IBT Staff Reporter

138391-138420 (out of 154944)

EU: Earth warming faster

Global warming is likely to overshoot a 2 degrees Celsius (3.6 F) rise seen by the European Union and many developing nations as a trigger for dangerous change, a Reuters poll of scientists showed on Tuesday.

AIG aircraft unit seeks $5 billion Fed credit line: report

American International Group Inc's aircraft leasing unit is in talks over a $5 billion credit line from the New York Federal Reserve that could be used to facilitate its sale, the Financial Times reported on its website late on Tuesday.

Stock futures fall after Alcoa reports loss

Stock index futures pointed to a lower open on Wednesday Dow component Alcoa kicked off the earnings season with its second consecutive quarterly loss and reignited concern about the global economy.

GM readies for bankruptcy

GM edged closer to preparations for possible bankruptcy on Wednesday, a source familiar with the company's plans said, while Germany extended its subsidy for scrapping old cars.

Alcoa posts loss on aluminum slump

Aluminum producer Alcoa Inc reported a second consecutive quarterly loss on Tuesday, as metal prices and the autos industry slumped and global demand fell in the economic downturn.

U.S. stock futures fall

Stock index futures pointed to a lower open on Wall Street on Wednesday, as mounting fears over corporate results knocked down stock markets around the world.

Oil sinks below $48 as U.S. supply swells

More U.S. data showing swollen crude stocks pushed oil below $48 a barrel on Wednesday, and analysts said there was little sign demand would soon rise to soak up the excess.

Sharp sees bigger loss, speeds up new plant plan

Sharp Corp , the world's No.3 LCD TV maker, doubled its loss estimate for the year just ended on a slump in sales of its TVs and panels, but it brought forward plans for a cost-efficient new factory to cut costs.

U.S. SEC to consider restricting short sellers

U.S. securities regulators meet on Wednesday to consider restrictions on short selling, a type of investing blamed by some lawmakers and executives for exacerbating the financial crisis and driving down share prices.

SEC to consider restricting short sellers

U.S. securities regulators meet on Wednesday to consider restrictions on short selling, a type of investing blamed by some lawmakers and executives for exacerbating the financial crisis and driving down share prices.

Stocks fall, yen rises on earnings worries

World stocks slipped for a third session in a row on Wednesday and government bonds and the low-yielding yen gained as poor earnings from U.S. aluminum group Alcoa sparked concerns about other corporates.

Oil falls below $48 on crude stocks, equities

Oil fell by over a dollar below $48 a barrel on Wednesday, adding to Tuesday's 3.7 percent loss on falls for equities and after weekly data showed U.S. crude inventories up far more than expected.

Earnings loom, dousing global stocks rally

Asian stocks tumbled on Wednesday and the U.S. dollar climbed, with investors bailing out of recent positions and camping on the sidelines to await company outlooks as what is expected to be a grim results season begins.

Sharp to ramp up output in face of bigger loss

Japan's Sharp Corp , the world's third-largest LCD TV maker, said that it expected to post a much deeper annual loss on sliding LCD prices for the year just ended but that it will speed up panel production.

Oil falls towards $48 on crude stocks, equities

Oil fell by over a dollar toward $48 a barrel on Wednesday, adding to Tuesday's 3.7 percent loss on falls for equities and after weekly data showed U.S. crude inventories up far more than expected.

AIG aircraft unit seeks $5bn Fed credit line: report

American International Group Inc's aircraft leasing unit is in talks over a $5 billion credit line from the New York Federal Reserve that could be used to facilitate its sale, the Financial Times reported on its website late on Tuesday.

Corporate results loom, weighing on Asia stocks

Asian stocks slid for a second day on Wednesday while the U.S. dollar climbed, with investors fleeing to the sidelines to await companies' business outlooks as what is expected to be a grim results season begins.

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