More From IBT Staff Reporter
Economic blow to airlines could surpass Sept. 11: EU
The volcanic ash cloud that has grounded many flights could deal a bigger economic blow to the airline industry than the attacks on the United States on September 11, 2001, the EU's transport commissioner said Monday.
Apr 19, 2010
Wall Street set to drop on Goldman charges
U.S. stocks were set to open lower on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.
Apr 19, 2010
Architect Visit: Vincent Van Duysen in Antwerp
UK publishers Thames & Hudson have just come out with Vincent Van Duysen: Complete Works, a comprehensive monograph of the Belgian architect's work, featuring more than 30 projects photographed by Alberto Piovano.
Apr 19, 2010
Citigroup turns in $4.4 billion profit
Citigroup Inc posted a $4.43 billion first-quarter profit as losses from bad loans declined.
Apr 19, 2010
Lilly profit tops views, but reform hits results
Eli Lilly and Co posted a better-than-expected first-quarter profit on Monday, although it warned that costs from the newly passed health reform law would crimp results for the year.
Apr 19, 2010
Locust Pizza added to pizza bar menus
Entrepreneurs take advantage of locust swarms at Victoria as locust pizza is included in their menus.
Apr 19, 2010
Stock futures off on Goldman concerns
U.S. stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.
Apr 19, 2010
Stock futures off after Goldman; Citi results eyed
U.S. stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.
Apr 19, 2010
Philips Q1 beats expectations, shares at 23-mnth high
Dutch Philips Electronics on Monday reported first-quarter operating profit above the most optimistic forecast, driven by its lighting unit and cost cuts, sending shares to a 23-month high.
Apr 19, 2010
Stock futures down on Goldman worries, Citi results eyed
Stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.
Apr 19, 2010
Hasbro posts better-than-expected profit
Hasbro Inc reported a larger-than-expected quarterly profit, helped by strong demand for action figures for boys and double-digit sales gains in its girls' brands like Littlest Pet Shop and Strawberry Shortcake.
Apr 19, 2010
Futures down on Goldman worries, Citi results eyed
Stock index futures fell on Monday as lingering concerns over fraud charges against Goldman Sachs weighed on investor sentiment.
Apr 19, 2010
Macarthur Coal bid twist: Gloucester deal collapses
U.S. miner Peabody Energy's $3.8 billion bid for Macarthur Coal gained traction on Monday as one of two rival deals involving the Australian miner hit the skids.
Apr 19, 2010
Experts advise young people to get vaccinations against swine flu
Young people were advised by health experts to get free and safe vaccinations to be protected against the second blow of swine flu disease.
Apr 19, 2010
The Myths About Online Education
The popularity of online degree programs continues to grow, but some people still hesitate to enroll.
Apr 19, 2010
Lenovo eyes rapid mobile Internet growth
Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing.
Apr 19, 2010
Research: stops hair turning grey
Turning grey hair may appear to be less attractive for some people. If you fall under this category, then you don't need to worry anymore as researchers have developed a new treatment which protects the cells that provide hair with its pigment, allowing people to keep their natural colour for longer.
Apr 19, 2010
Viacom says CEO gets 40 percent jump in base salary
Viacom Inc Chief Executive Officer Philippe Dauman received a 40 percent hike in his annual base salary to $3.5 million, effective January 1, 2010, a regulatory filing showed.
Apr 19, 2010
In Asia, Goldman clients stay loyal for now
For now, clients of Goldman Sachs are standing behind the bank after the top U.S. securities regulator slapped charges against the Wall Street powerhouse over its marketing of a subprime mortgage product.
Apr 19, 2010
Samsung’s 3D TV poses a number of health precautions
Samsung's 3D TV poses health risks on pregnant women, teenagers, elders and with epileptic tendencies.
Apr 19, 2010
Disapproval from rural health groups regarding healthcare reforms
Rural health groups is nervous about the outcome of the talk regarding healthcare reforms which is held at COAG today.
Apr 19, 2010
Wall Street futures signal falls; Citi, IBM earnings eyed
Stocks futures fell on Monday, pointing to a weaker start for Wall Street, on lingering concerns over fraud charges against Goldman Sachs weighing on investor sentiment.
Apr 19, 2010
LCD makers' outlook improves on strong TV demand
Top Asian LCD makers are set to report upbeat quarterly results and may forecast robust demand as buoyant TV sales and new product launches such as Apple's iPad reinforce a recovery in the sector.
Apr 19, 2010
EUR/USD - will it further fall ??
Good morning dear traders,welcome in a new trading week. How was your weekend? Did you celebrate your profits of last week, or ...? I was satisfied with my last week´s trading results. Friday´s trading day was great.
Apr 19, 2010
Goldman fraud case rattles investors
Worries about the impact of fraud charges against Goldman Sachs rattled stock markets on Monday, sending investors in search of less speculative currencies and boosted government bonds.
Apr 19, 2010
China says yuan appreciation expectations rising
China might see increased foreign exchange inflows this year as expectations of yuan appreciation mount, the State Administration of Foreign Exchange said on Monday.
Apr 19, 2010
Philips beats expectations
Dutch Philips Electronics warned markets were still uncertain despite reporting first-quarter operating profit above the most optimistic expectations fueled by its Lighting unit and cost cuts.
Apr 19, 2010
Asian stocks, commodities slip as profit takers pile in
Asian stocks suffered their biggest loss in 10 weeks on Monday after U.S. regulators filed fraud charges against Goldman Sachs and China clamped down harder on property speculation, giving investors an excuse to take profits after markets had rallied to multi-month highs.
Apr 19, 2010
Time not ripe for China to end dollar peg: adviser
The conditions are not ripe for China to unshackle the yuan from its 21-month-old peg to the dollar, a senior government economist said in comments published on Monday.
Apr 19, 2010
United broaches alliance with US, Continental: sources
United Airlines is continuing separate merger talks with US Airways and Continental Airlines, and has also discussed the option of deepening a three-way marketing alliance between the carriers absent a merger, people familiar with the matter said.
Apr 19, 2010
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