CHINA

IBTimes Logo

Retailers warn euro crisis hitting consumers

The euro zone debt crisis is sapping consumer confidence and if policymakers do not take effective action soon the consequences will be felt the world over, retail executives warned on Monday.

Wall St set to rise on hopes of euro zone moves

IBTimes Logo
Wall Street stocks were set to open about 1 percent higher on Monday on hopes euro zone policymakers were putting together new measures to help ease the region's debt crisis, but the lack of clarity on their potential effectiveness was seen keeping markets volatile.

Yahoo: 'Multiple Parties' Eyeing Takeover Bids

Yahoo! Inc. co-founders Jerry Yang and David Filo celebrate the launch of the new Yahoo! Mail in Sunnyvale California
Yahoo, afloat after the abrupt sacking of CEO Carol Bartz, has received “inquiries from multiple parties” interested “in a number of potential options,” remaining top managers told employees.
More news
Traders work at their desks in front of the DAX index board at Frankfurt's stock exchange

World Stocks Slide Again on Europe Debt Fears

European stock index futures fell on Monday, following a slump in Asian shares, and the euro slid amid skepticism that Europe's latest efforts to contain its sovereign debt crisis can prevent it from wreaking more damage on the world economy.
IBTimes Logo

World stocks slide on fears Europe crisis

European stock index futures fell on Monday, following a slump in Asian shares, and the euro slid amid skepticism that Europe's latest efforts to contain its sovereign debt crisis can prevent it from wreaking more damage on the world economy.

Iran's President Arrives in Sudan to Boost Ties

Iran's President Mahmoud Ahmadinejad will arrive in Sudan late on Sunday for talks expected to focus on boosting political and economic ties between the two allies, Sudanese officials said.
IBTimes Logo

IMF urges ECB to play bigger crisis-fighting role

European policymakers, stung by criticism for failing to stem the euro zone debt crisis, face the tough task of quickly stopping fallout from Greece's near-bankruptcy from spreading into the world economy.
Jeb Corliss

Daredevil Jeb Corliss Flies Through a Mountain [PHOTOS AND VIDEO]

Stuntman Jeb Corliss successfully completed a high-risk wingsuit dive through a 100-ft. wide arch in China's Tienman Mountain on Saturday.Corliss jumped from a helicopter 6,000 feet above the ground, and raced through the air at high speed towards a perilously narrow gap in the mountain. An expectant crowd gasped and cheered as the 35-year old made it through with room to spare.An earlier attempt was aborted after the smoke canisters on his wingsuit malfunctioned. The suit allows him ...
U.S. and Global Economies

G-20: Globalization's Two-Edged Sword

Even as G-20 leaders grapple with the global financial crisis, a larger, over-arching concern is limiting GDP growth in the U.S., and, to a lesser degree, in other developed economies and, by extension, decreasing the capacity of the these nations to counteract the crisis: inadequate wage growth.
IBTimes Logo

G20, IMF/World Bank meetings in Washington

The following are highlights of comments by finance ministers and central bankers in Washington this week for meetings of the Group of 20 and the semiannual meetings of the International Monetary Fund and World Bank.
IBTimes Logo

Europe to decide on EFSF by next G20: China's Zhu

The European Union will make a clear decision about boosting the capital of the European Financial Stability Fund before the next Group of 20 finance ministers meeting in mid-October, said Chinese Deputy Minister of Finance Zhu Guangyao.
IBTimes Logo

Bill Gates backs financial transaction tax to aid poor

A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.
IBTimes Logo

Gates backs financial transaction tax to aid poor

A report by Microsoft founder Bill Gates to Group of 20 ministers on Friday proposes raising new funding for poorer countries by taxing financial transactions, tobacco, and shipping and aviation fuels, according to details of a G20 report obtained by Reuters.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.