Oscars bring back Billy Crystal
Oscar organizers on Thursday brought back funnyman Billy Crystal to host the film awards after recent days of turmoil that led to the departure of one producer and his handpicked emcee Eddie Murphy.
Stock index futures signal gains; Disney eyed
Stock index futures pointed to a higher open on Wall Street on Friday, with futures for the S&P 500 up 0.6 percent, Dow Jones futures up 0.4 percent and Nasdaq 100 futures up 0.7 percent at 0924 GMT (4:24 a.m ET).
Analysis: Olympus medical business too big to fail
Japan's Olympus Corp risks collapsing under a massive accounting scandal, but the company's big and profitable medical business is likely to emerge from any wreckage unharmed.
Gulf airline expansion to roll on despite European turbulence
Gulf airlines and lessors could splash out more than $20 billion on Airbus and Boeing jets at next week's Dubai air show, underscoring the region's role as the industry's chief paymaster amid Europe's worsening sovereign debt crisis.
Private equity takes two approaches to Yahoo: sources
Private equity firms including KKR and TPG Capital are looking to potentially buy minority stakes of up to 20 percent in Yahoo Inc with an eye to eventually taking over the whole company, people with knowledge of the situation said.
U.S. puts tricky pipeline decision past 2012 election
The U.S. government on Thursday delayed approval of a Canada-to-Texas oil pipeline until after the 2012 U.S. election, bowing to pressure from environmentalists and sparing President Barack Obama a damaging split with liberal voters he may need to win reelection.
Greeks welcome news on PM, await crisis cabinet
Greeks lauded the nomination of new prime minister Lucas Papademos on Friday and expressed hope his government could put the economy back on track and calm political turmoil that has threatened to force Athens out of the euro zone.
Canada's tiny Arctic port faces uncertain future
Every summer for three months, the Hudson Bay ice breaks up and ships load Canadian Prairie grain for export, putting more than 100 people to work in the tiny northern Manitoba town of Churchill.
Bruins put skids on Oilers in 6-3 win
Stanley Cup champions Boston powered their way to a fourth consecutive win on Thursday with a 6-3 victory over the high-flying Edmonton Oilers at TD Garden.
Paris Masters - Djokovic, Federer, Murray Secure Quarterfinal Spots
The top three seeds progressed in the Paris Masters, although with varying degrees of comfort as Novak Djokovic, Roger Federer and Andy Murray progressed to the quarterfinals.
Chelsea Transfer Rumours - Cazorla, Eriksen, Lukaku and Sturridge
Chelsea fans will be hopeful of fresh transfer rumours being true, as Spanish winger Santi Cazorla is the latest to be linked with the London side.
China Oct bank loans rebound, more policy easing expected
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of selective policy easing by the government to keep the world's second-largest economy on an even keel.
Politics Stymie China's EU Aid Offer
Diplomatic deadlock is curbing China's will to provide cash to help end the euro zone crisis after Europe spurned the simplest of Beijing's three key demands, two independent sources have told Reuters.
BP wins Russian court cases over TNK-BP
A Russian court threw out two multi-billion dollar lawsuits against BP on Friday, handing the British oil company a key victory in legal battles surrounding its Russian oil venture TNK-BP.
MF Global Asia Sale Hampered by Problems Unwinding Trades
MF Global's liquidators are struggling to sell the Asian business as one concern because of problems unwinding trading positions, so they may now sell the various country units separately.
Asian shares rebound, but on course for weekly loss
Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Telefonica 9-month net sags under restructuring charge
Spanish telecoms giant Telefonica stuck to shareholder return targets on Friday, despite a challenging operating environment which saw profit fall a more-than-expected 69 percent in the first nine months of the year.
China Bank Loans Rebound in October, More Policy Easing
Chinese banks wrote 587 billion yuan ($92.5 billion) of new loans in October, much more than expected and a sharp jump from September, evidence of "selective" policy easing by the government to keep the world's second-largest economy on an even keel.
Shares gain, euro climbs as Italy in focus
European shares rose on Friday while the euro held onto modest gains as investors bought beaten-down riskier assets, with markets focused on whether debt-laden Italy could implement tough austerity measures crucial to avoid a euro zone meltdown.
Analysis: As Europe Eyes China, Japan may be the Suitor to Watch
Japanese banks backed by more than $6 billion in spare cash are in talks to buy assets from European banks, sources familiar with the discussions said, as euro zone leaders try to coax foreign capital to help overcome the bloc's debt crisis.
Japan's PM Struggles with Agreement on U.S.-Led Trade Pact
Prime Minister Yoshihiko Noda looked to be struggling on Friday to win backing from his own party for Japan to join talks on a U.S.-led free trade pact that could transform the Japanese economy.
Japan's PM struggles with agreement on U.S.-led trade pact
Prime Minister Yoshihiko Noda looked to be struggling on Friday to win backing from his own party for Japan to join talks on a U.S.-led free trade pact that could transform the Japanese economy.
As Banks Stop Hiring, Industry Safety Net Rips Apart
The banking sector, enduring rounds of deep job cuts, faces the grim prospect of having nowhere to turn to for immediate employment in the industry, as nearly all branches of finance have pulled back on hiring.
Mel Gibson Didn’t Get Laura Bellizzi Pregnant, Rep Says
A representative for Mel Gibson denied talk about the actor fathering a baby with reality-show star Laura Bellizzi, as Star reported Thursday. The buzz about Gibson supposedly getting Bellizzi pregnant, his representative insisted in a statement that appeared on the Daily Mail's website, was complete and utter rubbish, 100 percent untrue.
Screen Gems movie studio to remake 'The Raid'
Screen Gems has acquired the remake rights for the Indonesian action movie The Raid, the studio announced Wednesday.
Autobahn Script Sells for Mid-Six-Figure Sum
F. Scott Frazier, who wrote The Numbers Station and Line of Sight, has sold his newest spec script to the British production company/financier Between the Eyes, TheWrap has learned.
Asia-Pacific ministers press Europe to act fast
Asia Pacific countries pressed Europe on Thursday to act more forcefully to quell its debt crisis, setting the tone for a summit overshadowed by growing alarm over the fallout from euro-zone upheaval.
Millions Set to Remember Britain's Fallen Heroes
Millions of people are expected to join the various ceremonies that commemorate Armistice Day which remembers the sacrifice of the war dead, later today.
Insight: China Commodities Gamble Heightens Property Threat
Sitting in China's copper and steel warehouses is a hidden risk to the world's second-largest economy -- banks' indirect exposure to a property market that is showing signs of stress.
Insight: China commods gamble heightens property threat
Sitting in China's copper and steel warehouses is a hidden risk to the world's second-largest economy -- banks' indirect exposure to a property market that is showing signs of stress.