IBT Staff Reporter

133801-133830 (out of 154944)

G8 energy leaders urge stable oil prices

Consumer nations on Sunday urged producers to keep oil prices stable or risk derailing a fragile global economic recovery, as top exporter Saudi Arabia forecast prices eventually moving toward $75 a barrel.

Indie filmmakers in Cannes still dreaming of 3-D

When rock band U2 played at the Grand Palais of the Cannes film festival in 2007 to trumpet their new three-dimensional concert movie, backers of modern 3-D films hailed the coming of a new era in movies.

U.N.'s Ban urges business to back climate policies

Industry should play its part in the fight against climate change by persuading governments to aid carbon cuts rather than lobbying against them, the U.N. Secretary-General told a business conference on Sunday.

G8 energy leaders press for oil price stability

Energy leaders on Sunday debated what oil price would spur investment in the sector without hurting a wider global economic recovery, as top producer Saudi Arabia forecast prices eventually moving toward $75 a barrel.

Internet star Susan Boyle back on UK talent show

Internet sensation Susan Boyle, whose performance on Britain's Got Talent last month has been watched on YouTube by tens of millions of people and made her a global celebrity, returns to the competition on Sunday.

UBS free to set bonuses this year: report

Swiss bank UBS is free to set whatever bonuses it likes this year, in contrast to 2008 when it needed government approval for variable pay because of a rescue package, Swiss weekly Sonntag reported on Sunday.

Rates likely to stay low for some time: Fed's Kohn

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

Rates likely to stay low: Fed's Kohn

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

Mongolians cast ballots with mining wealth in sight

From remote grasslands to the heart of the capital, Mongolians cast their ballots on Sunday to elect a new president residents and investors hope will facilitate the country's efforts to tap its vast mineral wealth.

Fed's Kohn says rates likely to stay low for some time

The Federal Reserve is likely to keep benchmark interest rates near zero for a while in an economy that is pulling out of a steep decline and appears on course for a very gradual recovery, Fed Vice Chairman Donald Kohn said on Saturday.

Mongolians vote with mining deals in the balance

On horseback, motorbike and foot, Mongolians headed to the polls Sunday to elect a new president whom residents and investors alike hope will facilitate the windswept country's efforts to tap its vast mineral wealth.

Beyond BlackBerry, high-tech execs shun gadgets

You'd think the leaders of the world's biggest and coolest tech companies would be total gadget freaks, 'tricorder'-carrying whiz kids sporting the latest doodads months before the masses. Think again.

U.S. retailers running out of room to cut costs

U.S. retailers, which have banked heavily on cost cuts to guard margins in the recession, may be running out of ways to trim expenses further -- putting future profits in jeopardy, unless consumers open their wallets soon.

Judge expands Bratz injunction, lifts receivership

A federal judge ended a temporary receivership of MGA Entertainment Inc in a copyright infringement lawsuit over its Bratz doll business but broadened the list of products and know-how MGA must turn over to Mattel Inc , which won the franchise in a 2008 trial.

Russian group mulls Facebook investment: report

A Russian Internet group, Digital Sky Technologies, has offered to invest $200 million in Facebook in a deal that would value the social networking site at $10 billion, the Wall Street Journal reported on Friday.

GM borrows $4 billion more, prepares for bankruptcy

General Motors Corp on Friday borrowed another $4 billion from the U.S. Treasury and won a cost-cutting deal from Canadian auto workers as a showdown with bondholders set the stage for a bankruptcy filing by the end of the month.

GM prepares for bankruptcy

General Motors Corp won a cost-cutting deal from its Canadian labor union on Friday, part of a package of concessions the automaker is expected to take into a federal bankruptcy court by the end of this month in a showdown with its bondholders.

World economy out of free fall

The world grouping OECD said on Friday the global economy was out of free fall, offering hope of recovery late this year, but investors focused on risks to the U.S. credit rating from rising government debt.

Calif. charges men in $200 million Ponzi scheme

California Attorney General Jerry Brown filed criminal charges on Thursday against three men for allegedly swindling more than 1,000 individuals in a $200 million real estate and construction Ponzi scheme, his office said today.

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