More From IBT Staff Reporter
Euro zone starts talks on EFSF tweaks, decisions later
Euro zone finance ministers discussed on Monday having more money in their rescue fund and cheaper emergency loans as part of a package of measures to end the sovereign debt crisis, but they made no firm decisions.
Jan 17, 2011
IBM and ARM Team Up On Semiconductor Technology
Looking to create technologies for next generation of mobile devices.
Jan 17, 2011
Study: iPad Users Prefer Ad-Supported Apps
Most iPad users prefer free content or ad-supported apps.
Jan 17, 2011
Wal-Mart bid for Massmart approved, boycott looms
South African retailer Massmart's shareholders have accepted a takeover by U.S. group Wal-Mart , setting up the world's largest retailer for a potential battle with local unions.
Jan 17, 2011
Corrected: Apple's Steve Jobs takes second medical leave
(Corrects COO Tim Cook's first name)LONDON/SAN FRANCISCO - Apple Chief Executive Steve Jobs is taking medical leave for the second time in as many years, sending shares tumbling close to 10 percent as the news revived concerns over the long-term future of the iPhone- and iPad-maker.
Jan 17, 2011
Update: Sony Court Docs Show PS3 Hacker Was In California
Sony has filed several documents with the courts in California in an effort to show that the courts there have jurisdiction over a hacker who publicized a jailbreak for the Playstation 3 console.
Jan 17, 2011
Caution sets in after BP-Rosneft deal
Investors and analysts gave a cautious welcome to BP's share swap and Arctic exploration deal with Russia's Rosneft , saying that any return is likely a long way off.
Jan 17, 2011
Arizona shooter was apolitical, former friend says
While nearly half of the U.S. public said in a recent poll that accused Arizona shooter Jared Loughner's political views were a factor in the Tucson Massacre, the accused gunman was apolitical, a former friend said.
Jan 17, 2011
Spotlight is on Republican House leaders
The Republican-controlled House of Representatives returns to work tomorrow and the first thing on its agenda is repeal of the Obama administration's health care reform.
Jan 17, 2011
Australian Open day one review
World No. 2 Roger Federer cruised into the second round, along with Novak Djokovic and Andy Roddick while in the WTA, World No. 1 Caroline Wozniacki, Maria Sharapova, Justin Henin and Venus Williams all progressed.
Jan 17, 2011
Senators threaten currency bill ahead of Hu visit
A group of senators, on the eve of Chinese President Hu Jintao's arrival in the United States, said it was vital Congress pass legislation to get tough with China over its currency practices.
Jan 17, 2011
Haiti urged to arrest Baby Doc amid unrest fears
Rights groups on Monday demanded Haiti arrest former dictator Jean-Claude Duvalier for crimes against humanity after his surprise return from 25 years in exile, which strained an edgy political atmosphere in the volatile Caribbean state.
Jan 17, 2011
Peacekeepers fire shots to disperse Ivorian crowd
U.N. peacekeepers in Ivory Coast fired warning shots into the air to disperse angry supporters of incumbent leader Laurent Gbagbo on Monday, and police fired return shots skywards in an incident that left three wounded, witnesses said.
Jan 17, 2011
Prosecutors detail sex probe against Berlusconi
A significant number of young women prostituted themselves with Italian Prime Minister Silvio Berlusconi, prosecutors investigating him said in a document made public on Monday.
Jan 17, 2011
Lebanon prosecutor files Hariri killing indictment
The prosecutor of the international Lebanon tribunal issued a draft indictment on Monday over the 2005 killing of former prime minister Rafik al-Hariri.
Jan 17, 2011
Israel's Barak breaks away from Labour party
Israeli Defence Minister Ehud Barak broke away from his centre-left Labour Party on Monday in a move Prime Minister Benjamin Netanyahu said made his government stronger and more stable.
Jan 17, 2011
PM names unity government to quell Tunisia unrest
Tunisia's prime minister appointed opposition figures to a new unity government on Monday, trying to establish political stability after violent street protests brought down the president last Friday.
Jan 17, 2011
Third time lucky for Masters hungry Wilson
It was a case of third time lucky for American Mark Wilson when he booked his long-awaited debut at the U.S. Masters with a two-shot victory at the Sony Open on Sunday.
Jan 17, 2011
Nokia Temporarily Hangs Up On Music Download Service
The music service was supposed to rival iTunes. It didn't.
Jan 17, 2011
Hackers Can Steal Your Keyless Entry Car
Using a length of cable, a hacker can open your car and drive it off.
Jan 17, 2011
Apple's Steve Jobs takes medical leave
Apple Inc's Steve Jobs said the board has granted him medical leave to concentrate on his health.
Jan 17, 2011
Inspired Jets set sights on Roethlisberger and Steelers
New York Jets coach Rex Ryan outfoxed New England Patriots counterpart Bill Belichick with a defensive scheme that put his team on the brink of a Super Bowl with one more championship quarterback waiting in their path.
Jan 17, 2011
Boozer to miss Monday's game with ankle injury
Chicago Bulls forward Carlos Boozer will miss Monday's game against the Memphis Grizzlies because of a sprained left ankle, the team said on its website (nba.com/bulls) on Sunday.
Jan 17, 2011
Henin back from brink in second comeback at Melbourne
Justine Henin, who quit the tour in 2008 to find herself, nearly found herself out of the Australian Open on Monday after getting completely lost in her first-round match against India's Sania Mirza.
Jan 17, 2011
Instant view: Apple's Steve Jobs takes medical leave
Apple Inc Chief Executive Steve Jobs has been granted medical leave to concentrate on his health, he said on Monday.
Jan 17, 2011
Algeria snaps up wheat, seen securing supplies
Algeria bought 600,000 tonnes of wheat, traders said on Monday, snapping up grain at a time of high prices and tight supply even as neighbouring countries take measures to head off Tunisia-style unrest over food inflation.
Jan 17, 2011
Fitch upgrades S.Africa outlook, sees GDP recovery
Ratings agency Fitch raised South Africa's outlook to stable from negative on Monday, saying its recovery in 2010 after a recession the year before had outpaced expectations.
Jan 17, 2011
Political chaos casts doubt on Tunisie Telecom IPO
Tunisian state-owned Tunisie Telecom may not be able to go ahead with an investor roadshow for its planned listing in Paris and Tunis due to the political situation, investment and banking sources said on Monday.
Jan 17, 2011
Vimpelcom and Telenor in fresh row over Wind deal
Combative telecoms partners Telenor and Altimo squared up for yet another battle on Monday, over a proposed bid by their Russian mobile phone firm Vimpelcom for Egyptian tycoon Naguib Sawiris' telecoms assets.
Jan 17, 2011
Brett Favre bids farewell after 20 seasons
Minnesota Vikings quarterback Brett Favre, who played the game with a boyish joy and bulldog determination, filed his retirement papers with the NFL after a 20-season career, the league confirmed on Monday.
Jan 17, 2011
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