IBT Staff Reporter

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Boeing says may have decision on 737 by end of year

Boeing Co is aiming to make a decision on whether to re-engine or redesign its 737 narrowbody by the end of the year, but it is not making any promises, the chief executive of Boeing's commercial airplanes division said on Sunday.

Premier urges Greeks to avoid catastrophic default

Prime Minister George Papandreou, besieged by public protests and dissent in his own party, appealed to Greeks on Sunday to support deeply unpopular austerity reforms and avoid a catastrophic bankruptcy.

Line drawn in U.S. stocks' battle

The S&P 500's 200-day moving average marks the line in the sand as the bulls and the bears fight over the U.S. stock market's direction. It will face one of its stiffest tests this week with Greece's debt crisis appearing to reach a climax.

Boeing says can win Air France orders: report

Boeing is confident it can win a significant slice of orders from Air France-KLM despite recent political pressure favoring rival Airbus, the U.S. planemaker's chief executive told a French newspaper.

Ten Features iPhone 5 Must Have to Rival Android Craze

After a two-month long wait and disappointment of not hearing anything about the next generation iPhone in its annual Worldwide Developers Conference (WWDC), iPhone fans will finally see iPhone5 launch in the first week of September.

Sega confirmed 1.29 million data breach, LulzSec the Dreamcast lover will hunt down the hackers

Sega, the latest victim of hackers, has confirmed on Saturday that personal data of 1.29 million customers was stolen. Just a day before, Sega announced that they had identified that unauthorized entry was gained to their SEGA Pass database, accessing customers' names, e-mail addresses, dates of birth and encrypted passwords. Sega immediately isolated the location of the breach to protect the data, and launched an investigation.

Trichet warns of widening global imbalances

European Central Bank President Jean-Claude Trichet on Sunday raised concern about widening global imbalances after the financial crisis, calling them one of the main challenges for the global economy.

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.

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