IBT Staff Reporter

56821-56850 (out of 154942)

Wall Street to open higher on euro optimism

Stocks were set for a higher open on Wednesday after the head of the European Commission said it will present options for joint euro zone bonds, a tool that investors view as a step forward to addressing the region's debt crisis.

Geithner urges EU to do more to solve crisis

Treasury Secretary Timothy Geithner on Wednesday urged European leaders to act more forcefully to solve Europe's escalating debt crisis and said they have the financial and economic capacity to do so.

3 years on, Lehman on path to exit bankruptcy

Three years after its collapse, Lehman Brothers is still stuck in bankruptcy court -- but three years is not as long as it sounds, says the failed investment bank's lead bankruptcy lawyer.

Silvercorp dismisses allegations, shares bounce up

China-focused miner Silvercorp (SVM.TO: Quote) offered a detailed rebuttal of new anonymous allegations of fraud on Wednesday, releasing figures on tax, production and assay grades to fend off an attack from short-sellers.

New S.Africa wrestles with its old struggle songs

One of the most powerful weapons in a South African politician's arsenal may be silenced after a court ruled this week that songs once used to rally support against apartheid could be considered hate speech in the country's new democracy.

S.Africa confident green energy bidding to succeed

South Africa is confident that a recently launched bidding process for renewable energy will lead to the addition of 3,725 megawatts (MW)of green energy to the national grid by 2016, despite previous delays, a senior government official said.

Wal-Mart aims to train and do more work with women

Wal-Mart Stores Inc will double the money it spends with women-owned businesses, train women around the world and push major suppliers to use more women and minorities on work they do for the retailer, its latest steps to promote a brighter corporate image.

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