International Business News http://www.ibtimes.com/rss/feed/consumerind.rss All articles are copyrighted by IBTimes.com 120 30 http://www.ibtimes.com/rss/feed/consumerind.rss http://www.ibtimes.com/images/top_logo_ibt2_3.gif Greece has agreed with euro zone partners on how to recapitalize Greek banks after a planned bond swap, but has yet to resolve issues related to labor reform and spending cuts in talks with lenders, the country's finance minister said on Saturday. http://www.ibtimes.com/articles/20120204/greece-says-bank-recapitalization-agreed-but-issues-remain.htm http://www.ibtimes.com/data/articleimgs/275076-greeces-finance-minister-evangelos-venizelos-walks-towards.jpg http://www.ibtimes.com/articles/20120204/greece-says-bank-recapitalization-agreed-but-issues-remain.htm http://www.ibtimes.com/articles/20120204/greece-says-bank-recapitalization-agreed-but-issues-remain.htm Sat, 04 Feb 2012 10:48:03 EST Deutsche Boerse's <DB1Gn.DE> chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext <NYX.N>, a member of the German exchange operator's supervisory board told a newspaper. http://www.ibtimes.com/articles/20120204/deutsche-boerse-board-member-wants-ceo-out-paper.htm http://www.ibtimes.com/data/articleimgs/275069-deutsche-boerse-ceo-francioni-deliversspeech-news-conference.jpg http://www.ibtimes.com/articles/20120204/deutsche-boerse-board-member-wants-ceo-out-paper.htm http://www.ibtimes.com/articles/20120204/deutsche-boerse-board-member-wants-ceo-out-paper.htm Sat, 04 Feb 2012 07:56:05 EST European Union competition ministers supported plans on Friday to remove barriers to electronic trade in a bid to spur economic growth and jobs by expanding the single market to the digital world, officials said. http://www.ibtimes.com/articles/20120203/europe-says-aims-to-doublecommerce-by-2015.htm http://www.ibtimes.com/articles/20120203/europe-says-aims-to-doublecommerce-by-2015.htm Fri, 03 Feb 2012 21:56:05 EST BOISE, Idaho/SAN FRANCISCO, Feb 3 - Micron Technology Inc Chief Executive and Chairman Steve Appleton died in a small plane crash on Friday, a major loss for a U.S. memory chipmaker already struggling with sluggish computer sales and declining prices. http://www.ibtimes.com/articles/20120203/micron-ceo-dies-in-plane-crash-industry-stunned.htm http://www.ibtimes.com/data/articleimgs/275059-micron-technology-inc-ceo-and-chairman-appleton.jpg http://www.ibtimes.com/articles/20120203/micron-ceo-dies-in-plane-crash-industry-stunned.htm http://www.ibtimes.com/articles/20120203/micron-ceo-dies-in-plane-crash-industry-stunned.htm Fri, 03 Feb 2012 21:00:06 EST Nasdaq OMX Group Inc's <NDAQ.O> core profit topped analysts' expectations for the fourth quarter, boosted by a rise in revenue from market data and technology, which helped offset a soft trading environment. http://www.ibtimes.com/articles/20120203/nasdaq-core-profit-tops-expectations.htm http://www.ibtimes.com/articles/20120203/nasdaq-core-profit-tops-expectations.htm Fri, 03 Feb 2012 20:40:05 EST New York State Attorney General Eric Schneiderman on Friday sued three major U.S. banks, accusing them of fraud for using an electronic mortgage database that resulted in deceptive and illegal practices. http://www.ibtimes.com/articles/20120203/new-york-sues-banks-over-electronic-mortgage-system.htm http://www.ibtimes.com/articles/20120203/new-york-sues-banks-over-electronic-mortgage-system.htm Fri, 03 Feb 2012 19:56:04 EST With worries growing over computer hacking, data theft and the risk of digital attacks destroying essential systems, western states and their allies are co-operating closer than ever on cyber security. http://www.ibtimes.com/articles/20120203/disagreements-on-cyber-risk-east-west-cold-war.htm http://www.ibtimes.com/articles/20120203/disagreements-on-cyber-risk-east-west-cold-war.htm Fri, 03 Feb 2012 18:40:07 EST The Cuban government has denied a request by dissident blogger Yoani Sanchez to travel to Brazil, her 19th failed effort to obtain a permit to leave the country, she said on Friday. http://www.ibtimes.com/articles/20120203/cuban-blogger-says-government-bars-trip-to-brazil.htm http://www.ibtimes.com/articles/20120203/cuban-blogger-says-government-bars-trip-to-brazil.htm Fri, 03 Feb 2012 18:32:05 EST Facebook, the social network giant on the verge of a huge initial public stock offering, pays an unusually high tax rate, but that is likely to change soon, analysts said. http://www.ibtimes.com/articles/20120203/facebooks-high-tax-rate-likely-to-drop.htm http://www.ibtimes.com/articles/20120203/facebooks-high-tax-rate-likely-to-drop.htm Fri, 03 Feb 2012 18:32:05 EST Caterpillar Inc has decided to close its Electro-Motive locomotive plant in London, Ontario, and lay off at least 450 workers following several months of unsuccessful contract negotiations with the Canadian Auto Workers