More From IBT Staff Reporter
Unusual Mets lineup beats Pirates, 7-3
Daniel Murphy, Justin Turner, Dillon Gee and Ruben Tejada keyed the New York Mets' win over the Pittsburgh Pirates yesterday--and perhaps gave fans a glimpse of the future.
May 31, 2011
Pippa's got pep: Pippa Middlton watches French Open 2011 [PHOTOS]
Pippa Middleton, sister of Duchess of Cambridge, Kate Middleton, enjoyed some tennis matches at the 2011 French Open tournament at the Roland Garros stadium in Paris.
May 31, 2011
Google says Chrome to power only notebooks for now
Google Inc will keep the focus of its Chrome operating system on notebooks, and has no immediate plan to make it available on tablets or to merge with its popular Android software for smartphones, said a senior executive.
May 31, 2011
Price To Buy Gold Stays Flat, Greek Restructuring Not An Option As Talk Turns To New €60bn Aid Package
Gold continued to trade in a tight range Tuesday morning around $1538 per ounce - just over 2% off its all-time high - after a flat day on Monday as the UK and US had official holidays.
May 31, 2011
Wall Street to open higher on Greek bailout hopes
Stocks were set for a higher open on Tuesday as the euro rose against the dollar and commodities prices climbed on optimism that new aid for Greece was on the horizon.
May 31, 2011
Home price index falls to double-dip in March: S&P
Single-family home prices dropped into double-dip territory in March as the housing market remained bogged down by inventory and weak demand, a closely watched survey said on Tuesday.
May 31, 2011
Intel Ultrabook, a tablet-like laptop under $1,000, available 2011 winter
Intel announced at Computex the debut of an entirely new category of laptops called Ultrabooks, which will combine the best qualities of MacBook Air and those of iPad.
May 31, 2011
Broadcom sees NFC technology as future main revenue driver
U.S. chipmaker Broadcom Corp expects near-field communications wireless technology to be a main revenue driver in coming years, a senior executive said on Tuesday, when it becomes more of a norm for consumers use their handphones to make payments.
May 31, 2011
Jersey Shore's Snooki taken into police custody in Florence
TMZ is reporting that reality television star Nicole Snooki Pollizi was taken into custody in Florence, Italy yesterday after crashing into a police car.
May 31, 2011
Uniqlo sees boost from light clothing in power-starved Japan
Fast Retailing Co <9983.T> Japan's leading apparel chain, said it expected a sales boost from shoppers seeking lighter clothing this summer as temperatures rise and half the nation turns its air conditioners on low to conserve power.
May 31, 2011
Twitter's plan to launch photo sharing is sure to antagonize developers
Micro-blogging site Twitter is planning to launch a built-in photo sharing feature which will put the future of twitter apps like Twitpics and Yfrogs in limbo and will place its third-party developers in a quandary as to which apps to write for Twitter.
May 31, 2011
Met's star drops out of Japan tour, fear of radiation
Metropolitan Opera star, Anna Nebtrebko, dropped out of the Met's Japan tour after concerns for her health and safety.
May 31, 2011
Intel upbeat on 'Ultrabook'
Intel introduced a new class of mobile computers,’ Ultrabook’ taking cues from Apple’s iPad and MacBook Air, to beat the market of tablets
May 31, 2011
Anne Muir on probation for illegally sharing music files online
Anne Muir, the first Scot person to be convicted for illegally sharing music files online, has been given three years probation.
May 31, 2011
Europe weighs options for new Greek package
European officials met on Tuesday to sketch out options for a second bailout package for Greece, with private sector participation still under discussion to help relieve the country of its massive debt burden.
May 31, 2011
Nokia warns on Q2, drops FY targets
Nokia, the world's biggest phone maker by volume, warned on Tuesday that sales and margins would fall well below its previous guidance and dropped its full-year outlook, sending its shares down 10 percent.
May 31, 2011
Swatch Group may struggle to hit 2011 sales guidance
Swatch Group, the world's largest watchmaker, will struggle to meet its 2011 sales guidance of 7 billion Swiss francs ($8.23 billion) if the franc remains at such high levels, Chief Executive Nick Hayek said.
May 31, 2011
Greek bailout optimism lifts stock futures
U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was on the horizon.
May 31, 2011
Euro zone May inflation slows, ECB rate rise still seen
Euro zone inflation slowed in May largely thanks to lower oil prices, but the dip is likely to be temporary and will not stop the European Central Bank from raising interest rates in July.
May 31, 2011
VW motors ahead with MAN-Scania truck merger plan
German carmaker Volkswagen formally launched its bid for MAN on Tuesday, in a move toward creating Europe's biggest truckmaker.
May 31, 2011
Stock futures climb on Greece bailout hopes
U.S. stock index futures advanced on Tuesday as the euro rose against the dollar and commodity prices jumped on optimism that new aid for Greece from the European Union was in the offing.
May 31, 2011
Euro zone inflation slows in May, April unemployment flat
Euro zone consumer prices grew slower than expected in May, though remained well above the European Central Bank's target, data showed on Tuesday, while unemployment held steady in April for the third month.
May 31, 2011
Intel unveils laptops that include tablet features
Intel unveiled a new category of laptops that it says will include the best features of tablets as the world's top chipmaker struggles to find its footing in the exploding market for mobile gadgets.
May 31, 2011
India's economy grows slowest in five quarters
India's economy grew at its slowest annual pace in five quarters in January to March, as rising interest rates crimped consumption and investment, which some analysts say could temper the pace of central bank tightening to tackle inflation.
May 31, 2011
Karzai seeks to limit NATO airstrikes
The NATO airstrikes in Afghanistan will now be limited and no attacks on houses be allowed, said Afghan President Hamid Karzai.
May 31, 2011
Greece, troika agree on lower VAT rate: report
Greece and a team of EU, IMF and ECB inspectors reviewing the country's economy have agreed on a value-added tax cut to help achieve a broader political consensus on more austerity, a Greek newspaper said on Tuesday.
May 31, 2011
BOJ offers more loans for growth sector, may expand scheme
The Bank of Japan's loan scheme targeting growth industries drew solid demand on Tuesday, pushing its cumulative lending to just 60 billion yen ($740 million) from a 3 trillion yen cap and paving the way for debate within the board about expanding it.
May 31, 2011
Emerging states working on IMF candidate: South Africa
Emerging nations are still conducting lots of consultations about choosing a candidate from their ranks to head the International Monetary Fund, South African Finance Minister Pravin Gordhan said on Tuesday.
May 31, 2011
Dexia to seek new terms from European Commission
Franco-Belgian financial group Dexia is to hold talks with European Union regulators in the coming days to amend a restructuring plan which it agreed to after receiving a bail-out in 2008.
May 31, 2011
Moody's: No progress on Japan fiscal policy consensus
Moody's Investors Service said on Tuesday it has seen no progress on a consensus between Japan's government and opposition on fiscal policy, suggesting that a sovereign debt rating downgrade was likely after it completes a review within the next three months.
May 31, 2011
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