IBT Staff Reporter

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Diniz says informed Casino of Carrefour deal: report

SAO PAULO Grupo Pao de Acucar Chairman Abilio Diniz said he did not violate his partnership with France's Casino by negotiating a merger with their rival Carrefour in Brazil without informing his partner, the weekly magazine Veja said on Saturday.

Text Messages Helpful to Quit Smoking: Study

A new research has discovered that smokers who receive motivational text messages are more likely to be successful in quitting smoking. They study was published in the British medical journal The Lancet.

Euro zone to approve Greek aid tranche

Euro zone finance ministers will approve the next tranche of emergency aid for Greece on Saturday and discuss a second three-year financing plan for Athens on July 11, euro zone officials said.

Maria Shriver files for divorce, may pocket $200 mln

Former California Governor Arnold Schwarzenegger's wife Maria Shriver, who had filed divorce papers Friday ending their 25-years of marriage, citing irreconcilable differences, could receive $200 million under the state law.

Go Daddy Sold to 3 Investors, 'Next Level' Ahead?

Go Daddy, the internet domain Web site famous for its provocative Super Bowl commercials, has been sold to KKR & Co. and two other firms for $2.25 billion, people familiar said, according to reports.

Mariners shut out Padres 6-0, Vargas throws a gem

Seattle Mariners pitcher Jason Vargas threw a shutout game holding the San Diego Padres to only six hits earning his 3rd shutout of the season. Vargas improves to 6-5 adding seven strikeouts to his total as hi pitched all 9 innings. He became the first pitcher since Freddy Garcia in 2001 to pitch 3 shutouts in the same season.

China IPOs slow in H1

China's IPO market slowed by a fifth in the first half of 2011 amid a lack of mega deals that hit the market the year before, with fundraisings dominated by small businesses, a trend that analysts said could last for a few more months.

Apple iPhone 5 vs. Samsung Galaxy S2 Plus, Rivalry escalates

The heat is building between Apple and Samsung as issues over patent infringement filed lawsuits and accusations have sparked media attention between the two tech giant's escalating rivalry. Official injunctions were filed by Apple to try and block four of Samsung's mobile devices from hitting the U.S. market. The four Samsung devices listed were Galaxy S 4G smartphone, Infuse 4G smartphone, Droid Charge smartphone, and the Galaxy Tab 10.1. Apple's devices included iPhones and iPads....

Tour de France (Live Coverage of Opening Stage 1)

The Tour de France opening stage 1 begins today on Saturday July 2. This year's tour will feature a premier battle between defending champion Alberto Contador of Spain and runner-up Andy Schleck of Luxemburg.

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