union. http://www.ibtimes.com/articles/20120203/caterpillar-to-close-london-ont-locomotive-plant.htm http://www.ibtimes.com/articles/20120203/caterpillar-to-close-london-ont-locomotive-plant.htm Fri, 03 Feb 2012 17:56:07 EST By day, Robert Leitao manages a Catholic church in Southern California. By night, he indulges his other passion: predicting Apple Inc's <AAPL.O> results. http://www.ibtimes.com/articles/20120203/wall-street-analysts-struggle-to-predict-apple.htm http://www.ibtimes.com/data/articleimgs/275058-customers-visit-the-apple-store-in-new.jpg http://www.ibtimes.com/articles/20120203/wall-street-analysts-struggle-to-predict-apple.htm http://www.ibtimes.com/articles/20120203/wall-street-analysts-struggle-to-predict-apple.htm Fri, 03 Feb 2012 17:56:05 EST BOISE, Idaho/SAN FRANCISCO, Feb 3 - Micron Technology Inc Chief Executive and Chairman Steve Appleton died in a small plane crash on Friday, a major loss for a U.S. memory chipmaker already struggling with sluggish computer sales and declining prices. http://www.ibtimes.com/articles/20120203/micron-ceo-appleton-dies-in-plane-crash.htm http://www.ibtimes.com/data/articleimgs/275054-micron-technology-inc-ceo-and-chairman-appleton.jpg http://www.ibtimes.com/articles/20120203/micron-ceo-appleton-dies-in-plane-crash.htm http://www.ibtimes.com/articles/20120203/micron-ceo-appleton-dies-in-plane-crash.htm Fri, 03 Feb 2012 17:48:03 EST The United States created jobs at the fastest pace in nine months in January and the unemployment rate unexpectedly dropped to a near three-year low, giving a boost to President Barack Obama. http://www.ibtimes.com/articles/20120203/jobless-rate-atyear-low-as-payrolls-surge.htm http://www.ibtimes.com/data/articleimgs/275057-job-seekers-stand-in-line-to-speak.jpg http://www.ibtimes.com/articles/20120203/jobless-rate-atyear-low-as-payrolls-surge.htm http://www.ibtimes.com/articles/20120203/jobless-rate-atyear-low-as-payrolls-surge.htm Fri, 03 Feb 2012 17:16:02 EST A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high on Friday as optimism grew that the labor market is on a steady path to recovery. http://www.ibtimes.com/articles/20120203/nasdaq-vaults-to-11-year-high-on-surge-in-jobs.htm http://www.ibtimes.com/articles/20120203/nasdaq-vaults-to-11-year-high-on-surge-in-jobs.htm Fri, 03 Feb 2012 16:48:04 EST A surge in hiring in the world's largest economy last month drove the Nasdaq to an 11-year high as optimism grew that the labor market is on a steady path to recovery. http://www.ibtimes.com/articles/20120203/wall-street-rises-on-jobs-nasdaq-at-11-year-high.htm http://www.ibtimes.com/articles/20120203/wall-street-rises-on-jobs-nasdaq-at-11-year-high.htm Fri, 03 Feb 2012 16:24:04 EST A surge in hiring in the world's largest economy last month drove stocks higher on Friday, with the Nasdaq hitting an 11-year high as optimism grew that the labor market is on a steady path to recovery. http://www.ibtimes.com/articles/20120203/nasdaq-at-11-year-high-after-jobs-report.htm http://www.ibtimes.com/articles/20120203/nasdaq-at-11-year-high-after-jobs-report.htm Fri, 03 Feb 2012 15:24:04 EST Welcome to the airport terminal of the future. http://www.ibtimes.com/articles/20120203/going-mobile-travels-eventual-high-tech-future.htm http://www.ibtimes.com/articles/20120203/going-mobile-travels-eventual-high-tech-future.htm Fri, 03 Feb 2012 14:56:06 EST Stock-picking once again matters on Wall Street. http://www.ibtimes.com/articles/20120203/analysis-stock-picking-makescomeback-as-macro-tides-fade.htm http://www.ibtimes.com/data/articleimgs/275055-visitors-stand-onbalcony-overlooking-the-floor-of.jpg http://www.ibtimes.com/articles/20120203/analysis-stock-picking-makescomeback-as-macro-tides-fade.htm http://www.ibtimes.com/articles/20120203/analysis-stock-picking-makescomeback-as-macro-tides-fade.htm Fri, 03 Feb 2012 14:48:04 EST Internet activist group Anonymous published a recording on Friday of a confidential call between FBI agents and London detectives in which the law-enforcement agents discuss action they are taking against hacking. http://www.ibtimes.com/articles/20120203/anonymous-publishes-fbi-call-on-hacking.htm http://www.ibtimes.com/data/articleimgs/275050-a-man-walks-out-of-the-federal.jpg http://www.ibtimes.com/articles/20120203/anonymous-publishes-fbi-call-on-hacking.htm http://www.ibtimes.com/articles/20120203/anonymous-publishes-fbi-call-on-hacking.htm Fri, 03 Feb 2012 14:32:05 EST Detroit automakers are urging President Barack Obama to reject Japan's bid to join talks on a regional free trade agreement, the head of an automotive group representing GM, Ford and Chrysler said on Thursday. http://www.ibtimes.com/articles/20120203/detroit-automakers-say-no-to-japan-joining-trade-talks.htm http://www.ibtimes.com/articles/20120203/detroit-automakers-say-no-to-japan-joining-trade-talks.htm Fri, 03 Feb 2012 14:32:04 EST