New UBS boss seeks fresh start after trading
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.
ECB undecided on length of debt-buying program: Paramo
The European Central Bank has not decided how long its unconventional interventions in the secondary market for European government debt will go on, Executive Board Member Jose Manuel Gonzalez-Paramo said in an interview on Sunday.
Katy Perry and Rihanna Rock Hard at Rock in Rio Music Festival (Photos)
About 100,000 people turned up on Friday for the Rock in Rio music festival in the city of Rio De Janeiro.
Katherine Heigl Dons a New Avatar in ‘One For The Money’
Katherine Heigl dons a new avatar for her upcoming movie One For The Money, where she plays the heroic fictional character Stephanie Plum.
Finance minister rules out role in next Russian government
Finance Minister Alexei Kudrin has ruled out taking a job in Russia's next government, citing irreconcilable policy differences with President Dmitry Medvedev, who is likely to become premier in a job swap with Vladimir Putin.
Can $300 Amazon Tablet Break iPad's Dominance?
Amazon.com is all set to launch its new Android-based Kindle tablet lineup at a press event next week.
Kudrin rules out role in Russia's next government
Russia's finance Minister Alexei Kudrin said he would decline a job in the country's next government, citing irreconcilable policy differences with President Dmitry Medvedev, who is set to become premier in a job swap with Vladimir Putin.
Mongolia wants to speed up raising its stake in copper
The Mongolian government will seek to accelerate the timetable to increase its stake in the country's giant Oyu Tolgoi copper-gold project to 50 percent, Mining Minister Dashdorj Zorigt said on Sunday.
Stoke City 1-1 Manchester United - Match Highlights (VIDEO)
Manchester United lost their first points of the season against Stoke City at The Britannia with a 1-1 draw.
Chelsea 4-1 Swansea City - Match Highlights (VIDEO)
Ten-man Chelsea eased past Swansea City 4-1 at Stamford Bridge, after Fernando Torres scored and then got sent off.
Arsenal 3-0 Bolton Wanderers - Match Highlights (VIDEO)
Arsenal got a much-needed win against ten-man Bolton, as captain Robin Van Persie scored his 99th and 100th goals for the club in a 3-0 win at the Emirates.
Rio Tinto says will talk to Mongolia on copper mine deal
Global mining giant Rio Tinto will respond to any request from the Mongolian government to discuss its investment in the country's giant Oyu Tolgoi copper-gold deposit, but still expects the original 2009 agreement to be honored.
Russia says better to save Greece from a default
Saving Greece from a default would be better for the euro zone countries and ease the threat of similar developments in Spain and Italy, Russia's Finance Minister Alexei Kudrin said on Saturday.
S.Korea manufacturer Q4 business outlook worsens: survey
Business sentiment among South Korean manufacturers turned pessimistic for the fourth quarter, falling to the lowest in 2-1/2 years, possibly weighing on investment and business plans for next year, a private survey showed.
Kat Von D and Jesse James Split Up Again
Tattoo artist Kat Von D and motorcycle entrepreneur Jesse James have decided to go their separate ways yet again. In a post on Facebook called Odds and Ends, the tattoo artist said that she was no longer in a relationship.
A Happy Marriage Could Prevent Hair Loss in Women: Study
A new study of male and female identical twins has found that environmental or lifestyle factors like stress, smoking, heavy drinking and sun exposure could trigger hair loss, especially in women.
IMF to mull expansion of crisis-fighting capacity
The International Monetary Fund said on Saturday it would decide by April whether its resources are sufficient to prevent a global credit crunch if Europe's debt crisis spreads to the rest of the world.
LG to pour about $7 billion in Green New Business
LG, South Korea's second largest business conglomerate, said on Sunday it will invest 8 trillion won ($6.83 billion) in Green New Business sectors such as electric vehicle parts, LED lighting and sewage treatment industries by 2015.
Rick Santorum Wants Google to Remove Sexual Links to His Name
Rick Santorum wants Google to remove results that link his name to anal sex, but Google won't do it.
UniCredit CEO urges swift economic reforms
Italy could face losing its economic competitiveness unless political leaders move quickly to carry out economic reforms to cut its debt and restart growth, the head of UniCredit , Italy's biggest bank, said on Saturday.
Diana Nyad Swim: Halfway from Cuba to Florida After Portuguese Man-o'-War Stings
Less than two months after ending her attempt to swim from Cuba to Florida because of health problems, Diana Nyad is trying it again. She was about halfway through the swim as of Saturday evening.
BAE may cut 3,000 jobs as Typhoon orders slow: media
British defense giant BAE Systems is set to announce up to 3,000 job losses as it struggles to secure orders for the Eurofighter Typhoon in the wake of cuts to defense budgets by partner nations, British media reported on Sunday.
Europe aims to beef up crisis fund, world urges action
Europe is working to ramp up the firepower of its bailout fund, top officials said on Saturday, as the United States, China and other nations raised the alarm about its debt crisis hurting the world economy.
Florida Straw Poll: With Cain Victory, a New Race Emerges
Herman Cain won the Florida presidential straw poll on Saturday in a stunning upset, getting more votes than Rick Perry and Mitt Romney combined. Are we looking at a reshaped race for the Republican nomination?
G20, IMF/World Bank meetings in Washington
The following are highlights of comments by finance ministers and central bankers in Washington this week for meetings of the Group of 20 and the semiannual meetings of the International Monetary Fund and World Bank.
China must battle inflation, maintains growth-Zhou
China's economic outlook is positive, but it must keep battling inflation and be ready to counteract any external shocks, the country's top central banker said on Saturday.
Occupy Wall Street Continues, More Arrested
More people have been arrested in New York City for the Occupy Wall Street protests Saturday, as activists protested in Union Square.
HSBC's Flint to take reins at global bank lobby IIF
Douglas Flint, the chairman of European banking powerhouse HSBC , will take over as chairman of the Institute of International Finance next year, the global bank lobby's current chairman said on Saturday.
Prostate Cancer Drug Alpharadin May Extend Life With Few Side Effects
In a major breakthrough in prostate cancer treatment, a new drug has been shown to prolong survival in patients with advanced prostate cancer.
Did Rick Santorum Hear Audience Members Booing Gay Soldier?
Rick Santorum's failure to condemn the audience members who booed a gay soldier was nearly as bad as making a homophobic remark himself.
