The political crisis has pushed Yemen to the brink of civil war has also cost the economy $ 5 billion and the country requires immediate aid to prevent a meltdown, the country's trade minister said on Saturday.
IBT Staff Reporter
May 29, 2011
Influential hedge fund manager David Einhorn wants Microsoft CEO Steve Ballmer to step down and he has good reasons for that call.
IBT Staff Reporter
May 27, 2011
Daily deal site Groupon is being threatened by Google Wallet and Google Offers, services that combine coupons and discounts and payments at the time people buy things through their phone.
Surojit Chatterjee
May 27, 2011
Sony says PS4 development is underway and the next console won't have an initial overhead investment like PS3.
IBT Staff Reporter
May 27, 2011
Shares of software giant Microsoft leaped up on Thursday amid reports that a group of investors, led by influential hedge fund manager David Einhorn, want CEO Steve Ballmer to quit.
Surojit Chatterjee
May 27, 2011
Barclays Capital said NetApp Inc. (NASDAQ: NTAP) seems poised to outline a compelling story at its June 30 annual meeting in New York. The brokerage reiterated its overweight rating on shares of NetApp with a price target of $67.
Balasubramanyam Seshan
May 27, 2011
Libya's government has pushed for a ceasefire, saying for the first time it is prepared to talk to the rebel adversary.
IBT Staff Reporter
May 27, 2011
The top after-market NASDAQ Stock Market gainers are: Advanced Analogic Technologies, SeaChange International, rue21, Marvell Technology Group, and Saba Software. The top after-market NASDAQ Stock Market losers are: Gordmans Stores, Blue Coat Systems, OmniVision Technologies, THQ, and China Techfaith Wireless Communication Technology.
Balasubramanyam Seshan
May 27, 2011
General Motors will create 110 jobs and invest $331 million to purchase tooling and equipment and expand the Arlington Assembly Plant to make future Chevrolet Tahoes, Suburbans, GMC Yukons and Cadillac Escalades, the carmaker said on Thursday.
IBT Staff Reporter
May 27, 2011
Gold futures advanced on Friday as deepening concern over Greece debt default spurred demand for the metal as a safe haven investment.
Satya Nagendra Padala
May 27, 2011
Legendary investor Marc Faber is worried about the vast riches of the financial elites while the middle class and lower class struggle.
Hao Li
May 26, 2011
Members of the House Judiciary Committee said they were skeptical that AT&T's planned acquisition of T-Mobile would benefit consumers, and that they feared it would mean higher prices for wireless service.
IBT Staff Reporter
May 26, 2011
Sommelier Arnie Millan put together a helpful guide for navigating futures season
Ellen Killoran
May 26, 2011
Exlusively.In, the flash sale site for high Indian fashion, is expanding into the UK market
Ellen Killoran
May 26, 2011
RBC Capital Markets said the goals are unclear as Martha Stewart Living Omnimedia Inc. (NYSE: MSO) cleaned management house, while hiring an investment bank to explore strategic partnerships.
Balasubramanyam Seshan
May 26, 2011
The top pre-market NASDAQ Stock Market gainers are: USA Technologies, NetApp, Sequenom, Level 3 Communications, and Akamai Technologies. The top pre-market NASDAQ Stock Market losers are: Elbit Imaging, Rigel Pharmaceuticals, Complete Genomics, CoStar Group, and Shire.
Balasubramanyam Seshan
May 26, 2011
Gold prices may continue to stay at high levels in the coming months as investors seek the metal as a safe haven investment on concerns about faster inflation, slowing global economic recovery and geopolitical crisis, according to China National Gold Group Corporation (CNGGC).
Satya Nagendra Padala
May 26, 2011
Keiko Fujimori, Right-wing lawmaker has overtaken leftist Ollanta Humala in the opinion polls in recent weeks by survey firm Datum and may reflect the same in Peru's June 5 presidential runoff.
IBT Staff Reporter
May 26, 2011
Software giant Microsoft should replace Steve Ballmer as its Chief Executive, Greenlight Capital Inc. President David Einhorn said at the Ira Sohn Investment Conference in New York.
Manikandan Raman
May 26, 2011
Crude oil futures gained to above $101 a barrel level in Europe trade on Thursday as increased fuel demand in the U.S. and weaker dollar buoyed sentiment.
Satya Nagendra Padala
May 26, 2011
The overall trend of the market is often times much more powerful than a short-term change in a technical reading.
Palash Ghosh
May 25, 2011
Southeast Asia is rapidly becoming one of the world’s most powerful economic juggernauts, driven by fast growth and strong monetary policies by local central banks.
Palash Ghosh
May 25, 2011