IBT Staff Reporter

Nissan Motor Co Ltd recalled nearly 271,000 older-model Pathfinder and Infiniti QX4 SUVs in North America due to the chance that road salt and water could collect to cause a loss of steering, U.S. safety regulators said.

Iran has been targeted by a second computer virus in a cyber war waged by its enemies, its commander of civil defense said on Monday.

Images of a prototype version of the iPhone on the T-Mobile network have surfaced.

President Barack Obama and Senate Minority Leader Mitch McConnell - taking a break from discussing the nation's long term deficits - issued dueling statements on U.S. energy policy over the past several days, referring to changes in rules that could affect oil production, tax subsidies and research into alternative energy.

Tokyo Electric Power said it would cut the total compensation of its president, chairman and other top executives by half as it grapples with the world's worst nuclear crisis in 25 years at its Fukushima Daiichi plant.

Prince William and Kate Middleton sure are a modern day couple. OK! Magazine is reporting that the royal couple asked Beyoncé and Jay-Z to perform at their wedding reception this upcoming Friday.

Arsenal manager Arsene Wenger has rushed to the defence of his squad after their loss at Bolton left them with a mere mathematical possibility of winning the title.

Wall Street stocks looked set to open near three-year highs on Monday after strong earnings, although traders eyed rising oil prices in what was likely to be a slow session, with major European markets closed.

Set for release by the end of 2012, a playable model of the new console will be presented at this year's Electronic Entertainment Expo in Los Angeles, California, the company said.

China's ministry of culture is to punish search engine company Baidu for providing illegal music downloads, a move that may hit its soaring share price.

Aside from maybe the odd cheeseburger stain on his tie, nothing much sticks to Warren Buffett.

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stock index futures on Monday, although traders eyed rising oil prices as a potential negative for the market.

BlackBerry maker Research In Motion said Russia could help development of new technologies by finding a balance between state security and innovation.

Upward momentum from a raft of recent strong earnings reports helped lift U.S. stocks futures on Monday, although traders eyed rising oil prices as a potential negative for the market.

World number one Rafael Nadal has made history by becoming the first player to win two tournaments six times or more after he won his sixth Barcelona Open title against fellow Spaniard David Ferrer.

Thousands of devotees gathered in Puttaparti to to pay last respects to Indian guru Sathya Sai Baba amid reports of 'miracles' and hopes of reincarnation.

After Real Madrid's extra-time win over Barcelona in the Copa Del Rey on Wednesday, the Catalan's coach Pep Guardiola has claimed that Madrid are favourites for the two remaining Champions League encounters between the two rivals.

Gunatanamo detainees verbalized violent threats against their captors, according to the latest set of classified files leaked to anti-secrecy website WikiLeaks.

Nintendo Co Ltd might provide clues on the effect of the devastating March 11 earthquake and tsunami on the industry's supply chain and domestic demand as it kicks off earnings for the Japanese electronics sector on Monday.

S-LCD, a flat screen joint venture between Sony Corp and Samsung Electronics, said it would reduce capital by $555 million, as Sony struggles with perennial losses from its TV business and Samsung seeks to shift to a new type of display.

Toyota Motor Co <7203.T> may slip to No.3 in the automaker production rankings behind General Motors and Volkswagen due to Japan's earthquake and nuclear crisis, which slashed local output by almost two-thirds in March alone.

Japan's Nintendo Co Ltd posted its second straight fall in annual profit on Monday, as sales of its aging Wii games console slowed and the March 11 earthquake weighed on Japanese consumer spending.

The Australian dollar hit a fresh 29-year high and South Korea's benchmark share index touched another record intraday high on Monday, suggesting investors were still eager to embrace risk and higher-yielding assets.

Photos of the devastation left behind by tornadoes from North Carolina suburbs to St Louis International Airport even as Texas and Ohio brace for storms and severe weather.

Toyota Motor Co <7203.T> is set to lose its crown as the world's largest automaker after Japan's earthquake and nuclear disaster slashed local output by almost two-thirds in March.

Like an increasing number of well-heeled Americans, the Hodgsons decided it was time to buy a new home, even if most of the U.S. housing market remains in the dumps.

Arsenal remain with just a mathematical chance of winning the title after a 2-1 loss at Bolton Wanderers left them nine points behind leaders Manchester United in the English Premier League.

China needs to guard against volatility in U.S. Treasury prices should investors demand higher returns from U.S. government debt, a researcher at the Chinese central bank said on Monday.

Japan's largest companies are likely to paint a bleak picture for this year's profits when they start announcing earnings this week, if they offer any guidance at all.