General Electric Co topped Wall Street's profit and revenue forecasts for the first quarter, helped by strong demand for energy equipment and railroad locomotives.
Joseph Lazzaro
Apr 20, 2012
The European Union will formalize a suspension of sanctions against Myanmar next Monday, allowing for major easing on restrictions against the country over the next year.
IBT Staff Reporter
Apr 19, 2012
A month after Apple started selling its 4G-ready third generation iPad in 10 countries, including the US, 12 new countries have been added to the list, with 9 more to follow next week.
Kukil Bora
Apr 17, 2012
Apple’s new iPad has been available in the United States and Europe for over a month now, but the device has yet to expand globally. The Cupertino-based company is looking to change that, announcing that the next generation tablet will make its debut in 21 additional countries starting on April 20th.
Lisa Eadicicco
Apr 16, 2012
KKR & Co. L.P. (NYSE: KKR), a global private equity company, plans to list precision engineering components manufacturer MMI International on the Singapore Exchange, reported the Dow Jones Newswires, citing three people familiar with the matter, as financial market conditions stabilize on the island nation.
Hao Li
Apr 16, 2012
With the election of Suu Kyi into Myanmar's parliament, some Rohingya are optimistically cautious.
Palash Ghosh
Apr 13, 2012
Stocks rose on Wednesday, bouncing back after five days of sharp losses that pushed the S&P 500 and the Nasdaq below their key technical levels.
IBT Staff Reporter
Apr 11, 2012
India has withdrawn its tsunami warning from earlier today, which was issued following the massive earthquake which rocked the region measuring 8.6 on the Richter scale in Indonesia this afternoon India Standard Time (IST), reported the Press Trust of India.
Jacob Kleinman
Apr 11, 2012
Wall Street was set to bounce back at the open on Wednesday after five days of losses on the S&P 500 that brought the benchmark index down more than 4 percent.
IBT Staff Reporter
Apr 11, 2012
Stock index futures bounced back on Wednesday after five days of losses on the S&P 500 that brought the benchmark index down more than 4 percent.
IBT Staff Reporter
Apr 11, 2012
An 8.7 magnitude earthquake struck right off the waters of Indonesia on April 11, 2012. The large quake could be felt in Singapore, Thailand and India, striking fear in thousands of people. Fear of a tsunami striking is due to the 2004 earthquake that hit Indonesia. Take a look at photos of the devastation that the 2004 earthquake and tsunami caused to the Aceh province in Indonesia.
Amanda Remling
Apr 11, 2012
On Wednesday an 8.7 magnitude earthquake struck right off the waters of Indonesia. The huge quake could be felt in Singapore, Thailand and India. In 2004, a 9.1 magnitude earthquake struck Indonesia, setting off a tsunami. Over 226,000 people in Sri Lanka, Thailand, Indonesia, India and nine other countries were killed, reports CNBC. The latest earthquake has set fears of a Tsunami in residents.
Amanda Remling
Apr 11, 2012
Japan's core machinery orders rose in February against all expectations, indicating that the country’s economy is in the path of recovery in spite of deflationary pressures, a strengthening currency and decreasing foreign demand.
Bhaskar Prasad
Apr 11, 2012
A geophysicist with the US Geological Survey has said it was unlikely that a tsunami would be generated given that this type of earthquake that largely involved the horizontal movement of the earth's blocks, does not produce a column of water that could cause a tsunami.
Kukil Bora
Apr 11, 2012
Not 24 hours after Sony announced it would slash about 10,000 jobs -- about six percent of its global workforce -- by the end of the year, the Japanese electronics maker announced on Tuesday that it has again doubled its annual net loss to a record $6.4 billion.
Dave Smith
Apr 10, 2012
British customers of Pizza Hut are privy to a delicious option for their pizza: a hot dog-stuffed crust!
Anila Alexander
Apr 10, 2012
Take a look at Princess Rajasuda's cremation ceremony held on Monday.
ambrosia sabrina
Apr 10, 2012
Sony will cut about 10,000 jobs, which equates to about six percent of its global workforce, by the end of the year. The move comes after an extremely poor annual forecast and the hiring of a new CEO, Kazuo Hirai, who looks to get profit out of the red for the first time in four years.
Dave Smith
Apr 09, 2012
Consumer electronics and entertainment giant Sony is letting go 10,000 employees, a sixth of its total workforce, in an effort to concentrate resources on core business and bring the company back to black.
Bhaskar Prasad
Apr 09, 2012
The Russian government criticized the United States for it so-called unjustified decision to sentence alleged international arms dealer, Viktor Bout, to 25 years in prison. The Kremlin has vowed to bring the Russian national, known in the United States as the Merchant of Death, back to his home country.
Michael Billera
Apr 06, 2012
Russia will take all necessary efforts to get its citizen returned to his native country, the foreign ministry said. Bout, dubbed the Merchant of Death and basis for the movie Lord of War, was sentenced Thursday to 25 years in prison.
Joseph Boris
Apr 06, 2012
The 45-year-old Russian was busted in a 2008 sting in Thailand in which undercover informants working for U.S. authorities posed as members of the Colombian rebel group FARC. Bout insists he was a legitimate businessman just trying to sell airplanes, not weapons.
Dan Rivoli
Apr 05, 2012