CHINA

Hologic To Buy Gen-Probe For $3.7B, Gen-Probe Shares Soar

Hologic
Medical device maker Hologic Inc. said Monday it would acquire diagnostic test maker Gen-Probe Inc. for about $3.7 billion in cash to expand its molecular diagnostic business, international presence and cross-selling opportunities.
More news
Asian Shares

Asian Stocks Rise On Strong US Earnings

Asian stock markets advanced Monday as investors shrugged off weaker-than-expected US economic growth and focused on a string of strong corporate earnings.
People walk past the U.S. embassy in Beijing April 28, 2012.

U.S.-China Dialogue Won't Be Delayed By The Chen Affair: Report

U.S. Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner are not planning to postpone their visit to China next week because of the reported American protection of a Chinese civil-rights activist who recently escaped house arrest, a State Department official said Saturday.
Military Parade in Pyongyang

North Korea?s Nuclear Test: Satellite Image Shows Work In Progress

An analysis of the latest satellite images of North Korea's nuclear test site appears to show that frantic activities involving a chain of mining carts are underway, amid rumors that the reclusive Asian nation may be planning to conduct a nuclear test, following its failed rocket launch April 13.
Chernobyl

Chernobyl Disaster: Top 10 Worst Nuclear Disasters

On the 26th anniversary of the Chernobyl disaster, Ukraine launched the construction of a new and improved shelter to permanently secure the traumatized plant. The project, which is expected to cost contributors around 1.5 billion euros, is intended to repair the damage from an explosion that occurred during testing at the power plant in the early hours of April 26, 1986.
File photo of a Chinese 100 yuan banknote being placed under a $100 banknote in this photo illustration taken in Beijing

China Sets Record High Ceiling For Yuan

China's central bank expanded the yuan's reference rate against the dollar to another record high on Friday, in a nod to calls from the U.S. to loosen growth restrictions on the currency's value.
China Real Estate

Mixed Data On Chinese Cos Intensifies Monetary Policy Guesses

A headscratcher of a report on Chinese industrial profits intensified speculation about just what exactly central bankers in that country will come up with next as the note, by the National Bureau of Statistics (NBS), revealed data that both supporters and detractors of monetary easing in the world's second-largest economy will find justifies their rationale.
Ayatollah Ali Khamenei

Iran: A Modern Day 'Nazi Germany'?

Some top Israeli officials have repeatedly compared the current regime in Tehran to Nazi Germany and Adolph Hitler?s program of exterminating the Jews.
Ford Motor Company CEO Alan Mulally

Ford Earnings Stall In 1Q On Poor Global Performance

Ford Motor Company (NYSE: F), the second-largest U.S. carmaker, said Friday profit fell 20.5 percent, missing analysts' predictions, on lower European sales, plunging South American profit and a drop in Ford Credit profit.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.