IBT Staff Reporter

145501-145530 (out of 154954)

Pakistan Unblocks YouTube

Pakistan lifted a ban on the YouTube video-sharing Web site on Tuesday saying that the video that was offensive to Islam had been removed.

Deputy BoE governor gives 2008 outlook

Rachel Lomax, deputy governor of the Bank of England has said that the economic outlook for 2008 has changed dramatically and that there was still uncertainty resulting from last year's credit crunch.

Microsoft to Roll Out Internet Explorer 8 Beta

Microsoft plans to launch a special test version of its latest Internet Explorer web browser, the company said Tuesday, boasting new features and better support for widely held Internet standards.

FTSE finishes up on banks and insurers

The FTSE 100 index finished 87.9 points up on Tuesday at 6,087.4. The rise is almost a two per cent increase on the previous session and took the index above 6,000.

FX Summary - Feb 26

Traders sold the greenback after key economic data reinforced the current dilemma facing the US Federal Reserve. The dollar slipped past the 1.49-level against the euro and relinquished the 0.93-mark versus the Aussie. Persistent

Gold, Silver Futures Rise in NY

Gold and silver futures rose after a report showed U.S. producer prices rose more than expected last month, increasing the appeal of the precious metals as a hedge against inflation.

Treasury meets Abu Dhabi, Singapore funds: report

Treasury officials have met executives from two of the world's largest sovereign wealth funds to discuss embracing a set of promises not to use their wealth for political advantage, the Wall Street Journal reported on Tuesday.

MBIA moves to help stability in credit markets

MBIA Inc, the world's largest bond insurer, said it will stop guaranteeing asset-backed securities for six months and plans to split that business from its municipal bond unit, moves aimed at restoring stability in troubled credit markets.

BSE Sensex up 1.7 percent as Reliance stock surges

India's prime stock index, the BSE (Bombay Stock Exchange) Sensex, climbed 1.7 percent or 301.50 points, Monday, to 17,650.57, with 26 components rising, riding on the wave of renewed confidence of investors who are looking forward to a positive budget being announcement by the Central Government.

India's Wipro eyes Japan acquisitions and alliances

India's No.3 software services exporter Wipro Ltd said on Tuesday it aimed to tie up with Japanese firms and may consider M&A, highlighting Indian software firms' growing desire to get into the Japanese market.

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