IBT Staff Reporter

138811-138840 (out of 154954)

Google could be in talks to buy Twitter: report

Google Inc may be in talks to buy internet start-up Twitter, the free micro-blogging service that allows people to send short text messages to a network of friends, the TechCrunch website said late Thursday

Mitsubishi UFJ in lead for Citi's Nikko Cordial

Mitsubishi UFJ Financial Group is the front-runner to buy Citigroup's Japanese brokerage Nikko Cordial Securities in a deal that could be announced as early as May, a person familiar with the matter said on Friday.

Europe business activity falls, pessimism ebbs

Business activity in European countries fell in March, but the pace slowed as efforts to revive economies took hold and pessimism ebbed after a plan by world leaders to kick start a global recovery.

Oil rises above $53, U.S. job data ahead

Oil rose above $53 a barrel on Friday after surging by nearly 9 percent the day before, as global markets continued to see the outcome of the G20 summit as positive for an eventual recovery from economic recession.

Stock index futures slide; focus on payrolls

U.S. stock index futures pointed to a lower open on Wall Street on Friday, as investors were poised to book a portion of their recent hefty gains ahead of key U.S. monthly jobs data.

Stocks hand back G20 gains before U.S. jobs data

World stocks slipped on Friday, handing back some of the gains made after Group of 20 leaders presented a united front to combat the financial crisis as investors grew cautious ahead of a key U.S. jobs report. At their London summit, G20 leaders pledged $1.1 trillion of additional funds to the International Monetary Fund and other institutions and to boost trade finance.

U.S. CEO pay fell in 2008, first drop in 7 years: report

Median cash salaries and bonuses for chief executives of 200 big U.S. companies fell 8.5 percent in 2008 to $2.24 million, the Wall Street Journal said, citing an analysis prepared for it by Hay Group, a management consulting firm.

United G20 inspires Asia stocks

G20 leaders convinced investors they were united enough to keep a risk-taking rally alive on Friday, lifting Asian stocks a fourth day, but the U.S. dollar fought back from early losses ahead of the latest U.S. payrolls number due later in the day.

G20 supports Asia stocks ahead of U.S. jobs data

Efforts by G20 leaders convinced investors that policy makers were united enough to keep a risk taking rally alive on Friday, pushing up Asian equities for a fourth day and knocking the yen to a six-month low against the Australian dollar.

G20 plan lacks unified plan for toxic assets

The G20 statement on restoring the global economy the start of the current financial crisis lacks specifics on how nations will deal with toxic assets which have resulted in huge losses at companies around the world, saying banking systems have already been given support.

Medvedev says U.S. can move on missile shield

Russian President Dmitry Medvedev said Thursday that the United States was ready to discuss different ideas on the deployment of a U.S. missile defense system in Europe, which Moscow strongly opposes.

U.S. House approves Democrats' budget blueprint

The U.S. House of Representatives on Thursday passed a federal budget that embraces President Barack Obama's initiatives on healthcare, energy and education but leaves the government deeply in debt for the foreseeable future.

Obama:G20 summit a turning point

President Obama called the G20 summit on Thursday a turning point in the effort to pursuit of global economic recovery and praised the nation's joint efforts as a historic step on the road to stability.

U.S. jobless claims jump to 26 years high

The number of people filing new jobless claims jumped to more than 26 years high last week, as President met in London with G20 leaders to tackle the global economic crisis.

Protesters battle police ahead of NATO summit

Riot police clashed with hundreds of protesters on Thursday ahead of a NATO summit of world leaders, firing repeated rounds of tear gas and rubber bullets to try to disperse the crowds.

G20 seals $1.1 trillion deal, markets rally

World leaders clinched a $1.1 trillion deal on Thursday to combat the worst economic crisis since the Great Depression and said financial rules would be tightened to stop it happening again.

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