IBT Staff Reporter

U.N. Secretary-General Ban Ki-moon condemned preposterous comments by a U.N.-appointed expert on Palestinian rights that there was a cover-up over the Sept. 11 attacks, Ban's chief of staff said on Monday.

British financial software provider Misys Plc reported a 23 percent rise in pretax profit for the first half largely from net finance income, reflecting significant lower debt compared with last year.

Rules are needed to curb speculation in surging commodity prices as the world heads towards a food crisis that threatens political instability, the head of the U.N.'s food agency said.

Italy's Catholic Church jumped into the fray surrounding Prime Minister Silvio Berlusconi's sex scandals on Monday, warning him that politicians who behave immorally hurt the country's image and pollute its future.

A US Engineer, 66-year-old Noshir Gowadia has been given 32-year imprisonment over selling sensitive military technology to China.

An interesting tale of family disputes which are periodically settled by rough fights

The U.S. Commerce Department said on Monday it was easing restrictions of exports of high-technology goods to India in recognition of the two countries' stronger economic and national security ties.

Black Eyed Peas' Will.i.am offers the 360-degree video experience to fans with a downloadable mobile app on will.i.apps.

President Dmitry Medvedev placed the blame on Tuesday on a lapse in security for allowing a suspected suicide bomber to kill at least 35 people and wound scores at Russia's busiest airport.

Britain's water services group Severn Trent Plc said it expects exceptional charges of around 20 million pounds to 25 million pounds for the full year, mainly related to ongoing efficiency improvements and accelerated deprecation of assets.

India's new sports minister on Monday sacked the chief organiser of last year's scandal-ridden Delhi Commonwealth Games, Suresh Kalmadi, as the coalition government caught in a web of corruption cases seeks to repair its public image.

A package of U.S. tax cuts should give a lift to a global economic recovery that had already begun to gain speed late last year, the IMF said on Tuesday as it revised its world growth forecast higher.

The Reserve Bank of India (RBI) raised key interest rates on Tuesday by a quarter point each, as expected, in a bid to clamp down on resurgent inflation and warned that higher food prices could become entrenched if steps to boost output are not taken.

Lil Wayne’s 'I Am Music II' tour in March. He will hit the roads and cover 25 cities.

Private equity fund TPG Capital plans to buy 14 percent stake in packaging company Time Technoplast at a near 30 percent premium to its market price, the Economic Times newspaper reported on Tuesday.

A U.S. International Trade Commission judge has issued an initial determination that Eastman Kodak Co's patent claim against Apple Inc and Research In Motion Ltd is invalid, Kodak said.

India needs tight monetary policy to prevent food prices from spilling over to the broader economy, a top economic adviser said in a newspaper interview, ahead of a widely expected rate hike on Tuesday.

Bill Gates, one of the world's richest men and one of its best known philanthropists, said on Monday he hopes his passion for giving will soon start to take hold among the super-rich of China and India.

Despite a series of high-profile recalls and safety issues, Japanese auto major Toyota Motors still managed to beat General Motors in total unit sales and remain the largest car manufacturer in the planet.

Asian stocks rose on Tuesday, with the Nikkei gaining more than 1 percent , on optimism that companies will report strong earnings, while the euro held near a two-month high.

The Bank of Japan on Tuesday revised up its consumer price forecast for the fiscal year beginning in April, a move that reflects the impact of recent rises in commodity prices.

Texas Instruments Inc disappointed Wall Street on margins and said it will sharply increase 2011 spending despite an expected decline in revenue this quarter, sending its shares down 3 percent.

Sharp Corp said on Tuesday it had filed LCD patent infringement lawsuits in the United States against Taiwan's Au Optronics Corp.

Electronic health records -- touted by the White House as a key way to improve healthcare in the United States -- may actually do little to improve quality, U.S. researchers said on Monday.

American Airlines Inc and Sabre Holdings Corp put litigation on hold and said they will try to reach a deal to end a dispute over how the carrier's fares are displayed to travel agents and customers.

Nearly four out of five women and three of five men say they believe texting, Facebook and other social media tools for staying connected cause new couples to jump into bed faster, a survey released on Monday found.

The euro hit a fresh two-month high on Monday as hopes for a durable solution to the euro-zone debt crisis pushed the currency past key technical levels, while stocks rose on bets of higher growth in the global economy.

Texas Instruments Inc fourth quarter profit and revenue rose as weak demand for chips used in consumer products like televisions appeared to be offset by strong sales to industrial customers.

President Barack Obama will broadly discuss issues related the accounting debate about tax cuts and spending at his State of the Union address on Monday, a White House spokesman said Monday.