IBT Staff Reporter

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No immediate fiscal crisis in Japan: rating agencies

Japan will suffer severe economic costs from Friday's devastating earthquake and tsunami but ratings agencies Moody's and Standard & Poor's said they did not anticipate changing their ratings stances as a result.
Mar 14, 2011

Top 10 nuclear energy producers

Threat of a possible meltdown at Fukushima Daiichi nuclear plant in Japan has placed the roadmap of nuclear power as a source of energy on the back foot.
Mar 14, 2011

Clinton to Meet Libya Opposition at G8 Paris Talks

Secretary of State Hillary Clinton will meet with members of the Libyan opposition in Paris on Monday as she takes part in a broader Europe and Northern Africa Trip where she will also visit Egypt and Tunisia.
Mar 14, 2011

Pre-market M&A Deals on March 14 (BRK.A, LZ, LLY, JNJ, AMSC, INTC, ETN)

Warren Buffett's Berkshire Hathaway said it has agreed to acquire additives maker Lubrizol for $135 a share in cash, or $9 billion, making it one of the largest acquisitions in its history. Eli Lilly and Co. announced that it has made an irrevocable, unconditional offer to acquire the animal health business of Belgium-based Janssen Pharmaceutica NV, a Johnson & Johnson Co.
Mar 14, 2011

Japan concerns send world stocks to 6-week low

World stocks fell to a six-week low on Monday, driven by a 7.5 percent fall in Japanese stocks, while oil tumbled as concerns grew about the economic damage from Japan's earthquake and tsunami.
Mar 14, 2011

FA Cups sets up Manchester Derby semi-final

Manchester City ensured a Manchester derby at Wembley in the FA Cup semi-final after securing a 1-0 win over Reading in the quarter-finals on Sunday, after city-rivals United had progressed with a 2-0 win over Arsenal on Saturday.
Mar 14, 2011

Metro economies grow but job growth slow: report

The economies of the biggest U.S. metropolitan areas began to grow again by the end of last year, but the recovery was slow, uneven and inconsistent and failed to spur much jobs growth, according to a study by the Brookings Institute released on Monday.
Mar 14, 2011

China aims to host 500,000 international students by 2020

A top official from the Chinese education ministry at the Going Global Conference in Hong Kong announced that the country plans to turn itself into a hub for international education and take its international student population to 500,000.
Mar 14, 2011

Japan manufacturers tumble on quake uncertainty

Shares in Japanese manufacturers tumbled in the aftermath of Friday's devastating earthquake, as companies struggled to gather information from the stricken area and investors worried production could be hobbled for an extended period.
Mar 14, 2011

Japan's shipping, steel, energy start trudge back from

Japan's metals and energy sectors were grappling on Monday with power outages and raging fires unleashed by last week's devastating earthquake, but some ports and steel furnaces shut in a protective move reopened.
Mar 14, 2011

Berkshire Hathaway to buy Lubrizol for $9 billion

Billionaire Warren Buffett's Berkshire Hathaway Inc agreed to buy chemical and lubricant maker Lubrizol Corp for $9 billion in cash, two weeks after he revealed the company's plans to use its huge cash pile on deals.
Mar 14, 2011

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