IBT Staff Reporter

40291-40320 (out of 154943)

Mandela archives, letters and notes go online

Thousands of letters, photographs and documents relating to former South African President Nelson Mandela went online on Tuesday in a project aimed at increasing access to the archives which detail his long walk to freedom.

Analysis: Spain risks years without economic growth

Belt tightening in the board room and the living room, deep public budget cuts and anaemic bank lending may be setting Spain up for years of economic stagnation that could eventually force it to seek a bailout.

Home prices unchanged in January: S&P

Single-family home prices were unchanged in January, a closely watched survey said on Tuesday, suggesting the battered housing market continues to crawl along the bottom.

Stock futures point to flat open after rally

Stock index futures pointed to a flat open on Tuesday as investors found little reason to keep pushing shares higher after comments from Federal Reserve Chairman Ben Bernanke sparked a rally.

Lennar posts sharp rise in Q1 orders

U.S. homebuilder Lennar Corp reported its sharpest rise in orders in three quarters and said it was seeing strong signs of improvement in sales activity.

Euro crisis needs mother of all firewalls: OECD

Euro zone finance ministers need to impress finance markets with the size of their rescue fund for indebted countries when they meet later this week, the head of the OECD said on Tuesday, advocating the mother of all firewalls.

Stock futures flat after 1 percent rally

Stock index futures were flat on Monday as investors found little reason to keep pushing shares higher after comments from Federal Reserve Chairman Ben Bernanke sparked a rally.

Analysis: Dow court case pushes limit of R&D tax credit

Dow Chemical Co is challenging the U.S. Internal Revenue Service in a rare court case over expanding the research and development tax credit to cover the costs of supplies used to improve the ways existing products are made.

Euro zone debt crisis far from over: OECD

The euro zone's public debt crisis is not over despite calmer financial markets this year, the OECD said on Tuesday, with a warning that the bloc's banks remain weak, debt levels are still rising and fiscal targets are far from assured.

US Stock Index Futures Signal Further Gains

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.29 percent and Nasdaq 100 futures up 0.36 percent at 0920 GMT.

U.S. stock index futures signal further gains

Stock index futures pointed to a higher open on Wall Street on Tuesday, with futures for the S&P 500 up 0.25 percent, Dow Jones futures up 0.29 percent and Nasdaq 100 futures up 0.36 percent at 0920 GMT.

Japan's AIJ chief admits loss cover-up, apologizes

The president of Tokyo-based money manager AIJ Investment Advisors admitted to Japanese lawmakers on Tuesday to covering up losses of $1.3 billion in clients' pension money, but said he had no intention of cheating his clients.

New Sony CEO to keep charge of troubled TV operations

Sony Corp CEO Kazuo Hirai signaled his determination to turn around the group's ailing TV business by keeping direct charge of the division, as the Japanese brand fights to regain ground against rivals such as Apple.

Japan's Sharp to tie up with Taiwan's Hon Hai: Nikkei

Sharp Corp <6753.T> will announce a tie-up with Taiwan's Hon Hai Precision Industry <2317.TW> on Tuesday that would include the sale of part of its loss-making major factory in western Japan, the Nikkei business daily reported.

Hitachi says aims to cut costs 5 percent by 2015/16

Japan's Hitachi Ltd <6501.T> said on Tuesday that it aimed to cut annual operating costs by 5 percent in four years, enabling the company to invest more in its growing infrastructure and telecommunications businesses.

Exclusive: Singapore's Temasek: evolution not revolution

Temasek Holdings, the smaller but more visible of Singapore's two sovereign funds, is moving into a new phase with its investment strategy, and could look more like Blackstone Group , another $160 billion institution, which has grown from a focused private equity firm to a global asset manager.

Telenor seeks $14 billion in damages from India: report

Norway's Telenor ASA, whose India joint venture is among companies that are set to lose their telecoms licenses, has served a notice to the Indian government, claiming damages of nearly $14 billion, the Times of India reported on Tuesday.

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