IBT Staff Reporter

56191-56220 (out of 154942)

Opel labor rep says SAIC should get Opel stake

Opel's labor chief called for U.S. carmaker General Motors Co to offer shares in Opel to its joint venture partner Shanghai Automotive Industry Corporation in a renewed push for more independence.

UAW shifts focus to Chrysler and Marchionne

With a tentative agreement with General Motors Co in hand, the United Auto Workers union shifts its focus to Chrysler Group LLC where a one-week contract extension will expire late Wednesday.

BoE set to pump more money into UK economy

The outlook for the British economy is weakening so quickly that the Bank of England on Wednesday signaled it was ready to pump in more money, potentially as soon as October.

Stocks set to open flat ahead of Fed statement

Wall Street was set to open little changed on Wednesday as investors cautiously awaited the outcome from the Federal Reserve's policy-setting meeting that is likely to include new measures to boost the economy.

Nikon unveils its first mirrorless cameras

Nikon unveiled its first mirrorless cameras on Wednesday, beating its arch rival Canon to the nascent market for small, interchangeable-lens cameras, where other manufacturers have met with mixed success.

Apple Granted 40 Patents in China: Report

Apple Inc has been granted 40 patents in China, which will help the maker of iPhones and iPads gain more intellectual property protection in the country, the China Daily reported on Wednesday.

Futures flat ahead of Fed statement

Stock index futures were little changed on Wednesday as investors waited to see if the Federal Reserve launches a fresh effort to boost the sluggish economy.

Greece to Outline More Austerity to Secure Loan

The Greek cabinet was expected to outline major public sector layoffs, more spending cuts and tax increases on Wednesday to secure a bailout installment crucial to avoid running out of money next month.

Italy downgraded, IMF says Europe behind the curve

Standard & Poor's cut Italy's credit rating on Tuesday in a surprise move that increased strains on the debt-stressed euro zone, and the International Monetary Fund said Europe's leaders were failing to act decisively enough to resolve the crisis.

Cellphones may be new tool vs Somalia famine

Cellphones may bring relief to famine victims in parts of Somalia controlled by al Shabaab insurgents as donors seek new ways to circumvent the hard-line militants, a senior U.S. official said on Tuesday.

GM CEO clearly concerned about U.S. recession risk

Pent-up car demand in the United States and slowing, but still growing sales in China, should soften concerns about the ability of General Motors Co to weather a recession, the company's chief executive said.

Is iPhone 5 Delay a Marketing Strategy?

Ever since Apple failed to launch iPhone 5 in June (deviating from its traditional summer release), the Internet has turned cacophonous with the expected release date and specifications of the superphone.

Namibia mine union readies for strike at Rossing

Namibia's Mineworkers Union of Namibia (MUN) on Wednesday served Rio Tinto's Rossing uranium mine with a strike notice after failing to reach a deal in talks over output incentives, with a stoppage expected to start on Friday.

Stock index futures signal gains, Oracle eyed

Stock index futures pointed to a slightly higher open on Wall Street on Wednesday, with futures for the S&P 500 up 0.23 percent, Dow Jones futures up 0.26 percent and Nasdaq 100 futures up 0.07 percent at 3:06 a.m. ET.

Stocks on edge ahead of Fed while euro recovers

European stock index futures fell on Wednesday as investors looked to book some of the previous sessions gains and waited for the end of a Federal Reserve policy meeting expected to announce further steps to stimulate the flagging U.S. economy.

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