IBT Staff Reporter

49801-49830 (out of 154947)

Ukraine parliament rejects Tymoshenko reprieve

Ukraine's parliament on Tuesday rejected a move to downgrade the abuse-of-power offence under which former prime minister Yulia Tymoshenko has been jailed, dealing a blow to prospects of an early release for the charismatic opposition leader.

Sixty-nine killed Syria on Monday: activists

At least 69 people were killed in southern Syria on Monday, most of them in clashes between army deserters and troops loyal to President Bashar al-Assad, activists said on Tuesday.

Germany, France post solid growth, outlook bleaker

The euro zone economy grew just 0.2 percent in the third quarter as Germany and France posted solid growth but countries at the sharp end of the debt crisis fared much worse, and analysts expect bleaker times ahead across the 17-country currency bloc.

Italy's Monti center stage, France alarm bells

Prime Minister-designate Mario Monti raced to assemble a new government for Italy on Tuesday while a sharp rise in French borrowing costs raised fears that the two-year debt crisis may spread to the euro zone's second biggest economy.

Peugeot to cut 5,000 jobs in France: union

PSA Peugeot Citroen plans to cut 5,000 jobs in France, an official from the CGT union said on Tuesday, suggesting a higher proportion of layoffs in the automaker's home country than previously disclosed.

Canada using hard-to-forge plastic for $100 bill

Canada released a new C$100 bill made of plastic on Monday, its first step in replacing an entire series of banknotes to thwart counterfeiters and persuade retailers it's safe to accept big bills.

Greece launches bond swap talks with banks

Greece and private bondholders will begin thrashing out a deal on Thursday to halve its public debt, a key pillar of a bailout plan to save the country from bankruptcy and ejection from the euro zone, sources said on Tuesday.

In dramatic reversal, Qatar signs $6.5 billion

Qatar Airways finally returned to the table to sign a $6.5-billion deal with Airbus hours after cancelling an announcement at the last minute and bluntly telling the European planemaker to go back to basics.

New Quebec party could marginalize separatists

A senior Quebec politician, fed up with decades of arguments over whether the province should separate from Canada, launched his own party on Monday, with polls showing he would easily win an election now.

Futures slide as euro zone fears persist

U.S. stock index futures fell on Tuesday, extending a drop in global equities, as doubts about the ability of Europe to tackle its debt crisis sent Italy's bond yields back into a perceived danger zone.

Euro zone posts growth, but downturn seen likely

The 17-nation euro zone economy grew a modest 0.2 percent in the third quarter from the second, the EU said on Tuesday, lifted by France and Germany, but economists say the bloc is almost certainly heading for a recession.

Futures tumble as euro zone fears persist

U.S. stock index futures fell on Tuesday, extending a drop in global equities, as doubts about the ability of Europe to tackle its debt crisis sent Italy's bond yields back into a perceived danger zone.

Stock futures tumble as euro zone fears persist

U.S. stock index futures fell on Tuesday, extending a drop in global equities, as doubts about the ability of Europe to tackle its debt crisis sent Italy's bond yields back into a perceived danger zone.

Wal-Mart same-store sales rose strong 1.3 percent

Wal-Mart Stores Inc said on Tuesday that sales at its U.S. discount stores open at least a year rose a better-than-expected 1.3 percent during the third quarter, ending a string of nine consecutive quarterly declines.

Home Depot tops Street; ups dividend, outlook

Home Depot Inc reported stronger-than-expected quarterly results and raised its fiscal-year outlook for the third time in six months as the world's largest home improvement chain gained market share from smaller rival Lowe's Cos Inc.

Qatar ends suspense with $6.5 billion Airbus order

Qatar Airways placed a $6.5 billion order for Airbus jets hours after telling the European giant to go back to basics and learn how to build airplanes in a day of high theater at the Dubai Air Show on Tuesday.

China vulnerable to asset bubbles, warns IMF

China's biggest commercial banks face systemic risks if a combination of credit, property, currency and yield curve shocks that could be withstood in isolation were to occur together, the International Monetary Fund warned on Tuesday.

Lenders Unlikely to Tighten Screws on Olympus, for now

Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said.

Stock futures signal weaker Wall St open

Stock index futures pointed to a weaker open for equities on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.3 to 0.7 percent.

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