IBT Staff Reporter

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WikiLeaks founder Assange slams Swiss banker arrest

The founder of whistleblower site WikiLeaks attacked Switzerland on Sunday for arresting a Swiss banker on suspicion of breaching banking secrecy instead of investigating the tax evasion he said he had uncovered.

Unique law program inaugurated in London

LawWithoutWalls(TM) brings together students, faculty, practitioners, and entrepreneurs from around the world to explore innovation in legal education and practice.

Judges to weigh mortgage document destruction

Federal bankruptcy judges in Delaware are due to hold separate hearings Monday on requests by two defunct subprime mortgage lenders to destroy thousands of boxes of original loan documents.

Philips looks East as weak TV sales hit profit

Philips Electronics blamed TV sales for disappointing fourth-quarter profit and said western consumers would be reluctant to spend this year, adding urgency to its drive into emerging markets.

Nadal's journey from Grand Slam to 'Rafa Slam'?

Last year, Rafael Nadal had two biggest records - he finally secured the number 1 ranking and set the record for the longest match seen in the Australian Open at 5 hours and 14 minutes, playing against Fernando Verdasco. This year, he hopes to break more records by winning his 10th single Grand Slam. More importantly, if he does succeed, he will be the only player in three decades to hold all four major Grand Slams - Wimbeldon Championship, Roland Garros, the United States Open and the Austral...

Euro zone PMIs indicate rising inflation pressure

Factories in the euro zone reported the strongest monthly price increase on record for raw materials and fuel in January, according to a business survey that again showed German strength propelling the bloc's service sector.

Weak TV sales hit Philips Q4 profit

Philips Electronics blamed weak TV sales for disappointing fourth-quarter profit and warned that consumers in mature markets will be reluctant to spend this year.

Macau's Stanley Ho loosens hold on casino empire

Hong Kong billionaire Stanley Ho, chairman of Macau's biggest casino operator SJM Holdings <0880.HK>, has offloaded more of his shares to relatives, the latest move to cement succession plans for his vast empire.

World awaits YouTube's 'Life in a Day' premier at Sundance

Sundance Film Festival 2011 kick started on January 20. One movie that stands apart for generating high level of curiosity is YouTube's 'Life in a Day'. World awaits the premier on January 27, which will also be available on live stream.

Volcanoes, Ash Clouds Linked To Permian Extinction

Canadian researchers say massive volcanic eruptions, burning coal and accelerated greenhouse gas “could literally be the smoking gun” that explains the Earth's most severe extinction event - latest Permian extinction, also known as the Great Dying.

Stock index futures point to flat open

U.S. stock index futures pointed to a flat open on Monday, with futures for the S&P 500 up 0.04 percent, Dow Jones futures down 0.03 percent and Nasdaq 100 futures up 0.1 percent at 5:27 a.m. ET.

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