IBT Staff Reporter

85831-85860 (out of 154954)

Synthetic Biology Needs Prudent Vigilance To Prevent Risk, US Panel Says

The Presidential Commission for the Study of Bioethical Issues has called for enhanced federal oversight in the emerging field of synthetic biology. The panel's approach recognized the great potential of this burgeoning field of science, including life saving medicines, and the still distant risks posed by the field.

BP investors spooked by oil spill lawsuit

Oil giant BP was the biggest faller on Britain's blue-chip board on Thursday, as investors fretted that a U.S. government lawsuit may mean the cost of its oil spill will be far higher than predicted.

Housing starts rise in November, but permits drop

Housing starts rose slightly more than expected in November, but a surprise drop in permits for future home construction to a 1-1/2 year low indicated continued weakness in the housing market even as the economic recovery gains traction.

Nokia fires new salvo in patent row with Apple

Nokia, the world's top cellphone maker by volume, has filed 13 new patent infringement suits in Europe against U.S. rival Apple, accusing it of using Nokia technology in its iPhones and iPads.

EU leaders to be warned debt crisis is systemic

European Union leaders will be warned on Thursday that a rolling debt crisis poses a systemic threat to the euro zone as they seek to paper over divisions at a summit on how to restore confidence.

Nepal plane crash kills 22 people on board

All 22 people on board a small passenger plane that crashed in the foothills of the Himalayas of eastern Nepal have been found dead. The Rescue Co-ordination Committee at Kathmandu Airport stated that the wreckage of a the plane was recovered on Thursday at a village 150 kilometers from the capital Kathmandu.

Intelligence paints gloomy Afghan picture ahead of Obama's review

The war in Afghanistan is unlikely to be won, US Intelligence reports suggest. Even as President Barack Obama is all set to announce policy review on the war in Afghanistan, two classified reports state that it could be improbable to end Taliban and Al Qaeda insurgency in the Tribal regions of the country. The reports however, have fueled a bitter row between the intelligence agencies and the military over who has a better perspective and proximity in the war zone.

Sports Direct Results Get World Cup Boost

UK retailer Sports Direct International Plc (LON: SPD.L), controlled by Newcastle United owner Mike Ashley, reported a 73 percent rise in pretax profits for the first half as the World Cup and strong online sales drove revenue growth.

Obama's $858 billion tax-cut plan heads to House

A deal that President Barack Obama struck with Republicans to extend tax cuts for nearly every working American and spur job growth moves to the House of Representatives for passage as early as Thursday.

GM repays $2.1 bln to US tax payers

General Motors has paid $2.1 billion to complete the repurchase of preferred shares issued under a federal government bailout, the U.S. Treasury said on Wednesday. With this the auto maker has brought the total sum recouped by taxpayers to more than 23 billion dollars.

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