IBT Staff Reporter

Heads I win, tails you lose. That seems to be the latest mantra of gold vis-à-vis equity markets. Recently, Indian equity market is on a song and had crossed 18,000 points mark which was last seen over two years ago. At a time when equity market is showing gains normally bullion markets witness a fall. Because, investors shift their money from bullion to equity.

Greek literature boasts three great writers of tragedy: Aeschylus, Sophocles, and Euripides in the olden days. But, now Greek tragedy has nothing to do with literature. It is all about money or rather Euro. In the ancient days, the largest festival for Greek tragedy was the Dionysia held for five days in March or April, for which prominent tragedians usually submitted three tragedies and one satyr play each. In 2010, Greek Tragedy is again performed in March-April with three major players like G...

Honda Motor Co unveiled on Tuesday an all-electric scooter that will mark its first attempt at mass-marketing zero-emission motorbikes, with an eye to eventually taking on rivals in the massive Chinese market.

Consumer Reports on Tuesday urged consumers to avoid purchasing a Lexus GX 460, saying the sport utility vehicle from Toyota Motor Corp was a safety risk because of the performance of its stability control system.

China is on a gold buying spree these days. The Chinese central bank-the People's Bank of China-is taking a series of steps to increase its gold reserves to ensure that the precious yellow metal replaces forex reserves held in the US dollar. Chinese people in cities, small towns and rural areas are buying gold jewellery, gold coins and gold bars for investment like never before. Gold jewellery showrooms are mushrooming across the Chinese hinterland.

Ford Motor Co is open to partnerships in green car technology but will be cautious in committing to any alliance, Executive Chairman Bill Ford Jr. said on Monday.

With last year's panic selling fading from memory, shareholders of General Electric Co are looking for signs that the largest U.S. conglomerate's slump is nearing an end.

Investors are coming to believe that the global economic recovery is real and it is safe to invest in a Goldilocks climate of slow growth, low inflation and solid earnings, a monthly poll showed on Tuesday.

Italian new car sales are set to fall 10 to 20 percent in April as the end of government car buying incentives starts to bite, Fiat brand Chief Executive Lorenzo Sistino said on Tuesday.

Real estate mogul Donald Trump and a group of bondholders won control of the three Atlantic City casinos of Trump Entertainment Resorts Inc, a bankruptcy court judge ruled on Monday.

London City skyscraper Tower 42 is up for sale with a 300 million pounds ($461 million) pricetag as owners BlackRock and Hermes seek to profit from spiralling demand in the UK's stock-starved property market.

European Central Bank policymakers gave the thumbs-up on Tuesday to the euro zone's rescue package for Greece as the debt-laden country passed a key test of its ability to raise fresh funds.

ProPublica, in an historic first for online journalism, won a coveted Pulitzer Prize on Monday for investigative reporting about controversial deaths at a New Orleans medical center following Hurricane Katrina.

Wall Street was set for a slightly lower open on Tuesday, a day after Alcoa posted in-line earnings but lower-than-expected revenues as the Dow closed above 11,000 for the first time in almost 19 months.

Good morning dear traders, my favourite crosspair EUR/USD had yesterday some strength again - it did not go into the knees as I did expect in the morning.

A jump in imports of consumer goods and other products widened the U.S. trade gap in February to $39.7 billion, but the closely watched bilateral deficit with China was its lowest in nearly a year, a government report showed on Tuesday.

Lehman Brothers used a small company called Hudson Castle to shift investments off its own books before it collapsed, The New York Times reported on Tuesday.

U.S. stock index futures slipped on Tuesday, a day after Alcoa reported in-line quarterly profit but lower-than-expected revenues as the Dow closed above 11,000 for the first time in almost 19 months.

Popular microblogging site Twitter is all set to unveil its advertisement model on Tuesday, which would mark its first step toward allaying concerns about its revenue generating potential.

Oil fell for a fifth straight session to below $84 on Tuesday, almost erasing April's gains, as a forecast increase in U.S. crude stocks highlighted rising supplies and weak demand in the world's largest energy consumer.

NSW Premier Kristina Keneally announced the results of the investigation into an apparent cancer cluster in the NSW Hunter Valley will be made available to the public.

According to the long-standing policy that restricts blood donation from the gay community, a man who has had homosexual sex within the past 12 months is not eligible to donate blood. The policy is now being reviewed by Red Cross Blood service of Australia.

The world's top cellphone maker Nokia unveiled three new, cheaper messaging phone models on Tuesday, challenging the dominance of RIM's Blackberry in the mobile e-mail market.

The first Australia's HIV antibody testing was introduced mid-April of 1985 and nearly 900,000 of the tests are still conducted, yearly across the country.

Recent study shows that although shock, anxiety and depression are experienced by carers, there are also beneficial consequences from their labour of love.

Global oil demand will hit a record high this year, the International Energy Agency said on Tuesday, revising up consumption estimates as the world economy recovers from recession.

The world's top cellphone maker Nokia unveiled on Tuesday three new, cheaper messaging phone models, challenging the dominance of RIM's Blackberry in the mobile email market.

Universities Australia has signed an agreement with the Association of Indian Universities (AIU) for an ongoing partnership and collaboration with the universities of India through the AIU.

DISTANCE-learning business education is a resounding success story. In America, specialist universities, such as the University of Phoenix, have hundreds of thousands of postgraduate business students enrolled. If, perhaps, the very top tier of universities are yet to offer distance programmes, still some very notable ones do: Carnegie Mellon or Thunderbird in America, Warwick or Insitito Empresas...