IBT Staff Reporter

51451-51480 (out of 154943)

Italy under pressure as bond yields climb

Italian bond yields rose on Monday nearly to levels seen in August when the ECB intervened to shore up debt markets, indicating new concerns that problems in the euro zone's third largest economy could threaten the entire bloc.

Asia faces rocky road in securing energy needs

Governments in emerging Asian economies will struggle to secure their rising energy needs as rapidly swelling demand in leading consumers China and India outpaces growth in supplies, which is likely to keep oil prices over $100 a barrel.

Panasonic sees $5.5 billion annual loss, worst in a decade

Japanese electronics maker Panasonic Corp <6752.T> forecast an annual net loss of 420 billion yen ($5.5 billion), its biggest in a decade, as it cut unprofitable businesses deeper and faster than first planned, while battling a soaring yen and weak demand in the United States and Europe.

Catastrophe losses weigh on Loews

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .

Sarah Palin: What's She up to?

Sarah Palin ended seemingly insatiable speculation earlier this month when she announced she would not, in fact run for President. What's she been up to since then?

Lower investment income, catastrophe losses weigh on

Loews Corp , run by the billionaire Tisch family, posted quarterly earnings below analysts' estimates for the third time in a row, hurt by a fall in its investment income and higher catastrophe losses at its biggest holding CNA Financial .

Qantas resumes flights grounded by labor dispute

Australia's Qantas Airways returned to the air on Monday after grounding its entire global fleet over the weekend in a bold tactic to force the government to intervene in the nation's worst labor dispute in a decade.

Honda withdraws annual guidance

Honda Motor Co <7267.T> withdrew its annual earnings guidance in an unusual move on Monday due to uncertainty surrounding currency markets and Thailand's floods just as it was starting to recover from the March earthquake and tsunami.

In the shadow of Olympus, Japan frets about its other scandal

The scandal engulfing Olympus Corp <7733.T> isn't the only corporate governance hot potato in Japan. Revelations by tissue maker Daio Paper Corp <3880.T> of management that had spun out of control is adding pressure on Olympus to bare all to an investigative panel it has promised to assuage investor angst.

Euro area growth to slow sharply; debt crisis key: OECD

The euro area is headed toward a sharp economic slowdown in 2012, with some countries set for negative growth, and failure to restore confidence in battered state finances could prompt a major contraction in developed countries, the OECD said on Monday.

China denies it is behind hacking of U.S. satellites

Beijing on Monday denied a U.S. commission's claim that China may have been responsible for hacking incidents on U.S. environment-monitoring satellites, saying that the committee had ulterior motives in writing such a draft report.

HTC sees Q4 revenue and shipments lower qoq

Taiwanese smartphone maker HTC Corp said on Monday it sees slightly lower revenue and shipments in the fourth quarter than in the third, citing uncertainties from new models going to be launched by the company and competitors, as well as global economic invisibility.

Futures drop With Commods After Yen Intervention

Stock index futures fell in lackluster volume on Monday, following four weeks of equities gains, as a spike in the U.S. dollar weighed on commodity prices and dried up bids on other risky assets.

Japan Inc. struggles with yen rise, Thai floods

Japan's biggest corporations are facing an ever tougher fight to keep up with their nimble Asian rivals as the soaring yen and Thai flooding hit manufacturers already battling consumer gloom in Europe and the United States.

Toshiba ekes out Q2 profit growth, keeps forecast

Toshiba Corp, Japan's biggest chip maker, eked out a rise in quarterly operating profit on cost cuts in its PC and smartphone display businesses, and kept its earnings outlook unchanged above expectations.

Draghi over-interpreted on bond buys, says Trichet

Markets have over-interpreted comments by incoming European Central Bank chief Mario Draghi on the bank's readiness to go on buying the bonds of troubled euro zone states, outgoing ECB President Jean-Claude Trichet said.

Japan intervenes to tame soaring yen ahead of G20

Japan sold the yen for the second time in less than three months after it hit another record high against the dollar Monday, saying it intervened to counter excessive speculation that was hurting the world's No. 3 economy.

UK facing disturbing number of cyber attacks

British government and industry computer systems are facing a disturbing number of cyber attacks, including a recent serious assault on the Foreign Office's network, the head of Britain's communications spy agency said on Monday.

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