IBT Staff Reporter

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Hepatitis C scandal fuels questions

The hepatitis C scandal in Victoria triggers more controversy as threats of legal actions against the state's Medical Practitioners Board, a clinic and a doctor multiplies.

Australians clueless about heart attacks

Based on a worrying recent survey released by the Heart Foundation, more than half of all Australians said they would not be sure on what to do if they suddenly were experiencing a heart attack.

Stocks fly on trillion-dollar EU rescue plan

Stocks racked up their best one-day gain in over a year on Monday as an agreement on a $1 trillion emergency rescue package from the EU quelled fears a new credit crisis would derail European economies.

Stocks end sharply higher after EU pact

Stocks ended sharply higher, racking up their largest daily advance in over a year, on Monday as an agreement on a $1 trillion emergency rescue package from the EU quelled fears that a new credit crisis would derail European economies.

Forex - U.S. says engaged with Europe on debt crisis

U.S. President Barack Obama and his team have been in close contact with their counterparts abroad on the European debt crisis, the White House said on Monday. The president and his economic team have been following and have been engaged in this situation for quite some time, White House spokesman Robert Gibbs told reporters.

Greek rescue mission lifts metal prices

With the International Monetary Fund (IMF) and European Union chipping in to rescue Greece from the financial mess by announcing schemes worth billions of dollars, the biggest beneficiary is metal market.

FAO forecasts 4% rise in global rice output

The United Nations' Food and Agriculture Organization (FAO) has forecasted 4% increase in the global rice output this year with the expected production of 643 million tons of rice in Asian region.

Now, a platinum ETF from Africa

After the US launched its first palladium ETF recently, it is the turn of South Africa now South African stock exchange operator, JSE, will launch a platinum ETF soon. It is also looking to list an Africa ETF in South Africa, with blue-chip companies.

Entrepreneurs turn to business schools for help

Vanessa Smith McTier knew she needed to focus more attention on promotional activities for her growing human resources consulting business. Her challenge was finding the extra time and resources when she was already stretched sourcing and delivering billable projects.

Greenland Proceeds with Plans for Offshore Drilling in Arctic Waters

While the oil spill from a sunken drilling rig in the Gulf of Mexico threatens to become an environmental disaster, plans are proceeding for opening up new drilling territories in the iceberg-infested waters off Greenland. The island, an autonomous territory under Danish sovereignty, this week conducted an auction for 14 blocks in Baffin Bay, off the northwest coast of Greenland near Canadian territorial waters. Results will be announced in August.

McDonald's April sales rise, shares gain

McDonald's Corp reported a higher-than-expected 4.9 percent rise in worldwide April sales at established restaurants, boosted by strength in Europe, and its shares rose about 4 percent.

WHO sees good progress on UN health goals for poor

(Reuters) - Far fewer children are dying and rates of malnutrition, HIV and tuberculosis are declining thanks to good progress on health-related Millennium Development Goals (MDGs), the World Health Organization (WHO) said on Monday.

Scientists find new gene links to breast cancer

(Reuters) - British scientists have found five common genetic factors linked to the risk of developing breast cancer, giving researchers a better understanding of its causes and clues for developing more treatments.

Market fragmentation delaying stock swoon probe

The sharp fragmentation of the U.S. stock marketplace -- seen as a cause of last week's mysterious market dive -- is also slowing down regulators' ability to piece together what happened, two sources familiar with the matter said on Monday.

Idol creator Fuller marks iTunes milestone

American Idol creator Simon Fuller on Monday marked a digital music milestone, and said he was looking to the Internet and other digital platforms for the next big thing in global entertainment.

Risk assets rally after huge EU-IMF rescue plan

Global equity markets staged a massive relief rally on Monday after officials agreed to a $1 trillion emergency rescue package to avert a festering sovereign debt crisis in Europe from engulfing the rest of the world.

U.S. transport chief: Toyota paying closer attention

The Obama administration believes Toyota Motor Corp is paying closer attention to safety concerns, but Washington continues to investigate the carmaker and will not rule out a new fine, the top U.S. transport official said on Monday.

Job index up for 8th straight month: Conf Board

The U.S. job market strengthened in April for the eighth straight month but at a slower rate, in anticipation of economic activity moderating in coming months, a research group said on Monday.

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