UNITED KINGDOM

IBTimes Logo

Wall Street slides on Greek referendum call

Stocks tumbled 2 percent on Tuesday after a surprise proposal that Greeks should vote on a EU bailout plan threatened to upend weeks of painstaking negotiations and unleash the region's sovereign debt crisis with renewed force.

Barclays Kenya reaps from cost cuts, prudent lending

A worker carries out maintenance in a branch of Barclays bank in London
Barclays Bank of Kenya said on Tuesday its pretax profit increased 26 percent to 8.87 billion shillings in the nine months ended September, driven higher by the benefits of cost-cutting and sharply reduced bad loan provisions.
More news
North American pollution causes wheat production in Europe

Cyber Attacks on Chemical and Defense Industries Traced Back to Man in China

Multiple Fortune 100 companies were the victims of a coordinated series of cyber attacks dubbed Nitro, says security firm Symantec Corp. At least 48 firms - all of which are involved in the chemical and defense industries - were subject to the attack, which has been traced back to a computer system owned by a man in his twenties working out of northern China.
IBTimes Logo

New cyber attack targets chemical firms

At least 48 chemical and defense companies were victims of a coordinated cyber attack that has been traced to a man in China, according to a new report from security firm Symantec Corp.
IBTimes Logo

Crude Oil Prices Fall More Than $2

Oil prices fell more than $2 per barrel on Tuesday as the outlook for global growth darkened with renewed crisis in the euro zone and data suggesting economic activity in key economies was slowing more quickly than expected.
Growth in China’s manufacturing sector had dropped in October 2011, to 50.4 from 51.2 in September 2011.

Chinese Manufacturing Down in October

China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
A supervisor inspects as employees make electronic parts at a factory in Suining

China PMI in Surprise Fall to Lowest Point Since 2009

China's big manufacturers ran at their slowest pace in October since early 2009, purchasing managers' data shows, though signs of a bounce-back at smaller firms and a sharp fall in factory-gate prices suggest no swift change to interest rates.
IBTimes Logo

UNESCO Admits Palestine, and U.S. Freezes Funds

The United States announced to stop financial contribution to United Nations Educational, Scientific and Cultural Organisation after the UN body voted to admit Palestine as its full member, which the Obama administration termed as regrettable and premature.
Department of Homeland Security (DHS) researchers use advanced modeling and simulation equipment as they work on the DHS Control Systems Security Program (CSSP) in this handout photo taken April 28, 2010 at the Idaho National Laboratory in Idaho Falls, Id

World Conference Seeks Cooperation on Cyberspace Threats

Ministers, tech executives and Internet activists from around the world gather in London on Tuesday to discuss how to tackle security threats and crime on the Internet without stifling economic opportunities or freedom of speech.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.