IBT Staff Reporter

153751-153780 (out of 154943)

Euro debt down, euro up on hawkish ECB

Euro zone government bonds tumbled and the euro edged higher on Monday after hawkish comments from European Central Bank officials, while European stocks tracked Asian markets higher.

Nikkei slips after govt report, Hitachi down

The Nikkei average sagged 0.47 percent on Friday as a government downgrade of its view on private consumption and exports spurred selling, but Advantest Corp. and other chip stocks rose, curbing market losses.

Wall Street seen higher on Fed hopes, tamer oil

U.S. shares are expected to rise again on Monday, underpinned by hopes that the Federal Reserve will keep interest rates unchanged at its policy-setting meeting on Wednesday, and as oil prices stayed below $64 a barrel.

Nambia Inflation Up to 5.4 pct in Aug

Namibia's annual inflation rate quickened to 5.4 percent in August from 5.1 percent in July, largely driven by rising food and transport costs, official data showed on Monday.

Strong dollar in U.S. interest: Paulson

U.S. Treasury Secretary Henry Paulson said on Monday a strong U.S. dollar was in the interest of the United States and he was not seeking any quick fixes on China's currency situation.

International Finance Corporation Refocusing on Africa

The World Bank's private sector arm said on Monday it hiked investments in the Middle East and Africa by 80 percent in the year that ended in June due to higher demand in those regions and it aims to do more in 2007. We are refocusing on these countries, International Finance

Headset blues to hit CSR profit

Bluetooth specialist CSR's shares dropped 26 percent in early trading on Monday after it reduced profit expectations for the year

Debenhams says Femme Fatale look reviving trade

The country's No. 2 department store group Debenhams said on Monday it would meet its profit expectations and that a Femme Fatale look in women's fashion was helping to revive trading after a sluggish early summer.

Finance ministers back World Bank plan

Finance ministers on Monday backed a controversial new World Bank strategy for tackling corruption in developing countries but insisted on overseeing how it is implemented

YouTube Signs Partnership ith Warner Music

Music videos from artists like Madonna, Red Hot Chili Peppers and Sean Paul will be legally available for the first time on YouTube, a popular online video sharing site, after signing its first commercial partnership with Warner Music Group.

Brown signals growth above forecast

Chancellor Gordon Brown suggested on Monday economic growth this year would turn out stronger than forecast in his budget a timely boost as he sets out his pitch to succeed Prime Minister Tony Blair.

Oil Eking Out Small Gains, OPEC Eyes U.S. Growth

Oil prices nudged higher for a second day on Monday, struggling to end their steepest slump in more than a decade amid robust winter fuel stocks and easing geopolitical and weather risks to oil supplies. NYMEX crude for October delivery

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