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'Eid Mubarak' Wishes Heard Around the Globe

Eid Mubarak
Muslims around the world are wishing each other an Eid Mubarak, or blessed festival. In cities across the globe, Muslim devotees gathered in and around mosques, giving thanks to Allah for helping them through the preceding month.
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Rebels Hunt Gaddafi Relatives, Loyalist in Tripoli

Rebels fought gun battles in Tripoli with loyalists of Muammar Gaddafi Wednesday as they hunted for his relatives and supporters, Reuters witnesses and an Arab television station said.
Luke Donald

Donald Gears Up for Final Push And Unique Double

World number one Luke Donald is gearing up for a final 2011 push as the FedExCup playoffs begin Thursday at The Barclays with the Briton aiming to reign over both the U.S. and European tours.
Rocket shoots skyward

Gold Price Cracks $1,900: New Record on Safe-Haven Buying

The price of gold ripped past $1,900 per ounce Monday, boosted by fears of enough wealth-destroying developments to erase any doubts that the world's oldest safe-haven investment is still the world's No. 1 safe-haven investment.
Dubai's New Rules

Are U.A.E. Car Dealers Waging War on Banks?

Car dealers in the United Arab Emirates are trying to get around strict new regulations created by the Gulf nation’s Central Bank that require car buyers to put 20 percent down on every purchase.
Fireworks explode as people gather near the courthouse in Benghazi

Obama Says Gaddafi Rule Collapsing, Supports Rebels

U.S. President Barack Obama said on Sunday Muammar Gaddafi's rule was showing signs of collapse and called on the Libyan leader to relinquish power to avoid further casualties.
International Business Times Logo

Gold Price Just $2 Shy of Record High $1,900

The price of gold early Monday came within $2 of a record high $1,900 per ounce before settling back to 1.2 percent gain over Friday's closing price as a host of global economic worries drove investors into the security of the world's oldest form of money.
Rocket shoots skyward

Gold Near Record High $1,900

Gold prices rallied toward $1,900 an ounce on Monday as concerns over the global economic outlook fueled interest in the precious metal as a haven from risk and due to talk that weak U.S. growth could spark a further round of monetary easing.
Qatar's Prime Minister Sheikh Hamad bin Jassim bin Jaber al-Thani and U.A.E. Foreign Minister Sheikh Abdullah bin Zayed al-Nahayan

How Gulf Sheikhs Will Inherit the Earth

While the rest of the world spirals into a debt-filled economic abyss, ultra-wealthy Persian Gulf states like Qatar and Kuwait are propped up by the high prices of crude oil and natural gas.
Yingluck Shinawatra

Thaksin's sister, Yingluck, becomes Thai prime minister

Yingluck Shinawatra was elected Thailand's first female prime minister on Friday in a parliamentary vote just 11 weeks into a political career crafted from exile by her brother and former premier, Thaksin Shinawatra.
International Business Times Logo

Thai PM Yingluck emerges from Thaksin's shadow

With her stunning leap from the boardroom to head of government in less than three months, Yingluck Shinawatra has shaken up Thai politics with a revival of the populist legacy of her exiled brother and former premier Thaksin Shinawatra.
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No aliens, no superheroes, just "Life in a Day"

It isn't among the most-hyped movies in theaters and won't win the battle of the weekend box office, but "Life in a Day" may just be the most unusual film playing in theaters this weekend.
Government of Singapore Investment Corp's (GIC) Executive Director Tony Tan

Bulging Cash Balances Set up Sovereign Funds for Deals

Global sovereign wealth funds are set to hasten investing the billions of dollars of cash holdings they have built up in a rebound from the 2008 financial crisis that has lifted their combined assets to a record.

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