IBT Staff Reporter

German carmaker Daimler reaffirmed it would earn more than 2.3 billion euros ($3.14 billion) of operating profit this year, with all divisions returning to the black, allowing it to pay a dividend again.

Volvo would have no trouble relying solely on its Swedish investors if Renault decided to sell its stake in the company, the automaker's chairman Louis Schweitzer told a Swedish newspaper on Wednesday.

The technology sector propelled Asian stocks on Wednesday after bellwether Intel Corp's street-beating earnings while Singapore's aggressive monetary tightening lifted regional currencies on speculation it heralded a yuan revaluation.

The technology sector propelled Asian stocks on Wednesday after bellwether Intel Corp's street-beating earnings while Singapore's aggressive monetary tightening lifted regional currencies on speculation it heralded a yuan revaluation.

Technology companies drove up stocks in Japan, South Korea and Taiwan on Wednesday after bellwether Intel Corp's street-beating earnings while aggressive monetary tightening in Singapore lifted regional currencies on speculation it heralded a yuan revaluation.

Intel Corp's sales and margin forecasts trounced Wall Street expectations, reinforcing hopes for an acceleration in the tech sector's recovery and boosting the chip maker's stock 4 percent.

Morgan Stanley has told investors that its $8.8 billion real-estate fund may lose nearly two-thirds of its money due to bad investments, according to The Wall Street Journal, which reviewed fund documents.

The following article is the first of three examining the recent unrest in Kyrgyzstan and its implications. Part 2 tomorrow will deal with the regional fallout from the Tulip Revolution V2.0 and Part 3 will examine in detail Washington's highest priority in Kyrgyzstan - its ongoing access to the Manas Transit Center airbase. The extraordinary events of last week in Kyrgyzstan, which saw the overthrow of President Kurmanbek Bakiyev's administration by a popular uprising and its replacement by a...

U.S. Federal Reserve officials said on Tuesday the economy is operating well below full capacity and full recovery is a way off, in comments suggesting no urgency to begin tightening financial conditions.

Intel Corp's sales and margin forecasts trounced Wall Street expectations, reinforcing hopes for an acceleration in the tech sector's recovery and boosting the chip maker's stock 4 percent.

Japan's Shinsei Bank , one-third owned by buyout firm JC Flowers, is likely to post a net loss of about 100 billion yen ($1.1 billion) for the year ended in March and its president plans to resign, sources familiar with the matter said on Wednesday.

U.S. railroad CSX Corp reported a 22 percent jump in quarterly earnings on Tuesday, beating analysts' estimates and offering fresh signals that the economy is ticking upward.

Federal Reserve Chairman Ben Bernanke said on Tuesday that it was more important than ever for people to become financially knowledgeable so they can make sound decisions after the losses of recent years.

The White House said yes we can on financial regulatory reform on Tuesday, while the top Republican in the U.S. Senate said no we won't.

Cereal maker General Mills Inc backed its earnings view for the full year, excluding a non-cash charge of $34 million it will take relating to the U.S. healthcare reform bill.

Testicular cancer occurs when the cells in the testicles grow abnormally and develop into a tumour, commonly a seminoma in men aged 25 to 55 and a nonseminoma in men aged 15 to 30. Usually only one testis is affected, but it may spread through the lymph nodes to the abdomen, lungs, liver, bone or brain.

Women's clothing retailer Talbots Inc posted a much better-than-expected quarterly profit and forecast higher sales as its turnaround efforts take hold, sending its shares up nearly 5 percent.

The Ministry of Ageing has recently released a report that the Rudd Government will invest $386 million to increase the number of services in aged care to better support older Australians.

Defense Secretary Robert Gates criticized the Internet group Wikileaks on Tuesday over its release of a video showing a 2007 U.S. helicopter attack that killed a dozen people in Baghdad, including two Reuters news staff.

Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.

Baird Private Wealth Management on Tuesday said it hired veteran Smith Barney broker David Perez in Portland, Oregon, the first step in the firm's expansion in the Pacific Northwest region.

Jeans maker Levi Strauss & Co said on Tuesday that quarterly net profit rose 17 percent on higher revenue from currency gains and improved consumer spending.

SAN FRANCISCO - Microblogging service Twitter introduced a new advertising program on Tuesday, in a first step to prove that its popularity among web users can translate into a self-sustaining business.

Palm Inc, may be scooped up by an Asian company with enough cash and manufacturing muscle to turn around the struggling smartphone maker, but analysts warn a deal could prove too rich for any buyer at current prices.

(Corrects to show that revenue rose 15 percent in Europe, not fell in paragraph 7)

A browser that bypasses censors has become the most popular way to access the Internet in Kazakhstan, a Central Asian state where sites critical of the government are often blocked, a Web statistics firm said.

A Venezuelan website that has poked fun at leftist President Hugo Chavez for two years has become a roaring success on the Internet, where its authors set up their satirical blog to avoid censorship.

A Venezuelan website that has poked fun at leftist President Hugo Chavez for two years has become a roaring success on the Internet, where its authors set up their satirical blog to avoid censorship.

Intel Corp delivered a current-quarter forecast for revenue and margins ahead of Wall Street expectations, boosting the chipmaker's stock by 4 percent.