was played out on Tuesday, with group winners and second-placed qualifications to the knock-outs confirmed.
Dec 08, 2010
South Korea to target production of 1.2 mln electric cars by 2015
The South Korean government has unveiled a plan to nurture the eco-friendly vehicle industry and plans to cut greenhouse gas emissions.
Dec 08, 2010
Droid-ucation: How Android is transforming the 21st century educationist
Schools, teachers and students are increasingly using Android applications to suit their customized needs
Dec 08, 2010
Fortune Brands announces plan to split in three
Fortune Brands Inc plans to separate the company into three, the maker of Jim Beam whiskey, Titleist golf balls and Moen faucets said on Wednesday.
Dec 08, 2010
German Oct. industrial production rises
German industrial production topped economists' expectations during October, a report by Destatis said, indicating the German economic recovery continues, contrary to fears of a slowdown.
Dec 08, 2010
Wall St little changed as dollar and bonds pressure
Stocks were little changed on Wednesday, weighed by gains in the dollar and higher bond yields, but analysts said they expect the market to regroup before attempting a rally into year-end.
Dec 08, 2010
Jessica Simpson's fashionline rakes in $750 million
She is the queen of retail fashion with sales expected to go up to $ 1billion
Dec 08, 2010
Student loans drive consumer credit in October
Consumer credit in the U.S. rose during October, mainly boosted by a rise in student loans, a report by the Federal Reserve said on Tuesday.
Dec 08, 2010
Kutcher lawyers threaten to sue Vivid Entertainment
Ashton Kuthcer's lawyers threaten legal action for using his name to sell sex tape
Dec 08, 2010
Beyonce gifts Jay Z 1.3 million pound Bugatti car
Beyonce surprises her husband with the fastest car on his birthday
Dec 08, 2010
J&J eyes vaccine market with Crucell bid
U.S. healthcare group Johnson & Johnson made a long-awaited 1.75 billion euro ($2.3 billion) bid for Crucell on Wednesday, shrugging off the Dutch biotech company's recent problems with vaccine production.
Dec 08, 2010
Fortune Brands announces plans to break up company
Fortune Brands Inc plans to separate the company into three, the maker of Jim Beam bourbon, Titleist golf balls and Moen faucets said on Wednesday.
Dec 08, 2010
Futures mixed as bond yields rise
Stock index futures were mixed on Wednesday, pressured by rising bond yields and a stronger dollar.
Dec 08, 2010
Euro zone jitters spread to German bonds
Yields on German government bonds, normally seen as a safe haven by investors, rose on Wednesday as deepening uncertainty over how to stem the euro zone's debt crisis hit even Europe's strongest economy.
Dec 08, 2010
S&P set for modest rise, Fortune Brands gains
The S&P 500 was set to rise modestly at the open on Wednesday, boosted by positive corporate news, but a rise in bond yields and the dollar could limit gains.
Dec 08, 2010
Salma Hayek was an illegal immigrant
Salma Hayek recalls her days as an illegal immigrant and her initial struggles as a Latino in Hollywood.
Dec 08, 2010
&P set for modest rise as Fortune Brands gains
The S&P 500 was set to rise modestly at the open on Wednesday, boosted by positive corporate news, but a rise in bond yields and the dollar could limit gains.
Dec 08, 2010
Chinese high school students outshine Western peers: Study
Chinese students in Shanghai emerge at the top in international student assessment tests against Western peers, according to a PISA study.
Dec 08, 2010
U.S. sends more subpoenas in insider trading probe
Federal authorities have expanded an investigation into insider trading on Wall Street, bringing to more than one dozen the number of subpoenas sent to hedge funds and other investment firms over the past two weeks, people familiar with the inquiry said.
Dec 08, 2010
Futures flat as bond yields rise
Stock index futures were little changed on Wednesday, pressured by rising bond yields and a stronger dollar.
Dec 08, 2010
Madoff trustee sues Tremont, seeks $555 million more from UBS
The trustee seeking to recover money for Bernard Madoff's victims sued multi-billion dollar money-management firm Tremont Group Holdings Inc and sought an additional $555 million in recoveries from UBS AG .
Dec 08, 2010
Micro Focus interim profits rise 63 pct, lifts dividend
British IT services company Micro Focus International Plc reported a 63 percent rise in pretax profit for the first half as revenue rose and the company lifted its interim dividend by 28.6 percent to 7.2 cents.
Dec 08, 2010
India Nov car sales up 20.79 pct
The Indian domestic passenger car sales jumped by 20.79 percent to 161,497 units in November, compared to 133,703 units during the same period year ago, according to data released by Society of Indian Automobile Manufacturers.
Dec 08, 2010
Ford, Azure Dynamics start delivery of Transit Connect Electrics
Ford Motor Company and Azure Dynamics have begun shipping the first Ford Transit Connect Electrics to early customers in North America and to the United Kingdom for a demonstration project.
Dec 08, 2010
Nissan Leaf figures on 2011 world's 10 best engines list
The electric propulsion system of Nissan's all-electric car Leaf has been named among the 10 best engines for 2011 by Ward's AutoWorld magazine.
Dec 08, 2010
Australia blames US over cable leaks, not Assange
Australian Foreign Minister Kevin Rudd blamed the United States over the leaked diplomatic cables and maintained that Wikileaks founder Julian Assange 'is not himself responsible for the unauthorized release'.
Dec 08, 2010
Google Unveils Chrome OS For Laptop Users
Google officially unveiled its new Chrome OS on Tuesday, and said the new operating system would be available on laptops from Samsung and Acer.
Dec 08, 2010
Middle class falls short on retirement funds
The average American has saved less than 7 percent of his desired retirement nest egg and will likely have to keep working in retirement to supplement his income.
Dec 08, 2010
Carillion sees annual revenue fall on tough UK trading
British building and support services firm Carillion Plc expects annual revenue to be lower than last year's $5.4 billion pounds, citing the reduction in UK construction, the sale of non-core business and equity investments in Public Private Partnership projects.
Dec 08, 2010
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