IBT Staff Reporter

A pearly white robot that looks a little like E.T. boosted a man out of bed, chatted and helped prepare his breakfast with its deft hands in Tokyo on Tuesday, in a further sign robots are becoming more like their human inventors.

Nov 27, 2007

Pakistan's General Pervez Musharraf said farewell to military colleagues on Tuesday as he prepared to become a civilian president ahead of January's general election.

Nov 27, 2007

President George W. Bush told Israeli and Palestinian leaders gathered for a Middle East conference on Tuesday that the time was right to work toward peace but cautioned the path would be difficult.

Nov 27, 2007

Citigroup Inc is selling up to 4.9 percent of itself for $7.5 billion to the Gulf Arab emirate of Abu Dhabi, giving the largest U.S. bank fresh capital as it wrestles with the subprime mortgage crisis and the resignation of its chief executive. The capital injection will shore up Citi's balance sheet, which has been hurt by some $6.8 billion of writedowns and losses in the third quarter, and the potential for another $11 billion in the fourth quarter.

Nov 27, 2007

A security flaw in Apple Inc's Quicktime media software can be taken advantage of by malicious programs, according to security researchers, making applications like iTunes that depend on the standard open to hacker attacks.

Nov 27, 2007

The Bombay Stock Exchange (BSE) benchmark 30-share sensitivity index, the Sensex, began the new week on a positive note ending up strongly 395 points at 19,248.

Nov 27, 2007

Tata Motors, a group company of India's leading tea-to-truck business conglomerate is reportedly ahead in the race to acquire ailing U.S. automaker Ford Motor Co.'s British luxury car brands Land Rover and Jaguar which was put up for sale earlier this year.

Nov 27, 2007

GlaxoSmithKline Plc Monday reached an agreement with Merck for the acquisition of marketing rights for Mecavor in the United States.

Nov 27, 2007

Crude oil declined for a second day in New York as sliding U.S. equity markets heightened speculation OPEC (Organization of the Petroleum Exporting Countries) will increase output to cap prices and reinforce global demand.

Nov 27, 2007

Funds rose, driving 10-year note incomes to the lowest level since March 2004, as concern that subprime losses continue to extend a decrease in stocks and increased the request of fixed-income assets.

Nov 27, 2007

Oil fell on Tuesday on expectations that OPEC may increase output and following a decline in global stock markets. U.S. oil fell dropped 80 cents to $96.90 a barrel by 11:09 p.m. EST, after shedding more than $1.00 earlier. London Brent crude fell by 61 cents to $94.71 a barrel.

Nov 27, 2007

Nintendo may face tough competition this holiday shopping season, but not from any of its competitors.

Nov 26, 2007

Emerging markets and the need for more storage helped push server revenue higher in the third quarter, with market leader Hewlett Packard retaining the lead.

Nov 26, 2007

Gold prices rose to a two-week high on Monday following investor concerns over the dipping dollar, soaring oil prices and speculation over further US interest cuts.

Nov 26, 2007

Virtual citizens may one day use their bodies and brainwaves, not their keyboards, to move their cyber identities in online worlds, Japanese technology researchers hope.

Nov 26, 2007

Leading U.S. retailer Wal-Mart said Monday it is nearly tripling the number of its online sales this year, offering deals for the entire week entire week.

Nov 26, 2007

Sony Corp said Monday that the lighter, slimmer new version of its Playstation Portable game player reached 1 million in sales in Japan in two months, beating the original model’s pace by two weeks.

Nov 26, 2007

The hit a two year low against the yen and hovered near record lows against the euro on Monday as financial services firms continued to warn about the slowing economy and lower expectations, raising the chance that the Federal Reserve may but interest rates.

Nov 26, 2007

U.S stocks declined on Monday after turbulent Monday trading as financial sector woes deflated holiday sentiment entering the post Thanksgiving week. The Dow Jones Industrial Average plunged 237.44 points, or 1.83 percent, to close at 12,743.44, while the tech-heavy Nasdaq Composite Index was down 55.61 points, or 2.14 percent, at 2,540.99.

Nov 26, 2007

Merrill Lynch & Co Inc Co-President Greg Fleming told employees on Monday he has tremendous confidence in the company's long-term prospects and said the company's strategy is fundamentally sound. Our core businesses continue to perform well, our strategy is fundamentally sound and our incomparable global footprint and capabilities position us to take advantage of market opportunities around the world, he said.

Nov 26, 2007

US stocks were nearly flat in Mid-day trading on Monday, recovering after earlier losses following continued concerns over a weakening credit market and a worsening subprime mortgage situation.

Nov 26, 2007

Crude oil futures fell on Monday amid expectations that oil cartel OPEC could decide to boost supply at next week.

Nov 26, 2007

Japanese heavy machinery maker IHI said on Monday it would sell property in Tokyo to Dai-ichi Mutual Life Insurance Co, posting an extraordinary gain of 77 billion yen ($710 million) this business year.

Nov 26, 2007

European planemaker Airbus wore two masks in China on Monday -- the joy of landing what could be its biggest ever aircraft order by volume, contrasted with growing despair over the plunging value of the dollar.

Nov 26, 2007

A former top legal executive at Samsung Group on Monday made fresh accusations against the country's largest conglomerate, saying it had used subsidiaries to help create a 200 billion won ($215.8 million) slush fund.

Nov 26, 2007

Softbank Corp, Japan's smallest cellphone operator, aims to raise the number of its third-generation base stations to more than 50,000 next year, President Masayoshi Son told a group of reporters on Monday.

Nov 26, 2007

Sumco Corp, the world's second-biggest silicon wafer maker, said on Monday its profit slipped in the nine months to Oct. 31 on strong sales of wafers used to make microchips, but it kept its full-year forecast.

Nov 26, 2007

Prospective buyers of online brokerage E*Trade Financial Corp are haggling over the value of its weakening mortgage portfolio, the Wall Street Journal reported Monday in its online edition, citing sources familiar with the matter.

Nov 26, 2007

Citigroup, the No. 1 U.S. bank by assets, is planning major job cuts over the coming months, CNBC television reported on Monday.

Nov 26, 2007