AUSTRALIA

Lochte Beats Phelps

Lochte breaks record, Magnussen ends wait

Ryan Lochte became the first swimmer to break a long course world record since controversial polyurethane swimsuits were banned last year while James Magnussen ended a far longer Australian wait at the world championships Thursday.
More news
Back into Form

Phelps makes statement one year out from London

Relief was etched all across Michael Phelps' face Wednesday after the American won his first gold medal of the world swimming championships in Shanghai, one year to the day before he begins his final Olympics campaign.
Stormtroopers marching in Japan

UK man wins fight to make "Stormtrooper" helmets

A British prop designer who makes replicas of the menacing Stormtrooper helmets featured in Star Wars films won a legal battle Wednesday against director George Lucas, who took him to the High Court in 2008 over copyright infringement.
Kickstart founders Charles Adler, Perry Chen, Yancey Strickler(l to r) are seen in this hondout photo.

Kickstarter making noise with crowd-funding

Perry Chen was working in the New Orleans' music industry when he faced a cash-crunch during the city's JazzFest. He wanted to bring a European musician to perform at the festival but couldn't raise the money. A decade later, other artists are now reaping the benefits of Chen's brainstorm: online fundraising site Kickstarter.
Kronberger 61

New Planetary Nebula Discovered [PHOTO]

The soccer-ball shaped puff of interstellar gas was discovered by an amateur astronomer, in what is said to be one of the best looks at a planetary nubula, which are created by the last breaths of a dying star, Wired reported.
IBTimes Logo

Fund managers line up defensive options

Fund managers are weighing up their defensive investment options as a litany of poor economic indicators from the UK, Europe and the United States hammers home fears another global recession is on its way.
The 6df Galaxy Survey data, each dot is a galaxy and Earth is at the centre of the sphere.

How to Measure Galaxy's Distance From Earth?

The speed and direction of a distant galaxy can be easily measured by analyzing light coming from the galaxy. But to determine the galaxy's distance from Earth was much more difficult.
IBTimes Logo

Dollar falls, gold rises with no US debt progress

Asian stocks and the U.S. dollar fell on Wednesday while gold hit a record high at more than $1,623 an ounce, as a drip feed of news out of Washington indicated politicians were making little progress on a plan to lift the U.S. debt ceiling.
A gold bar carrying the Euro sign

Gold flat after hitting record

Gold held steady on Tuesday after the last session's record high, as investors stayed on the sidelines, watching the stalemate in Washington's budget talks to avert a ratings downgrade or default.
IBTimes Logo

GE fails to sell railcar unit again: sources

General Electric Co has ended the auction of its roughly $3 billion railcar leasing business, making it the second time in three years the conglomerate has tried unsuccessfully to do so, sources familiar with the matter said on Tuesday.
Mine workers emerge from the pithead at the Harmony Gold mine in Carletonville, west of Johannesburg,

South African strikes to spread to gold sector

South African gold miners will this week join thousands of workers seeking pay rises in widening nationwide strikes, threatening to hurt exports from Africa's largest economy at a time when bullion is at record highs.
Lochte wins 200 freestyle, big showdown looms

Lochte wins 200 freestyle, big showdown looms

Ryan Lochte's victory in the mens' 200 meters freestyle at the world swimming championships Tuesday not only allowed him to emerge from compatriot Michael Phelps's shadow but could set up a mouthwatering 'Race of the Century - Part Two' at next year's London Olympics.
Gold steady below record; debt talks eyed

Gold steady below record; debt talks eyed

Gold held steady below its record high on Tuesday as investors waited to see if President Barack Obama's appeal for lawmakers to break a deadlock in U.S. debt talks would succeed, while the euro zone debt crisis lent support.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.