IBT Staff Reporter

52141-52170 (out of 154943)

Conclusive deal on euro zone crisis looks elusive

Prospects for a comprehensive deal to resolve the euro zone debt crisis at a summit on Wednesday look dim, with deep disagreement remaining on critical aspects of the potential agreement, including how to give the region's bailout fund greater firepower.

Search for Turkish quake survivors enters third day

Turkey clung to hopes on Wednesday of finding survivors under rubble three days after a powerful earthquake killed at least 459 people, and the government finally requested foreign help to shelter thousands of homeless families.

Brazil rejects Europe debt purchase plan

Brazil on Tuesday rejected the idea of buying European bonds to help ease the euro zone's debt crisis, casting doubt on a plan for major emerging market economies to offer fresh funds for the continent's rescue.

RIM delays PlayBook update

Research in Motion said the software upgrade for its PlayBook tablet has been delayed to February next year.

German parliament to vote on boosting bailout fund

German Chancellor Angel Merkel looks set to win a parliamentary vote on Wednesday on boosting the firepower of the euro zone rescue fund with a large majority, bolstering her negotiating strength ahead of a crunch EU summit.

Nomura Reported Debating Major Cost-Cutting

Nomura Holdings , Japan's largest investment bank, is planning major cost cuts that will like have the biggest impact on its loss-making European operations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Yemen calls truce as sporadic blasts heard

Yemen's government signed a cease-fire with a dissident general Tuesday to try to end weeks of worsening bloodshed but sporadic explosions and gunfire were still heard in the north of the capital.

Nomura debating major cost-cutting drive: report

Nomura Holdings <8604.T>, Japan's largest investment bank, is planning major cost cuts that will like have the biggest impact on its loss-making European operations, the Wall Street Journal reported on Wednesday, citing people familiar with the matter.

Wage rises lag well behind inflation - IDS

Private sector wage deals rose 2.6 percent in the three months to September, lagging well behind the inflation rate of 5.2 percent, while the pay of most public sector workers remained frozen.

Islamists head for win in Tunisia's Arab Spring vote

Tunisia's moderate Islamist party on Tuesday claimed a thumping victory in the country's first election, sending a message to the region that once-banned Islamists are challenging for power after the Arab Spring.

Amazon revenue growth slows, stock slumps

Amazon.com Inc shocked investors with a far weaker-than-expected outlook for the crucial holiday season quarter as it spent heavily on its new Kindle Fire tablet computer.

Exclusive: Medtronic probes insulin pump risks

Medtronic Inc has asked software security experts to investigate the safety of its insulin pumps, as a new claim surfaced that at least one of its devices could be hacked to dose diabetes patients with potentially lethal amounts of insulin.

Lindsay Lohan's father jailed in Florida

Actress Lindsay Lohan's father Michael Lohan was jailed in Florida on Tuesday on a domestic battery charge after his girlfriend accused him of threatening to throw her off a balcony, police said.

Arcelor leaves Peabody with solo Macarthur bid

ArcelorMittal has pulled out of its joint $5 billion bid with Peabody Energy for Australia's Macarthur Coal , days after the target's top shareholder accepted the offer and left the steelmaker with a higher-than-expected cost.

Obama says Gaddafi missed chance for democracy

President Barack Obama said on Tuesday former Libyan leader Muammar Gaddafi missed his chance to bring democracy to his country and described his death as a message to dictators around the world.

CBS wins ratings night as Two and a Half Men inches up

After a month of declines following its stellar season premiere performance, Two and a Half Men may have found its ratings bottom -- and it's quite high. The show had a slight increase Monday night and helped make CBS the highest-rated network for the evening, according to preliminary numbers.

The weather headache for PGA Tour organizers

Hurricanes, earthquakes, lightning, slow play, burrowing moles -- Mark Russell has had to contend with a wide range of obstacles in his role as a tournament director for the PGA Tour.

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