IBT Staff Reporter

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Joe Jonas, Actor and Producer in 'Older-feeling Kind of Movie' [VIDEO]

Joe Jonas has been experiencing a busy year. The middle Jonas brother has gone solo in a side project. With an album and tour coming up within a few weeks, it seems crazy to think that the 22 year-old also has a new film in the works. The star has two roles in the project--actor and producer. Joe Jonas is truly living the fast life.

Futures up on Fed stimulus hopes

Stock index futures gained on Wednesday on comments from Federal Reserve officials that boosted hopes of more monetary stimulus and as investors awaited data for a better assessment on the economy, including the weak labor sector.

Liberal leadership rebuffs united left calls

The leader of the Liberals, a party reduced to also-ran status in the May federal election, on Tuesday rebuffed the idea of an alliance with their left-of-center rivals, even as a former party leader touted a merger as the only way the left would win back power.

Bailiffs raid Moscow offices of BP unit

Russian bailiffs raided the Moscow offices of a trading unit of British oil company BP on Wednesday and company sources said most of the staff were told not to come to work.

Japan backs Sony, Toshiba, Hitachi LCD merger

Japan's Sony Corp, Toshiba Corp and Hitachi Ltd will merge their liquid-crystal display operations using $2.6 billion of government-backed funds to fend off growing competition from rivals in South Korea and Taiwan.

Stock futures advance

Stock index futures pointed to a higher open for equities on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3-0.8 percent.

Nokia senior exec leaving for venture fund

Finnish phone maker Nokia said a senior executive was leaving the company to work for a new venture investment fund which will help it develop new applications for its phones.

Sony, Toshiba, Hitachi to merge LCD operations

Japan's Sony Corp, Toshiba Corp and Hitachi Ltd will merge their liquid-crystal display operations using $2.6 billion of government-backed funds to fend off growing competition from rivals in South Korea and Taiwan.

Russia's Mail.ru Raises 2011 Growth Forecasts

Russian internet investment group Mail.ru raised its full-year revenue growth forecast to 50 percent from 40 percent on Wednesday after sales and profit rose at its social network, online gaming and e-mail activities in the first half.

Russia's Mail.ru raises 2011 growth forecasts

Russian internet investment group Mail.ru raised its full-year revenue growth forecast to 50 percent from 40 percent on Wednesday after sales and profit rose at its social network, online gaming and e-mail activities in the first half.

Asia to Add 1.66 Million Millionaires by 2015: Study

Asia will add 1.66 million dollar-millionaires by 2015, taking the total number of wealthy to 2.82 million as the world's fastest-growing major economies of China and India continue to mint millionaires, a report from Julius Baer said on Wednesday.

Moscow office raid deals BP new blow in Russia

Bailiffs raided BP's Moscow offices on Wednesday, a new humiliation for the British oil company a day after ExxonMobil signed an agreement that ended BP's hopes of developing Arctic offshore oil fields with Russia.

Sony may stumble in bid to become tablet No.2

Sony Corp's new tablet computers, expected to be launched on Wednesday, face an uphill battle against dominant players Apple Inc and Samsung Electronics, with the gadget's expected pricing in particular raising red flags.

Sony may Stumble in Bid to Become Tablet No. 2

Sony's new tablet computers, expected to be launched Wednesday, face an uphill battle against dominant players Apple and Samsung Electronics, with the gadget's expected pricing in particular raising red flags.

WikiLeaks says website was target of cyber attack

WikiLeaks said its website had been the target of a cyber attack late on Tuesday as it proceeded with the release of thousands of previously unpublished U.S. diplomatic cables, some still classified.

WikiLeaks says it's Under Cyber Attack

WikiLeaks said Wednesday morning its Web site was the target of a cyber attack late Tuesday as it proceeded with the release of thousands of previously unpublished U.S. diplomatic cables, some still classified.

U.S. Stock Futures Advance

Stock index futures pointed to a higher open for equities Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 up 0.3 to 0.8 percent.

U.S. Probes Oracle on African Deals: Report

U.S. authorities are investigating whether business software maker Oracle Corp.'s deals in Africa violated federal anti-bribery laws, the Wall Street Journal reported, citing sources familiar with the matter.

Bloomberg LP Must Defend Swatch Analyst Call Case

Bloomberg LP lost a bid to dismiss a lawsuit by Swatch Group AG that accused the news service of secretly recording an earnings conference call with securities analysts and giving a transcript to clients.

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