IBT Staff Reporter

120181-120210 (out of 154943)

Comcast plans to bring TV shows to your phone

Leading U.S. cable operator Comcast Corp said on Wednesday it plans to offer subscribers the option to watch their favorite TV shows on mobile devices through its new wireless Internet service.

Canada says won't review Nortel-Ericsson deal

Canada has decided against launching a review of the $1.13 billion sale of the wireless assets of bankrupt Nortel Networks to Sweden's Ericsson, Industry Minister Tony Clement said on Wednesday.

Obama sets Afghan, Pakistan goals, waits on troops

U.S. President Barack Obama said on Wednesday he would not make a swift decision on sending more U.S. forces to Afghanistan and set out broad goals for Kabul and neighboring Pakistan to rein in militants and corruption that critics dismissed as vague.

Alibaba to grab market share with Taobao

China's e-commerce giant Alibaba.com is to boost domestic market share by encouraging more users to sell products through its online auction site Taobao, China Daily reported on Tuesday.

Fisker Automotive targets 2011 profit

Fisker Automotive Inc, a builder of luxury plug-in hybrids, aims to make a profit in 2011 when its first vehicle, called the Karma, is expected to hit annual sales of 15,000 units, its chief executive said on Wednesday.

Chrysler returns to leasing after year-long gap

Chrysler Group said on Wednesday it would offer leases on its newest vehicles just over a year after sharply tighter credit markets and plunging vehicle values forced it to retreat from the market.

Exxon Baytown FCC work to last 2 mths-trade

Exxon Mobil Corp's idled 115,000 barrel-per-day gasoline-making fluid catalytic cracker will likely be down for nearly two months for planned maintenance at its 562,500 bpd Baytown, Texas, refinery, traders said Wednesday.

Hyundai to produce $5,000 car in India

South Korean carmaker Hyundai Motor Co (005380.KS) plans to produce a new model in India priced as low as $5,000 and targeting emerging countries, Japanese business daily Nikkei reported.

Prevalence of HIV in Australia

The number of Australians living with HIV has risen by almost 10,000 cases in the past decade and today there are more than 28,000 registered cases of the virus.

Global investors call for binding climate policy

Banks, pension funds and other investment groups representing more than $13 trillion in assets called for a strong global agreement on climate policy on Wednesday, saying it would lead to a flood of investment into the low-carbon economy.

Three-day rally brings GE stock into black for '09

General Electric Co shares crossed into positive territory for 2009 on Wednesday, in their third day of steady gains, helped by recent brokerage upgrades and easing investor concern about its finance arm.

Daily Wrap Up - September 16 Tech

Oracle Corp , the world's No. 3 software maker, posted lower-than-expected quarterly revenue that missed Wall Street projections, sending its shares down 2.4 percent.

EU in informal talks on Microsoft, Yahoo deal: source

EU antitrust regulators are in touch with Microsoft Corp and Yahoo Inc about their search engine deal, a source familiar with the situation said, with the talks seen more as exploratory than indicating any competition concerns.

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