IBT Staff Reporter

Morgan Stanley's Chief Executive John Mack said on Tuesday the company's board members, unanimously re-elected by shareholders today, are focused on getting the company back on track.

The Democratic Party of Japan (DPJ) decided Tuesday to accept Masaaki Shirakawa as Bank of Japan(BOJ) chief, ending a stalemate that has left the world's second largest economy without a permanent central in the midst of a global credit crisis.

Google on Tuesday unveiled an important new feature for its mapping programs that will provide information on the movement of refugees around the world.

Hewlett Packard unveiled on Tuesday a small laptop, joining the growing market of pint-sized computers which is dominated by Intel Corp., and Asustek Computers Inc.

Crude oil futures fell on Tuesday after a U.S. government report predicted national fuel demand may drop and separately, the dollar rose.

In an bid to furbish its slowing U.S. business, Starbucks launched its new everyday brew of coffee called Pike Place Roast on Tuesday, and will hand out free samples for the first 30 minutes they serve the blend.

Battered by subprime mortgage losses, savings and loan bank Washington Mutual, Inc sold $7 billion in shares to a group of investors led by TPG Capital and will stop providing home loans through brokers while closing all its free standing home loan offices.

U.S. stocks on Tuesday fell the most in seven days after Alcoa Inc.'s earnings fell short of forecasts and Washington Mutual Inc. was forced to slash its dividend in a $7 billion bailout. Washington Mutual led financial shares lower after the largest savings and loan cut its payout by 93 percent and projected a first-quarter loss of $1.1 billion.

By Jon Nadler Gold prices eased into a lower trading channel of from $915 to $926 during the overnight hours, as participants observed an additional rise in the US dollar (72.34 on the index...

The idea that gold preserves wealth is even more important in an economic environment where investors are faced with a declining US dollar and rising inflation due to rising commodity prices.Histor...

Drilling at the Montong Botek high grade gold and copper porphyry target in Lombok, Indonesia has returned the longest mineralised intercept to date, which includes 0.25 g/t gold over 576.95 metres...

From gold exchange traded funds (ETFs) to gold stocks to buying physical gold, investors now have several different options when it comes to investing in the royal metal.But what exactly is the pur...

Commodity Online NEW DELHI: Do you know how much of gold is going to enter the market soon? Around 12.97 million ounces of gold is all set to come to the market with the International Monet...

China National Petroleum Corporation (CNPC)'s 2007 Net Profit reaches 192 billion yuan ($27 bln), according to Li Xinhua, the deputy general manager of CNPC.

The U.N. Security Council agreed on Monday to meet in later this month to discuss incentives previously offered to Iran on its nuclear program, U.S. officials said.

By K Radhakrishna India has witnessed a spectacular growth in the refining sector over the years. In 1947, at Independence, there was only one refinery located in Digboi with a capacity of 0...

June crude oil closed up $2.79 at a new contract high of $108.55 with little hope that OPEC can or will do anything to help contain prices.OPEC's Secretary General continues to say that there is p...

Savings and loan bank Washington Mutual, Inc is on the verge of securing a $5 billion investment from private equity buyout group TPG and other investors after suffering big losses in recent months due to the current credit crisis.

Seven election officials were arrested on Monday for undercounting votes cast for Robert Mugabe in the Presidential election, while the county's High Court postponed a decision on whether the Zimbabwe Electoral Commission (ZEC) should be forced into releasing presidential election 24 hours later.

A jury ruled on Monday that Princess Diana and Dodi al-Fayed were unlawfully killed by the negligence of their driver and the paparazzi persecuting them.

Gold futures rallied in New York on Monday along with other precious-metals futures , helped by a strength in crude oil and worries over the financial stability of the U.S. economy heightened investors demand for the precious metal.

Wheat dropped on Monday amid concerns that the world's producers will plant more of the grain to benefit from the high prices.

Charlton Heston, who wrote a career over 50 years as an acclaimed actor and recognized for his heroic roles in epic movies for Hollywood, died on Saturday night at his home in Beverly Hills.

Treasuries fell on Monday as investors took on riskier investments on hopes that a deeper economic downturn has been avoided due to policy action by the Federal Reserve.

Japanese stocks rebounded Monday as concerns perpetuated over U.S. economy and the trend of a weaker yen against U.S. dollar persisted.

Sony, Warner Music Group and Vivendi sued Baidu.com Inc, seeking record damages on allegations that the Chinese Internet Search site infringed copyright by offering links to pirated music.

President George Bush called on Congress Monday to pass a controversial free trade agreement with Colombia, declaring the need is urgent for US national security. The pact will give Congress a 90-day deadline to vote on the new legislation.

The dollar rose against the euro and yen on Monday as investors disregarded last week's decline in jobs and looked ahead to interest rate decisions from central banks in Europe.

The Board of Directors of Yahoo! Inc. today sent the following letter to Steve Ballmer, Chief Executive Officer of Microsoft Corporation.