Breakthrough Shows Promise Cure for Childhood Peanut Allergies
A cure for the childhood peanut allergy may be available in the next three years. In a pilot study, 21 of 23 children between the ages of seven to seventeen were successfully treated for peanut allergies, which allowed them to consume foods containing the nut without suffering a reaction.
Wall Street futures little changed; focus on earnings
Futures for the Dow Jones industrial average, the S&P 500 and the Nasdaq 100 were little changed on Tuesday after U.S. equities edged lower in the previous session.
Mazda, MMC forecast profit jump as sales recover
Mazda Motor Corp and Mitsubishi Motors Corp , Japan's No.5 and No.6 automakers, forecast a more than trebling in annual operating profit on Tuesday, counting on new models to ride a sales recovery in the United States and other markets.
EUR/USD – where is the journey going on?
Good morning dear traders, yesterday was not my favourite trading day. In the beginning there have been some nice trading chances in EURUSD, however later we landed in a sideways range, whereas losses have been forecasted.
Global stocks slip as Greece weighs, euro down
World stocks remained troubled by worries over Greek debt on Tuesday after Germany demanded new austerity measures, offsetting strong U.S. earnings, and driving down the euro on contagion fears.
Lloyds returns to profit as bad debts improve
Lloyds Banking Group returned to profit in the first three months of this year, earlier than expected, as losses on both retail and commercial bad debts for Britain's largest bank continue to fall.
BP profits soar, investors eye oil spill
BP Plc failed to reassure investors with a more than doubling of first-quarter net profits on Tuesday, as the oil major's shares fell on growing fears about the impact of a worsening oil spill in the Gulf of Mexico.
Euro slips on Greece aid uncertainty
The euro slipped on Tuesday after Germany demanded painful new austerity measures from Greece in return for badly needed financial aid, with investors likely set to push high risk European sovereign bond yields up further.
BP profits up 135 pct on higher oil price
Oil major BP Plc reported a 135 percent jump in first-quarter net profits, compared to the same period in 2009, and beat all forecasts, thanks to higher crude and gas prices.
Mazda, MMC forecast jump in profit as sales recover
Mazda Motor Corp and Mitsubishi Motors Corp , Japan's No.5 and No.6 automakers, forecast a more than trebling in annual operating profit on Tuesday, counting on new models to ride a sales recovery in the United States and Japan.
Sharp sees steep growth, reports profit in Q4
Japan's Sharp Corp swung to a quarterly profit on robust sales of display and solar panels, and forecast more than a twofold jump in annual operating profit to its highest in three years, beating market expectations.
Euro slides on Greece fears; stocks sag
The euro slid on Tuesday as Germany demanded painful new austerity measures from Greece in return for badly needed financial aid, while Asian stocks fell as investors took profits in sectors that have been outperforming in recent weeks.
Mazda sees op profit more than trebling this year
Mazda Motor Corp forecast on Tuesday more than trebling its operating profit this year, counting on the Mazda5 minivan and other new models to drive a sales recovery in the United States and Japan.
Sharp swings to annual profit, more gains likely
Japan's Sharp Corp swung to a profit in its financial year thanks to cost cuts and robust sales of solar panels, and forecast more than a twofold jump in operating profit this year, beating market expectations.
Police seize blogger's computers over iPhone prototype
Police broke into a blogger's home in search of photographs of a prototype Apple iPhone and other material, launching a felony investigation, gadget site Gizmodo and prosecutors said on Monday.
Goldman shouldn't be judged as evil empire
Goldman Sachs Group Inc will want a judgment based on 'merits and facts' in the fraud case against it rather than popular opinion that it is an 'evil empire', a senior lawyer from the firm that represents it said on Monday.
E-mail faux pas, like ones in Goldman case, common
Goldman Sach's bond trader Fabrice Tourre has plenty to worry about, being accused of fraud by the Securities and Exchange Commission. But his amorous emails made public in the case may have him losing even more sleep at night.
The Dukan Diet: The Magic Behind J.Lo’s Post-Pregnancy Curves
Dukan diet is the new hit for celerity mom like Jennifer Lopex and Gisele Bundchen. This diet is originated in France by nutritionist Dr. Pierre Dukan. Over 1.5 million French women appear to be successful adopting the Dukan Diet's practices.
Trial begins in Lehman, Barclays dispute over sale
Attorneys for Lehman Brothers Holdings Inc and Barclays Plc sparred in court on Monday as they began a trial over whether the British bank received an improper $11.2 billion windfall from its takeover of Lehman's core U.S. brokerage in September 2008.
10 year old girl survives world most venomous sting
A 10-year-old girl's survival after an encounter with a box jellyfish in Queensland last year could be a one-of-a-kind story, experts say.
Actor Matthew Newton enters rehab
Actor Matthew Newton, son of showbiz golden couple Bert and Patti Newton, has entered a Melbourne rehabilitation hospital for an undisclosed personal problem.
Daily Forecast - 27/4/2010
The Australian Dollar moved marginally higher yesterday and gradually worked its way towards 0.9280.
The Dark Side of Leadership: Bosses Behaving Badly
Around the world there's no shortage of political leaders behaving badly.
BlackRock's fund flows unnerve investors
BlackRock Inc , the world's largest money management firm, reported weaker-than-expected quarterly earnings on Monday as its funds businesses saw outflows and customers shifted money to lower-margin index funds over actively managed ones.
Prudential investor could scupper AIA deal: report
Capital Research and Management, Prudential's largest shareholder, could potentially scupper the British insurer's $35.5 billion takeover of Asian rival AIA, the Daily Telegraph reported in its Tuesday edition.
Google loses Verizon, changes Nexus One plans
Google Inc said it no longer plans to offer a version of its Nexus One smartphone for the Verizon Wireless network and will change its distribution plans in Britain, underscoring the challenges facing the Internet search company as it expands into the mobile phone market.
Massey director defends CEO, assails unions
Massey Energy Co , owner of the West Virginia coal mine where 29 miners were killed three weeks ago, accused unions on Monday of spreading a big lie that the company had traded safety for profit.
Major household product makers poised for growth
A trio of reports from top household products makers is likely to show that consumers are truly back to buying and could be the catalyst the companies need to gain favor with investors.
Boeing gaining solid momentum: CEO
Boeing Co , the world's second-largest plane maker, is gaining momentum as the economy improves and is looking forward to several years of steady or increasing commercial production, Chief Executive Jim McNerney told the company's annual meeting on Monday.
Blankfein says Goldman didn't bet against clients
Goldman Sachs Group Inc chief executive Lloyd Blankfein, in written testimony prepared for a Senate hearing on Tuesday, said his firm did not have a massive short against the housing market and certainly did not bet against our clients.
