IBT Staff Reporter

Chinese President Hu Jintao abandoned plans to attend a G8 summit in Italy on Wednesday, returning home early to deal with ethnic violence in the restive northwestern region of Xinjiang.

The Chinese foreign ministry said on Tuesday that the deadliest riots in Xinjiang region were caused by a large group of people motivated by the World Uighur Congress (WUC), which operates from Germany and the United States.

In a memorial to Michael Jackson on Tuesday that featured superstars Mariah Carey and Stevie Wonder, the moment that may be best remembered came when his 11-year-old daughter Paris spoke a few heart-wrenching words.

A company run by former AIG CEO Maurice Hank Greenberg did not plunder billions from a retirement fund, a jury ruled, dashing the bailed-out insurer's chances of collecting $4.3 billion in damages.

U.S. regulators are gearing up campaigns to preserve their consumer protection roles as the Obama administration marshals efforts to create a new agency, but face the political risk of appearing to side with Wall Street at the expense of consumers.

Greenbrier Cos Inc said key customer GE was in breach of its contract obligations for taking fewer railcar deliveries, and added that it would stop production at a Mexico facility and furlough 550 more workers.

On Tuesday, Google launched a new tool for its business customers hoping to coax more adoption of its online 'Apps' suite.

After more than 5 years, Google's Gmail is finally out of beta including, taking with Google Calendar, Google Docs and Google Talk.

NEW YORK - The King of Pop is more popular than the leader of the free world, at least on Facebook.

Diana Ross said in a statement read at Michael Jackson's memorial service on Tuesday that she would be there for his children if they ever needed her.

The Australian Dollar opens lower on Wednesday at 0.7886. The local unit moved towards US80 cents late on Tuesday after the Reserve Bank of Australia (RBA) left rates on hold at 3.00 per cent in a decision that was more predictable than an NRL off-field incident.

Mariah Carey, Stevie Wonder and Usher led an emotional public memorial for Michael Jackson on Tuesday as the music world, the Jackson family and thousands of fans bade farewell to the King of Pop.

Mariah Carey, Stevie Wonder and Usher led an emotional public memorial for Michael Jackson on Tuesday as the music world, the Jackson family and thousands of fans bade farewell to the King of Pop.

Another Round of Stimulus?; Credit Debt Hits Hard; Rio team arrested in China

Chinese officials on Tuesday vowed severe punishment for the mob in the deadliest riot since New China was founded in 1949, while international organizations urged restraint in China.

Sony Corporation on Tuesday unveils its new line of HD Handycam camcorders, HDR-CX520V and HDR-CX500V with advanced new optics technology, built-in GPS and NAVTEQ digital maps.

Crude oil prices are forecasted to increase to an average of nearly $70 per barrel in 2009. The United States Natural Gas Fund suspended issuance of new shares on Tuesday afternoon. Leaders from the members of the Major Economies Forum tried to pursuade China and India to agree in a common goal to cut greenhouse gas emissions.

A company run by former AIG CEO Maurice Hank Greenberg did not breach a trust when it ended an executive retirement scheme at the insurer more than four years ago, a federal jury ruled on Tuesday.

U.S. credit card delinquencies reach all-time high following soaring job loss numbers Consumers are increasingly failing to meet credit card payments as they battle high unemployment rates and a shrinking economy which has left many cash strapped. Delinquencies on the value of all card debt soared to a record 6.60 percent from 5.52 percent in the fourth quarter.

Storing and sharing real estate documents on the Internet translates into higher productivity and better customer service.

Hospitals' White House Deal; Rio team arrested in China; Opel's possible role on Mainland

According to reports from TMZ, who saw a copy of Michael Jackson's death certificate, the line item for cause of death is filled in with the word deferred.

Rich nations sought to persuade China and India on Tuesday to agree to a goal of halving world greenhouse gas emissions by 2050 at a summit of major economies in Italy later this week.

European Union ministers and regulators sought Tuesday to minimize boom-and bust economic cycles by agreeing to make capital rules more flexible and ensuring banks have enough cash to ride out a crisis.

Michael Jackson's success as a pop star was nearly eclipsed over time by controversy surrounding his strange and reclusive lifestyle, which earned him the tabloid moniker Wacko Jacko.

Pop star Michael Jackson, who died on June 25, was remembered at a public memorial service on Tuesday at the Staples Centre sports arena in downtown Los Angeles, featuring performances by Mariah Carey and Stevie Wonder.

The musical legacy of Michael Jackson was celebrated at a public memorial in Los Angeles on Tuesday. Following are some of the landmark events in Jackson's controversial personal life:

Democrats in the Senate on Tuesday began a drive to advance climate change legislation, a top Obama administration priority, amid warnings that a bill recently passed by the House of Representatives to reduce carbon emissions would have to be changed.

Michael Jackson, 50, who died on June 25, was being celebrated in a public memorial in Los Angeles on Tuesday. Following are some highlights of Jackson's 40-year career in the music industry.