IBT Staff Reporter

120691-120720 (out of 154953)

Harmony Gold, DRDGOLD settle with ArcelorMittal

Shares in ArcelorMittal recovered on the news and were trading 0.87% down at R115 by 1217 GMT, after falling as much as 4%. ArcelorMittal in May won an appeal against a record fine of R691.8 million ($92.29 million) imposed on the company in September 2007 for charging excessively for flat steel products and preventing customers from selling on steel.

Intel restructures after executive departs

Intel Corp, the world's largest chipmaker, said on Monday it was restructuring its business to consolidate all of its major product divisions into a new Intel Architecture Group, and appointed Sean Maloney and Dadi Perlmutter as its leaders.

Lowering Cholesterol Naturally

The Wellness Advisor spoke with Dr. Alex Tan to get his advice about Lowering Cholesterol Naturally. Dr. Tan is a naturopathic medical doctor (ND)

Alternative Natural Health

Did you know that there are natural approaches for coping with some common health conditions? As we mature, many of us are looking for natural solutions to help maintain our overall wellness. Maintain Heart Health Naturally

New Opel to invest 170 million euro in Russia: Magna

The new Opel formed when Canadian automotive group Magna (MGa.TO) and its Russian partners take over the carmaker plans to invest 170 million euros ($247.5 million) in operations in Russia, Magna co-Chief Executive Siegfried Wolf said on Monday.

Calpine shuts California Pastoria natgas plant

Calpine Corp shut the 724-megawatt Pastoria natural gas-fired power station in California for planned reasons by Sunday afternoon, the California Independent System Operator said in a report.

Renault eyes auto sector rebound from 2010-paper

Renault (RENA.PA) has yet to emerge from the global economic crisis, although the auto sector should see a gradual rebound from 2010, the French car maker's chief operating officer, Patrick Pelata, told French newspaper La tribune on Monday.

EU urged to scrutinize German Opel aid

Britain and Belgium on Monday urged the European Commission to ensure the takeover of carmaker Opel did not favor German workers because of 4.5 billion euros ($6.55 billion) in promised aid from Berlin.

Goldman raises price targets on European auto makers

Goldman Sachs raised its price targets on several European auto makers, saying the sector can continue to outperform, helped by potential positive 2010 earnings surprises that could come from an increase in sector consolidation.

Struggling NBC takes the Leno leap

So far, so impressive. After only a handful of fall premieres, broadcasters already have two reasons to celebrate: Fox's Glee and the CW's The Vampire Diaries debuted to strong numbers last week, suggesting that perhaps the coming weeks won't be a repeat of last fall's disappointing returns.

Ricky Gervais' Lying is hilarious, to be honest

The first half-hour of The Invention of Lying, co-directed and co-written by Ricky Gervais and Matthew Robinson, is so sharply fresh, clever and laugh-out-loud hilarious that you can't help but wonder how they'll sustain it for another hour.

Showbiz kids bring talent to Toronto

Call it Toronto: Next Gen. This year's crop of Toronto films feature a high number of features directed by the progenies of famous directors and other high profile parents.

Tom Ford fashions a poignant gay drama

Designer Tom Ford makes a surprisingly successful leap from the fashion industry to the big screen with A Single Man, a standout directing debut about a gay college professor who loses his longtime partner.

Constellation NY Ginna reactor shut

NEW YORK - Constellation Energy Group Inc's 498-megawatt Ginna nuclear power station in New York shut by early Monday from full power early Friday, the U.S. Nuclear Regulatory Commission said in a report.

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