IBT Staff Reporter

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WHO backs 100 minutes TB test

The World Health Organization has endorsed a new, rapid tuberculosis (TB) test that can diagnose the killer disease within two hours.

UEFA Champions League round-up

The final group games of four of the eight groups in the UEFA Champions League, was played out on Tuesday, with group winners and second-placed qualifications to the knock-outs confirmed.

German Oct. industrial production rises

German industrial production topped economists' expectations during October, a report by Destatis said, indicating the German economic recovery continues, contrary to fears of a slowdown.

J&J eyes vaccine market with Crucell bid

U.S. healthcare group Johnson & Johnson made a long-awaited 1.75 billion euro ($2.3 billion) bid for Crucell on Wednesday, shrugging off the Dutch biotech company's recent problems with vaccine production.

Euro zone jitters spread to German bonds

Yields on German government bonds, normally seen as a safe haven by investors, rose on Wednesday as deepening uncertainty over how to stem the euro zone's debt crisis hit even Europe's strongest economy.

U.S. sends more subpoenas in insider trading probe

Federal authorities have expanded an investigation into insider trading on Wall Street, bringing to more than one dozen the number of subpoenas sent to hedge funds and other investment firms over the past two weeks, people familiar with the inquiry said.

India Nov car sales up 20.79 pct

The Indian domestic passenger car sales jumped by 20.79 percent to 161,497 units in November, compared to 133,703 units during the same period year ago, according to data released by Society of Indian Automobile Manufacturers.

Australia blames US over cable leaks, not Assange

Australian Foreign Minister Kevin Rudd blamed the United States over the leaked diplomatic cables and maintained that Wikileaks founder Julian Assange 'is not himself responsible for the unauthorized release'.

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