IBT Staff Reporter

The creator of

G20 finance leaders on Saturday took aim at excessive bank pay and risk-taking at the root of the financial crisis and insisted trillions of dollars of emergency economic supports would be needed for some time.

A white glove worn by the late singer Michael Jackson sold at auction for A$57,600 ($49,000) in Australia Sunday, nearly twice the price auctioneers expected, the auction house said.

Twenty-second seeded Daniela Hantuchova has lost her chance of reaching the quarterfinals after Serena Williams dominated the court and beat her 6-2, 6-0 on Sunday morning.

Wall Street's mettle will be tested this week as traders return from summer vacations to resurfacing signs of weakness after a six-month rally for stocks.

The row over Britain's relations with Libya took a new turn on Sunday as Gordon Brown denied he had shied away from pressing Tripoli to compensate families of IRA victims who say Libya supplied the guerrillas with arms.

Afghan President Hamid Karzai inched closer to a first-round victory as more results came in from an election last month marred by accusations of fraud.

Nerves remained raw in China's far western city of Urumqi, in turmoil over a wave of reported syringe attacks, and a small band of protesters again called on the region's top official to step down.

G20 finance leaders on Saturday pledged to implement reforms to global financial institutions such as World Bank and International Monetary Fund (IMF) the World Bank.

Nine hundred passengers were plucked from a sinking ferry off the Philippines on Sunday, officials said, but at least five people were killed and rescuers were scouring the waters for 63 more who were still missing.

If being pampered is your idea of the perfect vacation, an increasing number of hotels are catering for you.

Xstrata has asked its bankers to study the viability of a new 3 billion pounds ($4.90 billion) bid for platinum producer Lonmin , according to the Observer newspaper.

The iPhone is making far more cash for Apple than the Street generally believes, according to Societe Generale analyst Vicent Rech.

British bank HSBC has made a bid of about 1 billion pounds ($1.63 billion) for Dutch financial group ING's private banking businesses, according to a report in The Sunday Times.

Kai-fu Lee, Google Inc's former China chief who quit the search giant this week, said on Sunday he will launch his own business next week to fund Chinese technology start-ups.

Vietnam has freed a blogger who was recently detained over a plan to distribute anti-China T-shirts, he said on Sunday, as Communist Party chief Nong Duc Manh prepared to leave on a visit to Australia and New Zealand.

LG Electronics Inc, the world's second-biggest TV brand, expects LCD TV sales to jump nearly 50 percent next year as demand from emerging countries continues to grow robustly, a top executive said.

LG Electronics Inc , the world's second-biggest TV brand, expects its LCD TV sales to jump nearly 50 percent next year as demand from emerging countries continues robust growth, a top executive said.

The heads of the UK's largest ISPs have co-signed a letter of protest against the proposal to disconnect suspected illegal file-sharers from their broadband service, causing music groups and artists to unite in a bid to prevent the ban.

Google chose to baffle the world today. Google's latest doodle - the adapted version of its logo that appears on its homepage - today features an image of a UFO with a link to the search term unexplained phenomenon.

French oil group Total has moved expatriate staff and their families from Gabon's industry hub Port Gentil to the capital Libreville because of post-election violence, the company said on Saturday.

The U.S. central bank must resist popular pressure to keep interest rates too low as the economy recovers, according to a top Federal Reserve official.

The U.S. central bank must resist popular pressure to keep interest rates too low as the economy recovers, according to a top Federal Reserve official.

President Obama's televised prime-time addresses are becoming a tougher sell to the broadcast networks than his sweeping health care reform has been to Middle America.

Jack Ingram has taken word-of-mouth to a new level. While promoting his album

Former Kiss guitarist Ace Frehley intends

Ensco International Inc warned on Friday that its third-quarter profit would be as much as one-sixth lower than current expectations due to unexpected downtime and repairs for two of its deepwater rigs.

There are divas, and then there's Renee Fleming.

ConocoPhillips has exercised an option to buy Venezuela's state-run oil company PDVSA's 50 percent stake in Merey Sweeny LP, part owner of the Sweeny refinery in Texas, Conoco said on Friday.