IBT Staff Reporter

118801-118830 (out of 154954)

More tax cases vs wealthy, U.S. banks: U.S. prosecutor

The U.S. government is stepping up prosecutions of wealthy individuals dodging taxes through off-shore accounts, with new cases expected to be made public every couple of weeks, a top government attorney said on Saturday.

G20 faces credibility test on markets

The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.

EU's Barroso concerned about G20 climate progress

European Commission President Jose Manuel Barroso expressed concern on Friday that the G20 countries were not moving fast enough to help achieve a United Nations agreement on fighting climate change.

Peru Camisea consortium to auction gas in October

The consortium that operates Peru's massive natural gas field at Camisea is expected to launch an auction in October to sell fuel to the local market, the country's vice minister of energy said on Friday.

Chrysler's board meets, workers rally near Detroit

The Chrysler Group LLC board of directors met on Friday to discuss Chief Executive Sergio Marchionne's plan for revamping the automaker's product line-up at a time of sagging sales, a person with direct knowledge of the plans said.

Toyota raises world '09/10 sales f'cast 3 pct -media

Toyota Motor Corp, has raised its global sales forecast for the year to March 2010 by 3 percent to 6.7 million cars, the Tokyo Shimbun daily reported on Saturday, in the latest sign of a nascent recovery in auto demand.

Marriott Announces Big Cutbacks

Marriott International Inc. announced Wednesday that it will stop building new timeshare and luxury-vacation projects and write down the value of the projects it already has under construction by $760 million.

Twin car bomb attacks kill 16 in NW Pakistan

Two car-bomb blasts killed at least 16 people in northwestern Pakistan on Saturday, evidence militants still have power to strike despite the death of a top Taliban commander last month.

G20 faces credibility test on markets, climate

The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.

Swedish car maker could pull out of Saab deal: report

Swedish luxury car maker Koenigsegg Group could pull out of its planned purchase of Saab Automobile from General Motors unless steps to secure loans are in place by Wednesday, a part owner told a newspaper on Saturday.

Koenigsegg could pull out of Saab deal

Koenigsegg Group could pull out of its planned purchase of Saab Automobile from General Motors unless certain milestones are reached in the coming days, a major owner told a newspaper on Saturday.

Upbeat G20 faces credibility test on markets, climate

The Group of 20 rich and developing economies, fresh from a triumphant show of unity at Pittsburgh, faces months of deal-making and communication to markets that will test its credibility as the premier global forum for economic cooperation.

Toyota raises world '09/10 sales forecast: report

Toyota Motor Corp , has raised its global sales forecast for the year to March 2010 by 3 percent to 6.7 million cars, the Tokyo Shimbun daily reported on Saturday, in the latest sign of a nascent recovery in auto demand.

U.S. consumers say spending habits changed for good

A majority of U.S. consumers say they have permanently changed their spending and savings habits in response to the global financial markets crash and recession, according to a Citigroup survey released on Friday.

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