UNITED KINGDOM

NASA Logo

Star Collision Could Account for Christmas Burst (VIDEO)

A burst of energy that lit up the sky Christmas Day 2010 has been explained as one of two possible star collision theories, scientists revealed in the journal Nature. A 28-minute long gamma-ray burst was recorded that day by NASA's Swift observatory. Now, two papers from Nature attempt to explain the explosion using two models of star collisions, one within our galaxy and one billions of light years away.

France's Sarkozy to outline euro crisis stance

IBTimes Logo
President Nicolas Sarkozy will endeavor to warm the nation to giving Brussels more control over national budgets on Thursday as the euro zone crisis pushes France towards recession, squeezes its banks and threatens its AAA credit rating.
More news
The sign of Deutsche Telekom headquarters is pictured in Bonn

AT&T, Deutsche Telekom battling for merger: sources

AT&T Inc and T-Mobile USA's parent company Deutsche Telekom AG are still battling to save their $39 billion merger and are not in talks about a network-sharing alternative, people familiar with the matter said on Thursday.
IBTimes Logo

EU faces compliance deadline in Airbus spat with U.S.

A dispute over government aid for aircraft rivals Airbus and Boeing Co enters a delicate stage on Thursday as Europe faces a deadline to tell the United States how it is eliminating billions of dollars in subsidies struck down by the World Trade Organization.
IBTimes Logo

Stock futures signal lower open

Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.2 percent at 4:37 a.m. ET.
Ariab Gold Mine in Sudan

Gold Prices Rise Four Days in a Row, Hit Two-Week High

Gold prices climbed to a nearly two-week high Thursday, along with other risky assets, after the world's richest central banks jointly pledged to make it easier for the Eurozone's acutely stressed banks to obtain funding.
European Central Bank President Draghi arrives at a Eurogroup meeting at the European Union council headquarters in Brussels

ECB Signals Readiness to Act to Save Euro

The new head of the European Central Bank signaled Thursday it was ready to take stronger action to fight Europe's debt crisis if political leaders agree next week on much tighter budget controls in the 17-nation euro zone.
IBTimes Logo

U.S. Stock Futures Signal Lower Open

Stock index futures pointed to a weaker open on Wall Street on Thursday, with futures for the S&P 500 down 0.5 percent, Dow Jones futures down 0.4 percent and Nasdaq 100 futures down 0.2 percent at 4:37 a.m. ET.
IBTimes Logo

Asia's factories stall; China urges stimulus

The world economy faces a worse situation than in 2008 and stimulating growth is the top priority, a Chinese official said on Thursday, as data showed slumping export demand stalled manufacturing in some of Asia's biggest economies.
IBTimes Logo

EU faces deadline Thursday in Airbus spat with U.S.

A dispute over government aid for aircraft rivals Airbus and Boeing enters a delicate stage on Thursday as Europe faces a deadline to tell the United States how it is eliminating billions of dollars in subsidies struck down by the World Trade Organization.
IBTimes Logo

Olympus Ex-CEO Woodford Campaigns to Oust Board

The former chief executive of Japan's disgraced Olympus Corp, Michael Woodford, launched a campaign on Thursday to oust the board of directors, reclaim his old job and install his own team to save the firm from a big accounting scandal.
IBTimes Logo

Olympus whistleblower Woodford quits board

The whistleblower in the accounting scandal engulfing Japan's Olympus Corp, ex-CEO Michael Woodford, quit the firm's board of directors on Thursday and called for an urgent shareholder meeting to replace its disgraced top brass.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.