IBT Staff Reporter

67441-67470 (out of 154953)

Wall Street set for lower open on Greece concerns

U.S. stocks were set for a lower open on Monday as a delay in emergency loans to Greece and a possible downgrade of Italy's credit rating rekindled fears about the euro zone debt crisis, pushing investors out of riskier assets.

Apple iPhone 5 vs Android's 'band of 5'

When Apple arrives in September at the iPod refresh event, or as some tech websites surmise that September 7 could be the day, Apple will meet a band of five stellar Android smartphones - Samsung Galaxy S 2, HTC Sensation, EVO 3D, Motorola Photon and Atrix.

Stock futures weighed down by Greece loan delay

Stock index futures fell on Monday as a delay in emergency loans to Greece and a possible downgrade of Italy's credit rating rekindled fears about the euro zone debt crisis, pushing investors out of riskier assets.

Panasonic sees annual profit down 11 percent after quake

Japan's Panasonic Corp forecast on Monday its full-year operating profit would drop 11 percent to 270 billion yen ($3.4 billion) in the year to March 2012, after the earthquake and tsunami in northern Japan hit production and sales.

U.S Government: Hackers to face stricter sentences

In the wake of the revelation that both the U.S. Senate and CIA's websites were hacked, the White House has called for stricter sentences for any hacker caught breaking into a government's private computer networks.

OECD's Gurria sees no global double-dip slump

The world economy is slowing down due to a combination of factors such as the euro zone's debt problems and a weak U.S. housing sector, but it is not headed for a double-dip slump, the head of the OECD said on Monday.

Citi says Greek debt may be contagious

Greece's debt crisis may be contagious and poses one of the biggest risks to global financial markets alongside Middle East uprisings, Citigroup's Chief Risk Officer told Reuters.

World stocks hit by Greek loan delay

World stocks, the euro and crude prices fell on Monday and bond yields in heavily indebted euro zone countries jumped after the region's finance ministers delayed a final decision on extending emergency loans to Greece.

Sexy Tunisian tourism ads turn heads in Europe

Hard-pressed for liquidity, Tunisia's interim government, along with Cherif, are ready to shock Europe-- once the primary market for Tunisian tourism-- into returning to its sun-kissed Mediterranean beaches.

Moody's cuts nuclear operator Tepco rating to junk status

Moody's Investors Service cut its credit rating on Tokyo Electric Power Co to junk status on Monday and kept the operator of Japan's crippled nuclear power plant on review for possible further downgrade, citing uncertainty over the fate of its bailout plan.

Greek aid delay hits world stocks

World stocks, the euro and crude prices fell on Monday and bond yields in heavily indebted euro zone countries jumped after the region's finance ministers delayed a final decision on extending emergency loans to Greece.

Japan more optimistic on economy, but trade disappoints

The Japanese government upgraded its view of the economy's performance and outlook for the first time in four months on Monday, but disappointing export data showed that the recovery from the March earthquake and tsunami would be anything but smooth.

Qatar kicks off air show with Boeing order

Airbus and Boeing were set to announce several billion dollars' worth of plane orders on Monday as industry heavyweight Qatar Airways leaped in to kickstart a rain-sodden opening to the Paris Air Show.

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