IBT Staff Reporter

Citigroup is planning to sell its Japanese retail brokerage Nikko Cordial Securities, according to a report.

Recessionary gloom gathers. The week was marked by mounting concerns for the integrity of the euro and saw another round of US government action to shore up its buckling banking sector.

U.K. Prime Minister Gordon Brown unveiled a second bailout for the British financial system on Monday to revive lending in the economy.

Israel and Hamas separately declared cease-fires 12 hours apart after strenuous efforts by Egyptian mediators to get an agreement.

Russian energy giant OAO Gazprom said that it was preparing documents on gas supplies which would be signed on Monday.

On Sunday, a British photographer who was trying to snap some photos in Hong Kong of Zimbabwe's first lady was beaten up and punched repeatedly by her.

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Kellogg Company announced a voluntary recall of some of its peanut butter products because they have the potential to be contaminated with Salmonella.

This year one will see a new face at Brazil's carnival; president- elect Barack Obama.

Playboy Hugh Hefner's ex-girlfriend, Kendra Wilkinson, said she feels sorry for hurting him before the break up.

In 2008, piracy off the coast of Somalia rose nearly 200 percent compared to the previous year.

Following the miraculous landing of the US Airways jet in the Hudson River, all networks have been eager to seal the first interview with the heroic pilot who made the safe crash-landing.

Israeli Prime Minister Ehud Olmer addressed his nation on Saturday indicating that the leadership's goals had been fully achieved in Gaza against Hamas and that the armed forces would begin a ceasefire at 2:00 a.m. local time.

Tennis-star Serena Williams is cutting back on her extravagant spending as the global financial crisis takes a toll on how she spends her hard earned cash.

President elect Barack Obama took a historical view of the American inaugural celebration tradition which first took place 220 years with the first U.S. President, during his last radio address on Saturday ahead of his swearing in as the nation's chief executive on Tuesday.

The wife of a greek magnate who was kidnapped called his kidnappers through Greek TV to contact her so she can pay them the ransom.

Apple Inc. chief executive Steve Jobs is standing for re-election for the board of directors of Walt Disney Co. despite taking a six month medical leave from his duties at Apple.

A party celebrating the release of Notorious, a biopic of rapper Biggie Smalls ended with four people being stabbed, while a moviegoer was shot at the movie premiere.

Manny Pacquiao of the Philippines insists there is no Hatton deal to the much talked boxing match against Ricky Hatton

The Tampa Bay Buccaneers' late-season collapse after a 9-and-3 start has cost Coach Jon Gruden his job. The Buccaneers dismissed Jon Gruden and their general manager Bruce Allen.

A photograph of Madonna taken in 1979 is to appear in Christie's auction on February 12 and is expected to sell for at least $10,000 each, according to estimates posted on the company's Web site.

Producers of Speed-the-Plow filed a grievance with Actors' Equity Association against actor Jeremy Piven for abruptly leaving the Broadway show citing health concerns, reported The New York Times.

Lindsey Vonn of the United States won a World Cup super-combined race Saturday after nearly crashing during a jump in the downhill leg.

Amy Winehouse is refusing to allow her husband to divorce her.

European Union regulators addressed Microsoft Co. on a private statement Thursday complaining that the bundling of Internet Explorer with Windows harmed competition, undermined product innovation and reduced consumer choice, the Financial Times reported Friday.

President-elect Barack Obama, set off on a train ride to Washington for the Tuesday inauguration.

Sony Ericsson reported loss of 187 million euro or $246 million in the fourth quarter, as the economic downturn lowered consumer spending.

Larry Fitzgerald is an American football wide receiver for the Arizona Cardinals of the National Football League born in Minneapolis, Minnesota.

What to do with zero temperatures these days that leads to frozen water pipes in area homes and businesses, causing sprinkler alarms to go off, water mains to break and leaving homeowners hard-pressed to find an available plumber?