IBT Staff Reporter

53611-53640 (out of 154943)

SAP Q3 sales, profits jump; shares rise

Oct 14 - Germany's SAP , the world's biggest maker of business software, reported a jump in its third quarter sales and profits, sending its shares more than 3 percent higher on Friday.

China inflation dips, yet policy on pause

China's consumer inflation dipped to 6.1 percent in September, retreating further from three-year highs, although stubborn food price pressures will deter the central bank from loosening its policy reins anytime soon.

S&P cuts Spain rating by one notch on weak growth

Standard & Poor's cut Spain's credit rating on Friday, sending the euro lower and underlining the challenges facing Europe's big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis.

Futures Higher on Google, Eurozone Hopes

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc. and hopes the Eurozone will continue progress toward a solution to its debt crisis.

Futures higher on Google, euro zone hopes

Stock index futures rose on Friday, shrugging off a credit rating downgrade of Spain, propelled by strong earnings from Google Inc and hopes the euro zone will continue progress toward a solution to its debt crisis.

Sony Ericsson to shift fully to smartphones in 2012

Mobile handset maker Sony Ericsson said on Friday it would in future focus entirely on the fast-growing smartphone market as it posted in-line quarterly profits, making no reference to a report electronics giant Sony would take full ownership.

Mattel Q3 sales beat estimates

Mattel Inc , the world's largest toy company, reported higher-than-expected quarterly sales, helped by favorable exchange rates and strong sales of its Barbie dolls.

EuroZone Crisis Dominates G20 Paris Meeting

The Eurozone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

Euro zone crisis dominates G20 Paris meeting

The euro zone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

Sony Ericsson shifts to smartphones amid Sony buyout talk

Mobile phone maker Sony Ericsson will focus entirely on the booming smartphone market, going head to head with rivals like Apple and underlining the importance of a tie-up with Sony amid reports the electronics giant is preparing a buyout.

New iPhone on sale, fans buy in tribute to Jobs

Apple Inc's new iPhone went on sale in stores across the globe on Friday, with fans snapping up the final gadget unveiled during Steve Jobs' lifetime, many buying the phone as a tribute to the former Apple boss.

Stock futures signal higher Wall St open

Stock index futures pointed to a higher open for equities on Wall Street on Friday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6-0.7 percent.

S&P downgrades Spain by one notch on weak growth

Standard and Poor's cut Spain's credit rating on Friday, sending the euro lower and underlining the challenges facing Europe's big powers as they prepare to meet G20 counterparts over the euro-zone debt crisis.

Euro zone crisis to dominate G20 Paris meeting

The euro zone debt crisis will dominate a summit of G20 finance chiefs and central bank heads in Paris, with a downgrade of Spain's credit rating highlighting the risk of a much larger economy than Greece coming under threat.

Goldman, Citi among banks on list for Hyundai Oilbank's IPO

Hyundai Oilbank, South Korea's smallest crude oil refiner, has narrowed down a group of banks to handle its up to $2 billion IPO planned for early next year, with Goldman Sachs, Credit Suisse, and Citigroup among the firms selected, sources with direct knowledge of the matter said on Friday.

European markets recover after Spain downgrade

European shares and the euro held roughly steady on Friday as hopes of progress toward a solution to the euro zone's debt crisis was tempered by a knee-jerk reaction to a credit rating downgrade for Spain.

BlackBerry outages irk India, threaten key RIM market

A four-day service outage has cast a shadow over BlackBerry's reputation in India, one of the smartphone maker's few growing markets, where the frustration of hundreds of thousands of users could mean a chance for its rivals to gain ground.

European shares set for stronger open

European stock futures rose on Friday, shrugging off weakness in Asian equity markets on concerns about sluggish global growth, while another sovereign debt ratings downgrade briefly pushed the euro lower.

Jackson trial focuses on singer's Demerol use

A sleep medicine expert testified on Thursday that Michael Jackson's reliance on the painkiller Demerol could have led to insomnia, but said the singer's doctor still erred by giving him propofol to sleep.

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