IBT Staff Reporter

118921-118950 (out of 154945)

Antidepressants in pregnancy up heart defect risk

If you take antidepressants such as fluoxetine (marketed as Prozac) early in your pregnancy, you may be doubling the risk that your newborn will be born with a heart defect, according to a new study.

G20 takes charge of world economy at U.S. summit

The Group of 20 will become the forum for global economic management, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.

U.S. new home sales rise 0.7 percent in August

Sales of newly built U.S. single-family homes rose to their highest level in nearly a year in August, according to government data on Friday that indicated the housing market was gradually recovering from a three-year slump.

Taiwan to block visit by exiled Uighur leader

Taiwan will not allow exiled Uighur leader Rebiya Kadeer to visit the island as proposed in December, an official said on Friday, a move likely to please rival China but upset anti-China factions at home.

One in five U.S. drivers admits to texting-survey

Nearly one out of five U.S. drivers surveyed has read or sent a text message while behind the wheel, even though nearly all of the respondents in an AAA survey released on Friday considered such action unacceptable.

KB Home loss deeper than forecast, shares tumble

Homebuilder KB Home reported a deeper quarterly loss than Wall Street expected, and its chief executive warned he does not expect meaningful improvement in the U.S. housing market in the near future.

Boeing may offer US Air Force choice of tankers

Boeing Co said Friday it is studying new draft bidding rules to decide which plane or planes to pit against the rival team of Northrop Grumman Corp and EADS's EADS.PA Airbus in a renewed $35 billion contest to supply refueling aircraft to the U.S. Air Force.

New world economic order takes shape at G20

The Group of 20 is set to become the premier coordinating body on global economic issues, reflecting a new world economic order in which emerging market countries like China are much more relevant, according to a draft communique.

GM says may extend money-back guarantee

General Motors Co GM.UL could extend its offer of a 60-day, money-back guarantee for consumers when the marketing program expires at the end of November, GM Vice Chairman Bob Lutz said on CNBC on Friday.

AZZ Q2 beats Street, raises FY 2010 profit view

Electrical equipment maker AZZ Inc posted better-than-expected quarterly results, helped by growth at its electrical and industrial products segment, and raised its 2010 earnings outlook, sending its shares up as much as 8 percent.

G20 takes helm of world economy, to revamp bank rules

The Group of 20 will take on the role of caretakers of the global economy, giving rising powers such as China more clout, and roll out tougher rules on bank capital by the end of 2012, a draft communique said on Friday.

Nycomed may up Solvay bid as sale decision looms

Nycomed, the private equity-owned Swiss drugmaker, is looking at sweetening its bid for Solvay's drugs unit with the Belgian chemical and drug maker's board set to meet to decide on the unit's future.

Protesters clash with police at G20

Protesters smashed shop windows and threw rocks at police on Thursday as officers in riot gear used pepper gas and batons to disperse their march against capitalism at the Group of 20 summit in Pittsburgh.

Ford plans $490 mln China plant investment

Ford Motor Co (F.N) announced on Thursday plans to build a new $490-million flexible assembly plant in China, its third in the country, increasing annual production capacity by one-third to meet growing demand.

Ghosn, Immelt see future for electric cars

A world where electric cars running on clean power is getting closer, corporate leaders said on Thursday, the day after an electric car battery maker raised much more than expected in an initial public offering.

Palestinians want peace deal but don't reject Hamas

Most Palestinians who want a state of their own would like to achieve it through a peace deal with Israel but there is still substantial support for the Islamist Hamas group which favors resistance, according to a new opinion poll.

ING sells Australia wealth JV for 1.1 billion euros

ING will sell its 51 percent stake in a wealth management joint venture to partner Australia and New Zealand Banking Group (ANZ) for 1.1 billion euros ($1.6 billion) as the Dutch group slims down through asset sales.

Obama accuses Iran of building secret nuclear plant

U.S. President Barack Obama and other Western leaders accused Iran on Friday of building a secret nuclear fuel plant and demanded Tehran immediately halt what he called a direct challenge to the international community.

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