IBT Staff Reporter

European Union negotiators agreed to a two percent rise in the bloc's budget for next year to 129 billion euros ($174 billion), following more than fifteen hours of talks which ended in the early hours of Saturday morning.

Japanese Prime Minister Yoshihiko Noda said on Saturday Asia needs to consider further steps to avoid a financial crisis as the euro zone's debt problems could spill into the region.

Switzerland could see a deal within the next three to six months to end a long-simmering dispute over how it will hand over data to the United States on wealthy Americans suspected of dodging taxes, Julius Baer CEO Boris Collardi said on Saturday.

Switzerland could see a deal within the next three to six months to end a long-simmering dispute over how it will hand over data to the United States on wealthy Americans suspected of dodging taxes, Julius Baer Chief Executive Boris Collardi said on Saturday.

Greece's creditors failed on Saturday to persuade the leader of the main conservative party to drop his refusal to sign a pledge that he will back austerity measures under a bailout deal aimed at saving the country from financial ruin.

China will make the yuan more flexible in either direction and its recent reforms to make the currency more market-oriented have begun to achieve some results, Premier Wen Jiabao said on Saturday.

Chelsea manager Andre Villas-Boas has come out in support of under-pressure striker Fernando Torres, insisting he wouldn't think twice about paying £50 million for the Spaniard, again.

Manchester United will travel to South Wales for Saturday's late kick-off against Swansea in the Premiership.

George Clooney, who will no doubt be receiving his share of honors this awards season for his work on both The Descendants and The Ides of March, has been named recipient of the Chairman's Award at the 2012 Palm Springs International Film Festival.

Homicide detectives who have reopened an investigation into the death of Natalie Wood after three decades said on Friday that the film star's husband, actor Robert Wagner, was not considered a suspect.

The Bluths are back.

The Man From U.N.C.L.E. has run into serious turbulence.

ABC announced its midseason premiere schedule Friday, revealing that the new series GCB (short for Good Christian Belles, originally Good Christian Bitches) will occupy the slot following Desperate Housewives, debuting Sunday, March 4 at 10 p.m.

With a leading role in a hit television series and an Emmy under his belt, actor Peter Dinklage returns to his indie movie roots in the dark comedy Pete Smalls Is Dead.

As attention in the Olympus accounting scandal turns to whether funds used to cover up losses were funneled to criminal groups, scrutiny is set to increase on deals not yet in the spotlight, including an ill-fated $780 million investment in technology firm ITX.

Fox Sports asked a bankruptcy court late Friday to dismiss the Los Angeles Dodgers' bankruptcy cases, saying they fail the test of good faith and are nothing more than an attempt to extract more money from deals to the baseball club's telecast rights.

The United States plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the presidents of the two countries announced in Bali on Friday on the fringes of an Asia-Pacific summit.

The United States plans to supply 24 refurbished F-16C/D fighter aircraft to Indonesia, the presidents of the two countries announced in Bali on Friday on the fringes of an Asia-Pacific summit.

Hisashi Mori, an ex-vice president of Japan's disgraced Olympus Corp., has been questioned by Japanese prosecutors on a voluntary basis as part of an investigation into an accounting scandal at the 92-year-old firm, media said Saturday.

Oracle Corp accused Hewlett-Packard C of secretly contracting with Intel Corp to keep Intel's Itanium microprocessor from being phased out, according to a court filing from Oracle in its long-running legal battle with HP over the Itanium platform.

A brutal year for global investors may get even worse next week should the U.S. Congress prove yet again it is too bitterly divided to deliver on its promise to cut the gaping federal budget deficit.

A brutal year for global investors may get even worse next week if Congress proves yet again it is too bitterly divided to deliver on its promise to reduce the gaping U.S. budget deficit.

Until the Lincoln Unified School District finishes investigating claims that Heidi Kaeslin's been making money on the side by working on pornographic Web sites with a retired police officer using one of its laptops, the 35-year-old California teacher will be on paid leave, The Record reported Wednesday.

A light sentence handed down on Friday for a former top UBS private banker who became a U.S. government informant on wealthy American tax cheats ramps up pressure on the Swiss banking industry.

Wall Street is in for a volatile week as escalating problems in Europe's debt crisis continue to keep investors on their toes. With light trading volume expected due to the U.S. Thanksgiving holiday on Thursday, intraday swings are likely to be wide and frequent.

Wall Street is in for a volatile week as escalating problems in Europe's debt crisis continue to keep investors on their toes.

Seven banks that helped MF Global Holdings Ltd. sell bonds were sued by pension funds who said the bonds' offering prospectuses concealed problems that led to the futures brokerage's collapse.

Seven banks that helped MF Global Holdings Ltd sell bonds were sued by pension funds who said the bonds' offering prospectuses concealed problems that led to the futures brokerage's collapse.

When he walked into the jury room to start deliberating in Rambus Inc's $4 billion antitrust lawsuit against two rivals, one juror felt confident that the small microchip designer should prevail.