IBT Staff Reporter

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Penelope Cruz expecting her first child

Fans of Spanish beauty Penelope Cruz, who had taken their idol's rounder-looking tummy as an attitude statement, were in for a pleasant shock when it was reported that Penny was actually four-and-half months pregnant.

5 First-Time Resume Concerns

Definitely keep your resume within the 1-2 page range. If you don't have much experience, you can probably get everything on one page, but try not to feel restricted by this number. Two page resumes are entirely acceptable as long as they contain relevant information.

US home foreclosures on all-time high

According to a recent realty report by Reuters, an unbelievable number of US homeowners lost their homes to banks. RealtyTrac, a real estate data company sees a record 1.2 million repossessions this year, up from just fewer than 1 million last year, with more than 3.2 million US homes in some stage of foreclosure.

Economists expect home prices to fall

In surge of properties up for sale, GSE's economists forecast that home prices may fall an additional 1 to 1.5 per cent in the third quarter, and might later stabilize during the first half of 2011 and begin to rise during the balance of the year.

Mumbai land up for grab despite slump

Despite stagnancy in the realty sector in Mumbai, realtors haven't lost the passion to acquire land in India's financial capital. Last week, leading developers made bid for a 105 acre land in Thane situated in the outskirts of the city.

Fiat’s fleet to re-launch in N. America

Italian car maker Fiat known for its modern yet simple models and environmentally-friendly cars with a dominating market in Europe is reintroducing the Fiat brand in North America.

GM aims to grow capacity at China joint ventures

General Motors aims to sell at least 10 to 15 percent more vehicles in China next year, in line with the expected rate of growth in the world's biggest auto market, its China chief said on Thursday.

Japan auto lobby says dollar at 85 not enough

The head of Japan's auto lobby warned on Thursday the current dollar/yen rate was not strong enough to prevent job losses at home, calling on authorities to keep taking decisive steps after intervening in the currency market a day earlier.

Great Wall Motor in green car push in 2011

Chinese automaker Great Wall Motor Co Ltd will begin trial sales of its pure electric cars in the country next year, its chairman said on Thursday, tapping growing demand for clean energy vehicles.

EU car sales fall in summer months

Sales of new passenger cars saw considerable percentage drops over the summer months, industry association ACEA said Thursday, as the phasing out of scrapping incentive schemes continued to take its toll.

BMW gets approval to set up China auto financing unit

German luxury car maker BMW said on Thursday it had received approval to set up an auto financing unit in China, becoming the latest foreign automaker to tap the country's fledgling but potentially lucrative auto financing business.

Poultry, beef, leafy vegetables lead to maximum food poisoning

Amongst the food-borne diseases, poultry has been found to be the leading cause in the U.S. This is followed by green leafy vegetables and beef, which cause severe food poisoning and other stomach ailments, says a report released by the Centers for Disease Control and Prevention.

White people are better conditioned to deal with muscular dystrophy

According to a study published in the journal Neurology, White Americans with muscular dystrophy, a debilitating muscular disease, tend to live longer than their African American counterparts. They can live up to 12 years longer. Muscular dystrophy is an inherited disease where muscle fibers slowly degenerate and are vulnerable to damage and get weak progressively. The death mainly occurs due to r...

Progeria can provide clues to risks of aging

Progeria is a rare genetic disorder - only 65 cases in the world - where a child's aging process is accelerated and he or she dies of aging related disease like stroke and heart attack. Life expectancy is about 13 years.

Ritz Carlton to Reward loyalists

Marriott's luxury Ritz Carlton hotel chain has launched a program to reward its regular customers. This new program may well be a sign of how luxury hotels are trying to woo customers during difficult times.

Porsche zooms in with 911 GT2 RS

If you are a race car aficionado and love the zip the drive gives then you are the one for the newly introduced Porsche 911 GT2 RS.

Armani buys most expensive Greek island

Beating bidders Bill Gates, and Madonna Italian fashion designer Giorgio Armani has paid $190 million to buy one of the most expensive private islands in Greece called Skorpios located in the Ionian sea.

Has Roche got the right medicine?

Last summer, the leaders of some of the world's top drugmakers buttonholed Roche Chief Executive Severin Schwan and tried, unsuccessfully, to get him to change his mind.

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