IBT Staff Reporter

Home Depot Inc reported stronger-than-expected quarterly results and raised its fiscal-year outlook for the third time in six months as the world's largest home improvement chain gained market share from smaller rival Lowe's Cos Inc.

Qatar Airways placed a $6.5 billion order for Airbus jets hours after telling the European giant to go back to basics and learn how to build airplanes in a day of high theater at the Dubai Air Show on Tuesday.

China's biggest commercial banks face systemic risks if a combination of credit, property, currency and yield curve shocks that could be withstood in isolation were to occur together, the International Monetary Fund warned on Tuesday.

Reports have emerged stating Italian giants Juventus are ready to resume their pursuit of Brazilian defender Alex from Chelsea.

Olympus Corp's creditors are not expected to demand changes in loan terms or take other abrupt steps and risk hurting their own interests when they meet company executives on Wednesday to grill them about the firm's huge accounting scandal, sources and analysts said.

Stock index futures pointed to a weaker open for equities on Wall Street on Tuesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 down 0.3 to 0.7 percent.

European shares and the euro fell on Tuesday as investors renewed selling of Italian and Spanish bonds, while a sharp rise in French yields pointed to a growing risk that the two-year debt crisis may spread to one of the region's big two economies.

Arsenal could lose another top midfielder to a Spanish club as Real Madrid are reportedly interested in the 19-year-old Jack Wilshere.

UBS AG sealed the permanent appointment of Sergio Ermotti as chief executive on Tuesday and named former Bundesbank president Axel Weber as chairman from next May as it fills a leadership vacuum following its $2 billion trading scandal.

Brazil saw off Egypt 2-0 in an International Friendly in Doha, with two goals from Valencia forward Jonas.

Qatar Airways looks set to double its order for the world's largest airliner with a purchase of five Airbus A380 superjumbos on Tuesday.

An Australian court has agreed to hear in March a case brought by Samsung Electronics to ban sales of Apple Inc's latest iPhone, with sales allowed to continue as normal ahead of the full hearing on alleged patent infringements.

Warren Buffett has always made his distaste for technology investments clear, but on Monday he changed his ways in spectacular fashion.

UBS named Sergio Ermotti as its new chief executive, making permanent the 51-year-old Swiss banker's appointment as a temporary successor to Oswald Gruebel, who left the Swiss bank in September following a $2 billion rogue trading scandal.

It's getting to be that time of year again: silver bells ringing, chestnuts roasting over an open fire... and you stitching together eight pillows and a roll of bubble wrap to pair with a bike helmet in preparation for the collective mob delirium known as Black Friday.

Huawei Technologies, the world's No.2 telecoms equipment maker, plans to buy the remaining 49 percent stake in a joint venture with Symantec Corp that it does not already own for $530 million to bolster its corporate security solutions business.

MF Global Holdings Ltd may have faced a shortfall in customer funds even as far back as October 27, four days before the U.S. futures brokerage filed for bankruptcy protection, the Wall Street Journal said, citing people familiar with the situation.

Jerry Sandusky, the former Penn State University assistant football coach charged with child sex abuse, said on Monday he is not a pedophile, but admitted he showered with young boys.

Fresh off the monster success of Harry Potter, director David Yates is turning his attention to another British icon, Doctor Who.

Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.

Alex Denner, the top healthcare deputy for Carl Icahn, confirmed on Monday that he had resigned from the billionaire investor's firm.

After pleading guilty to online solicitation of a minor, KHOU-TV reported that a 38-year-old woman from Katy, Texas, received a sentence of five years' probation on Friday.

Actress Meryl Streep unveiled a poster in London on Monday promoting her upcoming big-screen portrayal of former British Prime Minister Margaret Thatcher, which one early review described as magnificent.

Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.

Asian shares fell on Tuesday, as a rise in euro zone bond yields reflected lingering doubts about the ability of politicians in Italy and Greece to push through painful reforms to resolve their debt crises and win market confidence.

Sex-tape veteran and frequent Playboy Playmate Pamela Anderson is reclaiming her virginity -- at least on Canadian television.

Kim Kardashian has found herself in a hairy situation -- and it has nothing to do with the drama over her impending divorce from NBA player Kris Humphries.

The struggling Thursday night shows Prime Suspect and Community are missing from NBC's midseason schedule, but at least one of them is expected to return.

Chris Meledandri's Illumination is expanding.