IBT Staff Reporter

Britain's circus elephant is brutally beaten in shocking video footage. The 57 years old elphant named Anne, who was captured in her native Sri Lanka as a baby, was repeatedly hit and abused by her groom.

The U.S. labor market is finally improving, just when many of the other economic indicators are wavering.

Protests in Libya which began on February 15 in Libya have escalated into an international conflict as Libyan leader Muammar Gaddafi's efforts to stay in power have triggered efforts by NATO, Arab nations, and other partners to protect civilians.

The Japanese earthquake is seen costing AXA , Europe's second-biggest insurer, at least 100 million euros ($140.8 million) before tax, Chief Executive Henri de Castries told French television on Sunday.

Brazil's central bank defended efforts to erect barriers to foreign money, arguing a deluge of capital was pressuring inflation and threatening the stability of financial markets.

The Korean electronic company's most recently announced tablet, the Galaxy Tab 10.1 will be launched on June 08, 2011 while 8.9 Tab will be released early this summer.

Samsung's most recent tablet device is the thinnest tablet in the market. It is 8.6mm (10.9mm previous model) thin which is thinner than its main competitor, the iPad 2 (8.8mm).

There was one winning ticket for the grand prize in thethe Megamillions lottery on Friday, while Saturday's Powerball grand prize wont' be awarded, since there wasn't a winning ticket.

Elizabeth Warren, the Obama administration's defender of financial consumers, will venture into the corporate lion's den this week, along with Jamie Dimon, CEO of banking giant JPMorgan Chase & Co.

Ireland's government wants to impose losses on some senior bondholders in Irish lenders to reduce the burden on taxpayers from a prolonged banking crisis, a senior minister said on Sunday.

U.S. stock investors could scramble to pick up some of the market's recent best performers this week as the quarter comes to an end, putting the spotlight on energy and industrial companies.

Libyan moved west on Sunday, seizing back a pair of eastern coastal cities which include much of the nation's oil refining and exporting facilities on Sunday.

It would make sense for Portugal to seek aid from the European Union bailout fund, although such a decision will be caught up in domestic politics, European Central Bank Governing Board member Ewald Nowotny said.

Construction projects related to Brazil's World Cup, already well behind schedule, have run into another unexpected problem -- financing.

It's 8 p.m. at Sao Paulo's sublimely overcrowded international airport and Marvin Curie, seeing all the chairs around him taken, decides to join dozens of other business travelers and sit on the floor.

Nintendo's 3D gaming console is now available in stores in the US.

The European Central Bank is watching energy prices carefully and still wants to move toward a more normal monetary policy despite recent events in Japan, ECB Governing Board member Ewald Nowotny said on Sunday.

Stress tests on Ireland's four main lenders will reveal a capital hole of around 20 billion euros ($28.2 billion), The Sunday Business Post reported, without citing any sources.

Barcelona president Sandro Rosell has confirmed that the club would not go higher that their summer bid of €40 million in their long-standing pursuit of Arsenal skipper Cesc Fabregas.

Japanese companies' demand for funding has soared since the March 11 earthquake and tsunami, with the country's top three banks seeing a surge in new loan requests, lenders said on Sunday.

Sixteen Hong Kong banks have agreed on a deal to enable investors in structured products of the now bankrupt Lehman Brothers recover a majority of their investments.

Apple's iPad 2 is selling like a hot-cakes in the United States as well as around the world. In United States, it was selling so fast that the company couldn't keep up with the orders.

The International Monetary Fund warned Latin America on Saturday that economies across the region are overheating, and Canada urged policymakers not to underestimate the risks from rising inflation.

Canada says the current commodities boom could last decades and warned developing countries against being too timid with interest rate hikes, while the International Monetary Fund said that much of the Latin American economy is overheating.

Ford Motor Co will idle its auto plant in Genk, Belgium, for five days starting April 4, to conserve parts following the earthquake and nuclear crisis in Japan that has disrupted supplies for numerous automakers.

The head of the International Monetary Fund warned on Saturday that many Latin American economies showed signs of overheating and that the region was at risk of credit bubbles.

The European Central Bank is putting the finishing touches on a new facility that will give troubled euro zone banks liquidity over a longer time frame, throwing a lifeline to Ireland's ailing banks.

BlackBerry maker Research In Motion says it has bought Ontario-based startup tinyHippos Inc, creator of Ripple, a cross-platform mobile application development and testing tool.

Technology giant Google ahs launched its own full-length online magazine, named 'Think Quarterly'. The magazine is being published once in every quarter.