IBT Staff Reporter

79711-79740 (out of 154943)

A strong ECB president can make a difference

When arch-hawk Axel Weber withdrew last week from the contest to head the European Central Bank, the euro and bond yields dipped -- a sign of how crucial markets think the ECB's president may be in shaping its policy.

Apple chief Jobs to live another six weeks: reports

Apple CEO Steve Jobs may have only six weeks to live, according to the US-based tabloid National Enquirer. The magazine has published photos of Jobs taken on February 8 outside Stanford Cancer Center that show Jobs looking extremely thin and frail.

BAE Systems 2010 earnings up 0.8 percent

BAE Systems reported a slight rise in full-year earnings, helped by cost savings and growth at its services and international business, which offset weakness at its land armaments unit.

Honda to recall 693,497 units globally

Japanese auto major Honda said on Thursday that it will recall more than 693,497 units of the Freed, Fit and City company models globally due to defective parts that could stall the engine and cause problems restarting.

BNP misses Q4 forecasts on AXA charge

BNP Paribas , France's biggest listed bank, missed forecasts for fourth-quarter profit on Thursday after it booked a 534 million euro ($722.6 million) charge on the value of its stake in insurer AXA .

Ex-JPMorgan star unveils Rothschild hedge funds JV

Former JPMorgan banker Bill Winters is teaming up with Lord Jacob Rothschild, a senior member of one Europe's most revered banking dynasties, to launch an asset management and hedge fund business in London.

Virgin Media posts strongest full-year results

Virgin Media posted its strongest ever full-year financial results and said it expected to maintain the performance after adding a solid number of new subscribers and extracting record customer spend.

Stock index futures mixed ahead of CPI data

Stock index futures pointed to a mixed opening on Thursday, with futures for the S&P 500 down 0.1 percent, Dow Jones futures up 0.1 percent and Nasdaq futures down 0.04 percent at 1008 GMT.

World stocks hit 30-month high

World stocks hit a 30-month high on Thursday, driven by strong corporate earnings and cautious optimism on the U.S. economic recovery from the Federal Reserve, while oil prices edged higher on growing political tensions.

JPMorgan cuts Reliance Comm target price by 49 pct

JPMorgan has slashed its target price on mobile operator Reliance Communications by 49 percent to 82 rupees, citing lower estimates for wireless and broadband segments and issues related to spectrum regulations.

Food inflation eases in early February

India's food inflation eased to a two-month low in early February on moderating prices of onions and other vegetables, amid expectations the government may announce fresh measures to boost productivity for key staples in the upcoming budget.

Australia's ASX H1 net up 2.8 percent, eyes SGX deal

ASX Group Ltd (ASX.AX) eked out a small first-half profit growth, but focus was squarely on the completion of Singapore Exchange's (SGXL.SI) $7.9 billion bid for the Australian bourse operator, a move to help the bourses fight growing competition.

Debit card fee fight returns to Congress

Visa and banks will press lawmakers on Thursday for relief from a proposed slashing of debit card processing fees, an issue that has attracted bipartisan support for softening the impact of part of the Dodd-Frank financial law.

Asia stocks up on U.S. cues, oil firm on Mideast tensions

Asian shares eked out modest gains for the second consecutive day on Thursday after the Federal Reserve offered a cautiously optimistic view of the U.S. economy, while oil prices edged higher on growing tensions in the Middle East.

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