IBT Staff Reporter

96991-97020 (out of 154954)

LG Elec eyes World Cup TV boost, cautious on mobiles

World No.2 TV maker LG Electronics warned that profits at its struggling mobile division would be slow to recover, but it expects this summer's soccer World Cup to drive TV sales and push up next quarter's earnings.

Fears of Greek debt default hit markets

Fears that a planned rescue of Greece could stall and extend the financial crisis to other euro zone countries hit European markets on Wednesday as investors worried that Athens may default on its debt.

Shell profit soars on oil price, output growth

Royal Dutch Shell Plc continued a run of better-than-expected first-quarter profit rises by the big international oil companies on the back of higher oil prices, and boosted, in its case, by an unexpected return to production growth.

Greek crisis carries all before it

Greece's exploding debt crisis eclipsed all else on financial markets on Wednesday, knocking down global stocks and pushing the euro for a time to a one-year low against the dollar.

Microsoft signs Android patent deal with HTC

Microsoft Corp said on Tuesday it struck a licensing deal with phone handset maker HTC Corp, under which it will get royalty payments on HTC phones running Google Inc's Android operating system.

Euro hits 1-year low, stocks fall on EU debt woes

The euro tumbled to a one-year low against the dollar and Asian stocks fell as cuts in Greece and Portugal's credit ratings set off a flight to safety on fears that the euro zone's debt problems are spreading.

LG Elec sees better Q2 on mobile recovery, firm TVs

World No.2 TV maker LG Electronics said it aims to turn around its struggling mobile division with double-digit shipment growth in the second-quarter, adding strong TV sales would lead to better results in the period.

Fed seen maintaining promise to keep rates low

The Federal Reserve is expected on Wednesday to repeat its vow to keep interest rates at rock bottom levels for an extended period while acknowledging that the U.S. economic recovery is getting stronger.

Venezuela's chatty leader Chavez joins Twitter

Venezuela's President Hugo Chavez opened a Twitter account on Tuesday, launching himself into the digital fray to combat opponents who have seized on the micro-blogging site to criticize his socialist government.

Australian dollar outlook - 28/4/2010

The AUD has taken a dive overnight following announcements from credit rating agency Standard and Poors in relation to their credit ratings for both Portugal and Greece.

Bank rule reform falls short again in Senate

Senate Republicans on Tuesday blocked a sweeping overhaul of banking rules for a second straight day as they sought to extract more concessions from Democrats eager to crack down on Wall Street.

For Sirius XM, small investors want bigger windfall

Sirius XM Radio Inc shook off the threat of a Nasdaq delisting on Tuesday, vindicating the scores of retail investors who had bet on the satellite radio service when it was shunted by big institutional funds.

Migraine Sufferers Retreat to Dark Environment

Approximately 30 million people in the United States suffer from migraine pain, which is often described as a throbbing pain in one area of the head and is often accompanied by nausea, vomiting and other symptoms.

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