IBT Staff Reporter

43861-43890 (out of 154943)

DoCoMo to ask for changes in Android -Nikkei

NTT DoCoMo Inc <9437.T> will ask Google Inc to modify its Android operating system so that smartphones using it would put less pressure on networks, a move that could spark wider protests against the leading mobile software platform, the Nikkei reported.

Wall Street cuts losses on late buying

Stocks trimmed losses to end little changed on Friday, as investors saw dips in the market as an opportunity to buy into what has been a strong first month of 2012.

UBS hires raft of veteran Merrill brokers

UBS Americas Wealth Management said on Friday it hired at least 14 veteran Merrill Lynch brokers who in total managed more than $2 billion in client assets at Merrill.

MF Global ex-risk chief to testify before Congress

Michael Roseman, the former chief risk officer who is said to have raised red flags about aggressive trading bets at MF Global , will testify before Congress next week, according to a congressional staffer familiar with the matter.

Facebook to file IPO documents soon as Wednesday: report

Facebook plans to file documents as early as Wednesday for a highly anticipated IPO that will value the world's largest social network at between $75 billion and $100 billion, the Wall Street Journal cited unidentified sources as saying on Friday.

Dow on track for 1st weekly loss of year

The Dow was on track to post the first weekly loss this year on Friday as lackluster earnings from blue-chip companies and weaker-than-expected data on U.S. economic growth disappointed investors.

Exclusive: Greek PM expects debt swap deal in days

Greece expects to conclude difficult debt talks with private creditors within days and negotiations with the EU and the IMF on a new bailout deal by the middle of next week, Prime Minister Lucas Papademos told Reuters on Friday.

EU, IMF press Greece on reforms, Rehn upbeat on debt

The European Union and IMF want Greece to push through more budget cuts and implement a series of long-agreed austerity reforms before they sign off on a new bailout the country needs to avert bankruptcy, a report obtained by Reuters shows.

Chevron profit falls as refineries, output suffer

Chevron Corp reported lower quarterly earnings on Friday, missing Wall Street forecasts, as rising spending on oil and gas projects and losses at its U.S. refinery business offset gains from higher crude oil prices.

U.S. growth quickens, but speed bumps ahead

The U.S. economy grew at its fastest pace in 1-1/2 years in the fourth quarter, but a rebuilding of stocks by businesses and slower business spending warned of weaker growth in early 2012.

Eastman Chemical to buy Solutia for $3.4 billion

Eastman Chemical is buying Solutia Inc , chemicals provider for products from iPads to tires, for about $3.4 billion in cash and stock in a bid to drive its sluggish growth and focus on emerging markets, particularly the Asia-Pacific region.

Reuters Magazine: Felix Salmon: The devil in the CDS

The world of international finance is largely incomprehensible, even to its practitioners. Consequently, a whole industry, of which I am personally part, has sprung up to explain finance to the public. This makes the public think that understanding finance is something that is possible.

Reuters Magazine: Chrystia Freeland: The one percent war

When Anders Aslund, a Swedish economist who has studied and advised most of the leaders in the former Soviet Union, visited Kiev in late 2004, at the height of the Orange Revolution, he returned to his office in Washington, D.C., with a surprising observation. Most reports depicted the Orange Revolutionaries, with their determined, subzero encampment of the capital city's central square, either a...

French telco regulator to inspect Free's network

France's telecom regulator will carry out an inspection of the network of mobile operator Iliad , in a bid to address accusations levied by its competitors that the new entrant's infrastructure was not operational.

Wall St edges lower after GDP data

Stocks slipped on Friday as data showed the U.S. economy grew less than expected in the fourth quarter, while some disappointing earnings added pressure to the market.

Smartphones drive record Samsung profit

Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals.

Charges weigh on Procter & Gamble profit

Procter & Gamble Co's quarterly profit plunged 49 percent, as the world's largest household products maker wrote down the value of its appliance and salon professional products businesses, and it said this year's profit would come in lower than previously expected due to the strong dollar.

D.R. Horton profit beats on higher home orders

D.R. Horton Inc , the top U.S. homebuilder, posted a first-quarter profit that beat market expectations, helped by a surge in orders indicating a stabilizing housing market, and said it was looking at spring selling season with cautious optimism.

Lawmakers press Google on privacy policy changes

A leading lawmaker on privacy issues said on Thursday he would ask for a probe into whether recently announced changes in how Google handles consumer data violated an agreement it made with the U.S. Federal Trade Commission.

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