IBT Staff Reporter

152911-152940 (out of 154954)

One of World's Largest Diamonds Sold for $12M

One of the world's largest diamonds, the 603-carat “Lesotho Promise Diamond,” was sold on Monday for $12.36 million, announced Gem Diamonds, the former owners of the diamond.

Remote Workers Engage in Risky Online Behavior

Most employees working away from the office say they are aware of security risks surrounding them and their data, however a new report released on Monday indicates they still engage in risky online behavior.

Airbus CEO Resigns, Successor Named

Following more than 3 months at the helm of the embattled Airbus jet-making division of parent company EADS, the division's CEO, Christian Streiff resigned on Monday. The EADS board announced that his replacement would be Louis Gallois, the current Co-CEO of the company.

Microsoft Vista, Office on Track: Analyst

The world's largest software maker, Microsoft Corp., released a more matured version the pre-release version to its Windows Vista operating system on Friday, prompting some experts to restate their confidence that the anticipated software will not face further delays.

YouTube Acquisition May Be Positive: Analyst

The Wall Street Journal reported this Friday that search leader Google is in active talks to acquire online video site, YouTube, for $1.6 billion; a move some analyst believe is in Google's best interests.

WTO Urges Further Reforms in Kyrgyzstan

The Kyrgyz Republic has made impressive progress since its economic and political transition to a market-based economy, but some continued reform remains important, the WTO Secretariat reported on Monday.

Sony Introduces HD Surgery Equipment

Sony Electronics introduced high-definition technology for medical surgery on Monday, rolling out equipment allowing practitioners to see details of patients at never-before resolutions.

India PM Suggests Flexible Labor Laws

Indian Prime Minister Manmohan Singh said on Friday his government is focusing on boosting economic growth by creating a broad consensus with trade unions and political parties.

Dell to Hire Customer Support Employees

Dell announced that it is looking to hire more employees for its Ottawa customer service center on Friday, as well as create additional training programs for its existing employees.

Air Canada Traffic Drops in Sept.

Air Canada flew 0.4 percent fewer revenue passenger miles in September this year compared to the same period last year. Revenue passenger miles are defined as the number of available seats sold.

Wal-Mart Drug Rollout Four Months Early

Wal-Mart said Thursday it will implement its $4 generic prescription program in Florida tomorrow. The rollout comes four months earlier than originally planned.

Intel Unlikely to Acquire Nvidia Corp.

Nvidia Corp. shares surged more than 8 percent on Wednesday amid speculation that the graphics firm may be acquired by Intel Corp, however experts said on Thursday that a sale would be irrational.

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