IBT Staff Reporter

41281-41310 (out of 154943)

Dunkin' aims at China with pork donuts, LeBron James

Pork donuts may not be palatable to Americans or Europeans, but the parent company of Dunkin' Donuts and the Baskin-Robbins ice cream chains is catering to local tastes in China, where it aims to open another 100 stores in the next two to three years.

Shareholders to sue Tepco executives for $67 billion

Shareholders of Tokyo Electric Power Co Inc, operator of the crippled Fukushima nuclear plant in northeast Japan, are suing the utility's executives for a record 5.5 trillion yen ($67.4 billion) in compensation, lawyers said.

Euro zone retail sales post surprise rise

Euro zone shoppers increased spending in January, a surprise after four months of falls but economists said a quarterly reading that smoothes over the data still showed a large decline.

EU moves closer to quotas for women on boards

The European Commission moved one step closer on Monday to forcing companies to increase the number of women on their boards with a consultation on imposed quotas that could prove divisive among some member states and industry bodies.

Stock futures decline on global economy concerns

Stock index futures fell on Monday after data showed Europe's private sector activity declined last month and China cut its growth target, reigniting concerns about the strength of the global economy.

EU's Barroso says sure Spain will honor commitments

European Commission President Jose Manuel Barroso said on Monday he was confident Spain would fulfill its EU budget discipline commitments despite setting itself a softer 2012 deficit target than originally planned.

Exclusive: India MRPL plans cut in Iran oil imports: sources

Iran's biggest Indian oil client, Mangalore Refinery and Petrochemicals Ltd , plans to cut its annual import deal with Tehran by as much as 44 percent to 80,000 barrels per day in 2012/13, two sources said, as western sanctions make trade more difficult.

BP boosted by oil spill settlement

Shares in BP rose over 2 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.

China cuts growth target to 8-year low, to boost consumption

Chinese Premier Wen Jiabao cut his nation's 2012 growth target to an eight-year low of 7.5 percent and made boosting consumer demand the year's first priority as Beijing looks to wean the economy off its reliance on external demand and foreign capital.

Glencore says Xstrata deal fair for all investors

Commodities trader Glencore , which has agreed to a $37 billion takeover of miner Xstrata , said on Monday the deal was fair for all shareholders at current levels, brushing aside hopes of a hint the offer could be sweetened.

BP seen boosted by oil spill settlement

Shares in BP are expected to rise 5-9 percent on Monday after the oil giant reached a settlement with businesses and individuals impacted by the Gulf of Mexico oil spill worth an estimated $7.8 billion.

China domestic security spending rises to $111 billion

China will increase spending on police, militia and other domestic security arms by 11.5 percent to $111 billion this year, figures released on Monday showed, ahead of a leadership succession that has kindled fear of instability.

China cuts 2012 growth target to 7.5 percent, stability key

Chinese Premier Wen Jiabao cut his nation's growth target to 7.5 percent for 2012 to give the economy more room to slow down if needed while the government carries out promised economic and welfare reforms ahead of a looming leadership transition.

Enbridge U.S. oil line to be shut for four more days

Enbridge Inc said on Sunday a key segment of its oil pipeline system in the U.S. Midwest will remain shut down for up to four more days after a deadly vehicle accident in Illinois caused an oil leak and fire, likely squeezing supplies for refiners in the region.

AIG to raise about $6 billion from AIA stake

American International Group is looking to raise about $6 billion by selling part of its stake in Asia subsidiary AIA Group Ltd in a long-awaited move to help the bailed-out U.S. insurer repay the federal government.

No clear future for Mexican private broadband plan

A lack of agreement between media company MVS and the Mexican government over how to unlock a private broadband project is threatening to shelve the plan for several more years as growing court appeals cloud the case.

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