IBT Staff Reporter

108601-108630 (out of 154953)

Ten Alps H1 profit up; comfortable with FY consensus

Media production firm Ten Alps Plc (TAL.L) posted a rise in first-half pretax profit due to cost cuts and improved margins and said it was comfortable with the full-year consensus view, sending its shares up 5.8 percent.

Coke says green strategy will win business

Having an integrated clean technology strategy will be a big part of winning business in the 21st century, a Coca-Cola executive told Reuters.com on Monday, and its investments in refrigeration will likely have the biggest impact on that strategy long-term.

BA crew vote in favor of strike action

Thousands of British Airways (BAY.L) cabin crew voted to strike, hours after the airline revealed a 3.7 billion pound ($6 billion) hole in its pension fund that will require deft handling by management if a proposed merger with Iberia (IBLA.MC) is to stay on track.

First photos of Google's 'Nexus One' phone leaked online

Nearly a dozen photos of the Google Phone, or as it's formally known as, the Nexus One, has been posted online. The photos, posted on Engadget, show that the Smartphone comes with only four buttons which are touch sensitive. The phone has a new grid icon at the bottom of the home screen, which when pressed brings up a webOS card-style preview of all home screen pages, according to the post.

US high court orders Chrysler sale appeal dismissed

The U.S. Supreme Court ordered a lower court to dismiss a legal challenge by three Indiana pension funds to the government-backed sale of bankrupt automaker Chrysler LLC to a group led by Italian carmaker Fiat SpA.

China's HiSoft, NeoPhotonics eye U.S. IPOs in 2010 -investor

A Chinese IT outsourcing company and an optical components maker are aiming to select investment banks in the next two weeks with the goal of making U.S. initial public offerings by as soon as the first half of 2010, one of their investors said on Monday.

Citi to repay U.S. government funds

Citigroup laid out a plan to repay the money it owes the U.S. government, including issuing $17 billion of stock immediately, as the bank looks to end the executive pay restrictions that came with the funds.

Nike chairman stands by Tiger Woods: report

Nike Inc Chairman and co-founder Phil Knight said the scandal surrounding Tiger Woods is part of the game in signing endorsement deals with athletes and did not back away from the athletic shoe and clothing maker's relationship with the golfer.

Malaysia PM to offer CO2 reductions in Copenhagen

Malaysia's government will offer credible cuts in its emissions of carbon dioxide at the Copenhagen climate change summit in a bid to halt global warming, Prime Minister Najib Razak told Reuters on Sunday.

Disney's Princess charms weekend moviegoers

Disney's animated The Princess and the Frog hopped over feel-good football film The Blind Side, to take the top spot in North American box office sales in its first weekend in wide release.

Protest widens against creation of new Indian state

Thousands marched in ports and towns of southern Andhra Pradesh to protest plans to carve out a new state, as a backlash grew against demands for statehood in a challenge for the Congress party-led government.

U.N. talks to resume after African protest

African nations agreed to resume U.N. climate talks in Copenhagen on Monday after a half-day suspension, accusing rich countries of trying to kill the existing Kyoto Protocol.

EU warms to Oracle-Sun deal

EU regulators signaled they could clear Oracle Corp's $7 billion takeover of Sun Microsystems Inc, after the U.S. software company promised measures to ease competition concerns.

L.A. critics honor Iraq war movie Hurt Locker

The Hurt Locker, an independent movie about a team of American bomb-disposal experts serving in Iraq, was named the year's best picture by the Los Angeles Film Critics Association on Sunday.

Weekly Market Watch - Monday, 14 December 2009

GBP: This week has a lighter slate of economic releases scheduled in the United Kingdom than the previous week. Look for the Rightmove House Price Index (last -1.6%) plus the BOE's quarterly bulletin on Monday, then CPI (1.8%Y/Y) and RPI (0.2%Y/Y) on Tuesday.

Obama to meet with bankers, decries fat cats

President Barack Obama may have some tough words on Monday for executives of top U.S. banks as he pushes them to step up small-business lending and get behind legislation to overhaul Wall Street regulations.

Twilight studio to distribute Polanski film

The Hollywood studio behind the Twilight teen franchise said on Friday it has acquired North American rights to distribute jailed director Roman Polanski's latest film, The Ghost Writer.

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