IBT Staff Reporter

58801-58830 (out of 154953)

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.

Second-quarter growth revised down to 1 percent

The economy grew much 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.

Analysis: Safe haven assets start to look risky

This year's heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the safe havens they are billed as.

Spain to set deficit limit in constitution

Spain reached political consensus on Friday to set constitutional limits on its public deficit and debt, though details were sketchy and there were few signs the accord would persuade markets Madrid can manage its finances.

Will Steve Jobs Return Again?

The impending threat that Apple will see Jobs-less days had been looming since CEO Steve Jobs announced his medical leave in January.

Analysis: 'Safe Haven' Assets Start to Look Risky

This year's heady bout of risk aversion on financial markets has ratcheted up demand for gold, U.S. Treasuries and the Swiss franc to levels that suggest they may no longer be the safe havens they are claimed to be.

Analysis: LG Faces Tough Choices for Mobile Phone Division

South Korea's LG Electronics hasn't been so smart with its smartphone business. Its mobile phone division has suffered five consecutive quarterly losses, cutthroat competition is pressuring it to overhaul the business and its shares have plummeted.

Stock futures signal gains; Bernanke eyed

Stock futures pointed to a slightly higher open for equities on Friday after steep declines in the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 all up 0.2 percent.

Greece sets minimum take-up rate for debt swap plan

Greece said on Friday it would not go ahead with a debt swap crucial to its second bailout if private sector holders of less than 90 percent of the bonds participate, failing to satisfy its international partners.

Market sentiment weakened before U.S downgrade: S&P

The top official behind Standard & Poor's downgrade of the United States said on Friday it was not to blame for August's stock market rout, and warned that developed nations still needed to get their act together to tackle their mountains of debt.

ABN AMRO to cut 2,350 jobs, most in back office

Dutch state-owned bank ABN AMRO said on Friday it would cut 2,350 jobs over the next four years, mostly in back office operations such as IT, as well as in retail and private banking, in a drive to save costs.

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