IBT Staff Reporter

154681-154710 (out of 154954)

UK and US launch probe into airlines pricing

Britain's Office of Fair Trading (OFT) and the U.S. Department of Justice are investigating alleged cartel activity involving British Airways Plc (BA) and other airlines, BA said on Thursday.

Sony Launches Movies In Next-Gen DVD Battle

The battle for the next generation of DVDs intensified on Tuesday as Sony Corp. released its first set of seven movies for the new Blu-ray Disc format to coincide with the sale of the first new player this week by Samsung.

Kraft: Major Takeovers Tough Before Spin-Off

The world's second-largest food company, Kraft Foods Inc., said on Wednesday that large acquisitions would be difficult to make ahead of its full spin-off from majority owner Altria Group Inc.

Apple in talks to offer movies at iTunes

Apple Computer Inc. is in talks with most of Hollywood's studios to offer movie downloads via its popular online iTunes Music Store, show business newspaper Daily Variety reported on Monday.

IBM develops speedier transistor

IBM has built a transistor that runs about 100 times faster than current chips, a development that could pave the way for ultra-fast computers and wireless networks, the computing giant said on Monday.

Istithmar Invests $100 Million in Perella Weinberg

Istithmar PJSC, the international investment house based in the United Arab Emirates, Thursday announced an investment of US $100 million in a new financial services firm headed by Joseph Perella, a reputed former Morgan Stanley investment banker.

The pain of mortgage over-extension

If you used an interest-only or so-called option mortgage to stretch into an unaffordable house in the last year or two, you could be facing some dark times.

Blu-ray DVD format makes low-key market debut

The next-generation DVD format war limps on in the coming weeks as Blu-ray - one of two formats vying to become the high-definition standard - officially launches its first player and titles.

Goal-line technology not yet an option: FIFA

FIFA will not consider using video evidence or other goal-line technology to determine if a goal has been scored until it is 100 percent reliable, spokesman Markus Siegler said on Monday.

Qualcomm-favored technology on hold: report

A standard-setting organization has put on hold its review of an advanced wireless technology favored by Qualcomm Inc. due to a squabble involving Intel Corp., The Wall Street Journal reported on Monday.

Wall Street Keeps Eye on Stocks, Not Soccer

It's business as usual in New York's banks and brokerages where a muted response to the World Cup has allowed companies to turn a blind eye to staff watching soccer matches at their desks or on trading floors.

Stock Bulls Hope Rebound Has Legs

If bulls have their way next week, U.S. stocks could extend the rebound that has some on Wall Street hoping the worst is over after a month-long sell-off.

Web News Readers Spend More Money Online: Study

Frequent readers of newspaper Web sites are more likely to make online purchases than other Internet users, according to a study released on Friday by the Newspaper Association of America.Frequent readers of newspaper Web sites are more likely to make online purchases than other Internet users, according to a study released on Friday by the Newspaper Association of America.

South Korea Game Makers Eye Global Expansion

testSouth Korea, home to the world's most sophisticated online games, is preparing an assault on North America, Japan and Europe, setting the stage for an international scrum in an industry poised to nearly triple in value in the coming years.

Asian Markets End Week With Rally

Asian markets rallied for a second day Friday, recovering from a plunge Tuesday that sent stocks in the region to their lowest levels in months.

DuPont sees faster Chinese growth

DuPont Co., the second largest U.S. chemicals maker, said its strong double-digit revenue growth in China would accelerate while it increased investment and manpower in its fastest growing market.

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