IBT Staff Reporter

Former Olympus Corp head Michael Woodford is close to releasing names of an alternative slate of directors for the board of the company, he told Reuters in an interview, as he fights to return at the helm of the company.

A former UBS trader accused of unauthorized dealing that cost the Swiss bank $2.3 billion was expected to enter a plea for the first time on Tuesday in a case that led to the resignation of UBS's chief executive.

European shares and the euro rose on Tuesday on unexpectedly good news about the German economy's prospects, but concerns about problems policymakers are having in tackling the euro zone debt crisis limited gains.

Sony Corp shifted 321,400 units of the PlayStation Vita, its new handheld game device, in Japan in its first two days on sale, research firm Enterbrain said on Tuesday.

It is a good time to be a U.S. stock investor for the long term - if you can ignore the noise erupting every few hours.

Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.

Asian stocks and the euro edged up on Tuesday, but sentiment remained fragile on concerns that efforts to contain the euro zone debt crisis were faltering and tougher rules to strengthen banks' capital would further undermine their profits.

On a recent brisk Beijing morning, the competition for depositors was in full swing at a Bank of Communications branch office.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in a patent lawsuit over smartphone technology that will set the stage for further battles between rival makers in the fiercely competitive market.

All Nippon Airways <9202.T>, the first operator of Boeing Co's 787 Dreamliner, said it will postpone the start of Dreamliner service on some international routes because of a delay in receiving another Dreamliner.

Vulcan Materials Co , the world's largest producer of sand, gravel and other construction materials, said it is consolidating its eight divisions into four operating regions as part of ongoing efforts to cut costs.

Japan has picked Lockheed Martin's F-35 as its next mainstay fighter, Defense Minister Yasuo Ichikawa said on Tuesday.

The Federal Reserve is unlikely to need to ease monetary policy further given the country's steady if moderate pace of economic growth, Richmond Fed President Jeffrey Lacker said on Monday.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in their smartphone patent battle after the International Trade Commission ruled HTC infringed on only one of four patents at the center of the case brought by Apple.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in their smartphone patent battle after the International Trade Commission ruled HTC infringed on only one of four patents at the center of the case brought by Apple.

NDS Group Holdings Ltd, which provides software services to pay television, filed with U.S. regulators to raise up to $100 million in an initial public offering of its common stock.

Business software maker Red Hat Inc forecast fourth-quarter revenue largely below analysts' expectations hurt mainly by a weaker euro, sending its shares down 7 percent in after-market trade.

Business software maker Red Hat Inc's quarterly results edged past market expectations as demand from corporate customers drove subscription revenue growth.

Transgender celebrity activist Chaz Bono and his fiancee Jennifer Elia have broken off their engagement and separated after six years of dating, the former Dancing with the Stars contestant said on Monday.

Bank of America Corp shares closed below $5 on Monday for the first time since March 2009 amid continued concern about its need to build capital.

The Federal Reserve is expected to release this week a highly anticipated proposal for how it will oversee the largest U.S. banks, a person familiar with the plan said on Monday.

Military prosecutors sought to link U.S. Army intelligence analyst Bradley Manning directly to WikiLeaks founder Julian Assange on Monday at a hearing to determine whether Manning will be court-martialled in the biggest leak of classified documents in American history.

Apple Inc scored a narrow victory against Taiwan's HTC Corp in their smartphone patents battle, after the International Trade Commission found HTC infringed on one of Apple's patents.

The upstart wireless company that is being bankrolled by Philip Falcone's $5 billion Harbinger Capital Partners hedge fund could run out of money during the second quarter of 2012, according to the company's financial statement.

Taiwanese handset maker HTC Corp narrowly lost a patent battle with Apple Inc on Monday, as the International Trade Commission found that HTC had infringed on one of Apple's patents.

AT&T has dropped its controversial $39 billion bid for Deutsche Telekom's wireless U.S. unit, bowing to regulatory opposition over the deal that would have made it the largest cellphone operator in the country.

Banks dragged the stock market lower on Monday, with losses accelerating late after Bank of America's stock price fell below

Why has Bill Clinton finally agreed to be interviewed by Bill O'Reilly on The O'Reilly Factor? Perhaps it's a last-minute push for his recent book, Back to Work, as a Christmas gift?

Prince Alwaleed bin Talal, the Saudi billionaire and an investor in some of the world's top companies, has bought a stake in microblogging site Twitter for $300 million, gaining another foothold in the global media industry.