IBT Staff Reporter

U.S.-based discount coupon site Groupon.com has launched a group-buying site in China, called Gaopeng.com.

A couple of recent partnerships between Arizona State University (ASU) and institutions dedicated to healthcare research is expected to herald significant advancements in medical education, research and practice.

Costs for Chinese and Indian factories jumped in February, pointing to a need for more measures to prevent inflation from undermining the world's two fastest-growing economies, surveys showed on Tuesday.

An ice cream - named Baby Gaga- made from human breast milk is said to have been seized from a London parlor by local authorities over safety concerns.

Oil prices rose back above $112 a barrel on Tuesday due to concerns over unrest in the Middle East, though stock markets shrugged off the move, preferring to focus on optimism over the outlook for the U.S. economy.

U.S. auto sales are expected to show a gain of about 20 percent from the still-depressed levels of a year earlier in February, but the recent rise in oil prices could slow or even derail the industry's recovery, analysts and industry executives say.

Embattled 'Two and a half men' star Charlie Sheen spills the beans on drugs, rehab, 'Men', women in the latest installments of interviews with TMZ, CNN's Piers Morgan, 'The Today Show' and ABC's 20/10.

Federal Reserve Chairman Ben Bernanke will likely remain skeptical about the strength of the economic recovery in testimony on Tuesday, despite recent data pointing to improvement, signaling the central bank is unlikely to cut short its $600 billion stimulus plan.

A retail store, dubbed the 'Wal Mart of weed' has thrown open its doors in Sacramento with how-to experts and merchandise to help medical marijuana patients grow pot.

The BSE Sensex is expected to open higher on Tuesday, tracking firm Asian equities, and after the finance minister said he expects the economy to grow by nearly 9 percent in the next fiscal year.

India's budget belied expectations of cuts in fuel taxes on Monday, denying any relief to state-run oil firms but boosting chances of a planned ministerial meeting taking up the issue of raising prices soon.

Indian Oil Corp, the country's biggest fuel retailer, said on Tuesday there was a need to raise petrol prices, a day after the federal budget failed to announce any measures to stem revenue losses of state oil firms.

Greg Laughlin, an astrophysicist from the University of California at Santa Cruz has evolved a formula to come up with a monetary valuation for planets in the Universe, according to which planet Earth is the most expensive at 3000 trillion pounds, or almost $5000 trillion!

America's big international banks may have to restructure and downsize their operations now, unless they can prove they will be easy to dismantle in another financial crisis, said U.S. regulator Sheila Bair.

Asian stocks rose in early trade on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.

Asian stocks rose in early trade on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.

General Mills Inc and Nestle SA are among leading candidates to buy a 50 percent stake in French yogurt maker Yoplait, Bloomberg said on Monday, citing people familiar with the process.

Private equity firm Blackstone Group LP has bought nearly 600 U.S. shopping malls from Australia's debt-laden Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.

Japan's jobless rate held steady in January and the availability of jobs improved to a two-year high, adding to signs that the economy is gradually recovering from stagnation.

Citigroup Inc has paid four of its top executives, excluding Chief Executive Vikram Pandit, a combined $42.2 million in 2010 compensation, according to a regulatory filing filed on Monday.

Photos are everything for Yuka Obara, a well-known Japanese blogger who insists anything showing her online be picture-perfect -- especially because it's hard these days to delete poor-quality photos once on the web.

Admitting you are making money by doing some good in the world is no longer a dirty little secret, it's called creating shared value -- the new catch phrase in corporate and philanthropic circles.

Citigroup Inc on Monday withdrew from lawsuits challenging MBIA Inc's 2009 restructuring, leaving 11 other companies to pursue claims against what was once the world's largest bond insurer.

Private equity firm Blackstone Group LP has acquired 588 U.S. shopping mall assets from Australia's debt-laden property group Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.

A jailed former Societe Generale trader convicted of theft of speed-trading computer code secrets was sentenced to 36 months in prison on Monday.

Silicon Valley venture capitalist Vinod Khosla and Google Ventures have invested $42 million in a start-up run by former Google employees, which helps insure farmers against losses from increasingly volatile global weather.

Corrects title of Bill Green in paragraph 4

An ambitious website is encouraging New Yorkers to transform the city's blighted buildings and vacant lots from eyesores into projects to improve their communities and promote the arts.

Leading mining analysts will spend a second day in lengthy briefings with senior Glencore executives on Tuesday, seeking to understand a partnership that is simultaneously the world's biggest commodity trader, a sizeable miner, and a big investor.