IBT Staff Reporter

57661-57690 (out of 154947)

Equity hedgies sweat on returns after choppy summer

Many jittery hedge funds are clinging to core stock holdings in the hope that a rebound in equity markets in the final four months of the year will save the $2 trillion industry from its second calendar year of losses in just four years.

Canadian dollar touches 4-week low on euro zone fears

The Canadian dollar hit its weakest level against the U.S. dollar in nearly four weeks on Tuesday as investors worried that the euro zone's debt crisis was worsening and that the U.S. economy was slipping back into recession.

Toyota aims for quake-proof supply chain

Toyota Motor Corp <7203.T> is working to create a robust supply chain that would recover within two weeks in the event of another massive earthquake like the one on March 11 that is still affecting output after six months, a top executive said.

Lower Manhattan: Rising from the ashes

A decade after the September 11 attacks enveloped Lower Manhattan in a thick gray dust of pulverized buildings and human remains, the surrounding area has become a trendy neighbourhood with a booming population.

Italy and Greece worries shake euro zone

The euro zone's debt crisis appeared at risk of spiraling out of control on Tuesday amid doubts about Italy and Greece's willingness to push through austerity demanded by their partners, and hardening opposition to further aid in paymaster Germany.

Dell, Baidu team up for tablets and mobiles

Dell Inc is partnering China's top search engine Baidu Inc to develop tablet computers and mobile phones, targeting the Chinese market now dominated by Apple Inc and Lenovo devices.

Swiss strike blow against fear flows

Switzerland's central bank turned the tables on Tuesday on investors who have driven up the franc, sinking it nearly 9 percent to the euro, while European stocks eked out some gains after sharp losses a day earlier.

U.S. solar firm Solyndra files for bankruptcy protection

Solyndra LLC, a solar panel maker which had earlier received $535 million in federal loan guarantees, filed for Chapter 11 bankruptcy protection early on Tuesday, making it the third U.S. solar firm to succumb to pressure from lower-cost Chinese rivals.

Sony recruits information security boss after hacking

Sony Corp picked a former official at the U.S. Department of Homeland Security for the new post of chief information security officer, months after a massive hacking attack leaked information on 100 million user accounts on its games networks.

Stock Futures Signal Losses on Wall Street

Wall Street stock futures pointed to a lower open for equities on Tuesday on renewed fears the euro zone's sovereign debt crisis is worsening, with shares seen tracking a slump in European stocks on Monday when the U.S. market was closed.

U.S. Open - Federer Vs Monaco - Match Highlights (VIDEO)

Roger Federer will face Jo-Wilfried Tsonga in the quarterfinals of the U.S. Open, in a rematch of the Wimbledon quarters earlier this year, after he cruised to a straight-sets victory against Juan Monaco in the early hours of Tuesday.

Ancient Soil Bacteria Can Help Cure Cancer Tumors

Researchers from the University of Nottingham and University of Maastricht found that an ancient strain of harmless bacteria, which is common in the soil, can be used to kill tumors by using it as a drug delivery vehicle.

Euro jumps, stocks retreat after Swiss move

Switzerland's central bank stepped in to stop investors driving up the franc on Tuesday, sending the euro up nearly 9 percent and stifling a tentative European stock recovery from sharp losses a day earlier.

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