IBT Staff Reporter

Tensions in Iran have added to risks facing the world economy and underline the need for strengthening the global financial system, European Central Bank President Jean-Claude Trichet said on Sunday.

Iranian authorities on Sunday blamed terrorists for clashes in which at least 10 people were killed and President Mahmoud Ahmadinejad told the West to stay out of unrest sparked by his disputed re-election.

There is no room for governments that have borrowed billions to fight the economic crisis to accumulate more debt, European Central Bank President Jean-Claude Trichet said on Sunday.

In April, soon after Apple gave labels the ability to set different prices for their songs on iTunes, every track on Pink Floyd's Dark Side of the Moon was raised to $1.29.

Singapore will take action against a North Korean ship that the United States is monitoring, if the vessel heads to its port with a cargo of weapons, the government said on Saturday.

Opposition leader Mirhossein Mousavi said the Islamic Republic must be purged of what he called lies and dishonesty, sending out a direct challenge to conservative rulers after a day of unrest across Tehran.

Texas billionaire Allen Stanford, three associates and a top Caribbean regulator were indicted on fraud, conspiracy and obstruction charges in an elaborate $7 billion pyramid scheme to bilk investors, U.S. Justice Department officials said on Friday.

U.S. President Barack Obama called the Iranian government on Saturday to stop all violent and unjust actions against its own people, according to a post on the White House's website.

Scientists in Brazil has identified the first genetic variant of the novel influenza A (H1N1) from a patient who was hospitalized in Sao Paulo in, according to Medical News Today’s report on June 17.

TV star Jon Gosselin from TLC's Jon & Kate Plus 8 had reportedly been looking for an apartment in New York City on Friday, adding to speculation that he and wife and co-star Kate will divorce.

As if California’s budget and drought problems weren’t enough to deal with this week, Gov. Arnold Schwarzenegger’s jet had to make an emergency landing on Friday.

Nissan Motor Co. plans to invest up to $1 billion to produce electric vehicles in a plant in Smyrna, Tennessee to tap U.S. government funds for green vehicles, the Nikkei business daily reported on Friday.

'I don't think anybody is as famous as Miley Cyrus,' Joe tells Larry King after the talk-show host asked if his girlfriend were as high-profile as Nick's.

Hollywood studio Paramount Pictures, which suffered the first big bomb of the summer last weekend with an Eddie Murphy comedy, has fired its top production executive after barely 18 months in the job.

Train cars containing thousands of gallons of ethanol exploded on Friday night in Rockford, Illinois killing one person and injuring nine other.

Citigroup’s top Asia executive, Ajay Banga, is joining credit card network MasterCard, becoming the firm’s President and Chief Operating Officer.

Kevin O’Neill, the former Arizona interim coach replaces Tim Floyd as the USC's basketball coach, the school announced today on its website.

Signs unemployment pains may be easing in individual U.S. states in April disappeared by May, when jobless rates jumped in 48 states and the District of Columbia, according to data released on Friday.

Negotiations are under way between General Motors (GM) and Sichuan Tengzhong Heavy Industrial Machinery over the proposed purchase of Hummer, and the deal is a perfect fit according to GM’s CEO Jim Taylor.

Actress Lindsay Lohan, who has been in the spotlight in recent years for personal troubles, may soon get a chance to bring that experience to a reality show.

The Recording Industry Association of America (RIAA) could soon be $1.92 million richer after a federal jury Thursday ruled a Minnesota mother of four who downloaded 24 songs violated music copyrights.

Apple Inc Chief Executive Steve Jobs underwent a liver transplant operation about two months ago and is expected to return to work by the end of June, The Wall Street Journal reported on Saturday.

New York Times reporter David Rohde escaped from the Taliban Friday night, the paper reported, after seven months of captivity where the U.S. government and media outlets voluntarily decided not to report on the matter.

JibJab, an e-card site, entertained President Barack Obama on Friday night at the Television Correspondents' Association dinner by showing a spoof video of the President.

The CEO of Singapore Airlines, the world's biggest by market value, will take a 20 percent pay cut as the carrier looks to cut costs after seeing profits battered by weak travel demand and volatile oil prices.

The Qatar Investment Authority could acquire more shares in ailing German sports car maker Porsche SE than previously thought, German magazine Focus said.

Steve Jobs, who has been on medical leave from Apple for the past six months, received a liver transplant in Tennessee two months ago but will still return to work at the end of June, according to a report Friday in the Wall Street Journal.

Shares of Assured Guaranty Ltd rose as much as 5 percent on heavy volumes Friday, a day after the bond insurer said it would not need backup funds from investor Wilbur Ross for a pending acquisition upon completion of its share offering.

HudBay Minerals plans to embark on an acquisition spree and is targeting companies valued as high as C$1 billion ($885 million), the base metals miner's chief executive said on Friday.