IBT Staff Reporter

China's economic growth will probably cool next year to the lowest annual rate in a decade, setting the pace for an Asia-wide slowdown as global demand fades, a Reuters poll released on Thursday showed.

Bank of Japan Governor Masaaki Shirakawa said on Thursday that solid growth in emerging markets will continue to underpin Japan's economy, suggesting the central bank will stick to its forecast of a moderate recovery when its board meets next week.

Doubts about the euro zone's ability to come up with a comprehensive plan to solve its debt crisis hammered equity markets and hit the euro on Thursday, underlying investor impatience with political wrangling.

Apple’s latest operating system, iOS 5 has attracted a lot of buyers for iPhone 4S with its store of more than 200 new apps, which includes notification, multitasking, iCloud, widgets, web browsing and camera boost.

Ousted Olympus Corp. <7733.T> CEO Michael Woodford widened his bid for regulators to probe the endoscope maker's controversial payments to advisory firms by urging Japan's securities watchdog to investigate.

European stock index futures fell on Thursday, as riskier assets across the board slumped with investors growing wary about taking risks ahead of a key European leaders' summit on Sunday.

The world's biggest food group Nestle on Thursday raised its sales growth outlook for the year after price hikes and strong demand in emerging markets helped its underlying sales rise more than expected in the first nine months of 2011.

The New York Film Critics Circle announced on Wednesday that it will move its year-end vote for the best films of 2011 from mid-December to November 28, making it the first critics' group to announce its winners.

Hustle & Flow producer John Singleton filed a lawsuit against Paramount Pictures and MTV Films Wednesday, claiming that they reneged on elements of the deal that they struck at the Sundance Film Festival for the 2005 film.

From Martin Scorsese to Steven Spielberg, Matt Damon has worked with some of Hollywood's greatest directors.

Former New York Mets star Lenny Dykstra pleaded no contest on Wednesday to grand theft auto charges stemming from what prosecutors said was a scheme to lease cars using phony business and credit information.

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.

Wednesday, Oct. 19, marks Apple's company-wide memorial service for deceased co-founder Steve Jobs.

Some potential buyers of Yahoo Inc are balking at the Internet company's demands for confidentiality that would prevent them from discussing joint bids, according to several people close to the situation.

Europe's plan to strengthen its banking system is set to fall well short of market expectations, the Financial Times reported on Thursday.

Google has revealed the Samsung Galaxy Nexus, the latest Google phone that serves as the trend-setter for Android devices also revealed this week.

Rihanna unveiled her new music video Wednesday for her single We Found Love, which shows the singer experimenting with drugs, kissing her rumored boyfriend Dudley O'Shaughnessy and, let's not forget, going topless.

Aren't the Marines supposed to be tough?

Hit Off-Broadway play Peter and the Starcatcher, a prequel to the classic tale of Peter Pan, is making it to the Great White Way in 2012, its producers said on Wednesday.

It's been a whirlwind month, to say the least, for rapper T.I.

A medical expert testified on Wednesday that Michael Jackson's doctor acted more like an employee than a physician by agreeing to give the pop star nightly doses of the potent anesthetic propofol to treat insomnia.

Plans to tackle the euro zone debt crisis have stalled with Paris and Berlin at odds over how to increase the firepower of the region's bailout fund, French President Nicolas Sarkozy said on Wednesday.

Swiss bank UBS AG's caretaker chief executive Sergio Ermotti has ruled out a sale or spinoff of the investment bank and is planning to shrink the investment-banking unit, the Wall Street Journal reported.

Swiss bank UBS AG's caretaker chief executive Sergio Ermotti has ruled out a sale or spinoff of the investment bank and is planning to shrink the investment-banking unit, the Wall Street Journal reported.

A U.S. federal judge in Florida postponed the arraignment hearing on Wednesday of a Credit Suisse banker accused of helping wealthy Americans hide their money from U.S. tax authorities.

Panasonic Corp will reduce plasma TV panel production and cut up to several thousand jobs, as its loss-making television unit struggles to compete with Asian rivals, domestic media reported on Thursday.

Law firms in the United States and Canada are exploring possible consumer lawsuits against Research In Motion Ltd for last week's BlackBerry outages, which for three days crippled email and messaging for tens of millions of users around the world.

The United States is pressing China to explain why its national firewall blocks so many U.S. companies from providing their services via the Internet, according to a letter obtained on Wednesday that is another sign of growing trade tension between the world's two largest economies.

American Airlines and its pilots resumed contract talks on Wednesday with the company's chief executive saying achieving the kind of labor-cost reductions management wants to nail down will not be easy.