IBT Staff Reporter

102481-102510 (out of 154954)

In China, housing boom spreads to poor center

Fan Wenbao swears he is not in the business of speculating on property. Already the owner of one home in Xinyang, a grimy city in the poor central province of Henan, he bought two more there last year.

Daimler scraps dividend after 2009 loss

German carmaker Daimler scrapped its dividend for the first time in 14 years after it swung to a worse-than-expected 2009 net loss, sending shares down to their lowest level in five months.

Atari beams up with new Star Trek online game

Hollywood director J.J. Abrams has gone where man has gone before, with his 2009 Star Trek movie blasting the sci-fi franchise back into the spotlight and online, uniting new and older generation fans.

Jobless claims unexpectedly jump last week

The number of U.S. workers filing new applications for unemployment insurance unexpectedly surged last week, a government report showed on Thursday, dealing a setback to hopes the economy was on the verge of job growth.

S&P, Dow futures weighed by Wal-Mart

The S&P 500 and Dow index futures were lower on Thursday as weaker-than-expected results from Wal-Mart raised concerns about the state of consumers expectations ahead of data on jobs and inflation.

SocGen eyes better 2010 after Q4 disappoints

Societe Generale expects results to recover in 2010 with lower bad risk write-downs after posting weak fourth-quarter results and rattling markets last month with a profit warning.

Kyoto risks dying, no new climate deal in sight

Efforts to extend the Kyoto climate pact framework risk collapse in a setback to years of diplomatic bargains, as chances fade that the United States will join other rich nations in capping emissions.

New seasonal flu vaccine to contain H1N1 strain

The composition of the vaccine, announced at the end of a closed-door four-day meeting of influenza experts that is closely followed by the world's vaccine makers, means governments that have stockpiled doses of H1N1 swine flu vaccine may now use them for part of the seasonal flu vaccine mix.

U.N. climate chief Yvo de Boer to quit in July

U.N. climate chief Yvo de Boer will step down to join a consultancy group as an adviser, he said on Thursday, two months after a Copenhagen summit failed to support a legally binding climate pact.

WHO to decide new flu vaccine formula

Flu vaccine makers anxiously await the decision, scheduled to be announced at 5 a.m. EST/1000 GMT, because they need this guidance to start formulating vaccines for the Northern Hemisphere's fall vaccine mix.

Happiness makes for a healthy heart

U.S. researchers said their observational study was the first to show an independent relationship between positive emotions and coronary heart disease, but stressed that more work was needed before any treatment recommendations could be made.

Toyota image seen at further risk in Corolla probe

A second recall of Toyota Motor Corp's flagship Corolla model in the United States, this time potentially to address complaints about the steering, would cost very little on paper but risks further damaging its brand.

U.S. property continued dismal form in 2009: IPD

U.S. real estate continued its dismal run in 2009 with all-property capital values and total returns doubling their rate of decline, and yields softening further, quarterly data showed on Wednesday.

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