IBT Staff Reporter

108091-108120 (out of 154953)

Flyglobespan collapse hits travellers

Around 4,500 passengers were stranded abroad on Thursday after the suspension of Scottish airline Flyglobespan, administrator PricewaterhouseCoopers said.

Dubai projects go ahead as officials visit U.S

As Dubai developers reassured the world their ambitious construction projects would go ahead, officials from the emirate were expected in New York to shore up confidence after a debt landslide threatened its top companies.

What green CEOs want from Copenhagen

Business leaders are watching Copenhagen climate talks, which might launch new, bigger carbon markets and help drive investment in green technologies.

Quotes from Copenhagen climate talks

Following are notable quotes about U.N. climate talks in Copenhagen on Thursday, where negotiations were deadlocked with just one day left to work out a new deal to combat global warming after two years of work.

Obama heads to Copenhagen as climate talks falter

U.S. President Barack Obama heads to Copenhagen on Thursday to help secure a U.N. climate pact, staking his credibility on an as yet elusive deal that has ramifications for him at home and on the world stage.

U.S. Senate staggers toward healthcare votes

The U.S. Senate staggered toward the healthcare finish line on Wednesday, as Republicans used new tactics to delay debate and a Democratic holdout remained uncommitted after meeting President Barack Obama.

U.S. backs $100 billion climate fund

Danish hosts re-launched U.N. climate talks on Thursday after the United States backed a $100 billion (62 billion pound) global fund to support poor countries and world leaders gathered for a final effort to reach a deal.

Rite Aid posts another loss as sales fall

Rite Aid Corp posted its 10th straight quarterly loss as customers cut back on discretionary purchases and the drug store chain worked on refreshing its stores to reignite sales growth.

Gene maps to transform scientists' work on cancer

Scientists have indentified all the changes in cells of two deadly cancers to produce the first entire cancer gene maps and say the findings mark a transforming moment in their understanding of the disease.

Winnebago loss narrows, says worst may be over

U.S. motorhome maker Winnebago Industries Inc said its quarterly loss narrowed as demand for its biggest and most profitable vehicles showed signs of life, and it announced plans to boost production.

Stocks to open lower on stronger dollar

Wall Street was set to open lower on Thursday as the Federal Reserve's growing optimism about the economy boosted the U.S. dollar to the detriment of equities, while FedEx shares fell as it forecast lower profit.

Jobless claims up, labor market still healing

The number of workers filing new applications for jobless insurance unexpectedly rose last week, according to government data on Thursday that still suggested the labor market was improving.

Danish DUC North Sea oil output rises in Nov

The Danish Underground Consortium's (DUC) oil output from Denmark's part of the North Sea rose by 3.1 percent in November from October, operator A.P. Moeller-Maersk said on Thursday.

Petroceltic in Italian farm-in deal with Canada's Cygam

Irish oil and gas explorer Petroceltic International Plc said it took over as operator of a permit in Italy, raising its stake to 70 percent from 40 percent, as part of a farm-in deal with a unit of Canada's Cygam Energy Inc.

Rich wrongly blame poor on climate: India

India said on Thursday rich countries were set to launch a propaganda campaign wrongly blaming poor nations if a U.N. summit in Copenhagen failed to reach a deal to combat global warming.

Strong dollar weighs on futures ahead of data

U.S. stock index futures fell on Thursday, a day after the Federal Reserve voiced growing optimism about the economy, boosting the U.S. dollar even as interest rates stayed at historic lows.

Carlsberg gets lift from Russian beer sellers

Danish brewer Carlsberg said moves by Russian beer sellers to stock up before a tax hike takes effect next year will boost its 2009 operating profit by close to $60 million above previous guidance.

General Mills posts higher profit

General Mills Inc posted a better-than-expected 50 percent increase in quarterly profit, helped by strong sales of higher-margin products like cereal and falling commodity costs.

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