IBT Staff Reporter

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8 Great Spots To Watch Sunset In Australasia

Sunsets are one of the most fascinating light displays that Mother Nature has to offer. The colours of the sky and the landscape can change dramatically with the sun casting its bright light in a different angle.

Court rejects appeal on Cablevision network DVR

The U.S. Supreme Court said on Monday it rejected an appeal by film studios and television networks of a ruling allowing a new digital video recorder service by New York cable operator Cablevision Systems Corp.The justices refused to review a ruling by a U.S. Court of Appeals in New York that Cablevision's proposed new service would not directly infringe the copyrights of the media companies that...

Comcast rolls out wireless Web for consumers

Comcast Corp, the largest U.S. cable operator, said on Monday it is introducing a wireless service for subscribers to access the Web beyond their homes anywhere within the United States.The so-called fourth-generation (4G) wireless service, is the first execution of a partnership between Comcast, Clearwire Corp and other companies that use the emerging WiMax high-speed mobile technology.Many consu...

Comcast rolls out wireless Web

Comcast Corp, the largest U.S. cable operator, said on Monday it is introducing a wireless service for subscribers to access the Web beyond their homes anywhere within the United States.The so-called fourth-generation (4G) wireless service, is the first execution of a partnership between Comcast, Clearwire Corp and other companies that use the emerging WiMax high-speed mobile technology.Many consu...

Official forecasts possible H1N1 fatality in China

China is very likely to have a regional outbreak of the A (H1N1) influenza and its first death from the virus in the foreseeable future, as the number of the flu cases rises in the country, a Chinese health ministry official said on Monday.

Ahmadinejad wants probe of suspicious Neda death

President Mahmoud Ahmadinejad has called for a judicial probe into the suspicious death of a young Iranian woman who has become an icon of opposition protests against a disputed election which he officially won.

Centenarians show it's never too late to tweet

Celebrities and hip adults aren't the only people flocking to Twitter, the social-networking site. Even centenarians have learned to tweet.Three percent of U.S. centenarians questioned in a new survey said they use the service that allows users to send short text messages, or tweets, of up to 140 characters at least once a week to keep in touch with their friends and family.Another 10 percent sen...

Apple says CEO Steve Jobs back at work

Apple Inc Chief Executive Steve Jobs is back to work following a near six-month medical leave, the company said on Monday.Steve is back to work, a company spokesman said.

EU Chamber asks China to reconsider Internet filter

The European Union Chamber of Commerce in China urged Beijing to reconsider implementing a controversial Internet filter, saying on Monday it raised serious concerns about security, privacy and user choice.The EU Chamber said it supported measures to protect children from potentially harmful content on the Internet, but this goal could be better achieved through a healthy and open dialogue on pare...

Recovery frail but stimulus exit must be timely

Unprecedented attempts to stimulate economic growth may fail to bring a sustained recovery, yet withdrawing them too late could be even more risky, leading central bankers said on Monday.Regional currencies would gain in importance, they also said after two days of talks. But the U.S. dollar still had no serious rival in playing a lead role in foreign reserves and trade settlement, according to th...

Madoff sentenced to 150 years in prison

Disgraced financier Bernard Madoff was sentenced to 150 years in prison on Monday for perpetrating the biggest and most brazen investment fraud in Wall Street history.The courtroom erupted in cheers and applause as U.S. District Court Judge Denny Chin imposed the maximum possible prison sentence on the 71-year-old defendant.Madoff stood facing the judge with his hands clasped in front of him as he...

Maria Belen Chapur issues first public words

The Argentinean woman who had an affair with South Carolina governor spoke about who she thinks hacked her e-mail account and made all the intimate e-mails the pair exchanged public.

Madoff gets maximum sentence for fraud

A federal judge sentenced Bernard Madoff to 150 years in prison on Monday in a fraud of billions of dollars against victims over a period of ten years, according to Reuters.

Credit card industry to remain lucrative: study

The credit card industry will continue to provide one of the most lucrative returns of the asset classes within banks' portfolios even after new U.S. credit card rules are put in place, analysts at Keefe, Bruyette and Woods said.Congress is mulling regulations on interchange rates -- fees retailers and merchants have to pay to banks that issue credit cards. The legislation would give merchants an...

Madoff: 'I made a terrible mistake'

Bernard Madoff, 71, spoke before a judge on Monday, stating he believes he made a terrible mistake in defrauding investors of billions of dollars, as a judge is set to soon impose a sentence which may put him in prison for the rest of his life.

Oil and economy optimism lift stocks

Stocks rose on Monday as higher oil prices boosted energy shares, and signs of life in the global economy and overseas markets renewed investor optimism on the prospects of a recovery.Oil futures jumped almost 3 percent after Nigerian militants said they attacked a Royal Dutch Shell facility and the U.S. government said oil demand in April was revised upward from a previous estimate...

Jackson tops British album chart

Michael Jackson's greatest hits album Number Ones became Britain's top-selling album this week, after his death on Thursday spurred interest in his back catalogue, lifting five albums into the top 20.

Nestle restates 2009 guidance, sees H2 growth

Nestle, the world's biggest food group, reiterated on Monday its target for 2009 organic sales growth at least approaching 5 percent although it said performance would be weighted to the second half.

UK's Brown focuses on public services in final push

British Prime Minister Gordon Brown will focus on housing, health and education on Monday when he sets out plans for the final few months of his government before an election that could end Labour's long grip on power.

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