IBT Staff Reporter

86461-86490 (out of 154943)

Kremlin hi-tech hub to partner with Nokia-Siemens

Telecom gear maker Nokia Siemens Networks is set to become the latest foreign company to pledge its support to the Kremlin's new flagship technology hub near Moscow, the head of the hub said on Thursday.

Hackers hit Sarah Palin's website

The anonymous hacker group that brought down the websites of Visa and MasterCard Wednesday also attacked Republican Sarah Palin's website SarahPAC.com early on Thursday. The website remained inaccessible for hours following the attack, whcih was part of the group's Operation Payback.

Analysis: Nokia vs Android: Requiem?

Mobile maker Nokia's Symbian operating system is on the ropes, its lead being stripped away blow by Android blow, but if its new boss throws in the software towel now, the relief will be brief and the scars permanent.

GE close to bringing out 'Electric Bus of the Future'

General Electric (GE) is very close to bringing out the 'Electric Bus of the Future', which is mooted to be cost-effective solution for electrification of buses, delivery trucks, off-highway vehicles and other heavy-duty vehicles.

Jobless claims fall, bolster recovery hopes

New U.S. claims for unemployment benefits fell more than expected last week and the four-week moving average slipped to a fresh two-year low, reviving hopes a labor market recovery was under way.

Wall St boosted by jobs data, euro weighs

Stocks rose modestly on Thursday after encouraging labor market data renewed optimism the fragile economic recovery was track, but gains were limited by a decline in the euro.

BoE keeps rates steady, makes no change to QE

The Bank of England voted to make no change to its monetary policy this month, in a widely expected decision as it waits to see how much growth next year suffers from UK public spending cuts and euro zone turmoil.

Cyber group says WikiLeaks attacks to grow

More cyber attacks in retaliation for attempts to block the WikiLeaks website are likely in a data war to protect Internet freedom, a representative of one of the groups involved said on Thursday.

Top banks plan new forex dealing platform: report

The big global banks involved in currency trading plan a banks-only dealing system, in a move to reclaim lost business, the Wall Street Journal said, citing several people familiar with the situation.

Jobless claims revive hopes of recovery

New U.S. claims for unemployment benefits fell more than expected last week and the four-week moving average hovered at two-year lows, according to a government report on Thursday that revived hopes a labor market recovery was under way.

More U.S. billionaires pledge to give away wealth

Another 17 U.S. billionaires, including Facebook co-founders Mark Zuckerberg and Dustin Moskovitz, have pledged to give away at least half their fortunes in a philanthropic campaign led by Warren Buffett and Bill Gates.

Toshiba says chip plant halted by power outage

Production at one of Toshiba Corp's key chip factories has been halted by a brief cut in power, the company said, hitting its output of NAND flash memory and likely helping rivals such as South Korea's Samsung Electronics.

South Korea freezes key rates at 2.5 pct

South Korea chose to freeze its key interest rates on Thursday, after hiking rates twice this year, as the global economic recovery slows down and tensions rise on the border.

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