IBT Staff Reporter

A growing number of News Corp shareholders with voting rights are considering sending a strong message of discontent to Chief Executive Rupert Murdoch by voting against several long-standing board members including his sons James and Lachlan.

A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm's ex-CEO.

Chelsea are highly interested in £40-million-rated Lille winger Eden Hazard according to the French side's academy director Jean-Michel Vandamme.

Groupon Inc said it plans to raise as much as $540 million in an initial public offering, less than previously planned, as the largest daily deals company grapples with a weak equity market, executive departures and questions about its accounting and business model.

General Electric Co reported an 18 percent rise in quarterly profit that met Wall Street's expectations, as revenue rose across its big energy, aviation, healthcare and transportation arms.

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in quarterly profit that met market expectations.

European leaders have put off crucial decisions on how to stop a sovereign debt meltdown in their currency zone, keeping markets on edge, to give German Chancellor Angela Merkel time to secure parliamentary support, EU sources said on Friday.

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted a dim outlook after posting a 6 percent rise in third-quarter profit that met market expectations.

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, cut its 2011 investment plan and painted an uncertain outlook after posting a consensus-meeting profit for the third quarter.

POSCO <005490.KS>, the world's third-biggest steelmaker and backed by billionaire investor Warren Buffett, posted a 5.9 percent rise in profit for the third quarter, meeting consensus, thanks to higher sales volume and prices.

A former Wall Street banker of Japanese descent has emerged as a key figure in the scandal engulfing Japanese blue-chip firm Olympus Corp, according to documents provided by the firm's ex-CEO.

Five years after making a grand foray into retail, Mukesh Ambani's Reliance Industries is nowhere close to the scale he had hoped his company, India's largest listed group, would achieve in a fragmented and fast-growing industry.

Standard & Poor's will likely lower the credit standing of five European nations, including top-rated France, by one or two notches if the region slips into recession and government borrowings increase, the rating agency said in a report.

Five years after making a grand foray into retail, Mukesh Ambani's Reliance Industries is nowhere close to the scale he had hoped his company, India's largest listed group, would achieve in a fragmented and fast-growing industry.

Stocks bounced on Friday after France and Germany said a comprehensive euro zone debt deal was on its way, if a little late, although a weaker euro and rising bund futures suggested not everyone was convinced.

Stocks bounced on Friday after France and Germany said a comprehensive euro zone debt deal was on its way, if a little late, although a weaker euro and rising bund futures suggested not everyone was convinced.

This year, the Orionid meteor shower will be peaking before Friday dawn. The meteor shower should continue through this Saturday.

Mobile phones do not increase the risk of cancer, according to a large study involving more than 350,000 people by Danish researchers published Friday.

European stock index futures rose on Friday after Asian shares edged up and the euro clung to overnight gains, but markets largely stayed within range, as investors awaited a weekend meeting of European leaders for signs of progress in resolving the region's debt crisis.

Senate Republicans and Democrats rejected each other's economic stimulus bills on Thursday, underscoring their inability to craft a bipartisan solution on job creation before next year's elections.

Senate Republicans and Democrats rejected each other's economic stimulus bills on Thursday, underscoring their inability to craft a bipartisan solution on job creation before next year's elections.

The race for cash among foreign banks in China is heating up as some struggle to rake in enough yuan deposits to meet a regulatory requirement that kicks in at the end of the year.

Asian shares inched up while the euro clung to overnight gains on Friday, but markets largely stayed within range, as investors awaited a weekend meeting of European leaders for signs of progress in resolving the region's debt crisis.

Liquidnet Inc, a U.S. venue where institutions anonymously trade public stocks, was sued by Wedbush Securities Inc for allegedly stealing trade secrets to start a rival business trading shares of private companies.

President Barack Obama on Thursday nominated a prominent critic of large banks for a key banking industry regulatory post.

An evangelical broadcaster whose end-of-the-world prophecy earlier this year stirred a global media frenzy has vanished from the public eye and airwaves ahead of his recalibrated doomsday date, set for Friday.

A landscape painting by Austrian artist Gustav Klimt that had been stolen by the Nazis is expected to fetch more than $25 million when it is sold at auction next month, Sotheby's said on Thursday.

The U.S. Senate, on a bipartisan vote of 74-26 on Thursday, confirmed former energy company executive John Bryson as commerce secretary, despite the objection of some Republicans due to his background as an environmentalist.

Flash memory supplier SanDisk (SNDK.O) forecast quarterly revenue near analysts' expectations thanks to growth in tablets and smartphones, but other chipmakers warned that a lackluster economy is hurting demand.