IBT Staff Reporter

117631-117660 (out of 154943)

Oil falls to $69 on recovery concerns

Oil fell to around $69 a barrel on Monday, extending the previous session's drop, pressured by jitters over the pace of U.S. economic recovery and easing concerns about Iran and Nigeria.

U.S. trio wins medicine Nobel for ageing research

Three Americans won the Nobel prize for medicine on Monday for revealing the existence and nature of telomerase, an enzyme which helps prevent the fraying of chromosomes that underlies aging and cancer.

Chrysler creates Dodge Ram brand for trucks

Chrysler Group LLC has created a separate Ram brand for its Dodge pickup trucks and replaced the heads of two car brands as the automaker rushes to complete a critical long-term business plan.

Oil falls below $69 on recovery concerns

Oil fell to below $69 a barrel on Monday, extending the previous session's drop, pressured by jitters over the pace of U.S. economic recovery and easing concerns about Iran and Nigeria.

Celebrity Tourists

Actress Julia Roberts arrives for the filming of her upcoming movie Eat, Pray, Love at Mirzapur village in the northern Indian state of Haryana September 27, 2009.

SCE shuts Calif. Mountainview 3 natgas unit

Southern California Edison shut the 472-megawatt Unit 3 at the Mountainview natural gas-fired power station in Southern California for planned reasons by Sunday afternoon, the California Independent System Operator said in a report.

Support for Japan PM high but headaches ahead

Support for Japan's new cabinet is riding high at 71 percent, but in one sign of possible trouble ahead, the same percentage of voters are unhappy with the prime minister's explanation of funding scandal, a survey showed on Monday.

U.S. service sector grows in September

The U.S. service sector in September expanded for the first time since August 2008, growing at a faster pace than expected to take the benchmark index to its highest since May 2008, according to a report released on Monday.

Kenya leaders deny delay on post-election reform

Kenya's coalition government rejected on Monday international donors' accusations it was not doing enough to tackle the root causes of last year's post- election violence and bring to account those behind the killing.

Some schools reopen in quake-hit Indonesia city

Markets reopened and some children attended school in the earthquake-shattered city of Padang on Monday, but inland villages engulfed by landslides were to be left as mass graves to focus on getting aid to survivors.

G30 advisory group calls for new IMF

The G30, a group of prominent bankers, policymakers and economists, called on Monday for sweeping reforms to the International Monetary Fund, warning that the impetus for change would wane as pain from the financial crisis fades.

Top court rejects Qwest ex-CEO Nacchio's appeal

The U.S. Supreme Court said on Monday it rejected an appeal by former Qwest Communications International Inc Chief Executive Joseph Nacchio of his insider trading conviction on the grounds that he did not get a fair trial.

Supreme court rejects Qwest ex-CEO Nacchio's appeal

The U.S. Supreme Court said on Monday it rejected an appeal by former Qwest Communications International Inc Chief Executive Joseph Nacchio of his insider trading conviction on the grounds that he did not get a fair trial.

New Afghan vote rules may ensure Karzai victory

Afghanistan's U.N.-backed election watchdog will treat presidential candidates as equally likely to be guilty of vote fraud in suspicious cases, new rules issued on Monday show, a move that may ensure a win for Hamid Karzai.

India floods leave 2.5 million homeless, 250 dead

Rescue workers used sandbags to stop a raging river from breaching its embankment near a southern Indian city on Monday as floods triggered by heavy rains over the last week left 2.5 million people homeless.

China vows to stand by isolated North Korea

China pledged to strengthen bonds with isolated North Korea, nudging it to improve its economy, while reports of Indian and South Korean swoops on North Korean shipping underscored strains behind a recent easing of tension.

Development bank must reform for funding: Geithner

The Obama administration wants to ensure multilateral development banks have adequate resources, but any capital increase must be tied to reforms, U.S. Treasury Secretary Timothy Geithner said on Monday.

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