HSBC scales back targets as profits soar
HSBC <0005.HK> scaled back some of its financial targets on Monday as Europe's biggest bank posted a surge in annual profits.
Coal India hikes prices, sees $1.4 bln added revenue next year
Coal India, the world's largest coal miner, said it would get $1.4 billion in additional revenue in the next fiscal year from a revision in coal prices announced on Monday, sending its shares up more than 11 percent.
China police assault reporters at rally site
Reporters were among those assaulted in an aggressive crack down launched by Chinese security personnel in Beijing during the weekend to thwart a call for public rallies.
The 5 Most Prominent Management Trends of the 21st century
Based on a survey by Harvard Business School publication Working Knowledge, conducted among reputed faculty at the School, here are five areas or trends which are emerging as key influencers of business and management in the 21st century.
Pranab unveils budget, to bring in food bill for poor
The finance minister announced on Monday a food security bill for 2011/12, a measure that would provide cheap grains for millions of poor but which has sparked worries of a huge fiscal cost.
Economists list U.S. budget deficit as No. 1 worry
The massive U.S. budget deficit is the gravest threat facing the economy, topping high unemployment and the risk of inflation or deflation, according to a survey of forecasters released on Monday.
HIGHLIGHTS - Budget 2011/12 presented to parliament
Finance Minister Pranab Mukherjee on Monday presented to parliament India's federal budget for the coming financial year beginning in April.
China January rare earth export surges five fold
The value of China's exports of rare earth ore, metals and compounds in January jumped nearly fivefold, or 376 per cent, from a year earlier to $148.3 million.
BMW targets to produce 300,000 i3 electric cars annually
German carmaker BMW aims to produce around 30,000 units of its electric i3 model annually, reported Automotive News.
Google fixing Gmail bug
Google is currently busy fixing a Gmail bug that has hit more than 100,000 users by erasing email, chat, contacts and personal details.
Asia shares up but more emerging market outflows
Asian shares rose on Monday as financial shares clawed back some of last week's losses and higher oil prices buoyed energy stocks, but gains were capped by fears of further outflows from emerging equities to developed markets.
Shares dip as emerging Asia outflows may persist
Asian shares on Monday slipped back toward a three-month low hit last week, with emerging Asian equities seen likely to keep lagging developed markets as investors fret about risks from inflation.
Oil up over $114 as supply woes persist after Libya cuts exports
Brent crude rose more than $2 a barrel to a high of $114.50 on Monday as concern persisted about security of supply from the Middle East and North Africa even after top exporter Saudi Arabia boosted supply to meet the shortfall caused by a cut in exports from Libya.
Oil over $114 as supply woes persist after Libya cuts exports
Brent crude rose more than $2 a barrel on Monday as concern persisted about security of supply from the Middle East and North Africa even after top exporter Saudi Arabia boosted supply to meet the shortfall caused by a cut in exports from Libya.
Japan January output up, economy on track for recovery
Japanese factory output rose in January for a third straight month and manufacturers expect further gains in coming months, a sign that the economy is on track for a moderate export-driven recovery.
High tech, medieval weaponry combine in trebuchet competition
In a mashup of 12th-century weaponry and 21st-century technology, employees of an area Google Data Center triggered a 6-foot wooden siege weapon this weekend with an Android cell phone, a computer the size of a credit card and a Blue Tooth receiver.
Groupon enters into China, teams with Tencent
Daily-deals website Groupon goes live in China on Monday, bringing its popular brand of Internet retail to the world's most populous nation.
Brent oil jumps more than $1 to near $114 on Libya
London crude prices extended gains by more than $1 to near $114 a barrel in electronic trade on Monday, as worries over the worsening situation in Libya fed spreading unrest in the Middle East and stoked fears of a disruption of oil flows in the region.
Groupon kicks off China push, teams with Tencent
Daily-deals website Groupon goes live in China on Monday, bringing its popular brand of Internet retail to the world's most populous nation.
Carling Cup Final - Can Arsenal survive this morale-puncturing loss?
The loss against Birmingham City in the Carling Cup final will be the biggest test of the young Arsenal side's mental strength.
83rd Annual Academy Awards live coverage
Join International Business Times for live coverage of Hollywood's biggest night.
Motorola sues TiVo over DVR technology
Motorola Mobility sued TiVo Inc for infringing its patents for digital video recorders .
Oil spike may split Fed and ECB
The Federal Reserve and European Central Bank may go their separate ways if Middle East unrest provokes a sustained, inflationary oil price spike.
Warren Buffett's enthusiasm for U.S. could boost markets
Warren Buffett is going long on America, and investors are likely to take note when markets open on Monday.
Possible pullback on high oil
On Wall Street they wonder: Was that it? Is the pullback over?
Ashley Cole shoots Chelsea intern with an Air Rifle
According to a report in the News of the World, Chelsea left-back Ashley Cole shot a work experience boy at the club with an air rifle while larking around with it.
China's Wen puts social stability at heart of economy
Fighting inflation is a priority for China and the government must ward off threats to social stability stemming from rapid price increases and pressure to raise the value of the yuan, Premier Wen Jiabao said on Sunday.
Civilian tales of Libya & Egypt protests immortalized in crowdsourced documentaries
Civilian accounts of the ground reality in Libya and Egypt are set be immortalized through two crowd-sourced documentaries: 'One Day On Earth' and '#18DaysInEgypt.'
China's Wen puts social stability at heart of economy
Fighting inflation is a priority for the government in China where rapid price rises and pressure to sharply raise the value of the yuan are a threat to social stability, Premier Wen Jiabao said on Sunday.
China's Wen says price rises threaten social stability
Rapid price rises in China have affected social stability, Chinese Premier Wen Jiabao said on Sunday, telling citizens that taming inflation is a government priority that he is sure can be met.