IBT Staff Reporter

Compromising pictures of Italian Prime Minister Silvilo Berlusconi are on sale for 1 million pounds.

One-day 50-overs cricket returns to its spiritual and financial home next week when India, Bangladesh and Sri Lanka host the World Cup after a 15-year gap.

U.S. defence contractor Northrop Grumman expects India to seal a deal to spend $11 billion on new fighter jets by the end of this year, as it supplies fuselage and radars to manufacturers bidding for the order, an executive said on Monday.

Toyota Motor Corp <7203.T> reported a 47.6 percent drop in quarterly profit, hit by tanking Japanese car sales and a firm yen, highlighting its damaging exposure to the loss-making export business.

India is probing two new cases involving the allocation of telecoms spectrum, increasing the pressure on Prime Minister Manmohan Singh's government already hit by a telecoms graft scandal, local media reported on Tuesday.

Most Asian share markets struggled for traction on Tuesday, but Japan's Nikkei hit a fresh 9-month high and Australian stocks rose as hopes of a sustained recovery for the rich world encouraged investors to switch funds from emerging to developed markets.

Asian shares struggled for traction on Tuesday, despite gains on Wall Street, but Japan's Nikkei touched a 9-month high as hopes of a sustained economic recovery for the rich world encouraged investors to switch funds from emerging to developed markets.

Sprint Nextel Corp plans to sell a Kyocera Corp <6971.T> phone with two screens and Google Inc operating software, as a way to stand out in a crowded U.S. smartphone field where Apple Inc gets much of the consumer attention.

A robotic, bat-winged jet resembling a miniature B-2 stealth bomber achieved successful first flight on Monday at Edwards Air Force Base in California.

Google Inc executive Wael Ghonim, who was released in Cairo on Monday, said he was kept blindfolded for two weeks while being detained by Egyptian state security.

Toyota Motor Corp <7203.T> is expected to report a huge drop in quarterly profits on Tuesday hit by tanking Japanese car sales and a firm yen, highlighting its damaging exposure to the loss-making export business.

Toyota Motor Corp <7203.T> is expected to report a huge drop in quarterly profits on Tuesday hit by tanking Japanese car sales and a firm yen, highlighting its damaging exposure to the loss-making export business.

Gerson Lehrman Group, the largest so-called expert network firm, has been hit by a series of top-level executive departures in recent weeks, according to three sources familiar with the company.

Regulators began their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, and warned firms they would seek to counter attempts to circumvent the reforms.

The chief executives of 14 defense companies urged Congress on Monday to pass a defense spending bill for fiscal 2011 instead of extending the current stopgap measure that keeps funding at 2010 levels.

Hyundai Motor Co <005380.KS> plans to hold the line on adding U.S. dealers even as it eyes a roughly 10 percent jump in sales this year, executives said on Monday.

Google Inc executive Wael Ghonim, who went missing in Cairo, has been released and is headed home, a family member told Reuters on Monday.

Consumer credit surged in December as shoppers boosted their credit-card debt for the first time in more than two years, supporting views economic activity was gathering momentum.

Intel Corp resumed shipments of a flawed chipset for use with its new cutting-edge processors, responding to demands from PC makers who will use the chips selectively.

Former Morgan Stanley Smith Barney financial adviser Alan Harter has launched a new firm, Pactolus Private Wealth Management, targeting families and people with at least $25 million to invest.

Regulators began their most forceful attempt yet to clamp down on bank bonuses since the 2007-2009 financial crisis, and warned firms they would seek to counter attempts to circumvent the reforms.

Gold prices inched up on Monday, underpinned by inflation concerns, but a more optimistic economic outlook and worries about interest rate hikes kept bullion from rising further.

Oscar organizers rolled out the digital red carpet on Monday, unveiling their slogan you're invited for the upcoming film honors, detailing a Web-friendly show and inviting the nominees' mothers to tweet on Hollywood's big night.

United Continental Holdings on Monday said it would cut up to 500 jobs at the Houston headquarters of Continental Airlines, which merged last year with United Airlines.

Intel Corp said it expects to begin shipping new chipsets sooner than expected in mid-February for use with its Sandy Bridge processors following a design defect found last month.

Texas Instruments announced plans for a chip on Monday that it said will give users more versatility in how they use their cellphones, helping it to compete better with rivals including Qualcomm Inc and Nvidia.

It's the $1.2 billion question: What is Hewlett-Packard's new Palm unit cooking up for tablet computers?

Ensco Plc plans to buy rival Pride International Inc for about $7.3 billion in a deal that would create the world's second-largest offshore oil and gas driller.

Regulators on Monday are expected to make their most forceful attempt yet to clamp down bank bonuses since the 2007-2009 financial crisis, but the proposals pale in comparison to harsher restrictions already set in Europe.