IBT Staff Reporter

WikiLeaks founder Julian Assange, arrested in Britain on Swedish allegations of sex crimes, was granted bail by a London court on Tuesday.

Bank holding companies would have to maintain the same capital levels as their federally insured banking units under a proposal issued by U.S. bank regulators on Tuesday.

In a sign that cyber security needs rapid quality improvements, two more U.S. companies, McDonald's Corp and Walgreen Co, said they had been hacked in the past week, along with U.S. media company, Gawker.

Gwyneth Paltrow has her second shot as substitute teacher in the musical 'Glee'.

After a San Francisco Bay Area resident became the first in the United States to receive the delivery of Nissan Leaf, Nissan Motors on Tuesday carried out its first Leaf delivery in the South Carolina region.

DNA sequencing equipment maker Life Technologies Corp. (NASDAQ:LIFE) announced the launch of its Ion Personal Gene Machine (PGM) sequencer that gives results in two hours.

Internet company Yahoo Inc is preparing to retrench between 600 and 700 employees ahead of a holiday trimming due to its lackluster growth.

Shall I compare thee to a Summer's day?, asked Shakespeare. Now, women of the world have replied: No, just tell me I have beautiful lips.

Google-owned video-sharing website, YouTube has announced the launch of YouTube Trends, aimed at showcasing and keeping track of the most popular videos on the site.

Yahoo Inc plans to lay off more than 600 employees as early as Tuesday, two sources familiar with the situation said on Monday.

Zac Efron and Vanessa Hudgens, the 'High School Musical' romantic pair, finally call it quits after five years.

Chief executive officers of large U.S. companies are much more optimistic about the economy than a few months ago, although their expectations for growth remain modest, according to a quarterly survey by the Business Roundtable.

European Union paymaster Germany said on Tuesday it was willing to give the European Central Bank more capital if needed to help fight a sovereign debt crisis that continues to shake the euro zone.

American Apparel Inc is setting the online bar higher as it launches a deal this week with discount coupon provider Groupon in the UK, other European Union states and parts of Latin America.

Stock index futures were little changed on Tuesday as investors awaited the Federal Reserve's assessment of the economy.

Inflation continued to rise in the U.K. during November, remaining above Bank of England's (BoE) target for the ninth month, spurred by a hike in food and non-alcoholic drink prices, the Office for National Statistics reported on Tuesday.

Christmas season does not open well for the running cinemas

Standard & Poor's rating agency said on Tuesday Belgium's sovereign debt could be downgraded within six months if its inability to form a new government persists and its debt trajectory worsens.

Nokia has delayed the rollout of its next top-of-the-range model to next year, another blow to the cellphone maker's plans to regain ground lost to Apple and Google in the smartphone market.

U.K. chipmaker Imagination Technologies, which licenses and sells its designs to Intel and Apple, said interim pretax profits doubled on strong revenue growth from both licensing and royalties. The volume of partner chips shipping with Imagination’s IP has nearly doubled to 107 million.

Dell will likely spend $250 billion in China on procurement and other investments over the next 10 years as it expands in the world's No. 2 PC market, the head of its China operations said on Tuesday.

Indian prime minister Manmohan Singh on Tuesday said he has directed cabinet secretary K M Chandrasekhar to suggest measures to prevent leakages of recorded telephone conversations outside the government while looking into the issue of telephone tapping.

The celebrity chef, has denied he got engaged to girl friend during cook-out for Oprah

The part time MBA at the Haas School of Business has seen several innovations in curricula as well as career services this year.

Russian billionaire Mikhail Prokhorov on Monday unveiled a new hybrid car called 'Yo'. The hybrid operates on a combination of electricity and petrol.

The owner of Hero Group is set to buy Honda Motor's 26% stake in joint venture Hero Honda for about USD 1 billion rupees or half the current market value.

Bunzl Plc, Britain's distribution and outsourcing company, sees full year group revenue growth to be between 3 percent and 4 percent boosted by acquisitions.

China will steer clear of an aggressive increase of benchmark interest rates because higher rates will only attract additional hot money inflows, a senior government researcher told the Reuters China Investment Summit.

China will set a 4 percent target for consumer inflation next year, up from this year's 3 percent objective, state television said on Tuesday, an indication that the government will desist from aggressive tightening even as price pressures mount.