UNITED STATES

IBTimes Logo

Senate Democrats push to open healthcare debate

Democratic leaders in the U.S. Senate said on Tuesday they hope to bring a long-delayed healthcare bill to the floor next week, kicking off a tough fight that may well spill into next year.
More news
IBTimes Logo

Fed officials cautious on economic recovery

Federal Reserve officials on Tuesday struck a cautious note on the U.S. economy, citing high unemployment, heavy reliance on government support and commercial real estate woes as hurdles to recovery.
IBTimes Logo

The fight over the future of food

At first glance, Giuseppe Oglio's farm near Milan looks like it's suffering from neglect. Weeds run rampant amid the rice fields and clover grows unchecked around his millet crop.
IBTimes Logo

Dollar off 15-month low as market pauses for breath

The dollar bounced off a 15-month low on Tuesday and the euro dipped below $1.50 as investors paused to assess whether the global outlook justifies a recent rally in higher-yielding currencies and assets.
IBTimes Logo

AIG likely to be able to repay government: Moody's

Insurance giant AIG has made progress on its restructuring and will likely be able to repay a taxpayer bailout and buy back much of the government's stake in the company, Moody's Investors Service said on Monday.
IBTimes Logo

WTO's Lamy says U.S. slowing Doha talks: report

The U.S. is slow in reaching a negotiating position in the Doha round trade liberalization talks, the World Trade Organisation's Director General said in an Italian business daily on Tuesday.
IBTimes Logo

Geithner to Japan: spend more, export less

U.S. Treasury Secretary Timothy Geithner on Tuesday told his Japanese counterpart that a commitment by Tokyo to rely less on exports and more on domestic consumption to power growth will benefit the global economy.
IBTimes Logo

Fed's Yellen sees risks to U.S. recovery

The U.S. economic recovery still faces many hurdles, including a persistently weak labor market and strained household budgets, Janet Yellen, President of the Federal Reserve Bank of San Francisco, said on Tuesday.
IBTimes Logo

Fed's Yellen says strength of recovery in question

The U.S. economic recovery still faces many hurdles, including a persistently weak labor market and strained household budgets, Janet Yellen, President of the Federal Reserve Bank of San Francisco, said on Tuesday.
IBTimes Logo

China's Alibaba profit hit as it bets on expansion

Alibaba.com, China's largest e-commerce company, reported its worst profit in three quarters after betting on acquisitions and product development to tap the region's early recovery from the global downturn.
IBTimes Logo

Sen Dodd proposes financial stability agency

A government financial stability agency would be created under a draft financial regulation reform bill from U.S. Senate Banking Committee Chairman Christopher Dodd obtained by Reuters on Tuesday.
IBTimes Logo

China Minsheng's US bank loss to have limited impact

China Minsheng Banking Corp, which is raising up to $4 billion through a public offering of shares in Hong Kong, said on Tuesday that its failed investment in U.S. lender UCBH Holdings Inc will have a limited impact on its business.
IBTimes Logo

EU objects to Sun-Oracle deal

The European Commission has objected to Oracle Corp's acquisition of computer maker Sun Microsystems Inc , throwing the $7 billion deal into question.

Pages

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.