IBT Staff Reporter

With its fully reclining airline-style business class seats, a strict no-smoking policy and designed top speed of 350 km (220 miles) per hour, the new Beijing-Shanghai express embodies China's race to the future.

Shares in Europe's banks dipped Monday after regulators slapped an extra capital surcharge on big lenders to make them safer, and told them they could not use contingent capital for the extra cushion.

Nissan Motor outlined plans to boost both its global market share and profit margin to 8 percent within six years, promising a new vehicle every six weeks on average to woo consumers away from rivals.

Facebook overtook Microsoft websites in Britain for the first time last month, becoming the UK's second-most popular after Google as people aged over 50 flocked to social networks, online measurement body UKOM/Nielsen said.

Chris Brown has made a strong come-back after the assault charges in 2009

A Chinese-language commercial Times quoted Dan Heyler, a semiconductor analyst with Merrill Lynch in Taipei hinting the upcoming arrival of iPhone 6 in 2012.

The lawsuit claims there has been misappropriation of Japanese aid fund

Nokia said there were multiple options for its joint venture with Siemens AG, Nokia Siemens Networks, despite a report that talks to sell a controlling stake in the venture were failing.

Athletes at next year's London Olympics can blog and post comments on Twitter as long as it is not done for commercial purposes, the International Olympic Committee has said.

Tobacco giant Philip Morris is threatening to sue the Australian government for possibly billions of dollars over its plan to be the first country to introduce plain, brand-less packaging for cigarettes.

It's an action packed day at the All England Club as all 16 of the men's and women's encounters in the fourth round of Wimbledon, are set to unfold, with world number one Rafa Nadal taking on Juan Martin del Potro in what could be a thriller.

Nokia Corp and Siemens AG failed to secure a deal for investors for a controlling stake in their unprofitable joint venture, The Wall Street Journal reported on Sunday.

A Greek minister warned on Monday of catastrophe if parliament blocked a 28 billion-euro ($40 billion) package of tax increases and spending cuts after signs of revolt by some deputies in the ruling PASOK party.

Real Housewife of Orange Country, Vicki Gunvalson’s interview with Andy Cohen on Watch What Happens Live Sunday edition about her boyfriend Brook Ayers has rocked the show.

World's first serial hybrid electric aircraft was unveiled at the Paris Air Show, Le Bourget 2011. The DA36 E-Star aircraft is developed and designed by EADS and Siemens, with the goal of reducing noise and emissions by 25%.

General Motors India showcased the electric version of its small car, 'Beat', as part of a global demonstration of the technology.

Online orders of MacBook Air are held in abeyance as Apple plans to release an updated version of its minuscule laptop.

Apple iPad may be the king of the tablet jungle at the moment but rivals are breathing down its neck.

Rumors on Apple iPhone 5 are continuing to develop, and the latest is that iPhone 5 camera will boast of dual LED flash, according to Boy Genius Report.

French Finance Minister Christine Lagarde appeared poised to become the head of the International Monetary Fund this week despite a strong challenge to Europe's traditional hold on the job.

On Monday, Earth will encounter an asteroid that will narrowly miss a collision with our planet by a cosmic hair of 7,500 miles. The asteroid called 2011 MD is roughly the size of a large house, 10 meters in diameter, and will fly into our atmosphere zipping by TV satellites.

The secret to the mysterious flying photos may be just as you imagine. Today's Levitation was first posted on Natsumi Hayashi's website on September 16, 2010. It was probably one of random photos that came to her as the inspiration for the future masterpieces.

The secret to the mysterious flying photos may be just as you imagine. Today's Levitation was first posted on Natsumi Hayashi's website on September 16, 2010. It was probably one of random photos that came to her as the inspiration for the future masterpieces.

Rep. Michele Bachmann, R-MN, who is expected to announce her bid for the Republican Party's nominee for U.S. President on Monday, said Sunday she would consider it insulting to be called a flake adding that she is as serious person.

The LGBT (lesbian, gay, bisexual and transgender) community in San Francisco came out of the closet this weekend to celebrate the largest gathering of LGBT people and allies in the United States - San Francisco Pride 2011.

Michael Jackson's red leather jacket from his music video Thriller was sold for $1.8 million dollars at an auction on Sunday, according to Julien's auctions website.

Premier Wen Jiabao signaled for the first time that China would struggle to meet its 4 percent inflation target this year.

Pop legend Michael Jackson's red and black leather jacket has been sold for whopping $1.8 million at auction run by Julien's Auctions Gallery in Beverly Hills. It sold at a price much higher than the expected $400,000.

Pixar's latest movie Cars 2 didn't set any records for its studio in its opening weekend.