IBT Staff Reporter

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Soros says worst of global crisis is behind us

The worst of the global economic crisis is over, multi-billionaire financier George Soros told Polish news channel TVN24 on Sunday urging the creation of international regulations to oversee global markets.
Jun 21, 2009

What might happen next in Iran?

Iran's presidential election, in which hardline Mahmoud Ahmadinejad was adjudged the winner over his moderate rival, Mirhossein Mousavi, has led to the broadest internal unrest since the 1979 Islamic revolution.
Jun 21, 2009

Iran expels BBC correspondent: official

Iran has decided to expel the BBC's correspondent in Tehran over the broadcaster's coverage of this month's election, an Iranian official said on Sunday, and a semi-official news agency said Jon Leyne had 24 hours to leave.
Jun 21, 2009

Iran tensions add to global risk: ECB's Trichet

Tensions in Iran have added to risks facing the world economy and underline the need for strengthening the global financial system, European Central Bank President Jean-Claude Trichet said on Sunday.
Jun 21, 2009

Iran blames terrorists for clashes

Iranian authorities on Sunday blamed terrorists for clashes in which at least 10 people were killed and President Mahmoud Ahmadinejad told the West to stay out of unrest sparked by his disputed re-election.
Jun 21, 2009

ECB's Trichet says no room for more debt

There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday.
Jun 21, 2009

Mousavi calls for purge of lies

Opposition leader Mirhossein Mousavi said the Islamic Republic must be purged of what he called lies and dishonesty, sending out a direct challenge to conservative rulers after a day of unrest across Tehran.
Jun 20, 2009

Stanford indicted in massive U.S. fraud case

Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.
Jun 20, 2009

Scientists detect mutated Swine Flu

Scientists in Brazil has identified the first genetic variant of the novel influenza A (H1N1) from a patient who was hospitalized in Sao Paulo in, according to Medical News Today’s report on June 17.
Jun 20, 2009

Hollywood studio Paramount axes top executives

Hollywood studio Paramount Pictures, which suffered the first big bomb of the summer last weekend with an Eddie Murphy comedy, has fired its top production executive after barely 18 months in the job.
Jun 20, 2009

Jobless pain continues in most states in May

Signs unemployment pains may be easing in individual U.S. states in April disappeared by May, when jobless rates jumped in 48 states and the District of Columbia, according to data released on Friday.
Jun 20, 2009

Hummer and China’s Tengzhong a good fit: GM

Negotiations are under way between General Motors (GM) and Sichuan Tengzhong Heavy Industrial Machinery over the proposed purchase of Hummer, and the deal is a perfect fit according to GM’s CEO Jim Taylor.
Jun 20, 2009

Federal jury says music downloader owes $1.92 Mln

The Recording Industry Association of America (RIAA) could soon be $1.92 million richer after a federal jury Thursday ruled a Minnesota mother of four who downloaded 24 songs violated music copyrights.
Jun 20, 2009

Apple CEO received liver transplant: report

Apple Inc Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.
Jun 20, 2009

Jib Jab parodies Barack Obama in new video

JibJab, an e-card site, entertained President Barack Obama on Friday night at the Television Correspondents' Association dinner by showing a spoof video of the President.
Jun 20, 2009

Singapore Airlines CEO takes 20 pct pay cut

The CEO of Singapore Airlines, the world's biggest by market value, will take a 20 percent pay cut as the carrier looks to cut costs after seeing profits battered by weak travel demand and volatile oil prices.
Jun 20, 2009

Steve Jobs had liver transplant in Tennessee: Report

Steve Jobs, who has been on medical leave from Apple for the past six months, received a liver transplant in Tennessee two months ago but will still return to work at the end of June, according to a report Friday in the Wall Street Journal.
Jun 20, 2009

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