IBT Staff Reporter

China's trade surplus fell to its lowest in nine months in January after imports surged, supporting the government's case ahead of a G20 meeting that it is doing enough to spur domestic demand without speeding up currency appreciation.

Legendary Brazilian striker and World Cup-winner Ronaldo announced his retirement from football in an emotional press conference on Monday.

The federal Pell Grants program may witness cuts up to $100 billion, according to Jacob Lew, director of the Office of Management and Budget.

World stocks edged toward last week's 30-month high on Monday as China's shrinking trade surplus underscored its robust domestic demand and talk of slower-than-expected inflation eased policy tightening concerns.

Motorola Mobility announced the acquisition of Mountain View start-up Three Laws Mobility Inc. (3LM) to expand the security of phones running on Google’s Android mobile operating system.

Global air travelers are expected to rise to 3.3 billion in 2014, up 32 percent from 2.5 billion in 2009, fueled by strong growth in China, the International Air Transport Association said on Monday.

The proposed deal between the New York Stock Exchange Euronext and Deutsche Börse AG that would create the world's largest financial exchange has apparently run into some controversy with New York Senator Charles Schumer's unintended revelations on post-merger management authority.

Shares in Nokia, the world's top mobile phone maker by volume, fell again on Monday as analysts cut their recommendations and earnings forecasts after its deal to use Microsoft's software.

Indian banks are turning to low-cost deposits, refinancing debt and raising cheap foreign capital to protect margins squeezed by higher interest rates at home, bank officials and analysts said.

Inflation eased slightly in January but was still higher than expected, reinforcing expectations the Reserve Bank of India (RBI) will keep tightening policy because price pressures are still above its comfort zone.

Arizona congresswoman in rehabilitation trying to master speech again by mouthing the lyrics to nursery rhyme Twinkle Twinkle Little Star and Happy Birthday

AT&T is sweetening Valentine's Day with a perfect pair offer: LG Quantum or Samsung Focus Windows Phone 7 device and the Acer Aspire notebook.

Wireless Linux group LiMo hopes to benefit from a tie-up between Microsoft and Nokia as this should push smaller phone makers to seek alternative software platforms, its head said on Monday.

Asian stocks rallied on Monday, snapping five straight sessions of losses, as talk of slower-than-expected Chinese inflation helped drive Shanghai's main share index to its best level in seven weeks.

Japan's economy shrank slightly in the final quarter of 2010 but analysts expect a recovery this year as stronger exports to China and other parts of fast-growing Asia offset persistently weak domestic demand.

Algerian opposition groups said on Sunday they would follow up the protest they held this weekend by calling a demonstration in the capital every Saturday until the government is changed.

Ivory Coast's presidential claimant Alassane Ouattara said he will extend indefinitely a one-month ban on cocoa exports if his rival does not leave power by the end of that period next week.

The Palestinian cabinet will tender resignations Monday after which Prime Minister Salam Fayyad will select new ministers at the request of President Mahmoud Abbas, political sources said.

Hundreds of anti-government protesters, inspired by the mass uprising in Egypt, clashed with police blocking them from marching to Yemen's presidential palace in Sanaa on Sunday, witnesses said.

It is a true life story on Jay Moriarity

Inflation is likely to rise further in Mauritius, central bank governor Rundheersing Bheenick said on Saturday, reinforcing speculation that the central bank may raise rates at its March meeting.

Nothing like a little revolution to shake up an already turbulent global economy.

South Africa's Competition Commission has recommended that retail group Wal-Mart's proposed acquisition of 51 percent of equity in Massmart be approved without conditions, the two companies said in a statement on Saturday.

A clause in the restraining order allows the two to attend together.

Suit filed by former NCAA player against California-based video games major Electronic Arts (EI) Inc. could have severe repercussions on the movie and media industries.

At least 11 people were trampled to death on Saturday in a stampede at an election campaign rally for Nigerian President Goodluck Jonathan in the southern oil city of Port Harcourt.

Zimbabwean President Robert Mugabe is in Singapore for a medical review after undergoing a cataract operation there last month but is expected to come home before his birthday next week, state media reported on Sunday.

Egypt's new military rulers said on Sunday they would keep control of the country for six months or until parliamentary and presidential elections are held following constitutional amendments.

Egypt's new military rulers said on Sunday they had dissolved parliament, suspended the constitution and would govern only for six months or until elections took place, following the overthrow of Hosni Mubarak.