IBT Staff Reporter

131101-131130 (out of 154943)

RIM outlook disappoints, sending shares lower

Research In Motion offered investors an outlook on Thursday that fell short of some expectations, sending the BlackBerry maker's stock sliding 5 percent even as the company reported a higher quarterly profit that topped forecasts.

Nuclear nations rush to lock in uranium deals

A global shift toward nuclear power is prompting countries to rush to lock in long-term access to tight supplies of uranium, and China and India look to be the next players to get in on the action.

Stocks climb, dollar dips; confidence lifted

Equity markets and high yielding currencies gained on Friday while bonds and the dollar fell, as U.S. jobs and factory data the previous session rekindled hopes that the global economy may be recovering from recession.

Google translation tool aims to improve Iran info access

Google Inc released a tool that translates Internet blogs, news articles and text messages from English to Persian, and vice-versa, in a move the firm said will improve access to information amid the turmoil and media restrictions following Iran's disputed election.

Beijing seeks volunteers to monitor Internet: Xinhua

The city of Beijing will recruit tens of thousands of volunteers to monitor the Internet, state media said on Friday, echoing decades of mobilizing senior citizens and other volunteers to patrol its neighborhoods.

Decline in world economy moderating: IMF's Lipsky

The International Monetary Fund is likely to revise its 2010 growth forecast for the world economy up with signs the rate of decline in global output has moderated, a senior IMF official said on Friday.

Vast crowd gathers for Khamenei sermon in Tehran

Iran's Supreme Leader Ayatollah Ali Khamenei appealed for calm on Friday and attacked enemies questioning the result of a presidential vote that has sparked the biggest street protests in the Islamic Republic's history.

LCD TV sales outlook raised for 2009: DisplaySearch

Global LCD TV sales volume is expected to increase by 21 percent this year, faster than a previous forecast, helped by strong sales in developed markets and China's stimulus spending program, speeding up the transition to flat-screen TVs, DisplaySearch said.

Sony CEO says restructuring steps on track

Sony Corp Chief Executive Howard Stringer said the loss-making Japanese electronics conglomerate's turnaround efforts, which include job cuts, plant closures and a management reshuffle, are advancing well.

Asia stocks snap 4-day slide, bond yields up

Asian stocks snapped a four-day slide on Friday and government bond yields climbed after upbeat U.S. factory and jobs data provided more evidence that the global economy is recovering from its deep recession.

Former Merrill execs discussed buying back bank: report

Bank of America Corp Chief Executive Ken Lewis was approached by three former Merrill Lynch executives this year to discuss buying back some or all of their old company, but he politely rebuffed them, the Financial Times reported on its website. Dan Tully, former Merrill CEO, Launny Steffens, former head of Merrill's private client business, and Winthrop Smith Jr, son of one of Merr...

Stanford surrenders to FBI, in court Friday

Texas billionaire Allen Stanford has surrendered to authorities and will face criminal charges on Friday tied to an alleged massive fraud involving certificates of deposit issued by his Antigua bank, his lawyer said.

Motorola unveils Endeavor HX1 Bluetooth headset

Motorola unveils Endeavor HX1 Bluetooth headset Global headset leader, Motorola on Thursday unveiled its first combine crystal talk Bluetooth headset Endeavor HX1, bundles with true bone conduction technology, and is set to hit Asia next month.

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