IBT Staff Reporter

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Sony yet to grab new Monster Hunter for PS Vita

Sony Corp has yet to secure the next generation of Capcom's popular Monster Hunter game for its new handheld games device, company executives said on Thursday, after the developer said it would offer the game on a rival gadget.

Futures up on Greek hopes; data in focus

Stock index futures rose on Thursday after three days of market gains as investors welcomed signs that European leaders are committed to keeping Greece afloat for now.

HP should reconsider dumping TouchPad: research firm

Hewlett-Packard Co should reconsider its decision to dump its TouchPad tablet since the device could double the value of the PC division HP plans to spin off, technology research firm Canalys said in a note to clients.

Merkel says euro bonds are absolutely wrong

German Chancellor Angela Merkel bluntly rejected euro zone bonds on Thursday as a solution to the currency area's sovereign debt crisis, saying that collectivizing debts would not solve the problem.

European treasury needed to avoid Depression: Soros

Billionaire investor George Soros has warned Europe's debt crisis risks triggering another Great Depression unless euro zone leaders adopt a series of radical policy measures, including the creation of a common treasury.

UBS Says Trader Who Lost it $2 Billion is Arrested

UBS said a trader has lost about $2 billion in unauthorized dealing and warned it might post a loss in the third quarter, a huge blow as the Swiss bank struggles to rebuild its credibility after years of crises.

Top 10 Features iOS 5 Copied from Android

Apple’s upcoming operating system, iOS 5, which is going to power iPhone 5, iPad, iPad 2, iPhone 3GS, iPhone 4, iPod touch next generation boats certain features which are already available with the Android based devices.

Merkel: Euro Bonds are Absolutely Wrong

German Chancellor Angela Merkel rejected joint euro zone bonds on Thursday as absolutely wrong and said restoring stability to the single currency bloc required a longer-term step-by-step approach.

GM, Chrysler extend UAW contracts after talks slow

General Motors Co and Chrysler Group LLC agreed to extend labor contracts with the United Auto Workers on Thursday as the union's negotiations failed to produce the expected breakthrough on pay for 113,000 autoworkers.

Stock index futures signal higher open

Stock index futures pointed to a higher open for equities on Wall Street on Thursday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.3 to 0.5 percent.

Global stocks extend gains

Stock markets rose for a third day on Thursday and the euro steadied, helped by signs that euro zone leaders are committed to keeping Greece afloat for now.

World Economy in Danger Zone: World Bank Chief

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

World economy in danger zone: Zoellick

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

UBS rogue trader loses $2 billion

Switzerland's UBS said on Thursday it had discovered unauthorized trading by a trader in its investment bank had caused a loss of some $2 billion.

Apple Releases EFI Firmware Updates for MacBook Pros, Mac Minis

Apple has issued EFI firmware update for Macbook Air system to address issues with Lion Internet Recovery and compatibility for the upcoming Thunderbolt displays that Apple is developing. Following this update, Apple released updates for Mac Mini and MacBook Pro to offer stability enhancement for Lion Internet Recovery, Apple Thunderbolt Display compatibility and Thunderbolt Target Disk Mode.

Global stocks rebound, euro wobbles as focus stays on debt

European stock index futures rose on Thursday, following a bounce in Asia, on signs that European policymakers are taking tentative steps to tackle a crippling debt crisis, but the euro slipped amid skepticism that a Greek default can be avoided.

World Bank head says world economy in danger zone

World Bank President Robert Zoellick said on Wednesday the world had entered a new economic danger zone and Europe, Japan and the United States all needed to make hard decisions to avoid dragging down the global economy.

Japan robot to attempt Hawaii triathlon

After scaling the cliff walls of the Grand Canyon and driving the Le Mans racetrack for 24 hours, a tiny Japanese robot is set for a new challenge -- Hawaii's grueling Ironman Triathlon course.

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