CHINA

Iran Crisis

State of the Union Address 2012: Summary of Obama's Speech

President Obama delivered his 2012 State of the Union Address on Tuesday night, making a bid for 2012 reelection. In a sweeping speech, the President touched upon issues like taxes, the economy, manufacturing and keeping the American dream alive. Though the current State of the Union is quite shaky, Obama highlighted the progress being made and attempted to solidify a sturdy campaign base.

Brent Crude Oil Falls Below $100 on Recession Fears

Brent crude slipped below $110 on Wednesday as recession fears, partly rekindled by stalled Greek debt talks, weighed on the outlook for demand, while threats by Iran to respond to European sanctions by shutting a vital trade route supported prices.
More news
State of the Union 2012

State of the Union 2012: Obama Focuses on Jobs, Economic Fairness

President Barack Obama Tuesday used his 2012 state of the union address to the American people and Congress to propose initiatives to create jobs, help companies increase their U.S.-based operations, and help Americans learn the skills they need to succeed in the modern/postmodern global economy.
IBTimes Logo

Apple's revenue surges, blows away targets

Apple Inc's quarterly results blew past Wall Street's expectations as U.S. consumers snapped up near-record numbers of iPhones and iPads, sending its shares up 8 percent.
A sculpture showing the Euro currency sign is seen in front of the ECB headquarters in Frankfurt

Europe Poses Global Recession Threat: IMF

Europe's debt crisis could tip the world economy into recession and a bigger firewall is urgently needed to keep the damage from spreading, the International Monetary Fund said on Tuesday.
IBTimes Logo

Hit from dollar on McDonald's 2012 menu

McDonald's Corp's strong December sales and fourth-quarter earnings failed to allay fears that exchange rates and increased spending will weaken profits in 2012.
Effie Trinket

'Hunger Games' Movie Launches Fashion Blog 'Capitol Couture' [PHOTOS]

Capitol Couture, Lionsgate's viral marketing site for the Hunger Games movie, is now live on Tumblr. The site features a fashion blog as well as several new stills and sneak peeks from the upcoming film (check them out here). But for fashion lovers and Hunger Games fans, the best is still to come: Capitol Couture is launching a fashion competition among viewers to become a District Stylist. Click through our slideshow for some of the first glimpses of the C...
Oyu Tolgoi Mine in Mongolia

Rio Tinto Becomes Majority Owner of Oyu Tolgoi

Global miner Rio Tinto has raised its stake in Canada's Ivanhoe Mines, owner of Mongolia's massive Oyu Tolgoi copper-gold project, to a majority holding but said on Tuesday it had no current plans to buy more shares.
IBTimes Logo

IMF slashes world growth outlook as euro zone weighs

The euro zone debt crisis is escalating and dragging down the world economy, the International Monetary Fund said on Tuesday, as it sharply cut its outlook for global growth and called for policies to restore confidence.
IBTimes Logo

About one in five workers worldwide telecommute: poll

About one in five workers around the globe, particularly employees in the Middle East, Latin America and Asia, telecommute frequently and nearly 10 percent work from home every day, according to a new Ipsos/Reuters poll.
ConocoPhillips

ConocoPhillips Refining Dampens Company's Earnings

ConocoPhillips, the third largest energy company in the U.S., is expected to post higher fourth-quarter earnings as soaring crude oil prices offset big losses anticipated in the company's refining operations.
Coach

Coach gets lift from male shoppers, beats Street

Upscale leather goods maker Coach Inc posted higher-than-expected earnings and sales for the holiday quarter, helped by its growing favor with male shoppers, and its shares rose more than 6 percent.
IBTimes Logo

Nikkei Near 3-Month High

Japan's Nikkei average hit its highest level in nearly three months Tuesday on hopes that a Greek debt deal will still be reached even after European finance ministers rejected an offer by Greece's private creditors.
IBTimes Logo

World needs 600 million new jobs in next decade: ILO

The International Labour Organization sounded the alarm on the global jobs situation in its annual report on Monday and called for more coordination of fiscal policies, repair and regulation of the financial sector and support for the real economy.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.