IBT Staff Reporter

The Los Angeles Dodgers have proposed an auction of the right to broadcast the baseball team's games in a bid to bring in billions of dollars to stabilize its finances and end its bankruptcy.

A magnitude 6.8 earthquake hit a remote Himalayan region in northern India on Sunday evening, killing at least four people and five in neighbouring Nepal as well as damaging buildings and blocking roads, officials said

Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody's Investors Service said on Monday.

Astronaut Mark Kelly, husband of wounded Representative Gabrielle Giffords, was scheduled to fly aerobatics in a P-51 Mustang in the Reno air show on Saturday, a Giffords' spokesman said.

Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody's Investors Service said on Monday.

An eventful game ended with Manchester United securing a 3-1 win over Chelsea at Old Trafford, although the match will be remembered more for the number of missed chances than the well-taken goals.

Kyle Chandler wins best drama actor Emmy

Kyle Chandler wins best drama actor Emmy

First-time Emmy nominee Melissa McCarthy won the award for best comedy actress on Sunday for her role in Mike & Molly, capping a breakout year in which she also wowed movie audiences in comedy Bridesmaids earlier this year.

The chief executive of AngloGold Ashanti Ltd said he expects gold prices to hit $2,200 an ounce by next year and hinted the South African miner could boost its dividend.

China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.

China should refrain from boosting credit and fiscal spending again as stimulus measures to avoid fueling inflation and pushing up government debt, Wu Xiaoling, a former deputy central bank governor said in remarks published on Monday.

Diversified manufacturer United Technologies Corp is exploring a takeover of aerospace company Goodrich Corp but the two sides are not yet close to a deal, according to a source with knowledge of the situation.

The London Bullion Market Association is working out ways for refiners on its Good Delivery List to avoid falling foul of new regulations against conflict gold as a number one priority, LBMA chairman David Gornall told Reuters on Sunday.

India's GVK Power & Infrastructure will pay $1.26 billion for a majority stake in three Australian coal mines and a port and rail project owned by Hancock Group to secure long-term coal supplies for the Indian group's power projects.

British companies will be required to publish more details on the pay packages of top executives under a government drive to fix a disconnect between remuneration and corporate performance, Business Secretary Vince Cable said on Monday.

Wall Street was blocked off by the New York City Police Department for a second day in a row as demonstration organizers targeting Wall Street financial firms tried to keep up protests.

Wall Street was blocked off by the New York City Police Department for a second day in a row as demonstration organizers targeting Wall Street financial firms tried to keep up protests.

Once again, “The Lion King” hits it big at the Box Office, raking in $29.3 million in the first weekend.

UBS announced the loss from unauthorized trading equated to approximately $2.3 billion, more than the $2 billion that was initially reported.

Even though Canada's big oil producers are raking in profits on high crude prices and stellar refining margins, their share prices are languishing as investors fret about the economic risks that could slow global petroleum demand.

Greece on Sunday pledged to take the tough decisions needed to avoid default but announced no new austerity measures to secure international bailout funds next month.

U.S. electronics retailer Best Buy Co is talks with shareholders about the future of its stores in Britain, the Sunday Express reported.

Swiss bank UBS increased the amount it said it had lost on rogue equity trades to $2.3 billion on Sunday and Chief Executive Oswald Gruebel said the alleged fraud would have consequences for strategy and possibly also for himself.

The German and Swiss governments aim to sign a deal this week on taxing money stashed by German citizens in secret accounts in the Alpine state, according to a German government source.

A French banking system shaken by a crisis of confidence and hobbled by the need to deleverage and write down assets could choke off credit to consumers and businesses and shatter France's fragile recovery.

Wall Street hopes for more Fed action and clear signs European leaders will follow through on their new urgency to tackle the euro zone debt crisis if U.S. stocks are to build on their best week since early July.

Pakistan will not seek a new International Monetary Fund programme, nor will it ask for an extension of the current one due to end on September 30, because it has no balance of payments crisis and has enough foreign exchange reserves, a finance ministry official told Reuters on Sunday.