Palash Ghosh

More than one in five young Italians are neither working nor studying in school, the highest such proportion of inactive youths in the European Union, according to the country’s national statistics office, ISTAT.

Moody's Investors Service downgraded bond ratings of the Tunisian government to Baa3 from Baa2, and changed its outlook to negative from stable – citing the country’s political instability amidst the ongoing chaos of street protests and change in regime.

The government of China government has placed an order for 200 Boeing planes, according to senior U.S. government officials, as part of a $45-billion export deal with China.

House speaker, John A. Boehner declined an invitation to attend tonight’s official state dinner at the White House in honor of Chinese President Hu Jintao.

A Labour Party MP is seeking to amend the laws of royal succession to the British throne to remove the supremacy of male heirs over females, ahead of the scheduled April wedding of Prince William and Kate Middleton.

Wheat and grain farmers in Argentina have called for a seven-day strike to protest the government’s export quotas which they say prevents them for taking advantage of rising global food prices and keeps domestic prices artificially low.

The Singapore Exchange (SGX), Singapore’s stock market, said it will do away with its lunch break and launch continuous all-day trading from March.

Apple (Nasdaq: AAPL) boss Steve Jobs sought cancer treatment in Switzerland in 2009, according to a report in Fortune magazine.

Agribusiness behemoth Cargill Inc. said it plans to split off its majority 64 percent stake in fertilizer-maker Mosaic Co. (NYSE: MOS), in a transaction valued at $24.3 billion.

One of the most egregious fashion trends of the past 15 to 20 years has undoubtedly been the proliferation of baseball caps – not just in the United States, but now across much of the world.

R. Sargent Shriver, former Democratic vice presidential candidate, founder of the Peace Corps and brother-in-law to former President John F. Kennedy, has passed away at the age of 95.

Mike Singletary, who was fired as the head coach of the Sam Francisco 49ers a few weeks ago, has joined the coaching staff of the Minnesota Vikings.

Basketball superstar LeBron James plans to launch a digital cartoon series online in association with MTV and Spring Hill Productions.

U.S. stocks climbed modestly higher, despite some negative developments with market behemoths Apple Inc. (Nasdaq: AAPL) and Citigroup (NYSE: C).

A major earthquake (magnitude 7.4) has struck southwestern Pakistan, according to the U.S. Geological Survey (USGS).

Report from state media indicate that the country’s interim president and prime minister have resigned from the ruling party of former president Zine El Abidine Ben Ali, who fled to Saudi Arabia as street protests rocked the nation.

A male student at Oak Park-River Forest High School in suburban Chicago may face expulsion from school for ranking fifty female classmates by various criteria on a list and circulating it on Facebook.

A New York City cigar smoker is being sued by his neighbors who claim that the odor and fumes of his stogies waft into their home and create an annoyance and a health hazard.

Brett Favre, who has just retired from the NFL after twenty seasons, believes his original club, the Green Bay Packers will win the Super Bowl this year.

The boss of a German technology company has apparently lost his job as a result of comments attributed to him in a WikiLeaks document.

WikiLeaks will probably not release any sensitive information it obtains from Swiss bank renegade Rudolf Elmer, according to press reports citing WikiLeaks boss Julian Assange and others sources connected to Elmer.

As another ongoing victim of the recession and financial imbalances, the struggling, crime-ridden city of Camden, New Jersey prepares to lay off about 25 percent of its work force, including 43 percent of police department and one-third of its firefighters, in order to fix a $26.5-million budget deficit.

Former Vice President Dick Cheney said he might need to have heart transplant operation, given his history of cardiovascular problems.

Banks must be allowed to fail in order for capitalism to succeed according to Paul Tucker, the deputy governor of The Bank of England (BoE).

A Swiss lawyer officially filed a legal maneuver asking the government to freeze any assets held by Tunisia's former president Zine El Abidine Ben Ali in Swiss banks, on the heels of a similar request by the Swiss Socialist Party.

Four ministers of the day-old new national unity government have quit, as the streets of Tunis again witness a fresh round of protests.

Watch IBTimes' Celtics vs Magic live online play-by-play coverage!

The eyes of all Boston Celtic (30-9) fans will be on superstar Kevin Garnett, who is expected to be back in the lineup tonight against the Orlando Magic (26-14) after the big man missed nine games.

Apple Inc. (Nasdaq: AAPL) shares plunged on German stock exchanges today after it was reported that Chairman Steve Jobs would take another leave of absence, fuelling worries about the potential length of his absence and the extent of his health issues.