IBT Staff Reporter

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Economic blow to airlines could surpass Sept. 11: EU

The volcanic ash cloud that has grounded many flights could deal a bigger economic blow to the airline industry than the attacks on the United States on September 11, 2001, the EU's transport commissioner said Monday.
Apr 19, 2010

Architect Visit: Vincent Van Duysen in Antwerp

UK publishers Thames & Hudson have just come out with Vincent Van Duysen: Complete Works, a comprehensive monograph of the Belgian architect's work, featuring more than 30 projects photographed by Alberto Piovano.
Apr 19, 2010

Hasbro posts better-than-expected profit

Hasbro Inc reported a larger-than-expected quarterly profit, helped by strong demand for action figures for boys and double-digit sales gains in its girls' brands like Littlest Pet Shop and Strawberry Shortcake.
Apr 19, 2010

Lenovo eyes rapid mobile Internet growth

Lenovo Group, the world's No.4 PC brand, said mobile Internet products will account for 10-20 percent of revenue in five years, as it embarks on a new drive into wireless computing.
Apr 19, 2010

Research: stops hair turning grey

Turning grey hair may appear to be less attractive for some people. If you fall under this category, then you don't need to worry anymore as researchers have developed a new treatment which protects the cells that provide hair with its pigment, allowing people to keep their natural colour for longer.
Apr 19, 2010

In Asia, Goldman clients stay loyal for now

For now, clients of Goldman Sachs are standing behind the bank after the top U.S. securities regulator slapped charges against the Wall Street powerhouse over its marketing of a subprime mortgage product.
Apr 19, 2010

LCD makers' outlook improves on strong TV demand

Top Asian LCD makers are set to report upbeat quarterly results and may forecast robust demand as buoyant TV sales and new product launches such as Apple's iPad reinforce a recovery in the sector.
Apr 19, 2010

EUR/USD - will it further fall ??

Good morning dear traders,welcome in a new trading week. How was your weekend? Did you celebrate your profits of last week, or ...? I was satisfied with my last week´s trading results. Friday´s trading day was great.
Apr 19, 2010

Goldman fraud case rattles investors

Worries about the impact of fraud charges against Goldman Sachs rattled stock markets on Monday, sending investors in search of less speculative currencies and boosted government bonds.
Apr 19, 2010

Philips beats expectations

Dutch Philips Electronics warned markets were still uncertain despite reporting first-quarter operating profit above the most optimistic expectations fueled by its Lighting unit and cost cuts.
Apr 19, 2010

Asian stocks, commodities slip as profit takers pile in

Asian stocks suffered their biggest loss in 10 weeks on Monday after U.S. regulators filed fraud charges against Goldman Sachs and China clamped down harder on property speculation, giving investors an excuse to take profits after markets had rallied to multi-month highs.
Apr 19, 2010

United broaches alliance with US, Continental: sources

United Airlines is continuing separate merger talks with US Airways and Continental Airlines, and has also discussed the option of deepening a three-way marketing alliance between the carriers absent a merger, people familiar with the matter said.
Apr 19, 2010

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