IBT Staff Reporter

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In Developing Countries: Shorter Maternal Height Associated With Higher Death Rates for Children

Researchers found that among 54 low- to middle-income countries, a mother's shorter height is associated with a higher rate of death for her children and a greater likelihood of these children being underweight and having a reduced rate of growth.

Computers beat doctors at diagnosing child illnesses

A computerised diagnostic model developed by a group of specialists in Australia have shown to be more accurate than a doctor's clinical judgement.

Do playing computer games boost your brain power?

Many would have thought that by playing computer games will improve memory and other skills because it stimulates brain activity.

IMF to keep mulling how to make banks pay for bailouts

The International Monetary Fund pledged on Sunday to keep working on plans to make bankers bear the burden of their own bad behavior and not to lose heart over opposition to their first ideas for a global bank tax.

Fed to extend extended period

With official interest rates near zero and the Federal Reserve unable to cut them any further, every policy meeting by definition brings the central bank one step closer to an eventual monetary tightening.

China gains clout in World Bank vote shift

China overtook large European nations in a shift in voting power at the World Bank on Sunday that was designed to give emerging economies greater influence in the global development institution.

Will Comcast's time on the Hill pay off?

Wall Street expects Comcast Corp to post another solid quarter of customer additions and financials, but investors increasingly worry that the No. 1 U.S. cable company could pay a price for its various ongoing regulatory run-ins.

Greece expects debt aid rescue in time

Greece's finance minister said on Sunday that aid will arrive in time to avert the euro zone's first sovereign debt default as signs grew that a 45 billion-euro ($60.49 billion) rescue would have to be bigger.

International modeling arena a place of ‘sex, starvations, and drugs’

Young models in the international modeling arena are frequently pressured to starve themselves, offered to take drugs and exposed to seedy sex trade, says Tione Hawkin, Australian model.

Two year-old dies after flu vaccination

Two year-old Ashlee Epapara was found dead in her cot on April 9, the morning after she and her twin sister received the seasonal flu vaccination from their family GP in Brisbane.

Greece expects aid rescue in time, no default

Greece's finance minister said Sunday aid will arrive in time to avert the euro zone's first sovereign debt default as signs grew that a 45 billion-euro ($60.49 billion) rescue would have to be bigger.

Plea to fill gaps in mental health

The government has been urged by mental health experts to provide more funds for the management of patients with severe psychotic illness in order to cut the demand on acute care beds in hospital.

Flu vaccine is safe, say doctors

Doctors in Canberra are moving to calm the concerns about the seasonal flu vaccination, to reassure adults that it remains safe for use.

Chaperones for male doctors due to increased sexual misconducts

Male doctors would be forced to use chaperones during examination of women patients, if proposed rules to be put through.

UBS deal not to be tied to bonus issue: Swiss President

Switzerland's economy minister said she hoped parliament would not link a deal between UBS and the United States on disclosing secret bank accounts with questions such as bankers' bonuses, the newspaper Sonntag reported on Sunday.

Senators near agreement on financial regulation

Senators negotiating financial regulatory reform legislation said on Sunday they were close to a bipartisan agreement, as the White House said fraud charges against Wall Street titan Goldman Sachs highlighted the need for reform.

E.ON shortlists 3 bidders for U.S. business: sources

Germany's E.ON , the world's largest utility by sales, has shortlisted three bidders for the multi-billion euro sale of its U.S. business, three people with knowledge of the matter said.

Profits still hold key; Greece's debt

Wall Street is heading into another earnings blitz this week and the prospects of strong results from bellwethers like Caterpillar Inc and 3M Co should propel indexes to new recovery highs.

Greece sees aid coming fast enough to avert default

Greece's finance minister said on Sunday aid would arrive fast enough to avert a debt default as signs grew that a 45 billion euro ($60.49 billion) rescue package would have to be increased.

Senators close to deal on financial regulation

Senators negotiating financial regulatory reform legislation said on Sunday they were close to a bipartisan agreement, but conceded they may not get a deal before a crucial Senate vote on Monday.

Goldman emails show need for transparency: Summers

Emails sent by Goldman Sachs Group Inc's executives on money the firm made by betting against risky mortgage securities highlight the need for transparency in financial markets, senior White House adviser Lawrence Summers said on Sunday.

Geithner says reforms will benefit Wall Street

Treasury Secretary Timothy Geithner said on Sunday that proposals to more tightly regulate the financial sector are not a threat and will ultimately be a benefit to banks by making them more credible.

UAE banks likely to take Dubai World hit in Q2

UAE banks are likely to face the brunt of the Dubai World restructuring in the second quarter, after the central bank told lenders they are not required to book provisions until there is more clarity.

Canada says expects Greek aid package to grow

Canada said on Sunday it expected a 45 billion euro ($60.49 billion) rescue package for Greece to grow in size as doubts emerged over whether the joint EU-IMF aid would be enough to avert a default.

Geithner: pact agreed on World Bank capital rise

World Bank members have agreed to pour more capital into the lender and give developing countries a greater voice in running the bank, Treasury Secretary Timothy Geithner said on Sunday.

Shortsighted to oppose bank tax, IMF warns

Countries that weathered the global economic crisis with their financial systems relatively unscathed are being shortsighted by opposing a global bank levy, the IMF's chief said on Saturday.

UBS deal should not be tied to bonus issue: Swiss President

Gulf Islamic banks eye conversion of conventional peers

More banks in the Gulf Arab region may convert to Islamic finance in a bid to tap rising demand for sharia-compliant products and to avoid the heavy investment required to launch new banks.