IBT Staff Reporter

An intensifying legal battle between Samsung Electronics Co and Apple Inc is expected to crimp growth at one of the fastest growing businesses of the Korean company, while threatening to worsen business ties with the firm's largest customer.

Libya's interim rulers said Sunday they had found a mass grave containing the bodies of 1,270 inmates killed by Muammar Gaddafi's security forces in a 1996 massacre at a Tripoli prison.

Thousands of people stripped down to their underwear and ran from Gallivan Center through Salt Lake City, Utah, on Saturday.

Alibaba.com may spin off and publicly list its Internet application services provider HiChina, the company said on Monday.

With fears of a recession rising, the maritime industry will find it increasingly difficult to obtain financing for expansion over the next year, with the exception of the offshore-energy sector, industry experts said.

Salvatore Ferragamo's spring 2012 collection features bold and bright colors, floral patterns and form fitting silhouettes.

Finance chiefs from the Group of 20 nations and the 187-country International Monetary Fund met from Thursday to Sunday.

The deteriorating outlook for the world economy, and what retailers can do to cope, are likely to be the dominant themes at the annual World Retail Congress in Berlin this week.

Markets will give their verdict on Monday on whether they think Swiss bank UBS's new caretaker chief executive has the mettle to manage the overhaul of its investment bank after Oswald Gruebel quit over the $2.3 billion rogue trading scandal.

The announcement of the iPhone 5 will take place at Apple headquarters in Cupertino, Calif. on Oct. 4, a change from the original location of Yerba Buena Center for Arts, several sources have said.

The European Central Bank battled to avoid being dragged further into the area of fiscal policy this weekend, as its policymakers stood firm against using the ECB to help supercharge the euro zone's rescue fund.

Global banks aggressive push to scale back or postpone new capital rules for the world's largest banks is being met with little sympathy from international regulators who are set to finalize these standards in the coming weeks.

Boeing's long-awaited dream machine became a commercial reality on Sunday when the lightweight plastic-composites 787 Dreamliner was formally delivered to its first Japanese customer.

The global economy was supposed to be better by now.

Saudi Arabia's King Abdullah announced Sunday that women will have the right to vote for the first time beginning in 2015.

The board of Russia's third-largest oil producer, TNK-BP , has approved an additional $1.25 billion dividend payout to shareholders, a TNK-BP spokesman said on Sunday.

As Boeing Co executives and workers toast the first delivery of the revolutionary 787 Dreamliner on Sunday, the next enormous hurdle must weigh heavily on their minds: they have to make about 800 more.

State Farm Insurance has paid $5 billion to its customers for weather-related catastrophes -- damage to cars, homes and other property so far this year -- the largest U.S. insurer of homes and cars said on Sunday.

With the new Facebook receiving substantial criticism, some say Google+ may have a window of opportunity for growth.

With people upset over the new Facebook changes, Google+ may have a window of opportunity for major growth.

The following are highlights of comments by finance ministers and central bankers in Washington this weekend for meetings of the Group of 20, the semiannual meetings of the International Monetary Fund and World Bank, and the annual meeting of the Institute of International Finance.

European policymakers, stung by criticism for failing to stem the euro zone debt crisis, face the tough task of quickly stopping fallout from Greece's near-bankruptcy from spreading into the world economy.

France could use a support mechanism set up at the height of the banking crisis in 2008 to shore up the capital bases of French banks in case of an extraordinary event, Christian Noyer, head of the Bank of France, told a French newspaper.

Boeing's long-awaited 787 Dreamliner became a commercial reality on Sunday when the U.S. planemaker signed a final contract to deliver the world's first lightweight composites jetliner to its Japanese customer.

The following are highlights of comments by finance ministers and central bankers in Washington this week for meetings of the Group of 20, the semiannual meetings of the International Monetary Fund and World Bank, and the annual meeting of the Institute of International Finance.

Germany's private banks need to prepare for further fallout from the euro zone's sovereign debt crisis, the head of Germany's BdB banking association said on Sunday.

Earnings forecasts for U.S. companies are starting to feel the pain on Wall Street and in the broader economy as the odds of another recession rise.

Reorganising the investment bank at UBS will take two to three years to complete, its chairman said on Sunday, a day after Chief Executive Oswald Gruebel quit over the $2.3 billion rogue trading scandal.

The new interim boss of UBS has been charged with reorganizing its investment bank, a task which will take two to three years to complete, its chairman said on Sunday, after CEO Oswald Gruebel quit over the $2.3 billion rogue trading scandal.