UNITED STATES

Stock index futures signal early losses

IBTimes Logo
Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.7 percent, Dow Jones futures down 0.64 percent and Nasdaq 100 futures down 0.79 percent at 5:13 a.m. ET.

India Won’t Cut Iranian Oil Import, Says Mukherjee

Pranab Mukherjee
India, the world's fourth-largest oil consumer, will not take steps to cut petroleum imports from Iran despite U.S. and European sanctions against Tehran, finance minister Pranab Mukherjee said on Sunday during a visit to Chicago.
More news
IBTimes Logo

Asian shares, euro guarded over likely Greek debt deal

Asian shares inched down and the euro fell from its highest in more than six weeks Monday, as markets cautiously tuned in to a likely debt swap deal for Greece that is crucial to avoiding a messy default and eyed yet another European summit meeting.
IBTimes Logo

ABB near $4 billion deal for Thomas & Betts: report

Swiss engineering company ABB was near an agreement on Sunday to acquire U.S. manufacturer Thomas & Betts Corp for about $4 billion, the Wall Street Journal reported, citing people familiar with the matter.
IBTimes Logo

Gold Price Retreats from 7-Week High

Gold ticked lower Monday after earlier rising to its highest in more than seven weeks as investors awaited the outcome of Greece's debt deal talks, but sentiment was supported by a firmer euro and lower-than-expected U.S. growth data.
The logo of Swiss bank UBS can be seen outside its New York office

Regulators Weigh Action on Huge UBS Trading Loss: Report

Regulators in Britain and Switzerland may take steps against bank UBS for shortfalls in oversight that allowed an alleged rogue trader to run up a huge loss, the Wall Street Journal reported on Sunday, citing sources familiar with the matter.
Cast member Liam Neeson arrives for the premiere of the film ''The Next Three Days'' in New York

Neeson's Grey wins box office weekend

Survival story The Grey starring Liam Neeson in a battle against weather and wolves led the box office pack with a better-than-expected $20 million in ticket sales over the weekend.
IBTimes Logo

Replacement of Worn-Out Equipment Rises in Sign of Recovery

Delivery trucks wear out, computers break down, software becomes outdated -- and finally businesses have to start investing in new equipment. Companies that want to remain competitive have to start spending again as an economy slowly recovers.
IBTimes Logo

Ian Abercrombie, Mr. Pitt on Seinfeld, dies at 77

Ian Ambercrombie, the classically trained British stage actor best known to American TV audiences as Elaine Benes' nutty boss Mr. Pitt on Seinfeld, died of a heart attack Thursday in Los Angeles. He was 77.
Actress Regina King poses next to a placard for nominee Laurence Fishburne at a press preview of the 18th annual Screen Actors Guild Awards showroom in Los Angeles, California

Screen actors get their say in Oscar race

After months of talking and weeks of voting, Hollywood's actors finally name their picks for the best performances in the films and TV shows of 2011 at the annual Screen Actors Guild Awards on Sunday.
IBTimes Logo

Worn-out machines as leading indicator

Delivery trucks wear out, computers break down, software becomes outdated -- and finally businesses have to start investing in new equipment. Companies that want to remain competitive have to start spending again as an economy slowly recovers.
Visitors are reflected in window of the congress center, venue of the World Economic Forum (WEF) in Davos

Davos Elite See Euro Surviving -- for Now

On the European currency, a mood of short-term relief tinged with longer-term doubt prevails among the world's movers and shakers at this year's World Economic Forum session in the Swiss Alps.
IBTimes Logo

Union Tells U.S. Oil Refinery Workers to Prepare to Strike

The United Steelworkers union told U.S. refinery workers to prepare to offer safe and orderly refinery shutdowns before a strike that could begin as early as 12:01 a.m. Wednesday, sources familiar with the union's preparations said Sunday.
IBTimes Logo

ABB Reported Near $4B Deal for Thomas & Betts

Swiss engineering company ABB (ABBN.VX) was near an agreement Sunday to acquire U.S. manufacturer Thomas & Betts Corp (TNB.N) for about $ 4 billion, the Wall Street Journal reported, citing people familiar with the matter.
Herman Nackaerts, left, head of a delegation of the International Atomic Energy Agency, talks to journalists on his way to Iran at Vienna's international airport in Vienna January 28, 2012.

Iran Sends Mixed Signals on Threat of Europe Oil Embargo

Iran sent conflicting signals in a dispute with the West over its nuclear ambitions Sunday, vowing to stop oil exports soon to some countries but postponing a parliamentary debate on a proposed halt to such sales to the European Union.
IBTimes Logo

Gunmen Attack Police Station in Northern Nigeria

Gunmen bombed a police station Sunday outside Nigeria's second city Kano, the police and witnesses said, leading to an hour of gunbattles in a region plagued by attacks from Islamist sect Boko Haram.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.