IBT Staff Reporter

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Buffett-backed carmaker BYD raises $219 million in China IPO

Warren Buffett-backed Chinese carmaker BYD Co Ltd <1211.HK> will raise a less-than-expected 1.42 billion yuan ($219 million) in its initial public offering in Shenzhen, weighed down by weak investor sentiment and worries over its poor performance.

Spams clog Amazon's online bookstore

A wave of spam clogged Kindle, the online bookstore, with material that is not only unworthy of reading but also poses threat to Amazon.com Inc’s push into self-publishing.

Boeing hits back at Airbus over A350 plan

Boeing dismissed a challenge by Airbus to its largest twinjet aircraft on Sunday after the European jetmaker delayed the launch of the A350-1000 to develop a bigger engine.

New elongated Boeing 747 lands at Paris Air Show

Boeing Co's 747-8 Intercontinental, the new elongated passenger version of its legendary jumbo jet, made its international debut on Sunday, under cloudy skies after a half-hour delay due to wind.

IHI, M'bishi Heavy to help make Airbus engine: report

Japan's IHI Corp <7013.T>, Mitsubishi Heavy Industries <7011.T> and Kawasaki Heavy Industries <7012.T> will help develop Airbus's aircraft engines by providing their carbon fiber-related technologies, the Nikkei business daily said on Sunday.

Sega says 1.3 million users affected by cyber attack

Japanese video game developer Sega Corp said on Sunday that information belonging to 1.3 million customers has been stolen from its database, the latest in a rash of global cyber attacks against video game companies.

Greeks protest, almost half oppose austerity

Thousands of Greeks marched on parliament on Saturday in a show of unabated public anger after Prime Minister George Papandreou vowed to push on with an austerity campaign that a poll showed half the country opposed.

A TV that emits scented fragrance? Yes, doable!

Suppose a beautiful lady walks by on your TV screen. What if they not only trigger your emotions and minds through your senses of sight or sound but your sense of smell as well? What if you actually smell her perfume? Is it possible? “Yes, it is quite doable.”

New engine glitch hampers A400M Paris debut

Europe's delayed and over-budget military transport plane suffered yet another embarrassing setback on Sunday when manufacturer Airbus was forced to curtail its debut appearance at the Paris Air Show.

Smartphone designs that maybe cooler than the iPhone 5 (Photos)

Designers have looked to Apple for cool inspiration in Smartphone development since the launch of the original iPhone. With many speculations around the upcoming iPhone 5, many are anxiously awaiting for each and every image leak on Apple's latest design.

World’s top 10 favorite foods

Oxfam, a UK based international aid group, released its interesting findings from a new global food survey, which pointed that globally there are two major reasons why people change their diets: rising price of food or health reasons. In addition, the public opinion poll report highlighted world's top 10 favorite foods.

EADS says Europe needs only one drone

Europe needs to co-operate on the next generation of military drones or it will repeat costly divisions which led to rival combat jets competing for the same orders, aerospace group EADS warned on Sunday.

ESPN says it's official: It stinks to be a Mets fan

The poor trades, the bad contracts, the ticket price hikes, the season collapses--everyone knows it can be hard to be a New York Mets fans. ESPN quantified it in the recently released 2011 Ultimate Team Standings.

Opposing Sides Of Immigration Debate Hold Dueling Protests In New York

Leaders from both sides of the immigration debate traded barbs over a controversial bill that would allow immigration judges to have the authority to determine if the illegal immigrant parents of children who, having been born in the United States, are American citizens should be ordered removed or deported from the U.S.

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