IBT Staff Reporter

Real Madrid forward Cristiano Ronaldo has sent out a clear indication that he won't succumb to the lure of money and move Manchester City, after rubbishing rumours of a massive £150million switch to Eastlands.

Stocks rose more than 1 percent on Tuesday, primed by a market that was oversold on a technical basis and better-than-expected retail sales data that helped trigger a relief rally.

The 15th annual Webby Awards were held last night at New York City's Hammerstein Ballroom. The award show was hosted by actress Lisa Kudrow and honored the best of the Internet.

Since CBS announced Ashton Kutcher as actor Charlie Sheen's replacement on Two and A Half Men, Sheen has kept a relatively low profile. However, TMZ reported yesterday that the actor is in the midst of deep negotiations regarding a new television show that is planned to air January 2012.

JPMorgan Chase & Co has pushed out its head of home lending, David Lowman, who was sidelined in February after the bank racked up billions of dollars in losses on soured mortgages and became mired in litigation over a wave of foreclosures.

Miami Heat star Lebron James has been taking some harsh criticism ever since his loss against the Dallas Mavericks in six games in the NBA finals.

A juror accused of contacting a defendant through social networking site Facebook is being prosecuted for contempt in a London court, in what is being seen as a British legal first.

Journalist and labor organizer Jonathan Tasini filed a $105 million class action lawsuit against The Huffington Post, a website founded by Arianna Huffington for which Tasini wrote. Now four new plaintiffs have been added to the growing class action lawsuit that claims The Huffington Post's writers deserve to be paid.

As we expectantly wait for tomorrow's longest lunar eclipse of 11 years, those of us in the U.S. and Canada may have given up on the rare orange glow of the full moon. But here is the good news - thanks to modern technology, we will be given the privilege to watch it from home (or office) on the internet.

Catherine, Duchess of Cambridge looking stylish at Garter Day Procession

Handset maker Nokia is likely to be paid hundreds of millions of dollars by Apple after victory in a legal wrangle over technology used in its arch-rival's top-selling iPhone.

Stocks jumped more than 1 percent on Tuesday as investors were drawn by oversold conditions on a technical basis and retail sales data was better than expected.

Author Alan Sitomer says that writing a good book that people want to read is still 100 percent vital, but whereas it used to be an end point, it is now really just a beginning.

Most chief executive officers of large U.S. companies expect higher sales and higher capital spending in the next six months, but their optimism about economic conditions and expectations for growth are more muted than three months ago, according to a quarterly survey.

General Motors Co is recalling 50,500 Cadillac SRX luxury crossover vehicles because an airbag might not deploy, possibly leading to injuries to those sitting in the right rear seat.

The Associated Press is reporting that a second person has lost his life after attending the Bonnaroo Music and Arts Festival in Manchester, Tennessee.

The chances of positively resolving Europe's serious debt problems are decreasing from day to day as authorities focus on buying more time, not solving problems, billionaire investor George Soros said on Tuesday.

The actor will be featured in a Prada ad campaign.

EA Sports, the video game manufacturer that makes NHL 11 for the Xbox and PlayStation video game consoles, ran a simulation of the Stanley Cup playoffs and picked the Vancouver Canucks to beat the Boston Bruins in seven games to win the NHL championship.

Amid rumors of Pippa Middleton spltting with her boyfriend of over a year, Alex Loudon, she was seen last Wednesday having dinner in central London with George Percy.

Apple officially starts selling unlocked versions of iPhone 4 now

Gaddafi troops fired rockets into Libya's neighboring country of Tunisia today

Retail sales fell in May for the first time in 11 months, dragged down by a sharp drop in receipts from auto dealerships, according to a government report that could raise fears of a prolonged economic slowdown.

Retail sales fell in May for the first time in 11 months, dragged down by a sharp drop in receipts from auto dealerships, according to a government report that could raise fears of a prolonged economic slowdown.

Producer prices rose more than expected in May but the pace of increases eased from prior months as the climb in energy costs slowed, according a report on Tuesday.

South Korea said on Tuesday it was drawing up a cyber security master plan after a wave of hacking attacks against global agencies and companies but some other Asian governments appeared to have no blueprint for tackling the threat.

Best Buy Co Inc beat quarterly profit and sales estimates as strong demand for mobile phones, calling plans and tablets offset weakness in its TV business, and its shares rose more than 4 percent.

Retail sales fell in May for the first time in 11 months as receipts at auto dealers dropped sharply and other spending softened, suggesting economic activity continues to slow.

On Monday, the pop star seemed to be feeling a lot better as she took the stage for a Santa Monica Place show. The show was initially scheduled for Friday, but had to be rescheduled due to her hospitalization, according to a report by People.co