IBT Staff Reporter

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H1N1 flu stops Italians kissing saint's blood

Fear of H1N1 flu will stop devout Neapolitans from performing the time-honored ritual of kissing the blood of their patron Saint Gennaro when the city's annual festival begins later this month.

Disney burnishes brands at D23 fan show

Die-hard fans of Walt Disney Co gather this week in California for the company's first-ever fan exposition and what Disney hopes will be a show of the durability of its brands in a tough time.

Ethiopians offered free AIDS tests by text message

Ethiopia is sending text messages to mobile phone users offering free HIV/AIDS tests ahead of New Year celebrations, in a drive to have more people checked in sub-Saharan Africa's second most populous nation.

Early daycare may not lower asthma risk

Contrary to what some previous studies have suggested, children who enter daycare at an early age may not have a reduced risk of allergies and asthma later on, researchers reported Tuesday.

Scientists find three new gene links to Alzheimer's

Scientists have found three new major genetic links to Alzheimer's, affecting up to 20 percent of people with the brain-wasting disease, and said on Sunday it was the most significant such discovery in 15 years.

Credit card losses seen up, staying high

Standard & Poor's said on Tuesday U.S. credit card losses declined in July, but forecast bad loans would soon resume their upward trend as thousands of Americans lose their jobs.

EU seriously concerned by Israel settler approval

The European Union expressed serious concern on Tuesday about Israel's decision to approve new settler homes in the occupied West Bank, calling them an obstacle to peace and adding to international condemnation.

Obama asks students to set school-year goals

President Barack Obama will challenge students to set goals and to do everything you can to meet them in a back-to-school speech that critics feared would promote a political agenda.

Kraft shares sink after Cadbury rejects offer

Kraft Foods Inc shares fell about 5 percent in heavy trading on Tuesday, a day after the giant U.S. food company went public with a $16.7 billion takeover bid for Cadbury PLC, which the British candy maker rejected.

UPDATE 1-Sprint offers $100 credit to new Pre users

Sprint Nextel Corp hopes to lure customers from rival service providers with a special $100 service credit for new subscribers who buy Palm Inc's Pre, essentially giving the device a 50 percent price cut a few months after it started selling the phone.

US mortgage prepays drop, Obama programs progress

Tepid demand for mortgage refinancing slowed the early repayment of most U.S. bonds backed by home loans in August, with the spring rush having run its course and unlikely to resume without new record low mortgage rates.

China's Metallurgical to raise $5.3 b in IPOs

Metallurgical Corp of China Ltd plans to raise as much as $5.3 billion in its initial public offering (IPO) in Shanghai and Hong Kong, making the biggest IPO in 18 months in Hong Kong and the second biggest IPO on the Chinese mainland this year.

M&A optimism lifts Wall Street

U.S. stocks rose on Tuesday as natural resource shares gained from higher commodities while Kraft Foods Inc's offer for confectioner Cadbury raised hopes about more mergers and acquisitions.

Obama says time to act for healthcare reform

U.S. President Barack Obama insisted on Monday it's time to act for healthcare reform as he geared up for a major address to Congress this week aimed at getting his top domestic policy priority back on track.

Oil posts biggest gain since July

Oil prices on Tuesday posted their biggest gain since the end of July as the dollar weakened and investors quenched a growing thirst for tangible commodities to hedge inflation.

GM board meets, Germany presses for Opel deal

The board of General Motors Co met in Detroit on Tuesday as the German government stepped up pressure on the automaker to clarify its long-term plans for its European Opel operations.

9 Excellent Stops Along the Pan American Highway

After our fourth child was born, my husband and I got this crazy notion to move to Costa Rica. We had talked about living abroad sometime in our life, and though my husband had lived in Peru for two years before we were married,

Momentum ushers gold above $1,000/oz

Gold powered through the $1,000 per ounce psychological barrier on Tuesday, carried by a wave of pent-up technical momentum and dollar weakness, with some analysts eyeing last year's record high at $1,030.80.

Israeli film relives Lebanon war from inside tank

A new film by Israeli director Samuel Maoz draws on his memories as a young soldier in the 1982 Lebanon war, powerfully rendering fear and claustrophobia by shooting most of the action from inside a tank.

EU law may allow bans on foreign bet websites: court

The 2.5 billion euro ($3.6 billion) online betting industry suffered a setback on Tuesday as the European Union said that a member states could be allowed to ban gambling websites if its intention was to stop crime.

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