IBT Staff Reporter

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HSBC, Citi given nod to underwrite China corporate debt

The China units of HSBC Holdings and Citigroup Inc have won initial approval to underwrite corporate debt in China, paving the way for them to be the first foreign banks to win the coveted licenses, sources told Reuters on Thursday.

Liverpool fans unhappy with 'Blue' third kit

Sections of Liverpool fans are in uproar after their new third kit had a tinge of blue on it, with comments on the club's official website indicating certain displeasure at the 'Reds' having to wear blue.

Stock index futures signal dip

Stock index futures pointed to a lower open on Wall Street on Thursday following the previous session's sharp losses, with futures for the S&P 500 down 0.21 percent and Dow Jones futures down 0.24 percent, while Nasdaq 100 futures were up 0.08 percent at 0941 GMT (5:41 a.m. ET).

Unique Photo: Lunar Eclipse on Long Exposure, Earth’s shadow moves!

A lunar eclipse occurred on June 15, 2011 visible throughout the world and one of the longest viewable in over a decade. A unique photo was taken in Malaga, Spain, one of the southern most cities in the country. The photo was taken using long exposure to trace the movement of the lunar eclipse over time.

Sony’s playstation network was a victim of Lulzsec vs. 4chan hacker civil war

With the E3 gaming conference in Los Angeles having just passed last week, the gaming community is still in an uproar but not over new games or consoles. It's currently caught in the crossfire of a hacker civil war between two prominent hacker groups, Lulzsec and Anonymous. A conflict that is almost beginning to look like a story straight out of a Scorsese film.

Germany not insisting on bond swap for Greece: report

Germany is no longer insisting on a bond swap that would extend Greek debt maturities by seven years as it pushes for a contribution from private bondholders to a new aid deal for Athens, the Financial Times reported.

Asia stocks slide on Greece discord

Asian stocks slid to their lowest level in nearly three months on Thursday and the euro wobbled as Greece's debt troubles deepened and fresh U.S. data indicated its economic soft patch could drag on longer than expected.

Alibaba splits Taobao into 3 firms

Alibaba Group said on Thursday it has reorganized Taobao, China's largest e-commerce website, into three separate companies to better capture opportunities in the industry.

Hackers disrupt 41 Malaysian government websites

At least 41 Malaysian government websites were hacked into overnight but no personal or financial data were compromised, government officials said on Thursday, as the Southeast Asian nation becomes the latest target of a cyber-war waged by the activists.

Toshiba, HP to tie up on cloud services

Japan's Toshiba Corp said on Thursday that it and Hewlett Packard Co will tie up on cloud computing services to support public networks ranging from power, water and gas services to information technology systems.

Talks to continue past midnight to avert strike at Macy's

Talks between the union representing 4,000 workers at four New York City area Macy's Inc stores, including its Herald Square flagship, and the company could continue past the midnight deadline on Wednesday to avert a strike at Macy's for the first time since 1972.

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