WORLD

U.S.-China summit must deliver real results - Clinton

U.S.-China relations are at a critical juncture and a summit between their leaders next week must produce real action, on real issues such as trade, climate change and North Korean nuclear proliferation, U.S. Secretary of State Hillary Clinton said on Friday.

SEBI bars Anil Ambani from stock investing

7.  Anil Ambani
The Securities and Exchange Board of India (SEBI) on Friday said billionaire Anil Ambani cannot invest in publicly-listed securities until the end of this year, and barred two of his companies from such investments until the end of 2012.

China raises bank reserves; more tightening seen

China's central bank raised lenders' required reserves on Friday for the fourth time in just over two months, stepping up the fight against inflation that it has vowed will be a top priority for the year.
More news

Hundreds protest over high prices in south Jordan

Food price protests sweeping across North Africa and the Middle East reached Jordan on Friday, when hundreds of protesters chanted slogans against Prime Minister Samir al-Rifai in the southern city of Karak.

Pope John Paul nears sainthood, to be beatified

The late Pope John Paul II moved a big step closer to Roman Catholic sainthood Friday when his successor approved a decree attributing a miracle to him and announced that he will be beatified on May 1.
IBTimes Logo

Ivory Coast strife draws in central bank

Bloody post-election deadlock in Ivory Coast washed into the halls of West Africa's central bank on Friday, where rival presidents see control of state funds as a key to victory in a battle that has cost hundreds of lives.
Italy's PM Berlusconi gestures after a final confidence vote on an austerity package at Italy's upper house of Parliament in Rome

Italy's Berlusconi in probe over teenage girl

Italian Prime Minister Silvio Berlusconi faces a prostitution investigation in Milan over a teenage nightclub dancer who attended parties at his private residence, prosecutors said on Friday.

Rescuers struggle as Brazil flood deaths top 500

Rescuers uncovered more corpses buried under mountains of mud and wrecked homes on Friday as the death toll from torrential rains and massive flooding topped 500, Brazil's deadliest natural disaster in four decades.
IBTimes Logo

Gunshots and tear gas disperse Tunis protest

Police fired tear gas grenades on Friday outside the interior ministry building in the Tunisian capital and gunshots were heard from nearby, prompting hundreds of protesters to flee, a Reuters reporter at the scene said.

Fitch may cut Tunisia rating on political concerns

Fitch Ratings on Friday put Tunisia's long-term foreign currency credit rating of BBB on watch for a potential downgrade, citing the upsurge in deadly violence in the north African nation in recent weeks.

Tunisia president flees country

The besieged president of Tunisia, Zine El Abidine Ben Ali, has fled the country, according to various media reports, amidst the worst civil disturbances the North African country has witnessed in decades.

India's Gujarat beckons investments worth $462 bln

As many as 7,936 memorandums of understanding (MoUs) were inked at the fifth edition of the two-day Vibrant Gujarat Summit 2011 in the western Indian city of Gandhinagar envisaging a whopping investment of $462 billion for Gujarat and expecting to create employment opportunities for about 5.2 million citizens.

US retail sales rose in 2010

Retail sales in the U.S. rose marginally in December as well as for the year 2010, according to a report by the U.S. Commerce Department.
Italian Prime Minister Silvio Berlusconi

Double whammy: Berlusconi in prostitution probe

Embattled Italian Prime Minister Silvio Berlusconi could face a prostitution investigation, Italian media reported on Friday, a day after a constitutional court nullified a law that would have protected the premier from trial over charges of corruption and tax fraud.

China says six-party talks key to N.Korea dispute

China said that six-party talks were more suitable than the U.N. Security Council for solving the nuclear standoff on the Korean peninsula, a senior Chinese diplomat said on Friday, days before a summit with President Barack Obama.

China's military advances challenge U.S. power - Gates

A U.S. military presence in the Pacific is essential to restrain Chinese assertiveness, Washington's defence chief said on Friday, describing China's technology advances as a challenge to U.S. forces in the region.

Australia flood clean-up starts, tough task ahead

Australia's third-largest city started cleaning up stinking mud and debris on Friday after some of the country's worst floods on record, but in a sign of the task ahead, it could take six months to pump flood waters out of Queensland's coal mines.

China defends yuan policy ahead of Hu's U.S. trip

China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.