IBT Staff Reporter

86941-86970 (out of 154943)

Euro zone pulls ahead, China shifts stance

German strength propelled the recovery of the euro zone's dominant services economy in November, surveys showed on Friday, after China declared a new prudent monetary stance to help regulate its fervent growth.

Factory orders broadly lower in October

New orders received by U.S. factories dropped 0.9 percent to a seasonally adjusted $420 billion in October, a setback for the manufacturing sector as demand declined across a broad array of goods, a government report on Friday showed.

Wall St flat but eyes best week in a month

Stocks were headed for their best week in a month on Friday after a brighter assessment of the economy and a more optimistic view of Europe's debt crisis drove a rally earlier this week.

Retailers try to beat early December lull

From holding private movie screenings to commissioning new holiday music, retailers are getting creative as they try to avoid a sales lull after the Black Friday rush last week.

WikiLeaks founder holds online Q&A session

The founder of the whistle-blowing organization WikiLeaks on Friday held an online question and answer session having in recent days embarrassed the U.S. government by publishing confidential embassy reports.

Greenhouse Gas Worse Than CO2 Discovered

Yearly global emissions of anaesthetic agents can be compared with that of carbon dioxide emissions from one million cars or one coal-fired power plant, says a study.

Traders see no Fed rate hike until 2012

U.S. short-term interest rate futures traders boosted bets the Federal Reserve will wait until mid-2012 before raising rates, after a government report showed the U.S. jobless rate unexpectedly rose in November.

US unemployment edges up

The unemployment rate in the U.S. surprisingly edged up in November after remaining constant for three months, the U.S. Labor Department reported on Friday.

Disparities abound in global economic data

Disparities in the global economy were evident on Friday with weak jobs data underscoring the long road to recovery in the United States while China and Brazil took steps to contain rapid growth.

Big Lots Q3 profit misses Street, cuts Q4 outlook

Close-out retailer Big Lots Inc posted a lower-than expected quarterly profit, and the company cut its outlook for the crucial holiday quarter, in the face of strong competition from rivals, sending its shares down 5 percent in pre-market trade.

U.S. deficit-cut plan falls short, offers framework

A bold plan to slash the U.S. budget deficit fell short on Friday of winning support needed from a presidential commission to trigger congressional action, but it was expected to help shape future budget debates.

Big Lots cuts outlook, shares down

Close-out retailer Big Lots Inc cut its outlook for the crucial holiday quarter, in the face of strong competition from rivals especially in the toys category, and a rise in debit card processing fees, sending its shares down 5 percent.

Indian low-cost carriers propose massive price hikes

Low-cost carriers in India such as SpiceJet and Indigo proposed to hike flight charges to levels that would make the 'low-cost' tag redundant. Fares will now be decided on a four-slab basis, set according to the distance. The price hikes nearly triple ticket prices for flights booked on a short notice.

Wall St dips as jobs data fails to alarm

U.S. stocks edged mostly lower on Friday as Wall Street shook off an unexpectedly weak payrolls report, while investors were reassured by the broader economic picture and the likelihood the Federal Reserve would stay the course on its stimulus plan.

France seeks to bar hosting WikiLeaks website

The French government is examining how it could ban website WikiLeaks from being hosted on servers in France, according to a letter written by Industry Minister Eric Besson and seen by Reuters on Friday.

Pages