Satellite phones aren't as clunky as they once were, and technology has made them more powerful. Yet so far few have made the business work
IBT Staff Reporter
Dec 11, 2010
Precious metals fell across the board in the week to December 10 as a cooling China weighed on demand hopes but the yellow metal remained better alternative in the group amid lingering worries over the euro-zone debt and dollar's ability to play safe-haven.
Boby Michael
Dec 11, 2010
An Irish delegation led by former prime minister John Bruton has travelled to the Middle East, gauging the interest of Arab investors, including sovereign wealth funds, in buying some troubled Irish banks, as the Dublin government seeks foreign investors for financial investment.
Palash Ghosh
Dec 10, 2010
European bankers will be subject to limits on bonus payments they receive starting next year. Meanwhile, in Ireland, politicians are seeking to impose a 90 percent “super-tax” on bank bonuses
Palash Ghosh
Dec 10, 2010
India and the European Union announced a breakthrough in their free trade talks on Friday. European Commission President Jose Manuel Barroso said the free trade agreement (FTA) could be signed in 2011, after a meeting with Indian Prime Minister Manmohan Singh at the 11th EU-India summit in Brussels.
Jijo Jacob
Dec 10, 2010
China on Thursday expressed its support for Russia’s bid to become a member of the World Trade Organization (WTO).
Shankar besta
Dec 09, 2010
Fifty percent of cash register receipts and most dollar bills tested in a new study are coated with large quantities of toxic chemical Bisphenol A, or BPA, says a study.
IBT Staff Reporter
Dec 09, 2010
In a conference on Wednesday in mid-town Manhattan, The Korea Trade-Investment Promotion Agency (KOTRA) presented reasons why South Korea makes for an attractive investment candidate for foreigners.
Palash Ghosh
Dec 08, 2010
A war is now raging in Europe. On one side are the forces of the corporate state led by Germany and France; on the other are the forces of free-market capitalism led by Britain.
Palash Ghosh
Dec 08, 2010
China was the subject of most number of anti-dumping investigations in the first half of the year, and products exported from China attracted the highest number of anti-dumping measures by other countries, the World Trade Organization (WTO) has said in a report.
Jijo Jacob
Dec 08, 2010
The Irish government has presented what is likely the toughest austerity budget in its history, comprising spending cuts of 6-billion euros ($8-billion) and an increase in taxes, in addition to other measures already outlines last month in the so-called “National Recovery Plan.”
Palash Ghosh
Dec 07, 2010
Olli Rehn said the European Union will conduct a second round of stress test for banks in February 2011.
Hao Li
Dec 07, 2010
The euro currency might not survive the current sovereign debt crisis and may be in danger of collapse, according to Stephen Nickell, an economist at the independent Office of Budget Responsibility (OBR) member and former Bank of England member.
Palash Ghosh
Dec 07, 2010
Emerging East Asian economies will grow more than forecast this year but growth will slow in the region next year, the Asian Development Bank (ADB) said on Tuesday.
Shankar besta
Dec 07, 2010
The United States is expected to see weak employment prospects though employers expect the modest hiring pace to continue in the first three months of the year, a survey reported.
IBT Staff Reporter
Dec 07, 2010
While Europe (and much of the developed world) continues to reel from high unemployment in the wake of the global economic recession, at least one small, peaceful corner of the continent continues to enjoy very low jobless rates.
Palash Ghosh
Dec 06, 2010
The International Monetary Fund (IMF) is urging the European Union (EU) to expand the size of its rescue fund in the wake of weakening market performance in the euro zone’s peripheral members.
Palash Ghosh
Dec 06, 2010
The crisis-hit peripheral countries have more of a 'solvency problem' than a liquidity problem and their public finances cannot be brought to order without leading to a deep and prolonged recession, as long as they are part of the eurozone, analysts have said.
Jijo Jacob
Dec 06, 2010
Football fans needs not worry about securing visas ahead of the 2018 World Cup in Russia as Moscow is planning to scrap the requirement all together for match ticket-holders as well as footballers from the European Union.
IBT Staff Reporter
Dec 04, 2010
After irking the FOSS community by attempting to muscle control over open-source projects like Java, MySQL, OpenOffice and Solaris, Oracle is back again and is eyeing Hudson project, much to the dismay of open-sources.
IBT Staff Reporter
Dec 03, 2010
Whistle-blower website Wikileaks struck its first blow, as German vice-chancellor Guido Westerwelle sacked his office manager on charges of spying for the United States. Helmut Metzner has reportedly admitted to have given regular information to the US embassy in Berlin.
IBT Staff Reporter
Dec 03, 2010
Eurozone retail sales rose unexpectedly in October for the first time in three months, showing an improvement in household demand.
Shankar besta
Dec 03, 2010