LONDON

Olympus Corp head Tsuyoshi Kikukawa resigned on Wednesday after a scandal over hefty advisory fees wiped out half of the 92-year-old firm's market value while his successor stuck with the company's line that it had done nothing wrong.

Tunisian Islamist leader Rachid Ghannouchi is seen by many secularists as a dangerous radical, but for some conservative clerics who see themselves as the benchmark of orthodox Islam -- he is so liberal that they call him an unbeliever.

A giant 8-foot, 100-pound fiberglass Lego man that washed up on Siesta Key, Florida beach Tuesday morning has left crowds wondering how it got there and who did it?

Chelsea will face Everton in the Carling Cup in a bid to progress into the quarterfinals of the tournament at the Goodison Park on Wednesday.

When ministers, officials, tech executives, Internet activists and security experts meet in London next week to discuss the management of cyberspace, they will be taking some of the first steps down a very long road.

Freeport-McMoRan Copper & Gold Inc. has declared force majeure on concentrate sales agreements from its strike-hit Grasberg mine in Indonesia, the Arizona-based firm said on Wednesday.

Miranda Kerr, or rather her girls, has been selected to wear Victoria's Secret limited edition bejeweled bra, though she is not the first model to wear the some-odd-million dollar Fantasy Bra.

Pippa Middleton has caused quite a stir. The sister of Kate Middleton, Duchess of Cambridge and wife of Prince William, has become an international sensation ever since appearing at her sister's wedding wearing a curve-hugging, buttercream Sara Burton of Alexander McQueen gown.

After it seemed like the NBA world tour during the NBA lockout was in jeopardy just 48 hours ago, the biggest NBA lockout event players have ever staged is officially on, after an agreement was reached among tour organizers, according to Yahoo Sports.

The Gunners may be active in the January transfer window.

As Moammar Gadhafi's body is buried in the dessert under an unmarked grave, his son and one time heir Saif al-Islam Gadhafi is preparing to flee Libya, a member of the National Transitional Council has revealed.

Cherilyn Lee, a nurse who worked with Michael Jackson to treat his ongoing insomnia, will continue her testimony to begin day 17 of the Conrad Murray involuntary manslaughter trial.

BP said on Tuesday it wanted to return to Libya and resume oil and gas exploration work, which it halted earlier this year due to the uprising against Muammar Gaddafi's rule.

BP has turned a corner after the Gulf of Mexico disaster, its chief executive said on Tuesday, predicting the British oil firm would now return to output and cashflow growth and rejecting calls for a fundamental restructuring of the group.

Maersk Drilling has struck a four-year $780 million deal with BP for a deepwater rig, and aims to increase its fleet by 6-8 rigs within five years.

Windows Phone could make a big splash this week at Nokia World, when they unveil three new smartphones.

Russian miner Polymetal's placement book for its London listing is more than 50 percent subscribed after the company opened it a day before, two sources close to the deal told Reuters on Tuesday.

Chelsea skipper John Terry has come under fire for his alleged racial insult to Queens Park Rangers defender Anton Ferdinand during the Blues 1-0 loss at Loftus Road.

As the fashion world gets ready for the much awaited Victoria's Secret annual fashion show, the one thing that has definitely grabbed the attention of the masses is the 2011 version of the iconic Fantasy Bra.

American singer and entertainer, Britney Spears, is seen getting very hot and steamy, in the video for her single, Criminal, with boyfriend Jason Trawick. Spears may have crossed a few lines while shooting for the video in London; she is seen completely naked with her boyfriend and also in the shower and rolling around in the sheets

Magnolia Pictures has acquired U.S. rights to 360, a drama starring Rachel Weisz, Anthony Hopkins and Jude Law, the company announced Monday.