Kim Dotcom, founder of file-sharing sites Megaupload and Megavideo, was denied bail on Wednesday. A New Zealand judge ruled that the copyright infringement suspect, a.k.a. Kim Schmitz and Kim Tim Jim Vestor, would be in custody for at least another month, saying he posed a significant flight risk.
Ceylan Yeginsu
Jan 25, 2012
Kim Dotcom, the founder of file-sharing site Megaupload.com who faces a lengthy jail term in the United States if convicted of racketeering, money laundering and Internet piracy, seems to have a mischievous sense of humor.
keep for now
Jan 25, 2012
Bruce Springsteen and the E Street Band have an extensive tour planned for 2012 in the U.S. and in Europe. The Wrecking Ball World Tour will begin on Mar. 18 in Atlanta, Ga. and end in Helsinki, Finland at the end of July 2012. Find the official schedule with all dates and locations for U.S. and Europe here.
Julia Greenberg
Jan 25, 2012
Greece hoped on Wednesday it could wrap up tortuous negotiations on a debt swap as early as this week when private creditors return to Athens for a fresh round of talks to avert a chaotic default.
IBT Staff Reporter
Jan 25, 2012
Brent crude slipped below $110 on Wednesday as recession fears, partly rekindled by stalled Greek debt talks, weighed on the outlook for demand, while threats by Iran to respond to European sanctions by shutting a vital trade route supported prices.
Mike Obel
Jan 25, 2012
The euro and European shares weakened on Wednesday as fears about the prospect of a Greek debt default overwhelmed positive news on the outlook for Germany, the region's largest economy.
Mike Obel
Jan 25, 2012
In the wake of the forceful evacuation of Samburu tribe, the German Travel Association has warned the Kenyan government that it will not help promoting Kenya as an attractive destination.
Sanskrity Sinha
Jan 25, 2012
German business sentiment rose for the third month in a row in January, beating expectations and offering fresh evidence that Europe's largest economy is shrugging off a sovereign debt crisis that has hammered growth in other euro zone countries.
IBT Staff Reporter
Jan 25, 2012
European shares and the single currency held firm on Wednesday as investor focus switched to the broader economic outlook and some strong results from leading U.S. companies, and away from worries about the stalemate in Greek debt talks.
IBT Staff Reporter
Jan 25, 2012
Samsung won the latest round of its legal battles with Apple Tuesday when a Dutch judge ruled its appeal insufficient to block Samsung tablets for stealing Apple designs. It's a double victory for Samsung because the Netherlands is an important distribution center for the rest of Europe.
Anthony Myers
Jan 24, 2012
After the U. S. government shut down the major file-sharing and online storage site Megaupload, citing copyright infringement and other felonies, last week, similar sites at risk of impending prosecution are now ducking for cover. It gives rise to a question - is Megaupload shutdown the beginning of the end of these sites?
Wendy Li
Jan 24, 2012
'The Artist,' 'The Descendants' will vie for Best Picture title
Ellen Killoran
Jan 24, 2012
While global financial markets have calmed down in the waning days of 2011 and early 2012, debt problems in eurozone, China's real estate problem and oil price pressure are three big concerns which haunt the near-term outlook according to a leading macro-economy guidance organization.
Bhaskar Prasad
Jan 24, 2012
The size of the Best Picture category is still unknown
Ellen Killoran
Jan 23, 2012
Eurozone finance ministers have rejected an offer by private bondholders to help restructure Greece's debts, officials said Monday, sending negotiators back to the drawing board and raising the threat of default.
IBT Staff Reporter
Jan 23, 2012
Stocks finished almost flat on Monday as investors took a break from a recent rally, awaiting earnings from bellwethers such as Apple later in the week.
IBT Staff Reporter
Jan 23, 2012
Stocks ended little changed on Monday as investors took a pause from a recent rally, awaiting earnings from bellwethers such as Apple later in the week.
Hao Li
Jan 23, 2012
Rescuers recovered two more bodies from the Costa Concordia on Monday, nine days after the cruise ship sank near Giglio Island, Italy. Meanwhile, a salvage company is ready to pump out the ship's fuel.
Daniel Tovrov
Jan 23, 2012
Gold rose 1 percent on Monday to a six-week high, boosted by technical buying and as the euro rallied ahead of the outcome of a euro zone meeting on Greek debt restructuring.
Mike Obel
Jan 23, 2012
European stocks hit their highest close since early August on Monday, with euro zone banks gaining sharply following a report that France and Germany were calling for a relaxation of global bank capital rules to prevent a credit crunch.
Mike Obel
Jan 23, 2012
The report cited a wider acceptance in mainstream society of day-to-day anti-Jewish tirades and actions.
Palash Ghosh
Jan 23, 2012
Stocks were little changed on Monday as recent earnings reports and development in the Eurozone provided little incentive to disrupt the recent tone for equities on the heels of the best weekly performance by the S&P 500 in a month.
IBT Staff Reporter
Jan 23, 2012