IBT Staff Reporter

154051-154080 (out of 154943)

High-definition DVD market facing static

Hollywood is hoping high-definition DVDs will reignite a slowing market for movies at home, but they have drawn mixed reviews from retailers and analysts due to technical issues and a bitter format war.

FTSE drifts down, hit by consumer confidence data

Britain's largest shares drifted down on low volumes led by Diageo and with sentiment hit by a survey showing a sharp decline in British consumer confidence and by buoyant sterling following strong house price data.

Vietnam web controls remain as dissident released

Vietnam, which released a prominent jailed cyber-dissident this week, imposes tight legal and technical measures to control access to writings and people who challenge one-party rule, researchers and observers say.

Mexico City style applied economics 101

Correspondent Greg Brosnan took up an assignment in Mexico City last year to cover the Mexican economy. In the following story he recounts how he was held up and robbed in an express kidnapping.

Samsung sees higher global handset sales

Samsung Electronics Co. Ltd. said on Thursday it sees global mobile phone sales growing faster than expected this year while its own handset sales would meet its target.

Electronic Arts signs video game ad deals

Electronic Arts Inc., the world's biggest video game publisher, said on Thursday it had struck deals with two in-game advertising providers, taking its first steps into the online advertising business.

Wolves Return to Germany As People Leave

A century after they were wiped out by hunters and a burgeoning population, wolves have returned to parts of eastern Germany as factories close down, businesses fail and people move out.

Intel Revamps Mobile Processors

Intel formally announced its latest mobile processor on Monday, rounding out its entire processor family with the company's most advanced architecture to date.

Spike latest new player in broadband TV

Men's cable channel Spike TV is joining other Viacom properties that have taken their content digital in a significant way with Wednesday's official launch of a broadband player on SpikeTV.com.

GDP Growth Revised Up Less Than Expected

The U.S. economy grew at a 2.9 percent annual pace in the second quarter, faster than originally reported but less of an upward revision than expected, as higher business investment offset a drop in residential construction, a Commerce Department report showed on Wednesday.

Unloved bonds make investor comeback - for now

Signs that the world economy is at a turning point are being reflected by tentative evidence that bonds are moving back into favor after years as an unloved alternative to booming equities.

Drought shrivels worldwide wheat supply

From Australia to Argentina, erratic weather is slashing wheat crops of the major producers, which is threatening to push up prices to multi-year highs and making it difficult for countries to replenish stocks.

Russian aluminum merger creates world leader

Russia's leading aluminum firm, RUSAL, will take over its main competitor SUAL and the aluminum industry assets of Glencore to create the world market leader, a source close to the deal told Reuters on Wednesday.

Foster's says no takeover approach

Foster's Group Ltd., Australia's biggest beer and wine maker, said on Wednesday it was not aware of any takeover proposals, sending its shares down as much as 3 percent.

Consumers gloomy, Fed minutes show less gloom

U.S. consumer confidence slipped to a nine-month low in August on inflation and job worries, while minutes of the Federal Reserve's policy meeting showed most officials thought inflation would ease in the months ahead.

Microsoft investigates leak of Office videos

Software giant Microsoft Corp. said on Tuesday it was investigating how two in-house training videos made by British comedian Ricky Gervais, creator of The Office television series, appeared on two Web sites.

Inco rejects CVRD offer

Inco Ltd. on Tuesday urged shareholders to reject a C$19.35-billion ($17.4 billion) all-cash offer from Brazilian firm Companhia Vale do Rio Doce., and said it still backed a friendly offer from U.S.-based Phelps Dodge Corp.

Adidas says sees turnaround at Reebok in Q4

German sports goods firm Adidas expects a turnaround in sales at U.S. subsidiary Reebok by the end of the year, a German magazine quoted the group's chief executive as saying.

China heroes mark time before foreign Web game assault

A patriotic Internet game featuring heroic Chinese and designed to wean the young off their addiction to violent foreign games is still not ready for release a year after development begun, state media said on Tuesday. Unlike the more popular games, where players have to slay dragons, fight aliens or beat up bad guys, in Chinese Heroes players click on statues to learn about their experiences and carry out tasks like moving bricks, Xinhua news agency said.

Bayer to Revamp Farming Chemicals Unit

German drugs and chemicals group Bayer unveiled a revamp at its agrochemicals unit after strong healthcare earnings helped the company post a 14 percent rise in second-quarter operating profit on Tuesday.

BP trade in crude and gasoline markets probed: WSJ

Federal investigators are examining whether BP Plc manipulated crude oil and unleaded gasoline markets, according to a report in The Wall Street Journal on Tuesday that cited lawyers and traders close to the case.

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