IBT Staff Reporter

98341-98370 (out of 154954)

Higher open eyed on Greece hopes, commodities

U.S. stocks headed for a higher open on Friday, underpinned by a rise in commodity prices, as the U.S. dollar retreated amid speculation that debt-laden Greece would tap a financial lifeline.

Facebook joins drive to get UK voters to polls

British election officials will for the first time use Facebook to encourage more people to register to vote on May 6 after turnout fell to historic lows in the last two ballots, a watchdog said on Friday.

Macarthur Coal delays shareholder vote

Australia's Macarthur Coal postponed a shareholder vote on whether to take over a smaller rival, leaving the door open for major coal producers to bid for Macarthur, the world's top producer of a cleaner coal sought after by steelmakers.

Futures rise on commodity boost

U.S. stock index futures were higher on Friday, with shares of natural resource companies poised to outperform as the U.S. dollar retreated, sending crude oil and other commodities higher.

Greek output slumps as EU dithers on aid

Greece continued to resist market pressure for it to seek emergency aid from the EU and IMF, as the country's manufacturing base contracted sharply in February despite growing signs of upturn in the global economy.

Trichet says Greece not in need of rescue

Greece is not at the point where it needs a financial bailout and is in no danger of defaulting, European Central Bank president Jean-Claude Trichet said in an interview on Friday.

Major U.S. banks masked risk levels: report

Major U.S. banks temporarily lowered their debt levels just before reporting in the past five quarters, making it appear their balance sheets were less risky, the Wall Street Journal said, citing data from the Federal Reserve Bank of New York.

Apple unveils iAd platform; iPad sales look strong

Apple CEO Steve Jobs showed off a new smartphone operating system on Thursday that features an advertising platform to compete with Google's, and revealed stronger-than-expected sales of 450,000 units for the iPad.

KKR, Bain preparing for fresh IPOs: report

U.S. private equity firms Kohlberg Kravis Roberts & Co and Bain Capital are preparing for initial public offerings of Toys R Us and NXP SemiConductors , the Wall Street Journal said, citing people familiar with the deals.

Macarthur Coal spurns new bid as suitors line up

Australian miner Macarthur Coal rejected a $3.5 billion bid from rival New Hope Corp , opting to press on with an earlier plan to take over a smaller coal firm and ally itself with commodity trader Noble Group .

EUR/USD – and now ?

Good morning dear traders, well, it was not overwhelming with yesterday´s trading day.

Asia stocks firm near 22-month high; yen falls

Asian stocks edged closer to a 22-month high on Friday, supported by strong U.S. retail sales data, while the yen retreated after rising the previous day on talk that China was close to allowing a modest rise in the yuan.

Fed officials again pledge low rates, slow asset sales

Federal Reserve officials again reiterated their commitment to low interest rates for an extended period on Thursday, given the fragile nature of the economic recovery, and suggested a reduction in the size of the central bank's balance sheet could take as long as two decades.

Airline consolidation no silver bullet: AMR CEO

Consolidation is no silver bullet for what ails the airline industry, but mergers are inevitable and the business would benefit from a smaller number of carriers, the chief executive of American Airlines parent AMR Corp said on Thursday.

Near-death experiences result of carbon dioxide

Near-death experiences like seeing a bright light at the end of a tunnel, feelings of peace and joy may occur because of high carbon dioxide levels in the blood, according to researchers writing BioMed Central's open access journal Critical Care.

Daily Forecast - 9/4/2010

Yesterdays much anticipated Australian employment report had little impact on the currency with the 19.6k new jobs created during the month of March in line with the markets expectations.

Do glasses weaken your eyes?

Most of us will need glasses at some point in their lives and some of us may wonder whether glasses weaken our eyesight.

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