IBT Staff Reporter

105571-105600 (out of 154954)

Wall Street frets over Google's future in China

Google Inc's threat to withdraw from China over censorship and cyber attacks has suddenly jeopardized any plans it has for the world's biggest Internet market, stunning investors and analysts.

Iran knew Israel, U.S. planned terrorist acts

Iran received information days ago that Israeli and U.S. intelligence intended to carry out terrorist acts in Tehran, its parliament speaker said on Wednesday, after the killing of a university scientist.

Al Qaeda linked to rogue aviation network

In early 2008, an official at the U.S. Department of Homeland Security sent a report to his superiors detailing what he called the most significant development in the criminal exploitation of aircraft since 9/11.

EU approves Danish terror insurance scheme

The European Commission has approved a Danish government scheme to cover potential insurance claims stemming from terrorist attacks with nuclear, biological, chemical or radioactive weapons, officials said on Wednesday.

Yemen says security forces kill al Qaeda cell leader

Yemeni government forces killed an al Qaeda leader in an overnight shootout in a southeastern province and militants hit back with an ambush that killed two soldiers and wounded four on Wednesday, security officials said.

Google's statement on how it may pull out of China: (full text)

Google Inc said on Tuesday that it is considering shutting down its China operations and website after hackers in China coordinated a highly sophisticated cyber-attack on the Internet search giant in December and targeted at least a score of other major corporations.

Thousands feared dead in Haiti earthquake

Haiti's president said on Wednesday he feared thousands had died in a major earthquake that wrecked the presidential palace, schools, hospitals and hillside shanties, leaving the Caribbean nation appealing for international help.

Magna sees $19.5-$20.5 bln sales in 2010

Canadian auto parts maker Magna International Inc forecast 2010 sales of $19.5 billion to $20.5 billion and said it would spend $750 million to $800 million for fixed assets during the year.

Saab time frame days not weeks: Spyker CEO

Dutch sports car maker Spyker is working around the clock to clinch a deal to buy Sweden's Saab and has a deadline of days not weeks as parent General Motors GM.UL starts winding down the business, Spyker's CEO said on Tuesday.

Wall Street dips as oil price tumbles

Stocks edged lower on Wednesday as a fall in the price of oil weighed on energy shares and Google Inc slumped after it said it might withdraw from China, weighing on the Nasdaq.

Genii says submits revised bid for Saab

Luxembourg-based Genii Capital said on Wednesday it had submitted a revised offer to GM GM.UL for ailing carmaker Saab which showed it has the financial muscle to run the firm.

Possible Galleon witness could help widen case: report

A hedge-fund manager referred to as Tipper X in the Galleon Group insider-trading case could lead prosecutors to widen the probe to hedge funds that had not been previously implicated, the Wall Street Journal said on Wednesday, citing people familiar with the case.

Scientists link plastics chemical to health risks

British and U.S. researchers studied the effects of the chemical bisphenol A using data from a U.S. government national nutrition survey in 2006 and found that high levels of it in urine samples were associated with heart disease.

UAE banks in no rush to use foreclosure law

Banks in the UAE, heavily exposed to the region's ailing real estate market, can use a local foreclosure law to reclaim assets, but a sharp increase in reposessions is unlikely for now, lenders and analysts said.

Novartis may nudge up bid for rest of Alcon

Novartis will likely nudge up its lowball bid to minority shareholders in eyecare group Alcon to push a deal through cleanly, even though it appears to hold all the trump cards.

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