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A security guard walks across a grandstand at the Buddh International Circuit, the venue for the first ever Indian Formula One race at Greater Noida, on the outskirts of Delhi

India Raises the Flag for F1

With both Formula One championships already wrapped up by Sebastian Vettel and his Red Bull team, India takes the starring role on its long-awaited grand prix debut this weekend.

Commonwealth seeks to avoid slide into irrelevance

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A proposal to appoint a Commonwealth human rights commissioner to steer a more proactive rights agenda looks set to test a summit this week as the 54 member nations try to make more of a mark in world affairs.
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Everything Everywhere says customer base stabilises

Britain's biggest mobile operator Everything Everywhere posted lower revenue in the third quarter due to regulatory cuts but said its customer base was stabilising while it was also making good progress in cost-cutting.
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Islamists head for win in Tunisia's Arab Spring vote

Tunisia's moderate Islamist party on Tuesday claimed a thumping victory in the country's first election, sending a message to the region that once-banned Islamists are challenging for power after the Arab Spring.
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More challenges seen for Netflix, shares drop

Wall Street is losing confidence that Netflix Inc can quickly reverse subscriber defections and cover mounting costs with growth in streaming, pushing its shares to their largest one-day decline since 2004.
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Boeing sees growth in cyber despite defense cuts

Boeing Co opened a new cyber security center on Tuesday, saying it expected high single-digit or low double-digit growth in the sector in coming years despite major cuts in defense spending.
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Netflix plummets on weak outlook, downgrades

Shares of one-time Wall Street darling Netflix Inc plunged 34 percent in heavy trading on Tuesday, a day after the battered movie rental company warned of more subscriber defections and mounting costs.
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J.Crew’s Jenna Lyons’ Messy Divorce

J.Crew's President and Creative Director Jenna Lyons is currently in the midst of a messy divorce from husband Vincent Mazeau, who is an artist. Mazeau wants the couple's Park Slope brownstone, a lump sum of money, and custody of their 5-year-old son.
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Lockheed wins $1 billion UK MoD contract

U.S. defense contractor Lockheed Martin said on Tuesday it had won a 642 million pound ($1 billion) contract to upgrade Britain's fleet of Warrior armored vehicles, supporting around 600 British jobs.
Saif al-Islam

Gadhafi Dead: Son on Path to Flee Libya

As Moammar Gadhafi's body is buried in the dessert under an unmarked grave, his son and one time heir Saif al-Islam Gadhafi is preparing to flee Libya, a member of the National Transitional Council has revealed.
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Ex-Olympus CEO says in contact with FBI

The former chief executive of Olympus Corp said on Tuesday he was in contact with the U.S. Federal Bureau of Investigation , which is probing massive advisory fees linked to the Japanese company's takeover of a British company.
Olympus Corp President Kikukawa speaks during a news conference in Tokyo

Newsmaker: The 'Emperor' of Olympus, Protector No Longer

When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an umbrella, a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.
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Newsmaker: The emperor of Olympus, protector no longer

When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an umbrella, a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.
Netflix's Chief Executive Officer Reed Hastings speaks during an interview with Reuters in Buenos Aires

Netflix's Loss of 800,000 Subscribers Hit Q4 Forecast

Netflix Inc. (NASDAQ: NFLX) reported a loss of 800,000 subscribers as a result of a price hike in July, as well as its September attempt to split and re-brand its DVD-by-mail service as. This has led to a fourth quarter guidance that was substantially below Wall Street's expectations.
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Strong licensing helps ARM beat expectations

Britain's ARM Holdings reported strong licensing of its chip designs in the third quarter, helping it beat market expectations and offset current weak demand in consumer electronic markets ahead of the holiday season.
Olympus Corp President Kikukawa speaks during a news conference in Tokyo

The 'Emperor' of Olympus, Protector no Longer

When Michael Woodford began his short tenure as Olympus president, he described the man who hired him, Chairman Tsuyoshi Kikukawa, as an umbrella, a protective cover to deflect anyone out to stop the Briton's western-style tough cost-cutting.

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