IBT Staff Reporter

113311-113340 (out of 154944)

Gold hovers around $1,090, U.S. jobs data eyed

Gold held steady around $1,090 an ounce on Friday after its rally to a record high this week on anticipation of renewed central bank demand came to a halt, with investors looking to economic data for direction.

Intel in talks with India's ITI for jv: report

Intel , the world's largest chip maker, is planning to participate in bids invited by Indian state-owned telecom equipment maker ITI Ltd to set up joint ventures, the Business Standard reported on Friday.

BA sees improved outlook, swings to H1 loss

British Airways Plc fell to a worse than expected first-half loss and forecast revenue would slump by 1 billion pounds this year, but analysts said the worst could be over as the airline signaled business was stabilizing.

U.S. jobless rate climbs to 10.2 percent

U.S. employers cut a deeper-than-expected 190,000 jobs in October, government data showed on Friday, driving the unemployment rate to 10.2 percent, the highest in 26-1/2 years.

Jobless rate climbs to 10.2 percent

U.S. employers cut a deeper-than-expected 190,000 jobs in October, government data showed on Friday, driving the unemployment rate to 10.2 percent, the highest in 26-1/2 years.

Israel rejects U.N. assembly vote on Gaza war

Israel on Friday rejected a U.N. General Assembly resolution urging an investigation into a report saying war crimes were committed in Gaza, and condemned the world body vote as completely detached from realities.

Iran tested advanced nuclear warhead - report

The U.N. nuclear watchdog has asked Iran to explain evidence suggesting the Islamic Republic's scientists have experimented with an advanced nuclear warhead design, the Guardian reported in its Friday edition.

Honduras pact crumbles over unity government

An agreement to end a four-month political crisis in Honduras collapsed early on Friday after two rival leaders failed to form a unity cabinet to heal the damage from a June coup.

Pakistani forces enter Taliban headquarters

Pakistani soldiers entered the Taliban headquarters in South Waziristan on Friday, the military said, as gunmen wounded an army brigadier and his driver in a drive-by shooting in the capital.

Banks help FTSE gain 0.2% ahead of U.S. jobs data

Britain's leading share index was up 0.2 percent approaching midday on Friday with a rally by banks offsetting weakness in oil majors in thin trade as investors await the key U.S. October jobs report.

Stock futures edge up ahead of payrolls data

U.S. stock index futures rose slightly on Friday as investors awaited monthly payrolls data and the unemployment rate, key indicators to determine the strength of the economic recovery.

AIG posts second consecutive quarterly profit

American International Group Inc , the insurer bailed out by the U.S. government, posted its second straight quarterly profit on Friday, helped by recovery in the value of its investments.

G20 to stay the course on economic stimulus

The Group of 20 leading nations will agree this weekend it is too early to pull the plug on emergency support for the global economy and launch a new system of checks to help rebalance world growth and prevent future crises.

Calpers knew in 2003 about forex trading hits: report

California Public Employees' Retirement System, knew it was paying uncompetitive rates on foreign-exchange trades as early as 2003, the Wall Street Journal said, citing a consultant who advised the largest U.S. public pension fund.

G20 finmins to pledge stimulus stays, look at growth

The Group of 20 leading nations will agree this weekend it is too early to pull the plug on emergency support for the global economy and launch a new system of checks to help rebalance world growth and prevent future crises.

Stocks, commods gain ground, payrolls eyed

Global stocks and commodities gained on Friday, buoyed by firm U.S. data the previous session, lifting risk appetite ahead of hotly anticipated jobs data which will give more evidence on the state of the global economy.

Stock futures mixed ahead of payroll figures

U.S. stock index futures pointed to a mixed open on Wall Street on Friday as investors braced for the all-important monthly payrolls figures and unemployment rate, due at 8:30 a.m. EST.

RBS's Q3 loss halves but more bad debts to come

Royal Bank of Scotland more than halved its operating losses to 1.5 billion pounds ($2.5 billion) in the third quarter as impairments fell, but less favorable trading battered investment banking profits.

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