IBT Staff Reporter

113491-113520 (out of 154953)

Asian IPO fatigue hits India, elsewhere

An ache has hit the belly of investors who feasted on initial public offerings in Asia, in a sign the primary equity window that saw a big revival two quarters ago is beginning to quickly shut.

Merkel, Obama agree to liaise on Opel, Germany says

German Chancellor Angela Merkel has agreed with U.S. President Barack Obama to coordinate on the future of Opel after General Motors'surprise decision to keep the unit, a German government spokesman said on Thursday.

JAL to brief on route, flight changes

Japan Airlines Corp, which is seeking a state bailout, said it would hold a briefing on changes to its route and flight frequency plans on Thursday at 2 a.m. EST.

CVS Caremark posts higher profit, narrows outlook

CVS Caremark Corp posted a bigger-than-expected jump in quarterly profit on Thursday as consumers filled more prescriptions and said this year's profit should come in towards the higher end of its forecast.

Productivity data, Cisco lift stocks

U.S. stocks rallied on Thursday as business productivity grew at the fastest pace in six years and applications for jobless insurance fell to a 10-month low, and Cisco Systems Inc gave an extra boost to the market after posting upbeat results.

Agrium raises bid for CF; investors not impressed

Canada's Agrium Inc sweetened its hostile bid for U.S. rival CF Industries to $4.52 billion, the latest twist in a three-way takeover battle, but the offer failed to impress CF's investors and the company's shares fell 8.4 percent.

Italy convicts former CIA agents in rendition trial

An Italian judge sentenced 23 Americans to up to eight years in prison on Wednesday for the abduction of a Muslim cleric, in a symbolic condemnation of the CIA rendition flights used by the former U.S. government.

Senate panel approves Democratic climate bill

The U.S. Senate Environment and Public Works Committee on Thursday approved a Democratic climate change bill that would require industry to cut emissions of carbon dioxide and other greenhouse gases 20 percent by 2020 from 2005 levels.

Democrats wrestle with abortion on health bill

Democrats in the House of Representatives scrambled on Wednesday to iron out lingering concerns over abortion in a healthcare reform bill that was headed to a close and potentially historic weekend debate.

Obsessed Thatcher warned French of rampant Kohl

British Prime Minister Margaret Thatcher warned France's ambassador months before German's 1990 reunification of a domineering Chancellor Helmut Kohl who sees himself as the master, diplomatic notes revealed Thursday.

Abbas says will not seek reelection: officials

Palestinian President Mahmoud Abbas said on Thursday he would not seek re-election in a vote planned for January, citing stalemate in peace talks with Israel, but Palestinian officials urged him to change his mind

ECB takes first step towards exit, more due in Dec

The European Central Bank took its first step toward unwinding its extraordinary support measures for the euro zone economy on Thursday by signaling one-year loans to banks will not be repeated next year.

U.N. pulls out foreign staff from Afghanistan

The United Nations said on Thursday it would evacuate hundreds of its international staff from Afghanistan for several weeks due to deteriorating security, a sharp blow for Western efforts to stabilize the country.

Hoyer expect House to pass healthcare bill

U.S. House of Representatives Democratic leader Steny Hoyer on Thursday said he expects the House to pass a sweeping healthcare overhaul on Saturday, but acknowledged that the vote would be close.

U.S. states, counties struggle to deliver H1N1 shots

States and counties will be struggling to vaccinate people against the swine flu pandemic well into December and January -- long after the first peak of the virus in the United States, officials said on Wednesday.

U.S. spends most, but health quality lags

Americans are more likely than people in 10 other countries to have trouble getting medical treatment because of insurance restrictions or cost, an international survey of primary care doctors released on Wednesday found.

Martin, Baldwin to ratchet up the funny at Oscars

Steve Martin and Alec Baldwin were chosen as co-hosts of next year's Oscars to inject a fresh comedic twist into the ceremony while building on decades of tradition, new co-producer Adam Shankman said.

China should halve CO2 emissions by 2050: U.S

China should roughly halve its greenhouse gas emissions by 2050 to keep the world on a safe climate path, the head of the U.S. delegation at U.N. climate talks in Barcelona said on Thursday.

Robert De Niro movie a Fine mess

There isn't much that's fine in Everybody's Fine, an embarrassing misfire for Kirk Jones, who once gave us the exhilarating comedy Waking Ned Devine, and for Miramax, a storied company now reduced to little more than a film library.

Sundance expands outside Utah for one night

Sundance Film Festival organizers on Wednesday unveiled plans for a one-night expansion of January's event to theaters in eight U.S. cities, hoping to encourage a discussion about the role art and cinema play in people's lives.

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