IBT Staff Reporter

60631-60660 (out of 154942)

UK May Disrupt Social Networks During Unrest

Britain is considering disrupting online social networking such as Blackberry Messenger and Twitter during civil unrest, Prime Minister David Cameron said Thursday, a move widely condemned as repressive when used by other countries.

Futures point to flat open, more volatility

U.S. stock index futures pointed to a flat open and another session of volatility on Thursday as renewed concerns about the euro zone banking system pushed down European shares.

Jobless claims at 4-month low

The number of Americans claiming new jobless benefitsdropped to a four-month low last week, a sliver of hope for an economy that has been battered by a credit rating downgrade and falling share prices.

Banks in Asia review credit to French lenders

One bank in Asia has cut credit lines to major French lenders while five other banks in Asia are reviewing trades and counterparty risk as worries about the exposure of French banks to peripheral euro zone debt mounts, banking sources told Reuters on Thursday.

Some $4 trillion wiped off world stocks in 2 weeks

Some $4 trillion has been wiped off the value of world stocks this month on concerns the euro zone debt crisis is spreading to Italy and Spain and hurting Europe's banking system, and the global economy is falling into recession.

Jobless claims fall to 4-month low

New U.S. claims for unemployment benefits dropped to a four-month low last week, government data showed on Thursday, a rare dose of good news for an economy that has been battered by a credit rating downgrade and falling share prices.

FDA Approves Daily HIV Pill for Treatment-Naive Adults

The U.S. Food and Drug Administration has approved Gilead Sciences' Complera (emtricitabine/rilpivirine/tenofovir disoproxil fumarate) for treatment of HIV-1 in adults who are new to treatment. The daily tablet consists of a fixed-dose combination of Truvada and NNRTI rilpivirine.

New York City formally challenges 2010 Census data

New York Mayor Michael Bloomberg said on Wednesday he has filed a formal challenge with the U.S. Census Bureau over the 2010 count, saying it may have overlooked at least "tens of thousands" of New Yorkers.

Second former New York cop gets prison for misconduct

A judge sentenced a second former New York City police officer cleared of rape to 60 days in prison for misconduct on Wednesday, saying he will forever wear a "bright scarlet letter" for repeatedly visiting a drunken woman's apartment.

Alibaba Q2 net up, sees global econ threat to H2

Alibaba.com, China's largest e-commerce firm, beat forecasts with a 29 percent rise in quarterly net profit, its smallest rise in about 1-1/2 years, and warned that the adverse global economic outlook could hit its second half.

French banks lead European sector lower

Shares in French banks fell sharply on Thursday on persistent worries about their outlook, dragging down an index of European bank stocks, which has lost almost 30 percent this year.

AB InBev cautious over challenging times in U.S.

The world's largest brewer Anheuser-Busch InBev warned of challenging times in its biggest market, the United States, raising questions about whether it can keep hiking prices to counter sluggish sales.

World stocks stabilize after battering and euro rises

World stocks edged up on Thursday from this week's 11-month low as higher U.S. stock futures calmed frayed investor nerves after a steep sell-off triggered by concerns about the U.S. economic slowdown and the euro zone banking system.

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