IBT Staff Reporter

81211-81240 (out of 154943)

California court says free internet porn is legal

Free internet porn is not illegal and is not competing with other premium websites, who charge a bomb to have access to premium sites, according to a California Appeals Court, which has dismissed a case against one free site, Redtube.com, as an unfair attack on free speech.

Profit boom puts pressure on miners to hand back cash

Top global miners are set to report a doubling in profits for the December half, thanks to booming iron ore and copper sales, sparking calls for fat cash returns to shareholders as the major miners run out of takeover opportunities.

Volvo profit lags as output hike hits snag

World number two truck maker Volvo posted a smaller-than-expected rise in fourth-quarter earnings on Friday, hit by problems as output was ramped up to meet a strong rise in demand.

Nippon-Sumitomo merger stirs hope for steel shakeup

Plans by Nippon Steel Corp <5401.T> and Sumitomo Metal Industries <5405.T> to create the world's No. 2 steelmaker fanned expectations of further consolidation in the fragmented industry, sending Japanese steelmakers shares surging on Friday.

LVMH record year fuelled by growing China appetite

LVMH , the world's biggest luxury group, posted a 13 percent rise in fourth-quarter comparable sales boosted by Chinese shoppers' growing appetite for luxury goods and a steady rise in discretionary spending.

Stocks rise, bonds slip before U.S. payrolls

World share prices rose while bonds fell on Friday as investors positioned for the possibility of strong U.S. jobs data, which would bolster the view of a recovering global economy and further boost riskier assets.

LVMH has record year as luxury bounces back

LVMH, the world's biggest luxury group, beat forecasts with a 13 percent rise in fourth-quarter comparable sales, boosted by a strong Christmas, and raised its dividend 27 percent on the back of a record year.

Efforts to calm inflation disappoint farmers

India's efforts to calm inflation by allowing easier imports and restricting exports of key foodstuffs are disappointing farmers who are keen to exploit global high prices and say structural reforms are the way ahead.

India-Iran oil payments dispute resolved

The government has resolved a month-long payments dispute with Iran over oil shipments, a source at the oil ministry said on Thursday, by allowing a domestic bank to handle payments in euros with a Germany-based counterpart.

Volvo profit lags forecast, raises outlook

World number two truck maker Volvo posted a smaller-than-expected rise in fourth-quarter earnings on Friday, hit by problems as output was ramped up, but raised its market outlook for its main markets.

Employment seen gaining speed

Employment probably shifted into a higher gear in January to post a fourth straight month of gains, offering more evidence of a broadening economic recovery, though the jobless rate likely rose.

Academics want science minister in Mubarak regime to continue

Director of the German Academic Exchange Service (DAAD) in Cairo tells Nature magazine that it would perhaps be in the interest of scientific pursuit in the country if Minister of Higher Education and Scientific Research Hany Helal continues to remain in office.

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