IBT Staff Reporter

Greek Prime Minister George Papandreou sacrificed his finance minister on Friday and put his main socialist party rival into the job in a bid to force through an unpopular austerity plan to avert bankruptcy.

The fashion label goes Baroque

Saudi women took to the streets today to contest a fatwa banning women from driving. International media reported that there was none of the expected retaliation from Saudi police forces, expected by many analysts to blow the situation up into something more befitting an Arab nation in the Jasmine era.

What followed after the 2011 NHL Stanley Cup is the underlying question whether the system ignored the lessons learned from the riot of 1994 in Vancouver.

Stock index futures pointed to a rise of nearly 1 percent at the market open on Friday after French President Nicolas Sarkozy hinted at a deal to resolve the Greek debt crisis that has hampered equities and worried investors over a possible credit dry-up.

Mexican Central Bank Governor Agustin Carstens, a contender to head the International Monetary Fund, said on Friday that it would be premature for him to comment on whether he earned Japan's support for his bid to become head of the fund.

Repeating the historic riots which occurred in Vancouver's downtown area on June 14, 1994, after the Canucks lost in the seventh game of the Stanley Cup final in New York against the Rangers

Xunlei Ltd, a Chinese Internet platform company in which Google Inc has a small stake, decided to postpone its initial public offering of up to $200 million in the United States because of unfavorable market conditions, IFR reported on Friday, quoting a source with knowledge of the decision.

Stock index futures rose sharply on Friday after French President Nicolas Sarkozy hinted at a deal to resolve the Greek debt crisis that has hampered equities and worried investors over a possible credit dry-up.

World number one Rafael Nadal will set about defending the Wimbledon title in his opener against American Michael Russell, while in the women's draw, holding champion Serena Williams opens against Aravane Rezai, while top seed Caroline Wozniacki starts off against Arantxa Parra Santonja.

World number one Rafael Nadal will set about defending the Wimbledon title in his opener against American Michael Russell, while in the women's draw, holding champion Serena Williams opens against Aravane Rezai, while top seed Caroline Wozniacki starts off against Arantxa Parra Santonja.

Greek Prime Minister George Papandreou sacrificed his unpopular finance minister on Friday and put his main socialist party rival into the job in a bid to force through an austerity plan to avert bankruptcy.

Stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 up 0.27 percent, Dow Jones futures down 0.15 percent and Nasdaq 100 futures up 0.23 percent at 5:50 a.m..

Samsung Electronics and other Asian technology stocks tumbled on Friday on fears the sputtering global economy will crimp demand for computers and TVs and hurt earnings at chip and panel makers for the rest of the year.

Champions Manchester United have a tough first few weeks in the 2011-12 season as they face three sides in the top six in the first five matches.

Capital One Financial Corp plans to buy ING Groep NV's U.S. online bank for $9 billion in cash and stock, freeing the Dutch bank to repay bailout funds and sever its state ties.

Xunlei Ltd, a Chinese Internet platform company in which Google has a small stake, decided to postpone its initial public offering of up to $200 million in the United States because of unfavorable market conditions, IFR reported on Friday, quoting a source with knowledge of the decision.

World commodity prices will keep up their relentless push higher this decade compared to previous years, supported by burgeoning demand for food and fuel as well as knock-on effects from energy costs, the FAO and OECD said.

Greek Prime Minister George Papandreou appointed a new finance minister Friday in a reshuffle to muster support for harsh economic reforms that have stoked violent unrest and split his ruling party.

Research In Motion's quarterly profit dropped and revenue missed its own limp forecast, forcing the BlackBerry maker to slash its outlook and sending its shares down 15 percent on Thursday.

Japanese car major Toyota Motors today said that it expects North American vehicle production levels to return to 100 percent in September. Production is recovering earlier than originally anticipated following the March 11 earthquake and tsunami in Japan.

Saudi women are coming out in droves today in the Muslim holy land to protest the ban by getting behind the wheel and cruising.

Latin America is getting the upper hand on inflation that once ravaged the region but central banks in some of Asia's heavyweight economies are having a tougher time.

When natural gas prices dropped by 8 percent in a matter of seconds in the early hours of Asian trade last week, one New York-based hedge fund manager said he didn't have to think twice.

Key South Korean technology stocks Samsung Electronics and Hynix Semiconductor lost ground on Friday as the earnings outlook for the world's No.1 and 2 memory chip makers continued to worsen.

Three years after what the Pentagon called the most significant breach of U.S. military networks ever, new versions of the malware blamed for the attack are still roiling U.S. networks, Reuters has learned.

When Sony, Ninetento and Lockheed Martin are getting hacked, what about the small businesses?

Software widely used in China to help run weapons systems, utilities and chemical plants has bugs that hackers could exploit to damage public infrastructure, according to the U.S. Department of Homeland Security.

Bank of America Corp still doesn't know exactly what damaging documents Wikileaks could have about it, the largest U.S. bank's chief information officer said on Thursday.