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International Herald Tribune

Nissan to sell electric car in U.S. and Japan by 2010
Nissan Motor plans to sell an electric car in the United States and Japan by 2010, raising the stakes in the race to develop environmentally ...…
May 13 2008 9:52AM EDT
HP acquires EDS for $13.9 billion
The Hewlett-Packard Company, the personal computer and printer maker, said Tuesday that it would acquire the Electronic Data Systems Corporation ...…
May 13 2008 9:28AM EDT
HP strikes deal to buy EDS
Hewlett-Packard will buy Electronic Data Systems for $25.00 per share, the two companies said on Tuesday, or about $12.6 billion (6.5 billion ...…
May 13 2008 9:11AM EDT
Hitachi posts loss but vows to return to profit
Hitachi posted a quarterly loss Tuesday on slow television sales and a tax write-down but said it would rebound to a profit this year on a recovery ...…
May 13 2008 9:01AM EDT
Kenneth Griffin, founder of Citadel Investment, bashes his peers
Kenneth Griffin, who runs one of the biggest and most successful hedge fund firms, has a blunt assessment: "We, as an industry, dropped the ball." ...…
May 13 2008 9:01AM EDT
Fed chief cites improving market conditions
Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," the Federal Reserve chairman Ben Bernanke said ...…
May 13 2008 9:01AM EDT
Wal-Mart Stores starts year with a profit gain
Wal-Mart Stores, the world's largest retailer, reported a 7 percent rise in quarterly profit on Tuesday as discounts drew U.S. shoppers looking for ...…
May 13 2008 9:01AM EDT
INSIDE THE MARKETS: Tighter credit takes hold in Europe
Europe is next in line to feel the effect of tighter credit, a tough situation for an economy heavily dependent on bank financing.. . The European ...…
May 13 2008 8:32AM EDT
Asian telecoms drawing investor interest
Investors look set to pump more money into Asian telecom stocks, drawn by the sector's high cash payouts and stable earnings prospects, as they ...…
May 13 2008 8:30AM EDT
U.S. lawmakers give menthol cigarettes special exemption
Some public health experts are questioning why menthol, the most widely used cigarette flavoring and the most popular cigarette choice of ...…
May 13 2008 8:12AM EDT
Firms close to buying Clear Channel
After a year of bickering and courtroom battles, Clear Channel Communications may finally be sold.. . The two private equity firms seeking to buy ...…
May 13 2008 8:12AM EDT
Chief executives' perks don't include job security
Pity the put-upon American chief executives. Let us count their burdens:. . Heavy expectations from impatient boards of directors. Intensified ...…
May 13 2008 8:12AM EDT
Ethanol, the ultimate home brew
What if you could make fuel for your car in your backyard for less than you pay at the pump? Would you?. . The first question has driven Floyd ...…
May 13 2008 8:12AM EDT
Euro nears milestone, but faces north-south divide
The euro turns 10 next January, a milestone that will be marked with celebratory speeches, inch-thick scholarly papers and a commemorative two-euro ...…
May 13 2008 8:12AM EDT
Economic distress in U.S. households takes a toll
For months, beleaguered American consumers have defied expert forecasts that they would soon succumb to the pressures of falling home prices, fewer ...…
May 13 2008 8:12AM EDT
More than 18,000 buried by quake in one China town
China said on Tuesday 18,645 people were buried under debris in the city of Mianyang, neighbouring Wenchuan county, the epicentre of Monday's ...…
May 13 2008 8:12AM EDT
Seedorf pulls out of Dutch provisional squad
Clarence Seedorf has pulled out of the Netherlands' provisional Euro 2008 squad, the Dutch football association (KNVB) said on Tuesday.. . The AC ...…
May 13 2008 7:35AM EDT
BT agrees 5-year wholesale deal with O2
The wholesale division of BT Group has signed a five-year agreement with O2 to provide and help manage the operator's high speed network as an ...…
May 13 2008 7:35AM EDT
Two French banks report reversals
Even as investors were sighing with relief over Societe Generale's no-worse-than-expected first quarter results, the French banking sector was hit ...…
May 13 2008 7:32AM EDT
Hewlett-Packard is reportedly close to acquiring Electronic Data Systems
Hewlett-Packard, the personal computer and printer maker, is close to a deal to acquire Electronic Data Systems, the operator of corporate computer ...…
May 13 2008 6:54AM EDT
Airbus delays deliveries of some A380 planes
The European plane maker Airbus announced another delay in deliveries of its A380 superjumbo Tuesday, disappointing airlines and risking financial ...…
May 13 2008 6:54AM EDT
Split in Pakistani coalition dashes hopes of many
Pakistanis are shocked by the split of a six-week-old coalition government on which they had pinned hopes for stability and change, and fear ...…
May 13 2008 6:46AM EDT
Terra Firma set to cut more EMI jobs
Terra Firma, the private equity owner of EMI, plans to cut more jobs at the music company, a source familiar with the situation said on Tuesday.. ...…
May 13 2008 6:23AM EDT
C.Agricole cash call as Europe's banks bleed again
French bank Credit Agricole joined the growing list of lenders asking shareholders for billions of euros in extra cash while a trio of other ...…
May 13 2008 6:15AM EDT
Italian PM may be drawn into CIA abduction case
An Italian judge could decide on Wednesday to make Silvio Berlusconi the first head of a government to testify in criminal proceedings over secret ...…
May 13 2008 6:15AM EDT
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