IBT Staff Reporter

149311-149340 (out of 154954)

SAP to unveil Web-delivered software

SAP AG will unveil on Wednesday a line of business management programs to be delivered over the Web, becoming the first major software company to make a big bet on software as a service.

Cyber-bullying crackdown unveiled

The new government measures in the U.K. aim to protect pupils and teachers from abusive text messages, phone calls and emails and offensive or violent video clips posted on the Internet.

New mortgage measure could help borrowers compare

Consumers could benefit from a new way to compare the cost of home loans. A dynamic annual rate (DAR) could bring greater transparency to the costs of servicing a mortgage, according to research published by the Council of Mortgage Lenders (CML).

Dollar remains near recent lows

The dollar rose marginally from a 15-year low against a basket of currencies on Friday, as investors debated whether the U.S. currency's decline has gone too far, too fast.

Hackers control PCs while users unaware

A few weeks ago Candace Locklear's office computer quietly started sending out dozens of instant messages with photos attached that were infected with malicious software.

Buyers souring on $8 billion buyout of Harman: report

The private equity buyers of Harman International Industries Inc are balking at completing the $8 billion purchase of the audio-equipment maker, the Wall Street Journal reported in its online edition on Friday, citing people familiar with the matter.

House prices to drop much lower: Greenspan

A big overhang of property will bring U.S. house prices down further, but it is too early to say if the economy will plunge into recession, former Federal Reserve chief Alan Greenspan was quoted as saying on Friday.

Mattel apologizes to China for toy recalls

The world's largest toy maker, Mattel Inc, apologized on Friday for damaging China's reputation after recent massive recalls of its Chinese-made toys, admitting it targeted some goods that were actually up to scratch.

Pfizer looks to spin off cream of Japan lab

Pfizer Inc, the world's largest drug maker, said on Friday it is in talks with investors about spinning off its Japanese research and development laboratory, albeit as a much smaller organization.

Listed companies to issue over 30b yuan corporate bonds

Statistics show that listed companies plan to issue more than 30 billion yuan (US 3.99 billion) corporate bonds, which permitted by the China Securities Regulatory Commission (CSRC) on August 14, the Shanghai Securities News reported today.

Oil settles at new record above $83

Crude oil continued its march to new records on Thursday, settling above $83 on a plunging dollar and concerns about a storm in the Gulf of Mexico.

Al-Zawahri No.1 Al-Qaeda leader: Report

The world should not watch out for dreaded terrorist outfit Al-Qaeda's leader Osama Bin Laden but should concentrate on capturing his deputy Ayman al-Zawahri, the Sunday Telegraph has reported.

Stocks Retreat After 2 Day Rally

U.S. stocks fell for the first time in three days as a weakened dollar and higher oil prices kindled fresh concern about inflation.

Gold hits another 27-year high on weak dollar, lower rates

Investors continued to flock to Gold on Thursday sending it to another 27-year high on Thursday amid expectations of continuing lower U.S. interest rates brought on by a tough credit market and a weak outlook for the slumping U.S. dollar.

Commodities Rise on Dollar Declines

The dollar sank to its lowest levels against the euro since Europe adopted the currency, and came to parity with the Canadian currency on Thursday.

Dollar spirals to all-time low vs. Euro

The dollar continued on its downward spiral on Tuesday, falling to an all-time low against the euro and briefly reaching parity with the Canadian dollar for the first time in almost 30 years.

S.Africa unions back Zuma in ANC leadership race

South Africa's most powerful labor group endorsed Jacob Zuma as the next leader of the ruling African National Congress on Thursday, aiming to nudge him into the presidency and the country towards socialism.

Goldman tops views, Bear falls short amid turmoil

Two Wall Street investment banks had dramatically different success in weathering summer market turbulence as results at Goldman Sachs Group Inc easily exceeded expectations, while those at Bear Stearns Cos Inc fell far short.

Carlyle to sell 7.5 percent stake to Abu Dhabi firm

Private equity firm Carlyle Group said on Thursday it is selling a 7.5 percent stake to an Abu Dhabi investment arm for $1.35 billion in a deal that values the Washington-based buyout company at $20 billion.

Fed, Treasury open to easing loan constraints

Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson told Congress on Thursday they are open to letting Fannie Mae and Freddie Mac buy more troubled home loans if the companies control risk and agree to tougher oversight. Both had previously resisted letting the two mortgage finance companies expand their presence in the mortgage market

Robots turn off senior citizens in aging Japan

Ifbot, the resident robot at a Japanese nursing home, can converse, sing, express emotions and give trivia quizzes to seniors to help with their mental agility. Yet the pale-green gizmo has spent much of the past two years languishing in a corner alone.

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