IBT Staff Reporter

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Canadian actor to star in Man Who Laughs

Canadian actor Marc-Andre Grondin will play the lead role in L'homme Qui Rit (The Man Who Laughs), an adaptation of Victor Hugo's 1869 novel of the same name, TheWrap has confirmed.

Starbuck wins audience prize at Palm Springs fest

The Canadian comedy Starbuck, about a class-action lawsuit against a prolific sperm donor by 142 of the children he fathered, has won the Palm Springs International Film Festival's audience award for the festival's best narrative feature, PSIFF announced at an awards luncheon on Sunday.

Iron Lady locks up $5.4 million over weekend

The Iron Lady, the Weinstein Company's biopic of Margaret Thatcher, entered its first week of wide release as the No. 10 movie in America -- the only specialty film in the top 10.

Analysis: Foreign firms pay up to enter China's funds industry

China's $350 billion mutual funds industry may be stumbling due to a sliding stock market and fierce competition but that has not stopped new foreign entrants from paying hefty premiums -- double of what they are offering in India, in some cases -- to get their toes in.

Thriller Contraband nabs box office title

Adult thriller Contraband starring Mark Wahlberg grabbed the weekend movie box office title, beating expectations with an estimated $24.1 million in ticket sales at U.S. and Canadian theaters.

Factbox: List of Golden Globe winners

Following is a list of winners on Sunday at the Golden Globe Awards, which annually is among the most-watched Hollywood honors programs and a precursor to the Oscars. Winners are grouped into separate categories for film and television.

Plodding PC sales weigh down Microsoft profit

Microsoft Corp is starting the new year much as it did the one just ended - grappling with weak computer sales tearing a hole in its core Windows business, while it gropes its way slowly into the faster-growing mobile phone and tablet markets.

ECB aims to restore calm after S&P cuts: Nowotny

The European Central Bank will do all it can to calm the situation after Standard & Poor's downgraded several euro zone members' debt ratings in the past week, ECB Governing Council member Ewald Nowotny said on Sunday.

Hulu Challenges Cable with First Original Drama

Hulu, the popular online video service, has taken another step to becoming a full-fledged alternative to cable television by commissioning its first scripted original TV show to go live next month.

FSB's Carney Rejects Calls to Delay Bank Reforms

Financial Stability Board Chairman Mark Carney on Sunday rejected calls from the banking industry to delay planned tougher capital rules for lenders, saying such a move would not spur strong growth.

Two More Bodies Found on Italian Cruise Ship

Divers found the bodies of two elderly men inside a capsized cruiseliner on Sunday, raising to five the death toll after the luxury vessel foundered and dramatically keeled over off Italy's coast.

San Francisco Sinks New Orleans in Playoff

The San Francisco 49ers won a thrilling divisional playoff over the New Orleans Saints 36-32 on Saturday to reach the NFC Conference championship for the first time since the 1997 season.

Hollywood preps for Golden Globe party

Hollywood prepared for its annual party and prize giveaway, the Golden Globe Awards, on Sunday but as much as Tinseltown's eyes will be fixed on which films and stars will be honored, its ears will be listening for barbs from show host Ricky Gervais.

CEO Exits Serve as Warning to Canadian Energy Industry

The sudden departures of two energy industry chief executives this week should serve notice to their counterparts that corporate boards and the shareholders they represent are no longer willing to tolerate weak management.

China a harbinger for global slowdown

Walk softly. Global growth looks to be smoothly downshifting as China slows, the U.S. economy firms, and troubled Europe, at least for now, avoids a messy crash.

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