IBT Staff Reporter

Chelsea got their first convincing pre-season win against the Thailand All Stars on Sunday with a 4-0 win in Bangkok.

Canon Inc <7751.T> posted a 30.9 percent decline in quarterly operating profit on Monday, hurt by production halts due to parts shortages after the March 11 earthquake, but it raised its full-year forecast due to a faster recovery than expected.

Canon Inc <7751.T> posted a 30.9 percent decline in quarterly operating profit on Monday, hurt by production halts due to parts shortages after the March 11 earthquake, but it raised its full-year forecast due to a faster recovery than expected.

The Food and Drug Administration (FDA) has proposed to monitor certain medical apps in mobile phones to ensure that it?s safe for the users.

Stock index futures dropped on Monday as a political impasse in Washington's debt ceiling talks fueled worries of a U.S. default, knocking world equities lower and pushing gold to a record high.

Quarterly earnings at Asian automakers will show Japanese automakers at their worst after the March 11 earthquake disrupted parts supplies, while South Korean rivals charged ahead with sales gains in major markets.

Amy Winehouse, a British singer whose unidentified death at her London flat has stormed the media with speculations, was reportedly in possession of several drugs, namely Ecstasy, Cocaine and Ketamine.

A group of teenagers are battling for their lives after a horrific Grizzly Bear mauling on Saturday at an Alaskan creek in Talkeetna. The boys were part of a survival skills program which comprised of a 30 day backpacking course through the Alaskan wilderness.

Chinese officials in Kunming ordered two fake Apple shops to close, a local newspaper reported on Monday, an apparent reaction to a storm of media attention about an unauthorized and elaborate hoax store in the southwestern city.

For the premiere of his new shoot-'em-up epic "Cowboys & Aliens", Jon Favreau presented a screening almost as big and bombastic as the movie itself, invading the San Diego Civic Theatre with a horde that included Daniel Craig, Harrison Ford, Olivia Wilde, Sam Rockwell, Steven Spielberg and Ron Howard.

A bear attacked a group of seven teenagers camping in the Alaskan wilderness on Saturday.

A former Chicago commodities broker who disappeared almost 32 years ago and was declared dead in 1986 was found working as a sports book writer in an upscale Las Vegas neighborhood, a job he had held for a decade.

On the face of it he buckled.Just two weeks after he insisted publicly we say no to selective default, European Central Bank President Jean-Claude Trichet agreed to a deal forged by the leaders of Germany and France that will result in exactly that.

A bitterly divided Congress set the United States on a collision course with financial markets on Monday as Democrats and Republicans pursued rival plans unlikely to generate the broad support needed to avert a catastrophic and unprecedented debt default.

Astromomers found the largest reservoir of water ever discovered in space, which measures 140 trillion times the earth's ocean water. It is also the farthest reservoir of water discovered in the universe, according to two teams of researchers.

Astromomers found a reservoir of water in space that measures 140 trillion times the earth's ocean water. It is also the farthest reservoir of water ever discovered in the universe, according to two teams of researchers.

The United States took a step closer to losing its coveted triple-A credit rating over the weekend as a political impasse in Washington reduced hopes of an agreement to meaningfully cut the nation's budget deficit.

Anders Behring Breivik placed himself potentially outside of religious Christianity in a 1,500 page manifesto he has reportedly admitted to writing.

Apple is set to exponentially grow its China business as the country's No.1 and No.3 telecom operators jostle to stitch up deals to sell iPhones in the world's largest mobile phone market, home to more than 900 million subscribers.

Superhero movie "Captain America: The First Avenger" triumphed at the U.S. and Canadian box offices with $65.8 million in weekend ticket sales as the magic faded from the final "Harry Potter" film's record-breaking debut. The strong opening for "Captain America" topped expectations in its battle against the hugely successful "Harry Potter and the Deathly Hallows - Part 2," which saw its massive opening-weekend audience from last week shrink by 72 percent.

A sharply divided Congress pursued rival budget plans on Sunday that appeared unlikely to win broad support, pushing the United States closer to a debt default that would reverberate around the world.

A British pop singer Amy Winehouse was found dead on Saturday in her apartment in London. She was only 27 years old.

General Motors canceled the sale of its Opel and Vauxhall brands two years ago because the proposed buyers were demanding the right to sell its factories to a Russian state-owned car maker, the Times said on Monday.

Just hours before Amy Winehouse died at the tender age of 27, she had cleared a medical examination with her doctor. "The doctor was happy with her condition. When he left on Friday night he had no concerns", according to a source to The Sun.

The young English pop star Amy Winehouse who died at the age of 27 may have been dead for up to 6 hours before she was found on her bed on Saturday afternoon by a security guard. The security guard was the one who had been hired to look after her.

News Corp executive James Murdoch was under pressure on Monday over his handling of a phone-hacking scandal that has hit the Murdoch family's media empire and could jeopardize his own position at the company.

President Barack Obama and Congressional leaders have missed a self-imposed Sunday deadline reach a deal to raise the U.S. federal debt limit, bringing the default deadline for U.S. obligations even closer.

Planking has become an Internet sensation within a short period of time despite the fact that it's dangerous and it's facing a new threat now - Owling.

Owling is now on the rise as the latest trend on Facebook. If it's not as thrilling as the popular Facebook fad, namely planking, what makes the new pose so trendy?