IBT Staff Reporter

Two studies published on Wednesday show it is possible to sequence the entire gene maps of families with inherited diseases and pinpoint the offending bit of DNA.

Swiss food giant Nestle is more likely to sell its 30 percent stake in the world's biggest cosmetics group L'Oreal rather than attempt a takeover with limited strategic logic.

The U.S. trade deficit narrowed unexpectedly in January as oil imports fell to their lowest since February 1999, a government report showed on Thursday.

HSBC announced Thursday the data of 15,000 global clients with accounts with its Swiss private-banking arm HSBC Holding PLC has been stolen.

HSBC , Europe's biggest bank, said a theft of data by a former employee affected up to 24,000 Swiss client accounts, dealing a hefty blow to the reputation of its private bank.

U.S. stocks fell on Thursday as U.S. jobless claims fell less than expected and inflation in China rose to a 16-month high, raising worries about money tightening in one of the world's largest economies.

China's trade surplus should not be used as an argument in favour of letting the yuan appreciate, Commerce Minister Chen Deming said on Thursday.

Blatant disregard for oncoming traffic and speed limits will get you into serious trouble on the road, but drivers seeking similar thrills can indulge in a fleet of new racing video games due out soon.

The U.S. stock market tracked losses of European markets as China's CPI report sparked concerns about inflation and the steps the nation's government may take to combat it.

The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery.

American physicist Sally Ride achieved lasting fame in June 1983 when she became the first American woman to travel in space as a crew member of the Space Shuttle Challenger.

Police clashed with stone-throwing youths in Athens on Thursday as tens of thousands protested draconian cutbacks aimed at pulling Greece out of a debt crisis shaking the euro zone.

Nothing like becoming an adult than watching those around you become victims of the economy while you're still struggling to regain your own sense of working self.

Daihatsu Motor Co, a unit of Toyota Motor Corp, said on Thursday it would recall more than 274,000 Hijet and Atrai wagon models in Japan to fix a loose knuckle joint in the front wheels.

The U.S. Treasury's decision against a bankruptcy restructuring for GMAC may have increased taxpayer bailout costs for the auto finance company and made it less viable, an oversight group said on Thursday.

They build the skyscrapers and lay the highways, mind the city children, sew the clothes and tend the shops, but China's army of migrant laborers are still fundamentally aliens in the country's bustling urban centers.

Big business is now free to blitz the airwaves to attack politicians who support action against climate change, which could smother messages from environmentalists.

U.S. stock index futures pointed to a lower open on Thursday as weekly U.S. jobless claims fell and data showed a jump in Chinese inflation.

The number of U.S. workers filing new applications for unemployment benefits fell slightly less than expected last week, hinting at a slow labor market recovery.

General Motors Co will pay back roughly $8 billion in debt to the United States and Canada before June and could go public in a way that would allow taxpayers to make a profit on the bailout, Chief Executive Ed Whitacre said on Wednesday.

New home prices in Canada kept climbing in January, rising 0.4 percent from the previous month as expected, according to Statistics Canada on Thursday.

Chrysler hired a Volkswagen executive to lead the reintroduction of its Fiat brand in North America -- a brand that represents the core of the automaker's efforts to bring out fuel-efficient small cars.

U.S. mortgage foreclosure filings dropped for a second straight month in February, and notched the smallest annual increase in four years as housing-rescue efforts contained activity, a report released on Thursday showed.

The Senate on Wednesday passed a $149 billion package of jobless aid and tax breaks, as Democrats continued efforts to lower the 9.7 percent unemployment rate before congressional elections in November.

Media companies longing to bring a paid-for culture to the Internet might just get what they want if they pay more attention to the smartphone revolution that is changing the way people access the Web.

Major shareholders in Prudential are warming to the British insurer's $35.5 billion bid for AIG's Asian business following meetings with chief executive Tidjane Thiam.

A-Power Energy Generation Systems Ltd, the U.S. Renewable Energy Group and American Nevada Group said they would jointly develop a production and assembly plant in Nevada.

The number of U.S. workers filing new applications for unemployment insurance fell slightly less than expected last week, a government report showed on Thursday, hinting at a slow labor market recovery.

Russia is considering inviting India's state-run Oil and Natural Gas Corp to develop oil and gas fields in Russia ahead of Prime Minister Vladimir Putin's visit to India.