IBT Staff Reporter

Oil extended its rally above $91 a barrel on Monday on optimism the global economic rebound is gathering momentum, which could drive demand growth and send prices above $100 later this year.

Nintendo Co has warned children six years old or younger should not play games in 3D mode on a new 3D-capable handheld game player slated for an early 2011 debut, citing possible health risks.

Hyundai Motor Group <005380.KS> and its affiliate Kia Motors <000270.KS> aim to boost vehicle sales by 10 percent this year after robust December sales, as the sector shows a gradual recovery, led by China and the United States. Hyundai Motor shares rose 2 percent on Monday, while shares in Kia Motors jumped 3.75 percent in a broader market <.KS11> up 0.9 percent, with Hyundai ex...

Book distributor Rowman & Littlefield Publishing Group Inc temporarily stopped shipping books to Borders Group Inc after the bookstore chain said it would delay payments to some vendors, The Wall Street Journal reported on Sunday.

Google Inc has approached several magazine publishers about creating a digital newsstand, in a move that could open a new front in the Internet company's rivalry with Apple Inc, according to a news report.

Some 125,000 attendees descending on the annual tech gadget confab in Las Vegas this week can be forgiven for feeling as if they have traveled back in time.

Online travel agency Expedia Inc has dropped tickets for American Airlines from its listings, charging that the airline's new commercial strategy is anti-consumer and anti-choice.

The entire precious metals complex had a stellar run in 2010, led by palladium's 97 percent rise and Silver's 83 percent gain. Gold yielded investors a 29.7 percent profit in 2010, the tenth consecutive annual gain in a row.

A cracking Saturday in the English Premier league saw all the top four record wins while West Ham climbed out of relegation for the first time in the season. Here's a round-up of all the action.

He is impressed with her star power and wants CAA to represent her

The Indian information technology industry is cautiously optimistic for 2011 after a tumultuous 2010 due to the continued economic uncertainty in Europe and the US.

She passed up the offer to perform with the band at the 2012 London Olympics

Wikipedia Foundation managed to collect $16 million in its 10 the year in the holiday season, its best show this far

Wall Street strategists are bullish about the market's prospects in 2011, expecting stocks to rise an average of 10 percent, with big-cap shares like Exxon Mobil Corp , Wal-Mart Stores Inc and Pfizer Inc leading the way, Barron's reported on Sunday.

Egyptian police have detained at least 17 people suspected of their involvement in church attacks that killed 21 people on New Year's Eve. No extremists outfit has so far claimed responsibility for the blasts. Two explosions targeting more than 1000 worshipers who gathered to mark the New Year in the Sidi Bechr district, rocked the northern port city of Alexandria on Friday.

Apple Inc got a wake-up call on Sunday, as iPhone users complained the New Year got off to a slow start because built-in alarms on their phones failed to wake them.

U.S. private employers have recorded 11 consecutive months of job gains, yet the number of people who are so discouraged that they have given up searching for work stands at an all-time high.

Iran's Revolutionary Guards have shot down two Western spy drones in the Gulf, the local media reported on Sunday.

Standard & Poor's says the semiconductor industry will face slower growth in 2011.

Predictions are, by their nature, uncertain. Politics is, as history teaches, full of surprises. So predictions about politics have to be taken with a good amount of salt.

Swiss government plans for tougher capital standards for big Swiss banks would help reduce the chance of another crisis, the Swiss central banks' vice chairman wrote on Sunday in a newspaper.

A bout of profit taking seems likely early in the new year after the S&P 500 ended its best December in almost two decades, but stocks may have further to run at the start of 2011.

Another iPhone alarm glitch ticks off users at the start of New Year. Apple has confirmed iOS bug and says it will get fixed by Jan. 3, 2011.

Russian oil output rose by 2.2 percent in 2010 to a record 10.1 million barrels per day (505.193 million tonnes) as higher prices prompted the world's top oil exporter to ramp up production at its greenfield sites.

Chinese Premier Wen Jiabao vowed again to step up efforts to keep consumer inflation in check in 2011, state media reported on Sunday.

Korea Asset Management Corporation will buy about 5 trillion won ($4.38 billion) worth of bad loans from financial institutions and assets from companies under restructuring this year, local media said on Sunday.

Facebook has dethroned Google as the top-visited Web sites in 2010, as well as the most searched term of the year, a report says. Into 2011, it is to be seen whether the search engine giant can regain ground.

January 1 marks the first day that students can file the Free Application for Federal Student Aid (FAFSA) for the coming academic year.

Coptic Christians took to the streets in Egypt following the New Year's eve attack and clashed with Muslims. Police were mobilized to control the mobs firing tear gas shells. After midnight on Saturday, an explosion outside a church in the northern port city of Alexandria killed at least 17 people. Meanwhile, Egypt's President, Hosni Mubarak said he would cut off the head of terrorism. Wicked terrorists targeted the nation, Copts and Muslims, the President said in his address to th...