IBT Staff Reporter

80881-80910 (out of 154943)

Debt rating agencies sending right message... at wrong time

The heightened sense of scrutiny surrounding many heavily-indebted rich nations is sending the right message about fiscal discipline but is coming at the wrong point in the recovery cycle for many countries, and could do more harm than it's worth to the global economy.

Toyota lifts guidance sharply

Toyota Motor Corp lifted its annual forecasts beyond market expectations as cost cuts and sales exceeded its plans, but a heavy reliance on exports will keep it a laggard as long as the yen stays strong.

Defense firms vie for India orders at air show

Global defense manufacturers, competing to sell products to one of the fastest growing aircraft markets in the world, are poised to unveil new products at India's biennial air show and fight it out for one of the largest export orders in the history of defense.

ArcelorMittal sees global steel rebound

ArcelorMittal , the world's largest steelmaker, forecast a faster than expected recovery in demand and prices at the start of 2011 after a margin squeeze in the fourth quarter.

Wall Street futures signal gains for stocks

Stock index futures pointed to a higher open for Wall Street on Tuesday, adding to gains from the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq up 0.1-0.2 percent by 1007 GMT.

India government hit by new telecom scandals

India's federal auditor is probing the allocation of satellite-based communication licenses, sources said on Tuesday, increasing pressure on Prime Minister Manmohan Singh as his government grapples with graft charges that threaten their stability.

Special Report: The man who sold the sky

One warm July evening three years ago, John Leahy set off along London's river Thames in an electric punt. With Leahy, a sharp and energetic New Yorker who has been Airbus sales chief since 1994, were the company's Middle East president Habib Fekih and Tim Clark, president of Emirates Airlines, one of the fastest-growing airlines in the world.

Stocks rally pauses near 29-month highs

The rally in shares and other riskier assets took a breather on Tuesday, with world stocks trading a touch below the previous day's 29-month highs while the dollar fell broadly.

UBS Q4 shows recovery still has way to go

UBS returned to a modest profit at its investment bank and struggled to attract new client money to its core wealth management operations, showing chief Oswald Gruebel still has a way to go to turn around the bank.

Toyota Q3 profit halves but lifts full-year forecast

Toyota Motor Corp's 48 percent drop in quarterly profit highlighted its exposure to a firm yen, but the world's No.1 automaker raised its full-year outlook beyond market forecasts on stronger sales projections and cost cuts.

Northrop Grumman sees India sealing $11 bln deal in '11

U.S. defence contractor Northrop Grumman expects India to seal a deal to spend $11 billion on new fighter jets by the end of this year, as it supplies fuselage and radars to manufacturers bidding for the order, an executive said on Monday.

India govt hit by two new telecom scandals - reports

India is probing two new cases involving the allocation of telecoms spectrum, increasing the pressure on Prime Minister Manmohan Singh's government already hit by a telecoms graft scandal, local media reported on Tuesday.

Recovery hopes boost Asia developed markets

Most Asian share markets struggled for traction on Tuesday, but Japan's Nikkei hit a fresh 9-month high and Australian stocks rose as hopes of a sustained recovery for the rich world encouraged investors to switch funds from emerging to developed markets.

Recovery hopes boost Japan stocks

Asian shares struggled for traction on Tuesday, despite gains on Wall Street, but Japan's Nikkei touched a 9-month high as hopes of a sustained economic recovery for the rich world encouraged investors to switch funds from emerging to developed markets.

Sprint to sell dual-screen Kyocera phone

Sprint Nextel Corp plans to sell a Kyocera Corp <6971.T> phone with two screens and Google Inc operating software, as a way to stand out in a crowded U.S. smartphone field where Apple Inc gets much of the consumer attention.

Google executive released in Egypt

Google Inc executive Wael Ghonim, who was released in Cairo on Monday, said he was kept blindfolded for two weeks while being detained by Egyptian state security.

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