IBT Staff Reporter

51421-51450 (out of 154943)

G20 to keep focus on China currency flexibility: U.S.

Greater currency flexibility from China and other emerging economies will be reviewed by G20 leaders this week as they focus on the need for balanced global economic growth, a top U.S. Treasury official said on Monday.

Wall Street loses ground as investors cool on Europe

Wall Street eyed its best month in almost 25 years despite a pullback on Monday that came as euphoria over European measures to resolve the debt crisis gave way to more cool-headed assessments of how the remedies would be implemented.

Midwest business barometer eases in October

The pace of business activity in the U.S. Midwest slowed modestly in October as new orders eased, though the employment gauge rose to its highest level in six months, a report showed on Monday.

Zimplats Q1 output down, eyes local ownership plan

Impala Platinum's Zimbabwe unit said on Monday metal production fell 13 percent during the July-September quarter after a maintenance shutdown at its furnace, but the company was on track to submit a revised local ownership plan in November.

Nigeria cbank to review naira, likely 155-156/dlr target

Nigeria's Central Bank Governor Lamido Sanusi said on Monday the bank would review its target band for the naira in the next few days, and depending on where the exchange rate settles may move its midpoint to 155/156 to the dollar, compared to its current 150.

GTL Resources agrees $52 million takeover

GTL Resources, the owner of an ethanol and bio-refining company, has agreed to a 32 million pound ($52 million) cash offer from marine firm Siem Kapital and fund manager North Atlantic Value , the companies said on Monday.

Uganda frees opposition leader, threatens to re-arrest

Ugandan police released opposition leader Kizza Besigye on Monday, hours after detaining him for the second time in a month, but warned they would keep seizing him if he tried again to take part in protests against surging prices.

Gaddafi son should be tried in Libya first: minister

Saif al-Islam Gaddafi will not escape justice and should be tried in Libya for murder, corruption and many things before an international court questions him, the country's interim justice minister said on Monday.

IMF Sees Slower Kenya Growth, Approves Extra Funds

The International Monetary Fund on Monday trimmed its 2011 growth outlook for Kenya on Monday and backed further funds to boost the country's foreign exchange reserves to help tackle a widening balance of payments gap.

Mugabe says he's still fit, may target Swiss assets

Zimbabwean President Robert Mugabe denied speculation his health is failing and hinted at taking action against Swiss firms in retaliation for his wife and aides being denied visas to visit Geneva, the official Herald newspaper reported on Monday.

Canada exchange operator backs $3.8 billion buyout bid

The operator of Canada's largest stock market has thrown its support behind a C$3.8 billion ($3.8 billion) takeover offer from a group of banks and pension funds, embracing the deal four months after a failed attempt to merge with the London Stock Exchange.

Justin Bieber rounds off MTV Europe awards lineup

Canadian pop star Justin Bieber has been added to the line-up for the MTV Europe Music Awards in Belfast on Sunday, when he will join his girlfriend and host for the night, actress and singer Selena Gomez.

Economy signals a sluggish rebound

The economy gained momentum for a third straight month in August, growing 0.3 percent from September and putting to rest fears of a recession, but not showing enough strength to trigger interest rate hikes

Pages