IBT Staff Reporter

102301-102330 (out of 154954)

Brown launches fightback ahead of election

Prime Minister Gordon Brown pleaded with voters on Saturday to renew their faith in his Labour Party, which is forecast to lose a looming election, and promised to heal the battered economy.

Up to $34 billion in aid mooted for Greece: report

The countries using the euro currency will together provide aid worth between 20 billion and 25 billion euros ($27.2 billion and $34 billion ) for Greece, according to Germany's Finance Ministry, a magazine reported on Saturday.

CORRECTED: Up to 25 billion euros in aid mooted for Greece

Corrects currency in first paragraphThe countries using the euro currency will together provide aid worth between 20 billion and 25 billion euros ($27.2 billion and $34 billion ) for Greece, according to Germany's Finance Ministry, a magazine reported on Saturday.

Greece's woes scared countries into action: Finland

Greece's financial problems have scared other government into taking action to strengthen their finances, and any talk of a chain reaction affecting other countries should be avoided, Finland said on Saturday.

Simon rejects General Growth terms for talks

Simon Property Group Inc said it could not agree to conditions General Growth Properties Inc wanted to impose before talks about Simon's $10 billion bid for the No. 2 U.S. mall owner.

Schlumberger in talks to buy Smith Int'l: report

Schlumberger Ltd is in advanced talks to buy Smith International Inc, The Wall Street Journal said, in a move that would expand the oilfield services leader's arsenal as the weakened sector begins to recover.

Canada all fired up by Own the Podium campaign

Canada's stated aim of winning a lion's share of medals in their home Games has led to high excitement in the streets of Vancouver and hopes for a lasting legacy, Canadian Olympics chief Chris Rudge said on Friday.

Double gold for Norway, Games accusations fly

Aksel Lund Svindal flashed down Whistler mountain to win the men's super-G Friday and deny American Bode Miller an elusive gold medal at the Winter Olympics as Norway stormed up the medals table.

Plushenko may be the one stuck in past

Yevgeny Plushenko accused his rivals of not moving with the times but Evan Lysacek cracked the code to the new scoring system to win Olympic gold and show it was the Russian who was stuck in the past.

Government was told of Toyota claims in 2004: insurer

The largest U.S. auto insurer alerted regulators earlier than first believed about a worrying trend of accidents involving Toyota Motor Corp vehicles, while the Obama administration's top transportation official said on Friday he would not relax pressure on the carmaker.

Obama to spell out new healthcare plan

President Barack Obama is expected to publish his healthcare plan as early as Sunday or Monday, combining features of the two Democratic bills passed by the Senate and House of Representatives, congressional aides and healthcare advocates said on Friday.

ITC to investigate Apple complaint vs Nokia

The U.S. International Trade Commission said on Friday it has agreed to investigate Apple Inc's patent infringement complaint against Nokia Oyj, as the legal battle between the two technology heavyweights continues to play out.

Stocks edge up but rate worries linger

U.S. stocks rose on Friday as investors took the Federal Reserve's discount rate increase as evidence the financial system is healing but worried the eventual withdrawal of easy money will hurt Wall Street.

Tame inflation supports Fed's low rate vow

Consumer prices edged higher in January, while prices excluding food and energy fell for the first time in 27 years, supporting the Federal Reserve's contention it would keep its benchmark interest rate low for an extended period.

Abbas considers options on peace talks restart

Palestinian President Mahmoud Abbas is considering his options on resuming indirect peace talks with Israel after meeting U.S. and European diplomats this week, a senior aide said on Friday.

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