IBT Staff Reporter

The U.K. government is implementing a new workplace pension scheme that will help the low-to-moderate earners and employers.

The U.S. General Services Administration, which runs the government fleet, bought at least 14,584 hybrid vehicles in the past two fiscal years out of 145,473 during the last two years. That's about 10% of 145,473 vehicles the Government Services Administration purchased in that period.

General Motors India said announced it has crossed 100,000 unit of sales in Indian market and this is the first time it has crossed this mark in a calendar year since its inception in India.

Julia makes nearly a million dollars for a 45 second ad for an Italian coffee

U.K.'s Halma Plc, the health and safety sensor technology group, posted strong interim results and said it is well placed to perform equally strongly in the second half.

Real Madrid coach Jose Mourinho says his side were not humiliated following a 5-0 thrashing by Barcelona in the El Classico at the Camp Nou

The Indian economy outpaced growth expectations in the third quarter to grow more than in the second quarter, boosted by stronger manufacturing growth and construction, according to data released by the government.

U.K.'s Northumbrian Water Group reported a higher profit for the first half as revenue rose 5 percent, and said it was well placed to maintain a strong financial performance. The provider of water and waste water services lifted its interim dividend by 7.5 percent to 4.72 pence.

Japan's economic conditions continued to worsen as unemployment rate rose in October and industrial production fell for the fifth consecutive month.

Global law firm Davis Polk & Wardwell has strengthened its Hong Kong office by appointing Paul Chow, a leading M&A lawyer, as a partner and head of the regional office.

Guns and Roses frontman Axl Rose is taking Activision to court, saying the company violated an agreement on the use of the song Welcome To The Jungle.

British law firm Linklaters has poached on Freshfields Bruckhaus Deringer partner Chris Howard by appointing him as a partner for its London office.

Cravath, Swaine & Moore, a premier New York law firm, has kicked off the BigLaw bonus season by announcing bonuses ranging from $7,500 to $35,000 for its associates who have been employed at the firm prior to September 1, 2010.

U.S. Rep. Maxine Waters, D-CA, is saying “Try me or tell me why not.”

Spectrolab, a subsidiary of Boeing, has started mass production of its newest solar cell, offering efficiencies higher than any previous models, the company says.

Surging demand from China, the world's second-largest gold buyer, is changing seasonal patterns in Gold Price trends for investors everywhere. At this current pace, private Chinese demand may overtake India's by 2014 (if not sooner).

Barcelona vs. Real Madrid live update as it happened

Selling counterfeit items over the Internet became a little more difficult today, as federal law enforcement officers executed seizure orders against the domain names of 82 commercials websites that, authorities said, sold and distributed counterfeit goods and copyrighted works.

President Obama today froze the pay of all civilian federal employees for the next two years.

India's Mahindra & Mahindra (M&M) said on Tuesday that it has agreed to acquire 70 percent interest in South Korea's Ssangyong Motor Company Limited (SYMC) for $463.6 million, in an attempt to gain momentum in global markets.

The technology used by Wikileaks to maintain anonymity could be the Onion Router which is also used by U.S. Navy.

Berlusconi in Italy laughed it away, while Ahmadinejad in Tehran yet again blamed the United States. The Russians refused to comment and Indians breathed a sigh of relief. WikiLeaks, the whistle-blower website, revealed the vigor of US espionage, leaking out more than 250,000 U.S. diplomatic cables. The first batch of the documents leaked mentioned Saudi Arabia and other Arab states' desire to attack Iran, highly sensitive information on world leaders and US military strategy across the Worl...

A federal district court judge, who was arrested last month for purchase and use of drugs and illegal possession of firearms, has pleaded guilty and has agreed to step down from the bench.

It wouldn't be exaggerating to say that when Real Madrid make the trip to Nou Camp to face arch-rivals Barcelona on Monday, it will be football's equivalent to war.

A spokesman for the U.S. State Department denied on Monday that his agency's diplomats were spies, after the release of hundreds of thousands of secret and unclassified cables by the Wikileaks organization.

The FBI is offering a reward for information leading to the person or persons who set fire to a mosque in Corvallis, Oregon on Sunday.

Japan on Monday dismissed immediate return to the table on Korea tensions as proposed by China. Officials in Tokyo maintained that the focus currently is on working 'closely' with South Korea and the United States.

The Obama administration has been left red-faced by disclosures made by whistle-blower website WikiLeaks pertaining to French president Nicholas Sarkozy that describes him as an “emperor without clothes”, Iran president Mahmoud Ahmadinejad as ‘Hitler’ and Russian prime minister Vladimir Putin as an “Alpha Dog”.

Harry Potter rakes in good box office returns over the Thanksgiving weekend. Tangled, a 3D fairy story does well too