IBT Staff Reporter

The New York Knicks may like Jimmer Fredette's scoring prowess, but the team is more likely to end up with Marshon Brooks or Klay Thompson.

Jun 20, 2011

World number one Rafael Nadal will open his Wimbledon campaign against American Micahel Russell at the Centre court.

Jun 20, 2011

Boeing booked the first big order on day one of a rain-sodden Paris Air Show, while arch-rival Airbus was left red-faced after pulling two flagship planes from flying displays.

Jun 20, 2011

Stock index futures fell on Monday after euro zone finance ministers postponed a final decision on extending emergency loans to debt-stricken Greece.

Jun 20, 2011

In the wake of the revelation that both the U.S. Senate and CIA's websites were hacked, the White House has called for stricter sentences for any hacker caught breaking into a government's private computer networks.

Jun 20, 2011

China's Huawei Technologies unveiled a new tablet computer called the MediaPad on Monday that it hopes could take on market leaders Apple and Samsung Electronics.

Jun 20, 2011

The world economy is slowing down due to a combination of factors such as the euro zone's debt problems and a weak U.S. housing sector, but it is not headed for a double-dip slump, the head of the OECD said on Monday.

Jun 20, 2011

Greece's debt crisis may be contagious and poses one of the biggest risks to global financial markets alongside Middle East uprisings, Citigroup's Chief Risk Officer told Reuters.

Jun 20, 2011

World stocks, the euro and crude prices fell on Monday and bond yields in heavily indebted euro zone countries jumped after the region's finance ministers delayed a final decision on extending emergency loans to Greece.

Jun 20, 2011

Hard-pressed for liquidity, Tunisia's interim government, along with Cherif, are ready to shock Europe-- once the primary market for Tunisian tourism-- into returning to its sun-kissed Mediterranean beaches.

Jun 20, 2011

Moody's Investors Service cut its credit rating on Tokyo Electric Power Co to junk status on Monday and kept the operator of Japan's crippled nuclear power plant on review for possible further downgrade, citing uncertainty over the fate of its bailout plan.

Jun 20, 2011

Charlotte Bloomberg, the determined and hard working matriarch of the Bloomberg family and mother of Mayor Michael Bloomberg died today at the age of 102, the mayor said tonight.

Jun 20, 2011

Euro zone finance ministers kept up intense pressure on Greece on Monday, saying it had to approve tougher austerity measures before a final decision is made on a further 12 billion euros ($17 billion) in loans.

Jun 20, 2011

World stocks, the euro and crude prices fell on Monday and bond yields in heavily indebted euro zone countries jumped after the region's finance ministers delayed a final decision on extending emergency loans to Greece.

Jun 20, 2011

The Japanese government upgraded its view of the economy's performance and outlook for the first time in four months on Monday, but disappointing export data showed that the recovery from the March earthquake and tsunami would be anything but smooth.

Jun 20, 2011

Dutch financial services group ING said on Monday it has put its car leasing business up for sale, in a deal Dutch media reported may be worth 4 billion euros ($5.7 billion).

Jun 20, 2011

It's better than anything that's ever been done, by me at least... It's the most original concept I've ever come up with. It's taken me four years to sort out.

Jun 20, 2011

Airbus and Boeing were set to announce several billion dollars' worth of plane orders on Monday as industry heavyweight Qatar Airways leaped in to kickstart a rain-sodden opening to the Paris Air Show.

Jun 20, 2011

Users of Netflix have been complaining for the past few hours on Twitter about the discontinuation of its online services, which include the $7.99 a month streaming feature and the service to order DVDs.

Jun 20, 2011

European aircraft maker Airbus will fly from London to Tokyo in flat two hours! Yes, you heard it right! It will take only two hours to fly from London to Tokyo and be virtually pollution free.

Jun 20, 2011

Google’s cloud-based Chromebook comes with a lot of promises as it has started to ship, but the Chrome OS vision leaves a lot to be desired in reality.

Jun 20, 2011

Adele, the Grammy award winner singer and song writer, has been advised by doctors to stop singing and talking for at least a month in order to recover from acute laryngitis.

Jun 20, 2011

Airbus faced the unexpected and daunting task on Monday of delivering a marketing blow to rival Boeing and maintaining momentum for a revamped jet with its two flagship planes grounded at the Paris Air Show.

Jun 20, 2011

Strong oil prices and the euro zone crisis threaten to cut short the recovery of an increasingly competitive aircraft manufacturing industry, the head of Brazil's jet builder Embraer told Reuters on the eve of the Paris Air Show.

Jun 20, 2011

Panasonic Corp on Monday forecast a 270 billion yen ($3.4 billion) operating profit for the year to March 2012, down 11 percent on the previous year as the effects of the devastating earthquake continued to weigh on the company's supply chain.

Jun 20, 2011

Three months have passed since the deadliest tsunami struck Japan on March 11, 2011. It was announced as the strongest ever in recorded history of geological disasters. Check out photos of Japan’s amazing recovery that took place after the catastrophic event.

Jun 20, 2011

Dutch financial services group ING is negotiating the sale of its car leasing business in a deal potentially worth 4 billion euros ($5.7 billion), a Dutch newspaper reported on Monday.

Jun 20, 2011

Famed market bear Nouriel Roubini may be talking down China, but resource firms are betting billions that rapid urbanization and economic growth will soak up the country's massive infrastructure investment and prevent a hard landing.

Jun 20, 2011

The euro dipped on Monday and Asian stocks flipped back into the red after euro zone finance ministers delayed a final decision on extending emergency loans to debt-stricken Greece, dashing hopes for a quick solution to the political impasse.

Jun 20, 2011