IBT Staff Reporter

Germany will not need a supplementary budget to pay for an aid package to Greece, Finance Minister Wolfgang Schaeuble was quoted as saying on Saturday, adding he did not expect German taxpayers to suffer.

Australian Red Cross are now reviewing their policy of banning homosexual men from donating blood.

China's cabinet on Saturday laid out further detailed measures for keeping the property sector in check, empowering and ordering local governments to take steps to control speculative buying.

Most people are not aware of the seriousness of a minor stroke

Rosebery residents will sue health officials as well as the management of MMG Australia for exposing them to high levels of health risk.

Oil prices plunged on Friday after the U.S. Securities and Exchange Commission charged Goldman Sachs with fraud in its marketing of certain subprime mortgage securities, amid a general sell-off in financial and commodity markets. The allegations against one of the biggest market makers in virtually every markets dampened speculation heading into the weekend. Much like the volcanic eruption in Iceland spewed a cloud of dust over northern Europe that grounded all air travel, the SEC charge cast a ...

Leprosy disease has entered New South Wales

U.S. regulators on Friday seized eight banks with assets totaling more than $6 billion, raising the tally this year to 51 failed banks and adding to the carnage of small institutions that is expected to peak this year.

With some of Wall Street's most volatile names on the earnings calendar next week, investors may want to keep the antacids handy.

World stock markets dropped on Friday after U.S. regulators charged Goldman Sachs Group Inc. with fraud related to subprime mortgages, while the euro dropped on worries about Greece's debt crisis.

Toyota Motor Corp (7203.T) will launch competitively priced Prius hybrid minivans using lithium ion batteries early next year, the Nikkei business daily reported.

The Federal Communications Commission on Friday extended the public comment period for the joint venture between Comcast Corp and NBC Universal because it has not received additional economic data requested from the companies supporting their deal.

The Office of Thrift Supervision, the regulator of Washington Mutual before it became the biggest banking bust in U.S. history, came under fire on Friday by lawmakers probing the roots of the financial crisis.

Research in Motion Ltd says it is far from certain that video will become the killer app that defines smartphones, but even so the BlackBerry maker says developing more efficient delivery is necessary to prevent video from choking airwaves.

Google Inc shares fell more than 7 percent on Friday after its quarterly results came in short of expectations, leading some analysts to cut price targets on concerns about growth.

Goldman Sachs Group Inc was charged with fraud by the U.S. Securities and Exchange Commission over its marketing of a subprime mortgage product, igniting a battle between Wall Street's most powerful bank and the nation's top securities regulator.

Goldman Sachs Inc may have to cough up a big fine to settle the civil lawsuit brought by U.S. regulators and the issue poses the biggest threat to the reputation of the influential bank, analysts said.

The U.S. central bank's withdrawal of extraordinary monetary stimulus for the economy should be done as deliberately as possible, a senior Federal Reserve official said on Friday.

President Barack Obama said on Friday he would veto a planned financial regulation law that did not bring the derivatives market under control -- hours after influential bank Goldman Sachs was charged with fraud.

Permits to build new U.S. homes surged in March to a 17-month peak and construction activity was the most vigorous in more than a year, providing fresh evidence that economic prospects are brightening.

Senator Blanche Lincoln on Friday unveiled a long-awaited draft bill to regulate the $450 trillion over-the-counter derivatives market, taking a tougher tack against big banks than the Senate Banking Committee or House bills on the issue.

Financial stocks plunged on Friday in the heaviest trading this year, dramatically ending Wall Street's six-day winning streak as fraud charges against Goldman Sachs and disappointing earnings sent investors running for cover.

The chairman of the Federal Deposit Insurance Corp on Friday said that for years before Washington Mutual became the biggest bank bust in U.S. history, the agency was prevented from examining the bank by a rival regulator.

The U.S. central bank should exit from its extraordinarily accommodative monetary policy as deliberately as it can, a senior Federal Reserve official said on Friday.

The Obama administration's pay czar issued rulings on Friday for a second tier of top earners at bailed-out companies and said far fewer were getting big cash salaries this year than last.

Bank of America Corp posted its first quarterly profit since summer 2009 as it generated outsized bond trading revenue and set aside less money to cover bad loans.

The Obama administration's pay czar issued rulings on Friday for a second tier of top earners at bailed-out companies and said far fewer were getting big cash salaries this year than last.

After an over night train ride, the night after having an overnight plane ride, I wouldn't generally think my wits are at their most fine tuned. Thankfully after arriving in Luxor and checking into a hotel I find I can still notice a red herring when I see one.

Mention an expedition cruise to Antarctica and the first departure point that comes to mind is most likely South America. When you think about the ship, you might imagine a clunky looking ex-research vessel or perhaps a Russian ice breaker that's been converted into a tourist ship.