IBT Staff Reporter

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De Beers returns to profit, remains cautious

De Beers, the world's largest diamond producer, returned to a profit in 2010 as production rose 34 percent and diamond prices recovered to pre-crisis levels, although it remains cautious about the market this year.

Charles Taylor allowed to appeal over documents

Former Liberian president Charles Taylor, who boycotted his war crimes trial for a third day on Friday, was granted the right to appeal over key documentation for a case that has drawn international interest.

Top 5 Global Food and Beverage Brands

Global brands create powerful enduring relationships with consumers across different countries and cultures. They give buyers a sense of security, trust, and familiarity.

Pakistani police: US shooter committed murder

A diplomatic standoff between America and Pakistan may intensify after a Pakistani police official said the police will recommend murder charges for American diplomat Raymond Davis for committing a “clear murder” of two Pakistanis last month.

Trade gap widens in Dec, swells 33 percent in 2010

The U.S. trade deficit widened in December to its highest level in four months, the U.S. government said on Friday in a report that also showed the annual trade gap expanded nearly 33 percent in 2010 as imports from China hit record levels.

Obama says Egypt transition unclear, urges step-by-step plan

President Barack Obama said late Thursday it was not yet clear how Egypt's government is moving to transfer authority, on the same day when Egyptian President Hosni Mubarak said he would be handing some of his powers to his vice president but would remain in office until September's elections.

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