UNITED STATES

IBTimes Logo

Euro eases as stock rally runs out of steam

Asian shares fell and the euro slipped on Thursday as short covering rallies ran out of steam, but some analysts said global markets may have finally found support after a heavy selloff in May.

France's Lagarde on stress tests, europe, deficits

IBTimes Logo
I believe markets and investors in particular are uncertain and have doubts or questions about European banks and that has been a wave in the last 4-6 weeks. The sooner European banks can on a coordinated basis ... publish results -- and I'm talking results of stress tests -- the better.
IBTimes Logo

Dollar funding rate edges up, Spanish banks eyed

Dollar borrowing rates inched up on Thursday, nearing highs seen earlier this month, and bellwether U.S. 2-year swap spreads widened as investors remained concerned about funding problems faced by some Spanish banks.
More news
IBTimes Logo

iPhone 4 sets record sale pace despite gaffe

Sales of Apple Inc's latest iPhone blew away expectations in its first day on the market despite shortages and an embarrassing online ordering glitch that thwarted many shoppers.
IBTimes Logo

Calpers asking California for more money

The board of Calpers, the biggest U.S. public pension fund, voted on Wednesday to ask California's government for an additional $600 million in funding to bolster its finances.
IBTimes Logo

Wall Street bill likely to preserve Fed independence

After suffering sustained criticism of its role in the financial crisis, the Federal Reserve looked set on Wednesday to emerge from an overhaul of financial regulations with its jealously guarded independence intact.
IBTimes Logo

Doubts cast on male menopause criteria

For many middle-aged and elderly men, low libido, depressed mood and a lack of energy may just be the signs of normal aging -- and not low testosterone levels.
IBTimes Logo

United and Continental grilled on merger in House

Top executives of United Airlines and Continental Airlines sparred with irritated lawmakers on Wednesday over their merger plan, drawing a threat for closer industry regulation if the deal is approved.
IBTimes Logo

In U.S., 15 percent lack health insurance: survey

The survey by the U.S. Centers for Disease Control and Prevention showed a stable pattern over recent years of Americans without health insurance -- numbers used as the basis for battles over healthcare and health insurance reform.
IBTimes Logo

SEC said to end probe of AIG and executives

Market regulators have closed an investigation of American International Group and some of its executives over losses at the bailed-out insurance giant, two sources with knowledge of the matter said on Wednesday.
IBTimes Logo

Nintendo sees life yet in the Wii

Nintendo Co Ltd, confident that its Wii will stand up against rivals Microsoft Corp and Sony Corp, says it feels no pressure to reinvent the pioneering motion-sensing games platform.
IBTimes Logo

Sprint plans range of embedded devices for holidays

Sprint Nextel Corp hopes win new customers using devices other than cellphones with new wirelessly-connected gadgets coming on the market starting later this year, an executive for the company said on Wednesday.
IBTimes Logo

Wall Street bill preserves Fed's independence

After suffering sustained criticism of its role in the financial crisis, the Federal Reserve emerged on Wednesday from an overhaul of financial regulations with its jealously guarded independence intact.
IBTimes Logo

Australian Dollar Outlook 17/6/2010

The Australian dollar appears to be finding some support around the USD0.8600 level as investor concerns over the European debt crisis ease a little.
IBTimes Logo

Daily forex forecast 17/6/2010

The Australian Dollar spent the majority of local trade yesterday above the 0.8600 cents mark as risk appetite returned to the market with high yielders the main benefactor.
IBTimes Logo

Instant View: BP cuts dividend; to sell assets

Oil giant BP said it would cut four quarters of dividends, significantly reduce its investment program and sell $10 billion of assets to fund a planned $20 billion fund to pay for its Gulf of Mexico oil spill.
IBTimes Logo

BP cuts dividend and capex to pay for oil spill

Oil giant BP said it would not pay three quarters of dividends, significantly reduce its investment program and sell $10 billion of assets to fund a planned $20 billion fund to pay for its Gulf of Mexico oil spill.
IBTimes Logo

Gulf drilling halt starts to sting companies

The moratorium on deepwater drilling in the Gulf of Mexico has begun to bite oilfield service companies, with market analysts now forecasting lower than expected spending on new projects in the region and pressure on drilling stocks.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.