IBT Staff Reporter

Japan's economy grew 1.5 percent in July-September from the previous quarter following three quarters of contraction as exports and consumption rebounded from a slump caused by the March earthquake, government data showed on Monday.

The United States is ramping up attempts to safeguard its financial system from a worsening of Europe's debt crisis, joining nations in Asia, Latin America and elsewhere in trying to build firewalls.

Much of the developed world is charging ahead with austerity plans that will drag on the world economy next year, with bond market vigilantes beating the drum for ever-more belt tightening.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Southwest Airlines Co plans to offer more international service next year through its AirTran subsidiary, an executive said on Sunday.

Iran said on Sunday it had detected the Duqu computer virus that experts say is based on Stuxnet, the so-called cyber-weapon discovered last year and believed to be aimed at sabotaging the Islamic Republic's nuclear sites.

The chief executive of European aerospace group EADS said a decision by the German government to take a 7.5 percent stake lifted uncertainty over the group's shareholder structure but that the management had proposed a long-term alternative.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

A public health expert says if pediatricians help their patients maintain a healthy weight and abstain from smoking early in life, fewer of them will develop heart problems as adults.

Eli Lilly and Co has hit a tough spot with the pharmaceutical company's top treatment now facing competition from cheaper generic brands and the looming loss of patent protection on other drugs.

Wall Street is stuck in a highly volatile range as investors hoping for a rally into the end of the year are browbeaten by Europe's unfolding crisis.

Asia-Pacific leaders will call on countries on Sunday to do what they can to bolster economic growth, rallying around the common threat from Europe's debt crisis despite divisions over trade and currency policies.

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.

President Barack Obama and Chinese President Hu Jintao presented dueling trade agendas at a Pacific summit on Saturday that underscored growing tensions between the world's two biggest economies.

Swiss drugmaker Roche Holding AG does not need a new cost-cutting program after it announced a big savings plan last year, Chairman Franz Humer told a newspaper on Sunday.

Swiss drugmaker Roche Holding AG does not need a new cost cutting program after it announced a big savings plan last year, Chairman Franz Humer told a newspaper on Sunday.

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears of stalling global growth.

The UBS board will appoint Sergio Ermotti as permanent CEO shortly before a keenly awaited investor day on Thursday, a Swiss newspaper reported Sunday.

The board of UBS will appoint Sergio Ermotti as permanent chief executive shortly before a keenly-awaited investor day on Thursday, a Swiss newspaper reported on Sunday.

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Gulf airlines despite growing fears over the world economy.

Emirates Airline placed an order for 50 Boeing 777 aircraft on Sunday at the start of the Dubai Air Show, as the carrier appeared set to maintain its steep expansion path.

Emirates airline placed a blockbuster order for 50 Boeing 777 jetliners at the Dubai Air Show on Sunday, underscoring the confidence brimming among fast-growing Persian Gulf airlines despite growing fears over the world economy.

Japan's securities watchdog may recommend that a levy be imposed on the Olympus Corp. for false financial reports, a source said Sunday. The move could prevent a delisting of the company's shares over one of the country's biggest corporate scandals.

Japan's securities watchdog may recommend that a levy be imposed on Olympus Corp for false financial reports, a source familiar with the case said on Sunday, a move which could prevent a delisting of the company's shares over one of the country's biggest corporate scandals.

Manny Pacquiao is still the World Boxing Organization welterweight titleholder after a points victory over Juan Manuel Marquez, albeit controversially, in Las Vegas.

A haircut of Greek debt is damaging to Greece and the euro area, and has stoked wider concern about possible impairment of bonds in other euro zone members, ECB Governing Council member Athanasios Orphanides said in a newspaper interview on Sunday.

A haircut of Greek debt is unnecessary and harmful for Greece and the Eurozone, and it has stoked wider concerns about future bond impairment in other member states, European Central Bank Governing Council member Athanasios Orphanides said in a newspaper interview Sunday.

A Boeing Co. airplane order worth as much as $15 billion from host airline Emirates looked set to fire up the Dubai Air Show on Sunday as Gulf airlines expand in the face of growing fears over the world economy.

Below are quotes from leaders of Pacific Rim countries and business executives attending the Asia-Pacific Economic Cooperation summit on Saturday.