IBT Staff Reporter

Single-family home prices dipped modestly in April, pointing to signs of stabilization in the battered housing market at the start of the spring buying season, a closely watched survey said on Tuesday.

Israel has backed down from its threat to ban journalists covering the pending flotilla to Gaza from entering the country for a decade.

In an unprecedented gesture, Arsenal manager Arsene Wenger wrote a letter to a disgruntled supporter, who had written to the club asking why he hadn't made any big-money signings.

China has asked the US not to interfere in mounting tensions between Beijing, Hanoi and three other Southeast Asian governments over the South China Sea.

A sequel of Green lantern on the anvil for Warner Bros

French Finance Minister Christine Lagarde looks set to emerge on Tuesday as the International Monetary Fund's new chief, maintaining the tradition of a European heading the global lender.

Facebook users spend 700 billion minutes per month accounting for a quarter of the World’s total web traffic.In spite of that, most of them have not explored beyond the communicating and sharing features.

The European Union warned Greek lawmakers on Tuesday their country faced immediate default unless they approve a hated austerity plan, as strikers began new mass protests against the EU/IMF-imposed measures.

Wide spread reports in Brazil claim that five European sides have met the release €45 million release clause of Santos' Brazilian starlet Neymar.

The bus loaded with supporters of a planned $100 million mine had just left its remote Kyrgyz village when a mob on horseback blocked the road. What happened next was a warning to foreign mining companies who had hoped democracy in Kyrgyzstan would improve the investment climate in the Central Asian republic.

Fears of defending champion Rafael Nadal's Wimbledon campaign ending prematurely has been eased as reports suggest his ankle injury, sustained during his fourth-round victory against Argentine Juan Martin del Potro, isn't serious.

Apple is in the throes of dealing a double whammy to Android as it plans to release two iPhones, the iPhone 5 and iPhone 4S in September.

Stock index futures were little changed on Tuesday as investors were reluctant to make bets after a rally in the previous session and as they waited to see if the Greek parliament would adopt a deeply unpopular austerity plan.

European Union officials are working on a contingency plan for Greece if its parliament rejects an austerity program and the country cannot receive the next instalment of EU/IMF emergency loans, three euro zone sources said on Monday.

The London Stock Exchange will proceed as planned with this week's vote on its takeover of Canadian group TMX and is confident shareholders will back the deal, chief executive Xavier Rolet said on Tuesday.

Huntington's acting debut is a no-show with reviewers missing Megan Fox in the role

Wide spread reports in Brazil claim that five European sides have met the release €45 million release clause of Santos' Brazilian starlet Neymar, with Real Madrid, Barcelona, Chelsea reported to be among the five.

Honda Motor Co's <7267.T> annual operating profit forecast is not conservative, given the yen's strength and soaring raw materials prices, the automaker's chief financial officer said on Tuesday.

Stock index futures signaled a lower start for equities on Wall Street on Tuesday, with futures for the S&P 500, the Nasdaq and the Dow Jones down 0.1 to 0.2 percent by 0942 GMT.

After a series of recent hacks against corporate and federal websites, the US government has spun out a plan to protect internet sites from online attacks.

Google’s first Ice Cream Sandwich smartphone dubbed ‘Nexus Prime’ will be manufactured by Samsung.

France offered a radical solution Monday for banks to roll over some Greek debt for 30 years as the Greek government fought for political support of its five-year austerity plan to avert bankruptcy.

Staff cuts coupled with growth in Hong Kong and other key Asian markets have put Standard Chartered Plc <2888.HK> on track for record profits in the first half of this year, up over 10 percent on a year earlier.

Sony Corp believes it was targeted by hackers because it tried to protect its intellectual property, CEO Howard Stringer told a shareholders' meeting at which he sidestepped a call for him to step down over the incident.

Japan's infamous nuclear power plant Fukushima leaked tons of radioactive water into the ground on Tuesday, while its operator is still unsure, what could have cause the leak.

Pino and Giddish to play the star roles in the coming season of Law & Order; SVU

The squashing of California's video game law by the Supreme Court has come as a ray of hope for entertainment industry at large.

Ford Motors Co spent $1.67 million lobbying tax breaks for electric cars, incentives for spending on research, manufacturing and other issues during the first quarter.

The sudden price cut of Samsumg Galaxy SII by £70 hinted at the nearing arrival of the new iPhone 5 rival smartphone, Samsung Galaxy S II Plus.