IBT Staff Reporter

The United Kingdom Supreme Court has ruled that text-based communications such as posting on micro-blogging service Twitter will be allowed in court hearings.

LVMH, the world's biggest luxury group, beat forecasts with a 13 percent rise in fourth-quarter comparable sales, boosted by a strong Christmas, and raised its dividend 27 percent on the back of a record year.

India's efforts to calm inflation by allowing easier imports and restricting exports of key foodstuffs are disappointing farmers who are keen to exploit global high prices and say structural reforms are the way ahead.

The government has resolved a month-long payments dispute with Iran over oil shipments, a source at the oil ministry said on Thursday, by allowing a domestic bank to handle payments in euros with a Germany-based counterpart.

The question that is plaguing everyone's mind is if NASA will let astronaut Mark Kelly, the husband of U.S. Rep. Gabrielle Giffords who was wounded in the January shooting, command the upcoming flight of the space shuttle Endeavour.

World number two truck maker Volvo posted a smaller-than-expected rise in fourth-quarter earnings on Friday, hit by problems as output was ramped up, but raised its market outlook for its main markets.

Employment probably shifted into a higher gear in January to post a fourth straight month of gains, offering more evidence of a broadening economic recovery, though the jobless rate likely rose.

Pharma major GlaxoSmithKline Plc posted a quarterly loss hit by a massive charge to settle further litigation related to its diabetes drug Avandia, but the company raised its dividend and said it would resume its share buyback program.

Director of the German Academic Exchange Service (DAAD) in Cairo tells Nature magazine that it would perhaps be in the interest of scientific pursuit in the country if Minister of Higher Education and Scientific Research Hany Helal continues to remain in office.

An anonymous tweeter has chosen to take the funny path with a spoof Twitter account called KennethColePR, to poke fun at the designer Kenneth Cole for his tweet on Cairo, Egypt.

Refiles to correct spelling of executive's name to Curran throughout

A monthly gauge of online labor demand in the United States rose 7.0 percent in January compared to the same month a year ago, despite a decline the government employment.

Japanese shares rose on Friday, lifted by news of a mega merger in the steel sector, while a rebounding dollar put a slight dent in a commodities rally that saw copper hit a record $10,000 a tonne in the previous session.

Executives at UBS AG are concerned that pending bonuses will be inadequate to retain top talent at the Swiss bank, one of the hardest hit during the financial crisis, the Wall Street Journal reported on Thursday.

Employment probably shifted into a higher gear in January to post a fourth straight month of gains, offering more evidence of a broadening economic recovery, though the jobless rate likely rose.

Calpers, the biggest U.S. public pension fund, said on Thursday it is seeking shareowner support for its proposal to require a majority vote to elect unopposed candidates to the board of Apple Inc.

Federal Reserve Chairman Ben Bernanke on Thursday issued a stern warning to Republican lawmakers that delays in raising the United States' $14.3 trillion debt limit could have catastrophic consequences.

The U.S. Securities and Exchange Commission said on Thursday it has charged six former consultants and employees of California expert network firm Primary Global Research with insider trading.

Calpers, the biggest U.S. public pension fund, said on Thursday it is seeking shareowner support for its proposal to require a majority vote to elect unopposed candidates to the board of Apple Inc.

Thirty years after the first Internet addresses were created, the supply of addresses officially ran dry on Thursday.

Financial Times Chief Executive John Ridding said that Apple Inc's iPad and other mobile devices are driving 20 percent of the newspaper's new online subscriptions.

Federal Reserve Chairman Ben Bernanke on Thursday issued a stern warning to Republican lawmakers that delays in raising the United States' $14.3 trillion debt limit could have catastrophic consequences.

Verizon Wireless warned customers it may clamp down on heavy users of its wireless data services before an anticipated deluge of Apple Inc iPhone customers.

Canada's telecoms regulator will reconsider its own ruling that would have effectively stopped small Internet providers from offering unlimited downloads, taking a step back under pressure from the government.

Microsoft Corp on Thursday sold $2.25 billion of bonds at close to record low borrowing levels as it looks for cheap ways of raising cash to fund its share buybacks and dividend payouts.

A former regional supervisor charged with leading the investigation in to money manager Westridge Capital was surfing porn on his office computer, according to an SEC document.

Dow Chemical Co plans to pass along higher energy prices to its customers in 2011, as strong demand for some products and fixed-cost Middle East supplies set it apart from rivals.

JPMorgan Chase & Co executives were concerned that Bernard Madoff was running a Ponzi scheme, but they silently stood by for years to protect the bank's investments, the trustee for Madoff's investors said.

(In the first paragraph adds and other mobile devices, and in the second paragraph changes to 480,000 downloads, not the 600,000 sent earlier)