IBT Staff Reporter

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Italy austerity plan revisions may need EU approval

EU authorities would need to re-examine Italy's austerity plan if it is overhauled, an Italian Treasury official said on Friday, while town mayors added to the clamor for amendments by protesting against funding cuts.

Second-quarter growth cut on inventories, trade

U.S. economic growth in the second quarter was slower than previously thought and consumer confidence sank in August, further reducing prospects of a strong pick-up in output in the second half of the year.

Joe Jonas Lives the 'Fast Life' As Successful Solo Artist [VIDEO&PHOTOS]

Joe Jonas hit the big stage in Mexico City on Aug. 25 to promote his debut solo album--Fast Life. The middle Jonas graced the MTV World stage confidently in a light blue suit and white collar shirt. He rocked the crowd full of thousands as we walked the catwalk and eventually sat on a stool. The singer was also embraced by a fan who jumped on the stage. Jonas seemed relaxed as security removed her from the stage. It's like a #MTV weekend, Jonas tweeted. Right he is! Th...

Chelsea Transfer Rumours - Have Spurs Threatened Modric?

Chelsea's pursuit of Luka Modric, one of the summer's long-standing sagas, has come to a conclusion according to Tottenham manager Harry Redknapp although reports suggest Daniel Levy has laid out terms to him, threatening him to play or face exclusion from Euro qualifiers next week.

Tiffany raises forecast as sales rise worldwide

Tiffany & Co raised its full-year profit outlook as more shoppers worldwide bought its jewelry during the bridal season, helping it overcome rising gold and diamond costs and sending its shares up more than 5 percent.

Exclusive: China plans to mop up bank liquidity

China has ordered banks to include their margin deposits in required reserves at the central bank to mop up excessive liquidity, banking sources said on Friday, the latest move in Beijing's campaign to rein in worrisome inflation.

Second-quarter GDP trimmed, spending raised

The U.S. economy grew slower than previously thought in the second quarter as business inventories and exports were less robust, a government report showed on Friday, although consumer spending was revised up.

Autism Not Caused By MMR Vaccine, Or Any Others: Report

The U.S. Department of Health and Human Services, which helped guide the Vaccine Injury Compensation Program that funds children who experience side effects from vaccines, has commissioned a report after 17 years that found no link with autism and Type 1 diabetes after taking certain vaccines.

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