IBT Staff Reporter

55261-55290 (out of 154943)

Amazon's $199 Fire sparks supply, margin questions

The rock-bottom price of the new Kindle Fire tablet computer is raising questions about Amazon.com Inc's ability to keep up with demand and the device's effect on the company's already razor-thin profit margins.

Global wine auctions, investments to slow in 2012

Global wine auctions and investments will slow next year as the euro zone crisis and slowdown in the U.S. economy take their toll on the wine industry, but Asia may prove slightly more resilient, said Pancho Campo, a Spanish wine expert.

SGX, LSE in Joint Bid for London Metal Exchange: Source

The Singapore Stock Exchange Ltd is tying up with London's main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world's largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).

Japan fires fresh salvo on yen as economic upswing tails off

Japan said on Friday it will boost its currency intervention fund and keep watching dealers' trading positions in yet another effort to tame the yen in the face of growing evidence that its strength is stalling the economy's post-quake rebound.

Europe set for worst quarter since 2008

European stock index futures fell on Friday, putting shares there firmly on course to post their biggest quarterly decline since the months following the collapse of Lehman Brothers three years ago.

Ponzi scheme accused Full Tilt Poker's license revoked

Online poker site, Full Tilt Poker, which U.S. federal prosecutors have accused of running a Ponzi scheme, had its gambling license revoked by Alderney Gambling Control Commission , the gambling regulator said on Thursday.

Asia stocks in worst month since October 2008

Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.

Equities steady after rise, euro holds gains

Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.

Asia stocks fall in worst month since Oct 2008

Asian stocks fell on Friday, extending the worst monthly performance since the most volatile days of the global financial crisis in October 2008, with Chinese shares racking up sharp losses.

Standard & Poor's, Fitch downgrade NZ on growing debt

New Zealand suffered its second ratings downgrade within hours on Friday as Standard & Poor's cut the country's rating by one notch because of its growing foreign debt, after rival Fitch Ratings' had taken similar action.

Asian equities steady after rise, euro holds gains

Asian stocks steadied on Friday with big gains unlikely as investors looked to take profits after three days of gains, while the euro held its tiny increase following Germany's approval to expand the euro zone bailout fund.

Apotheker's exit payout dwarfs HP's new CEO

Hewlett Packard Co will pay ousted CEO Leo Apotheker nearly $10 million in severance and bonuses and let him keep 156,000 restricted shares, a hefty payout for an 11-month term that saw HP's share price dive 45 percent.

Friendly's close to bankruptcy: report

Burger and ice cream chain Friendly's is close to filing for bankruptcy and may try to sell itself at auction, the Wall Street Journal reported on Thursday.

Japan factory output disappoints

Japanese factory output rose less than expected in August, in a sign that companies were feeling the pinch from a strong yen and faltering global demand and the economy's swift rebound from the March 11 earthquake and tsunami was tailing off.

Bain, Carlyle, Pamplona eye TI Automotive: sources

Bain Capital and Carlyle Group are among three private equity firms bidding for auto parts supplier TI Automotive in an auction that could fetch around $1.5 billion, people familiar with the matter said.

Japan factory output disappoints; yen, global slowdown

Japanese factory output rose less than expected in August, in a sign that companies were feeling the pinch from a strong yen and faltering global demand and the economy's swift rebound from the March 11 earthquake and tsunami was tailing off.

Greek gambling company OPAP OKs licensing deal

The board of Greek gambling company OPAP gave initial approval on Thursday for the firm to pay 935 million euros ($1.27 billion) to the government to extend its monopoly and buy a new videolotto license, an OPAP official told Reuters.

Conrad Murry trial stream app hits No. 1 on iTunes

LOS ANGELES (TheWrap.com) - The latest high-profile celebrity trial has celeb watchers everywhere tuned in on TV and the Interwebs, and now, of course, there's a cell phone app to make sure people don't miss a minute of coverage of the Conrad Murray trial.

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