IBT Staff Reporter

Royal Dutch Shell , the biggest shareholder in Woodside Energy , has given no indication that it is in any hurry to sell its 24 percent stake in Woodside, the Australian company's chief said on Wednesday.

Oct 26, 2011

Olympus Corp Chairman and President Tsuyoshi Kikukawa stepped down on Wednesday in response to a widening scandal over dubious acquisition deals, as sources said Japan's securities watchdog was looking into the 92-year-old firm's past dealings.

Oct 26, 2011

China will intensify controls of online social media and instant messaging tools, the ruling Communist Party said in an agenda-setting document that marks the government's highest-level reaction so far to the explosive growth of microblogs.

Oct 26, 2011

Olympus Corp announced on Wednesday that its chairman and president Tsuyoshi Kikukawa had stepped down over media reports of a widening scandal, as sources said Japan's main securities watchdog was looking into the 92-year-old firm's dubious acquisition deals.

Oct 26, 2011

Japanese media interest has been muted, regulators are mostly mum and many politicians seem unaware anything is amiss.

Oct 26, 2011

The Boeing Co 787 Dreamliner took its first paying passengers aloft on Wednesday, showing off a carbon-composite design its maker says is lighter, more economical to fly and more comfortable than its metal rivals currently plying the airways.

Oct 26, 2011

The Bank of Japan is likely to debate easing monetary policy further at a meeting on Thursday after the yen rose to a record high and doubts mounted over whether Europe can forge a clear plan to tackle the euro zone debt crisis, sources said.

Oct 26, 2011

Stock index futures pointed to a higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, for the Dow Jones and for the Nasdaq 100 up 0.6 to 0.8 percent.

Oct 26, 2011

German drugs and chemicals group Merck KGaA has cut the top end of its sales forecast for 2011 by 2 percent after sluggish demand for consumer electronics dimmed the prospects for its liquid crystals unit.

Oct 26, 2011

Olympus Corp announced Wednesday that its chairman and president Tsuyoshi Kikukawa had stepped down over media reports of a widening scandal, as sources said Japan's main securities watchdog was looking into the 92-year-old firm's dubious acquisition deals.

Oct 26, 2011

Investors stayed cautious ahead of a summit expected to deliver pledges to tackle the euro zone's debt crisis rather than firm commitments, keeping the euro above $1.39 as stocks markets traded little changed.

Oct 26, 2011

Chotubhai Raghani's fields in a dry, salty strip of Indian coastline on the Arabian Sea never yielded much wheat but he feels like a lucky man now he's started selling them at a juicy markup.

Oct 26, 2011

Manchester United got back to winning ways with a 3-0 victory over Aldershot in the Carling Cup, although it would only serve limited reprieve from the weekend's mauling in the Manchester derby.

Oct 26, 2011

Japan's scandal-hit Olympus Corp said its chairman and president Tsuyoshi Kikukawa has stepped down due to a series of media reports on the company's problems and a plunge in its share price.

Oct 26, 2011

Fears of flooding across the Thai capital grew on Wednesday after Prime Minister Yingluck Shinawatra warned parts of Bangkok could face inundation for up to a month, with authorities calling a special five-day holiday to allow people to leave.

Oct 26, 2011

Shares of scandal-plagued Olympus Corp. fell more than 10 percent on Wednesday after gaining 8.2 percent in the previous session.

Oct 26, 2011

European stock index futures fell on Wednesday, after Asian shares traded lower for most part on growing concerns that the outcome from a key meeting of European policymakers to contain the debt crisis may fall short of expectations.

Oct 26, 2011

Shares of scandal-plagued Olympus Corp <7733.T> fell more than 10 percent on Wednesday after gaining 8.2 percent in the previous session.

Oct 26, 2011

A proposal to appoint a Commonwealth human rights commissioner to steer a more proactive rights agenda looks set to test a leaders' summit this week, with host Australia backing the plan but India and South Africa reported to oppose it.

Oct 26, 2011

The Boeing Co 787 Dreamliner takes its first paying passengers aloft on Wednesday, showing off a carbon-composite design its maker says is lighter, more economical to fly and more comfortable than its metal rivals currently plying the airways.

Oct 26, 2011

A Tibetan Buddhist monk doused himself in fuel and set himself ablaze in far western China on Tuesday, the tenth ethnic Tibetan this year to resort to the extreme form of protest, an overseas advocacy group said.

Oct 26, 2011

Steven Tyler, the lead singer of rock band Aerosmith, had a small accident on Tuesday that forced him to postpone a planned show in Paraguay by one day, a spokesman for the local concert organizers said.

Oct 26, 2011

Police arrested at least 85 people and cleared a camp used by anti-Wall Street protesters near the Oakland, California, city hall early on Tuesday, a city spokeswoman said.

Oct 26, 2011

Police and protesters scuffled in the streets of Oakland on Tuesday as more than 1,000 people marched on city hall to voice anger over scores of arrests at an Occupy Wall Street camp.

Oct 26, 2011

President Obama told Jay Leno during his visit to the Tonight Show Tuesday that you never like to see anybody come to the kind of end that Muammar Gaddafi did, but that his death sends a message to other dictators.

Oct 26, 2011

Unlike moviegoers in other parts of Asia, Chinese viewers don't mind seeing films that are set in the United States, a new study shows.

Oct 26, 2011

The Steve Jobs biography has debuted at the top of the charts, and you can expect it to stay there for a long time.

Oct 26, 2011

President Barack Obama took issue on Tuesday with the broadcasting of former Libyan leader Muammar Gaddafi's bloody demise, saying even those who had done terrible things deserved decorum in death.

Oct 26, 2011

Japan's main securities watchdog is looking into past Olympus M&A deals, focusing on whether the company made appropriate financial disclosures about them, two sources familiar with the matter said.

Oct 26, 2011