IBT Staff Reporter

Heavyweight boxer Audley Harrison has announced his decision to continue boxing after being shrouded in criticism following his abysmal performance against David Haye in the WBA World Heavyweight title challenge.

Neve Campbell to divorce English actor husband

The Federal Bureau of Investigation (FBI) stormed into offices of three large hedge funds in New York, Connecticut and Massachusetts and seized documents in a string of raids that is being billed as a crackdown on insider trading by hedge funds, mutual funds and investment bankers.

The U.S. private sector employment saw the largest gain in three years in November, according to a report by ADP, but will not be sufficient to reduce the high unemployment rate plaguing the country.

European researchers have shown that the world's fastest camera - Megaframe Imager - could potentially be a powerful technology in biosensing.

Militants who orchestrated the 26/11 attacks on India might have been trying to prevent the Pakistan Government from moving its army away from the Indian border, U.S. diplomatic cables suggest. Officials in London feared that the Indians would retaliate with an increase in covert activities in Balochistan or even by bombarding militant camps in Occupied Kashmir.

India’s Supreme Court on Wednesday ordered the original tapes containing conversations between corporate lobbyist Nira Radia and others pertaining to the 2G spectrum allocation to be handed over to it in a sealed cover after industrialist and chairman of Tata group Ratan Tata moved the apex court on Monday seeking action against those involved in the leakage of tapes containing his conversation with Radia..

Congress is looking at whether a do not track law, while internet advertisers and web software companies craft a response.

Holders Manchester United were shocked by West Ham at Upton Park as the Hammers cruised to the semi-finals with a 4-0 victory against United in the quarter-finals of the English League Cup aka The Carling Cup, while Arsenal secured their spot in the semis with a 2-0 win over Wigan.

A group called “Manhattan Declaration” has written a letter to Steve Jobs to restore the “anti-gay” apps from the Apple store, the Manhattan Declaration blog said.

Researchers from NC State and IBM have discovered a way to patch a cloud-based computing system while it's offline.

After Google announced plans to launch Google Editions in 2009, the much-awaited but delayed buy anywhere read anywhere digital book distribution channel is to hit the market by the end of December.

The U.S. Government Accountability Office found several gaps in the security of wireless networks used by federal agencies and made several recommendations to enhance safety, according to a report published on Tuesday.

BP Oil Spill, FIFA World Cup, Lady Gaga, Justin Beiber, iPhone are among the top searches in 2010, according to the Yahoo's 'Year in Review' report which tallies hot searches on a variety of lists.

General Motors' South Korean unit, GM Daewoo Auto & Technology on Wednesday announced it will repay its $1 billion loan from the Korea Development Bank, ending its row with the creditor over the issue of extending the loan's maturity.

General Motors will add 1,000 engineers and researchers in Michigan over the next two years to significantly expand its vehicle electrification expertise and lead in the development of electric vehicles from hybrids to electric vehicles.

Authorities in Saudi Arabia backed Pervez Musharraf's rule in Pakistan, leaked US diplomatic cables suggest. The kingdom also reportedly worked with the former army general to have Nawaz Sharif arrested if he returned from exile.

Pakistan army wanted to bring down President Zardari, but at the same time avoid elections to avoid Nawaz Sharif taking charge, US diplomatic cables leaked by Wikileaks stated. The cable dated 12 March 2009 reported U.S. diplomat Anne W. Patterson meeting General Ashfaq Pervez Kayani, Pakistan's Chief of Army staff. The UK also expressed concerns over Zardari's leadership.

Manufacturing in the eurozone expanded in November at its fastest pace in four months, boosted by strong activity in France and Germany, while manufacturing production in the U.K. touched a 16-year high, according to a survey.

Tata Motors reported 1 per cent increase in its sales at 54,622 units sold during November compared to 54,108 units sold during the same period year ago.

General Motors India on Wednesday said its sales climbed 17.67 per cent to 8,376 units in November this year compared to 7,118 units during the same month year ago.

Union of European Football Associations (UEFA) has banned and fined Real Madrid coach Jose Mourinho after finding him guilty of improper conduct for his role in the red cards of his players Xabi Alonso and Sergio Ramos, in the recent Champions League match against Ajax Amsterdam.

Car maker Maruti Suzuki India Ltd on Wednesday reported sales of 112,554 vehicles in November, translating into a 28.18 per cent increase compared to same period year ago.

Travel company Thomas Cook posted lower annual profits as revenue fell due to a softer summer trading environment. In the UK, the tour operator said trading was even tougher than anticipated, and it expects to save between 40 million pounds and 50 million pounds mainly through reduction of over 500 managerial and support jobs.

Internet search company Google Inc on Tuesday said it has signed a deal with the European Patent Office (EPO) to use the company’s technology to translate patents into 29 European languages that will pave the way for a simplified European patent system.

Toyota Motors has filed a law suit for damages against General Motors Co.'s against bankruptcy estate over the closure of their joint manufacturing plant in California.

Even as the Obama administration is encouraging the use of natural gas to reduce dependence on foreign oil, the government is contemplating new laws compelling energy companies to reveal information about the chemicals used in the extraction process.

British software maker Sage Group said it saw a return to organic revenue growth in the second half and improving market for its services. The company, which added 252,000 customers in the year, said support contract renewals were maintained at 81 percent.

Online group discount website Groupon said on Wednesday that it has acquired three deal websites in Asia, expanding the company's reach across East and Southeast Asia.