IBT Staff Reporter

As technologies become more popular, they become more enticing targets.

Jan 01, 2011

Nunavut Iron hiked its bid for Baffinland Iron Mines late on Friday, refusing to back down in a fight with steel giant ArcelorMittal for control of the junior miner and its vast undeveloped iron ore deposit in Canada's Arctic.

Jan 01, 2011

A bout of profit taking seems likely early next year after the S&P 500 ended its best December in almost two decades, but stocks may have further to run at the start of 2011.

Jan 01, 2011

Russia, the world's top crude exporter, said it had begun scheduled oil shipments to China via an East Siberian link on Saturday as the Kremlin cements ties with its energy-hungry neighbor.

Jan 01, 2011

The recent snowstorms in the northeastern U.S. and a similar blizzard last year might make some doubt the climate is changing. The short answer is: no, and in fact some of the people who study climate predicted wetter winters - and more snow, at least for a while.

Jan 01, 2011

News from the world of MBA that could have a far-reaching impact

Jan 01, 2011

Japan's top mobile operator, NTT DoCoMo, is looking to launch a tablet computer that will be produced by LG Electronics and run on software developed by Google, the Nikkei business daily reported on Saturday.

Jan 01, 2011

China's factory inflation cooled in December as manufacturers expanded more slowly after a strong run in growth, lessening the need for the country's central bank to tighten monetary policy too far.

Dec 31, 2010

Queues stretched for kilometres at immigration offices in South Africa on Friday as thousands of Zimbabweans tried to meet a year-end deadline to file papers for legalising their stay in the country.

Dec 31, 2010

French President Nicolas Sarkozy said on Friday he would fight to shield the euro as the currency's members struggle with a debt crisis and vowed to fulfill France's commitments to improve its own finances.

Dec 31, 2010

California-based Ubiquity Broadcasting Corp. says it will be the first in the world to broadcast and produce a 3D surf event, at one of the world’s most famous surfing locations, the feared Pipeline.

Dec 31, 2010

The popular Internet telephone service Skype could be dealt a major setback in one of the world's largest markets as the Chinese government cracks down on what it called illegal Internet telephone providers.

Dec 31, 2010

- Wireless pioneer Craig McCaw has resigned as chairman of Clearwire Corp days ahead of a deadline on critical financial decision by its majority shareholder, Sprint Nextel.

Dec 31, 2010

Money flows to global equity and other stock funds accelerated during the fourth quarter, signaling a possible twist in 2011 from the record investments made in bond portfolios over the last year, according to a report published by EPFR Global on Friday.

Dec 31, 2010

They look so much alike in Oscar-hopeful film The Social Network, they could be one man, and in fact, they are. But what the Winklevoss twins share with the actor who plays them has less to do with looks and more with their privileged background.

Dec 31, 2010

Transocean Ltd , the world's biggest offshore rig contractor, aims to stop a seventh U.S. body from investigating the accident that sank one of its rigs while causing the largest U.S. offshore oil spill.

Dec 31, 2010

An arbitrator ruled that United Continental Holdings cannot use Continental's codes for 70-seat jets operated by its regional partners since a labor contract requires them to be flown by Continental pilots.

Dec 31, 2010

Transocean Ltd, the world's biggest offshore rig contractor, aims to stop a seventh U.S. body from investigating the accident that sank one of its rigs while causing the largest U.S. offshore oil spill.

Dec 31, 2010

After nearly two decades of hearing don't ask, don't tell, gay U.S. military men and women are now hearing, do ask, do tell, and even, find a friend from a new social network website, Out Military.

Dec 31, 2010

U.S. stocks closed out a year of double-digit gains and the S&P's best December since 1991 with a quiet and little changed session on Friday as investors found no reason to make big bets ahead of the new year.

Dec 31, 2010

The race to the top of the global mergers and acquisitions league table looks set to end with Goldman Sachs retaking the honours from the rival which derailed its nine-year grip on the ranking last year.

Dec 31, 2010

Shares of Imax Corp went for a roller-coaster ride on the last day of 2010, climbing steeply on a report Sony Corp or Walt Disney might be interested, but plunging after Imax poured cold water on the speculation.

Dec 31, 2010

ArcelorMittal on Friday upped its offer for control of Baffinland Iron Mines to match a rival bid from Nunavut Iron for the vast iron ore deposit in the Canadian Arctic, in a deal worth $550 million.

Dec 31, 2010

Oil prices hit a 26-month high over $92 a barrel on Friday, closing the year up 15 percent on expectations that the economic recovery will drive demand growth next year and send prices into triple digits.

Dec 31, 2010

Hedge funds often claim to offer strong returns that are not correlated with broader markets, but in 2010 many failed on both of those counts.

Dec 31, 2010

U.S. stocks were little changed on Friday, the final day of the year, as investors were reluctant to make big bets after a rally that put the S&P on track for its best December performance in nearly two decades.

Dec 31, 2010

Craig McCaw, one of the founders of Clearwire, has stepped down as chairman of the company's board.

Dec 31, 2010

The euro currency area has only a one-in-five chance of surviving in its current form over the next 10 years because of competitive imbalances between its members, a leading British think tank said on Friday.

Dec 31, 2010

Shares of Imax Corp jumped as much as 20 percent on Friday after a media report suggested Sony Corp may be readying a bid for the big-screen movie company at more than $40 per share.

Dec 31, 2010