IBT Staff Reporter

Health officials trying to make best use of antiviral drugs to fight the new H1N1 flu need to do a better job of tracking and treating cases quickly, Italian researchers said on Monday.

Viacom Inc reported a 32 percent drop in earnings, but tempered yet another quarter of depressed results with the announcement that it has reached a key distribution deal for its new movie channel Epix.

U.S. single-family home prices rose in May from April, the first monthly increase in nearly three years, suggesting prices may be stabilizing, according to Standard & Poor's/Case Shiller home price indexes on Tuesday.

The British government has published a guide to help ministers understand how to use the social networking site Twitter, with the aim of extending its news and corporate messages online.

Stocks fell on Tuesday as a drop in July consumer confidence and disappointing quarterly results and outlooks from Office Depot Inc and U.S. Steel Corp reignited concerns about the strength of recovery.

Glaucoma patients are likely to lose more of their vision if they suffer minor strokes, a three-year study in Hong Kong has found.

What do you do when you're a small online social network trying to compete against a behemoth like Facebook?

Michael Jackson's personal physician, Dr Conrad Murray, admitted to administering the powerful anesthetic propofol to the King of Pop just hours before he died and officials believe this injection is what may have ultimately caused Jackson's death.

Flextronics International Ltd said on Tuesday it has withdrawn all objections to the sale of Nortel's wireless technology assets to Ericsson and resolved outstanding issues with the Swedish telecom equipment maker.

U.S. consumer confidence fell more than expected in July, the Conference Board said on Tuesday, recording its second consecutive decline as sentiment remained hampered by a difficult job market.

U.S. consumer confidence fell more than expected in July, the Conference Board said on Tuesday, recording its second consecutive decline as sentiment remained hampered by a difficult job market.

former Asia Pacific CEO for Lehman Brothers will step down from his chairman role at Nomura Holdings, according to a memo obtained by Reuters on Tuesday, potentially dealing a blow to morale among ex-Lehman staff now at the Japanese brokerage.

Abbott Laboratories Inc said it plans to widen its array of nutritional brands in India by paying $130 million for the nutrition businesses of Wockhardt Ltd, certain Wockhardt subsidiaries, and Carol Info Services Ltd.

Consumer confidence about business conditions and the labor market fell more than expected in July, according to a new report.

Chinese automaker Great Wall Motor Co is considering resurrecting plans for a domestic A-share initial public offering as China's stock and auto markets have rebounded strongly, company executives said on Tuesday.

Japan's Hitachi Ltd will launch a $2.9 billion bid for five of its listed units to help it return to growth, even as a tumble to a quarterly net loss further eats into its capital and intensifies pressure to raise funds.

China's Dongfeng Motor Group said its joint venture with Nissan Motor would spend 5 billion yuan ($732 million) to expand a new passenger vehicle plant in China's southern city of Guangzhou.

Vodafone said on Tuesday there was no sale process underway for Deutsche Telekom'sT-Mobile UK subsidiary, at a gloomy annual meeting overshadowed by economic and performance concerns.

Valero Energy Corp. the U.S. largest independent oil refiner reported today a loss of $254 million or 48 cents per share citing lower diesel and jet fuel margins and lower sour crude oil differentials.

Deutsche Lufthansa has asked the Austrian Takeover Commission to extend the deadline to complete its deal on buying Austrian Airlines as it scrambles to address EU antitrust concerns.

One month on from a cancer scare that investors feared might sink sales of Sanofi-Aventis's diabetes treatment Lantus, the French drugmaker appears to have escaped the worst.

A group of hedge funds that provided bankruptcy funding to Delphi Corp on Monday won a high-stakes auction to take control of the auto parts supplier, scuttling a rival deal brokered by the Obama administration.

BP is still considering the construction of refineries in China with partners Sinopec and PetroChina, the head of the British oil major's downstream unit said on Tuesday.

Private equity group CVC Capital Partners is prepared to offer up to 1.5 billion euros ($2.1 billion) for Anheuser-Busch InBev's Central and Eastern European assets, newspaper De Tijd said on Tuesday.

Home prices are stabilizing after steep declines last year, although prices are still down about 17 percent compared to last year, according to new home prices index report released on Tuesday which gives further support to the belief that the housing market is reaching a bottom.

Viacom Inc reported a steep fall in quarterly earnings, hit by poor advertising revenue and a dropoff in sales of its Rock Band video game.

Office Depot Inc reported a bigger-than-expected quarterly loss on Tuesday as troubles in corporate America weighed on sales at the No. 2 U.S. office supplies retailer.

The major music labels are planning a new digital album format that will debut with a tablet-like personal computer from Apple Inc in September, people familiar with the plans said on Monday.

Our high on the day so far was just after 10 AM when the new home sales report came out. Predictably, the headlines are in and