IBT Staff Reporter

Arsenal could lose another top midfielder to a Spanish club as Real Madrid are reportedly interested in the 19-year-old Jack Wilshere.

UBS AG sealed the permanent appointment of Sergio Ermotti as chief executive on Tuesday and named former Bundesbank president Axel Weber as chairman from next May as it fills a leadership vacuum following its $2 billion trading scandal.

Brazil saw off Egypt 2-0 in an International Friendly in Doha, with two goals from Valencia forward Jonas.

Qatar Airways looks set to double its order for the world's largest airliner with a purchase of five Airbus A380 superjumbos on Tuesday.

An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.

Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.

UBS named Sergio Ermotti as its new chief executive, making permanent the 51-year-old Swiss banker's appointment as a temporary successor to Oswald Gruebel, who left the Swiss bank in September following a $2 billion rogue trading scandal.

It's getting to be that time of year again: silver bells ringing, chestnuts roasting over an open fire... and you stitching together eight pillows and a roll of bubble wrap to pair with a bike helmet in preparation for the collective mob delirium known as Black Friday.

Huawei Technologies, the world's No.2 telecoms equipment maker, plans to buy the remaining 49 percent stake in a joint venture with Symantec Corp that it does not already own for $530 million to bolster its corporate security solutions business.

MF Global Holdings Ltd may have faced a shortfall in customer funds even as far back as October 27, four days before the U.S. futures brokerage filed for bankruptcy protection, the Wall Street Journal said, citing people familiar with the situation.

Jerry Sandusky, the former Penn State University assistant football coach charged with child sex abuse, said on Monday he is not a pedophile, but admitted he showered with young boys.

Fresh off the monster success of Harry Potter, director David Yates is turning his attention to another British icon, Doctor Who.

Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.

Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.

After pleading guilty to online solicitation of a minor, KHOU-TV reported that a 38-year-old woman from Katy, Texas, received a sentence of five years' probation on Friday.

Actress Meryl Streep unveiled a poster in London on Monday promoting her upcoming big-screen portrayal of former British Prime Minister Margaret Thatcher, which one early review described as magnificent.

Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.

Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.

Sex-tape veteran and frequent Playboy Playmate Pamela Anderson is reclaiming her virginity -- at least on Canadian television.

Kim Kardashian has found herself in a hairy situation -- and it has nothing to do with the drama over her impending divorce from NBA player Kris Humphries.

The struggling Thursday night shows Prime Suspect and Community are missing from NBC's midseason schedule, but at least one of them is expected to return.

Chris Meledandri's Illumination is expanding.

Columbia Pictures is in final negotiations to acquire the film rights to Evan Mandery's romantic novel Q, and will put the Pineapple Express team of writer/director David Gordon Green and producer Matt Tolmach in charge of the project, an individual close to the studio said.

CBS announced its midseason schedule Monday, revealing the premiere dates for the new Rob Schneider comedy ROB! as well as the season premiere date for Season 3 of Undercover Boss.

A top adviser to Oakland Mayor Jean Quan resigned on Monday over the city's handling of anti-Wall Street demonstrations, describing a morning raid to clear a downtown protest camp as a mistake that could trigger more volatility.

Cheryl Forberg, the longtime off-camera dietary architect for the NBC reality series The Biggest Loser, is leaving the show, she told TheWrap Monday.

An investment banker raised concerns about dubious accounting at Japan's disgraced Olympus Corp as long ago as the 1990s, after he discovered it was using Bermuda-based funds to invent assets and patch up its balance sheet, he told Reuters.

A senior Airbus executive predicted continued strong demand for the revamped A320neo jet as carriers scramble to save fuel and raised the prospect of quick new sales at the Dubai Air Show.

Kate Middleton married the British future King in April but her younger sister Pippa, who served as bridesmaid in Kate's grand and high-profile wedding, didn't turn out to be lucky in love like her elder sister.