More From IBT Staff Reporter
Shell profit soars on oil price, output growth
Royal Dutch Shell Plc continued a run of better-than-expected first-quarter profit rises by the big international oil companies on the back of higher oil prices, and boosted, in its case, by an unexpected return to production growth.
Apr 28, 2010
Greek crisis carries all before it
Greece's exploding debt crisis eclipsed all else on financial markets on Wednesday, knocking down global stocks and pushing the euro for a time to a one-year low against the dollar.
Apr 28, 2010
Microsoft signs Android patent deal with HTC
Microsoft Corp said on Tuesday it struck a licensing deal with phone handset maker HTC Corp, under which it will get royalty payments on HTC phones running Google Inc's Android operating system.
Apr 28, 2010
Honda's greener line-up to drive profits, U.S. sales
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
Apr 28, 2010
Euro hits 1-year low, stocks fall on EU debt woes
The euro tumbled to a one-year low against the dollar and Asian stocks fell as cuts in Greece and Portugal's credit ratings set off a flight to safety on fears that the euro zone's debt problems are spreading.
Apr 28, 2010
LG Elec sees better Q2 on mobile recovery, firm TVs
World No.2 TV maker LG Electronics said it aims to turn around its struggling mobile division with double-digit shipment growth in the second-quarter, adding strong TV sales would lead to better results in the period.
Apr 28, 2010
Honda to profit as greener cars drive U.S. sales
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in operating profit this year as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
Apr 28, 2010
New health reform deal signed at New South Wales
Prime Minister Kevin Rudd and NSW Premier Kristina Keneally signed new health reform deals to aid the state's hospitals.
Apr 28, 2010
Honda sees growing FY profits as U.S. sales recover
Honda Motor Co , Japan's No.2 automaker, forecast a 10 percent rise in annual operating profit as demand in its biggest and most profitable U.S. market recovers from a multi-decade low.
Apr 28, 2010
Fed seen maintaining promise to keep rates low
The Federal Reserve is expected on Wednesday to repeat its vow to keep interest rates at rock bottom levels for an extended period while acknowledging that the U.S. economic recovery is getting stronger.
Apr 28, 2010
Corrected: Former rivals eBay, Alibaba tie-up on new platform
(Corrects 2nd paragraph to state that AliExpress was launched on Monday, not now in beta-testing.)
Apr 27, 2010
Goldman CEO, under siege, concedes changes coming
The masters of the universe were forced down to earth on Tuesday.
Apr 27, 2010
Venezuela's chatty leader Chavez joins Twitter
Venezuela's President Hugo Chavez opened a Twitter account on Tuesday, launching himself into the digital fray to combat opponents who have seized on the micro-blogging site to criticize his socialist government.
Apr 27, 2010
Great Health Benefits of Wholegrains
CSIRO researchers say a healthy diet with the recommended intake of wholegrains could be as potent at combating heart disease as medication.
Apr 27, 2010
Australian dollar outlook - 28/4/2010
The AUD has taken a dive overnight following announcements from credit rating agency Standard and Poors in relation to their credit ratings for both Portugal and Greece.
Apr 27, 2010
Goldman CEO concedes changes coming
The masters of the universe were forced down to earth on Tuesday.
Apr 27, 2010
You May Need to Think Twice About Those Silver Fillings
Silver-colored fillings, officially known as amalgam fillings, contain mercury and have been used by dentists for over a hundred years to treat cavities in teeth. They are known to last longer and less expensive.
Apr 27, 2010
Bank rule reform falls short again in Senate
Senate Republicans on Tuesday blocked a sweeping overhaul of banking rules for a second straight day as they sought to extract more concessions from Democrats eager to crack down on Wall Street.
Apr 27, 2010
For Sirius XM, small investors want bigger windfall
Sirius XM Radio Inc shook off the threat of a Nasdaq delisting on Tuesday, vindicating the scores of retail investors who had bet on the satellite radio service when it was shunted by big institutional funds.
Apr 27, 2010
Migraine Sufferers Retreat to Dark Environment
Approximately 30 million people in the United States suffer from migraine pain, which is often described as a throbbing pain in one area of the head and is often accompanied by nausea, vomiting and other symptoms.
Apr 27, 2010
Goldman CEO faces withering attack over ethics
The masters of the universe were forced down to earth on Tuesday.
Apr 27, 2010
Daily Forecast - 28/4/2010
The Australian Dollar opens lower against the greenback on Wednesday at 0.9150.
Apr 27, 2010
S&P cuts Greek debt to junk, downgrades Portugal
Rating agency Standard and Poor's slashed Greek debt to junk status on Tuesday and also downgraded Portugal, as investors worried political pressures could block a multi-billion euro bailout of Greece.
Apr 27, 2010
Amid stalemate, Republicans float bank-reform plan
Senate Republicans on Tuesday floated their first counterproposal to rewrite financial regulations after blocking a more sweeping Democratic plan for a second straight day.
Apr 27, 2010
ANU launches National Security College
Australia's first National Security College will begin activities in May after its official launch by the Prime Minister Kevin Rudd at The Australian National University on 24th April 2010.
Apr 27, 2010
Icahn aims to help fix what is broken at Genzyme
If elected to the board of Genzyme Corp , billionaire investor Carl Icahn will work to understand and help the company fix what is broken, according to proxy documents filed on Tuesday with the U.S. Securities and Exchange Commission.
Apr 27, 2010
Goldman CEO faces blistering attack over ethics
Goldman Sachs CEO Lloyd Blankfein faced a blistering cross-examination from U.S. lawmakers over why the investment banks' sales team felt they could sell securities to clients while believing they were crap and betting against them.
Apr 27, 2010
AstraZeneca, U.S. settle anti-psychotic drug case
AstraZeneca PLC has agreed to pay $520 million to settle charges that it illegally marketed and promoted its schizophrenia drug Seroquel for unapproved uses, U.S. authorities said on Tuesday.
Apr 27, 2010
Confidence up, home prices rise on annual basis
U.S. consumer confidence firmed to a 1-1/2-year high in April, while house prices rose in February on an annual basis for the first time in more than three years, in fresh signs of a strengthening economy.
Apr 27, 2010
Goldman says not to blame for crisis
Goldman Sachs executives tried to fend off accusations they inflated the housing bubble, sold clients shi**y deals and made billions off the market's collapse, in a high stakes Senate hearing.
Apr 27, 2010
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