UNITED STATES

Did Rating Agencies Err While Downgrading India’s Credit Outlook?

Rupee
President Barack Obama's weekend statement on Indian economic slowdown and recent downgrading of the country's sovereign credit ratings by the global rating agencies has evoked strong criticism from India. The Indian government and a section of authorities have blamed the global rating agencies and foreign investors for misjudging the Indian economy and deliberately trying to downgrade India's image.
IBTimes Logo

US Officials Accuse Hezbollah In Bulgaria Terror Bombing

U.S. officials said Thursday the suicide bomber responsible for a deadly attack on Israeli vacationers in Bulgaria was a member of a Hezbollah cell that was operating in the country and looking for such targets, backing Israel’s assertions.
More news
Police

UK Murder Rates Drop to 30-Year Low, But Why?

According to the latest figures released Thursday, the murder rate in the UK fell by 14 percent year-on-year to 550 homicides in 2011-12; the lowest it's been since 1983. Violent crime in England and Wales also fell by 7 percent, while robberies declined by 2 percent. Overall crime rates against adults remained at the same as they have been for the last three years.
Google Inc vice president Marissa Mayer unveils Google Instant in San Francisco

Yahoo’s Mayer: Making First Moves At Turnaround

Now three days into running Yahoo (Nasdaq: YHOO), the No. 3 search engine, CEO Marissa Mayer has already telegraphed that change is coming. She appointed the first editors for Yahoo News and Yahoo Finance, two of the company’s most popular portals.
IMF and U.S.

IMF Urges UK To Jumpstart Economy

Britain risks permanent damage to its economy if the government does not adopt fiscal stimulus measures to reverse the country's recession, the International Monetary Fund (IMF) warned Thursday as it pressed for a reduction in the country's deficits to jumpstart its ailing economy.
IBTimes Logo

Honda Recalls More Than 300k 2012 CR-V, 2013 Acura ILX Cars Globally

Honda Motor Company (NYSE: HMC) is recalling 166,609 model year 2012 CR-V and 12013 Acura ILX vehicles in the U.S., a number which could swell to as many as 321,453 vehicles globally, according to Automotive News Thursday. Honda declined to comment on the price of the fix.
Nokia CEO Stephen Elop

Nokia’s Challenge: Can It Wait for Windows 8?

Investors are betting that Finland’s Nokia (NYSE: NOK) can survive the smartphone wars, now that it’s gambled on Windows from Microsoft (Nasdaq: MSFT), the world's biggest software company.
Syria's President Bashar al-Assad

Syria: Where Can Assad Go?

As Damascus and other parts of Syria convulse in clashes and violence, one must wonder where Assad is and where can he go should he be able to flee the country.
Grum Spambot Shut Down: Massive Botnet Created 18 Percent Of World's Spam Email

Grum Spambot Shut Down: Massive Botnet Created 18 Percent Of World's Spam Email

The Grum botnet, which experts believe is responsible for about 18 percent of the world's spam email traffic, has been shut down, according to security company FireEye, based in Milpitas, Calif. According to M86Security, Grum was responsible for roughly 17.4 percent of the worldwide spam email traffic, which made it officially the third largest active botnet in the world, after Cutwail and Lethic, respectively. In January 2012, however, Grum became the No. 1 spam botnet in the world, accounti...
IBTimes Logo

Markets Cheer Walgreen For Express Scripts Deal

Large U.S. drugstore chain Walgreen Co. (NYSE: WAG) announced Thursday it would be renewing its contract with Express Scripts Holding Co. (NASDAQ: ESRX), to provide customers of that pharmaceutical claims manager with prescription drugs at Walgreens retail stores.
Abortion rates higher in countries with stricter anti-abortion laws

New State Laws Make Getting Abortions Tougher In U.S.: Report

A New York-based advocacy group found that nearly 40 laws enacted across 15 states this year have the potential to restrict women's access to reproductive health care, nearly 40 years after the U.S. Supreme Court's decision in Roe v. Wade made the controversial procedure legal.
Assad poster protest

Report: Assad Has Fled To His Alawite Homeland

In an echo from the final weeks of Saddam Hussein's reign in Iraq in 2003, Syrian President Bashar al Assad has reportedly retreated to his tribal homeland as rebels advance on Damascus.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.