IBT Staff Reporter

BP has struck a deal with U.S. regulators that will allow it to resume deepwater drilling in the Gulf of Mexico, a year after the Deepwater Horizon rig exploded, the Sunday Times reported.

Glencore has cleared the decks to launch its much-anticipated $10-billion listing around the middle of the month, receiving the nod from the Hong Kong stock exchange and positive signals from debt markets.

Striking oil workers in Gabon stopped the African country's estimated 240,000 barrels of daily crude oil production, a union official told Reuters on Saturday.

The International Monetary Fund on Saturday denied a report in German magazine Der Spiegel that it was privately pressing Greece to restructure its debt.

After India claimed World Cup glory on the night of April 2, not many remembered that it was the spin legend Muttiah Muralitharan's last ever International match.

Cablevision Systems Corp is launching an app for customers using its Optimum package to watch television on their iPads at home, the company said on Saturday.

Greece must move faster on reform to regain competitiveness and create the prospects for growth, the chief of Greece's central bank said in an interview on Sunday.

India created history after a brilliant finale to the World Cup 2011 ended with Dhoni and his men chasing down Sri Lanka's total of 274 to hand one of the greatest players of all time - Sachin Tendulkar - the ultimate winners medal the sport could offer.

Persistent Federal Reserve critic Representative Ron Paul plans to hold a hearing on the central bank's emergency loans to the branches of non-U.S. banks, and could ask a Fed official to testify, his spokeswoman said on Saturday.

Persistent Federal Reserve critic Representative Ron Paul plans to hold a hearing on the central bank's emergency loans to the branches of non-U.S. banks, and could ask a Fed official to testify, his spokeswoman said on Saturday.

India created history after a brilliant finale to the World Cup 2011 ended with Dhoni and his men chasing down Sri Lanka's total of 274 to hand one of the greatest players of all time - Sachin Tendulkar - the ultimate winners medal the sport could offer.

Lizamoon is the name of an Internet-based scareware attack which plays on fears of computer viruses and trust in web security software. Its ultimate aim is to get a user provide credit card information.

The planet Saturn will reach opposition on Sunday, April 3, and be not only among the brightest planets in the sky but the only one visible for most of the night.

Chocolate treats will continue to get a little less chocolaty if the cost of the key ingredient cocoa rises further and the long-term supply concerns become a reality, one U.S. manufacturer told Reuters.

Bankers at Citigroup were unaware when discussing the possible sale of chemical company Lubrizol Corp with the man tipped to succeed Warren Buffett that he had any intention to buy shares himself, the Wall Street Journal reported on Saturday.

A Senate subcommittee is nearing completion of a long-awaited report on the role Wall Street banks played in creating complex securities that fueled the meltdown of the housing market, according to the Wall Street Journal.

A Senate subcommittee is nearing completion of a long-awaited report on the role Wall Street banks played in creating complex securities that fueled the meltdown of the housing market, according to the Wall Street Journal.

The International Monetary Fund is privately pushing Greece to restructure its debt soon, a German magazine said Saturday, but the Greek government and the European Commission insisted a restructuring would not be discussed.

JPMorgan Chase & Co is in settlement talks with the SEC to end a probe into how the investment bank marketed a deal involving subprime mortgages in 2007, according to the Financial Times.

India have a seemingly attainable target of 275, but with Lasith Malinga dismissing Sehwag and Tendulkar, the momentum is with Sri Lanka to go on and win the Cricket World Cup 2011.

When completed, this will be the largest, most precise and highest astronomical facility in the world and is expected to provide answers to some of the most fundamental questions of cosmology.

Netflix adds a few new shows to its instant streaming service including Sons of Anarchy and Glee.

Leaders from five of the world's top emerging economies will discuss a coordinated stance on economic issues such as commodity price fluctuations, but the yuan's exchange rate is off the agenda, a senior Chinese diplomat said on Saturday.

European authorities and the International Monetary Fund believe Ireland and Greece can sustain their debts while it is up to Portugal whether it joins them in seeking help, the head of Europe's rescue fund said. Fears Ireland will not be able to shoulder the burden of one of the world's most costliest bank bailouts have overshadowed the government's pledge to recapitalize its financial system ...

The Momentum Project launched initially in Spain and expected to be replicated across Latin America seeks to support the most promising social entrepreneurs and enable them to consolidate, grow and scale up their social impact.

A University of Cambridge scholar has released a happiness map of countries, based on a study of tweets made by citizens on the popular social media platform Twitter; Germany emerges at the top of the table.

The European Financial Stability Facility rescue fund is ready to help Portugal if needed, Klaus Regling, the fund's president told La Tribune in an interview published online on Saturday.

The following is the Live summary of Japan nuclear facilities so far from TEPCO:

The Free Software Foundation (FSF) has awarded the Tor Project for championing Internet by protecting Anonymity in an era of social media revolutions in Middle East and the North African country Libya.