IBT Staff Reporter

John Hurley, the governor of Ireland's central bank and a member of the European Central Bank's Governing Council, will retire from the positions on September 25, his spokesman said on Saturday.

In compiling Travel + Leisure’s fourth annual It List, our editors once again visited hundreds of new hotels around the globe. What makes 2009 different? Properties closer to home really caught our attention: there are a record number in the United States alone.

Thousands of red shirt supporters of ousted Thai prime minister Thaksin Shinawatra rallied in Bangkok on Saturday in their biggest protest since violent street clashes two months ago.

NATO and Russia on Saturday re-launched formal cooperation on security threats, an alliance official said after their first high-level talks since falling out over the Georgia war last year.

The body of Michael Jackson has been released to his family for burial, a Los Angeles County coroner's spokesman said on Saturday, after an autopsy failed to immediately determine what killed the troubled pop star.

Bank of New York Mellon Corp will have further writedowns as a result of the securitized mortgages it still has on its books, the bank's chief executive was quoted as saying on Saturday.

Porsche accused Volkswagen and its key shareholder Lower Saxony of extortion following a magazine report that VW and the regional state had demanded Porsche accept a tie-up of the two carmakers with VW in charge.

The remaining tickets not claimed for the Virgin Mobile Festival and tickets can now be found free at www.ticketmaster.com after starting at 10am this morning.

Sanofi-Aventis's diabetes drug Lantus may increase the risk of cancer, according to European studies involving some 300,000 insulin-treated patients, prompting a call from experts for more research.

Sony on Friday named Kunimasa Suzuki as the new head the Strategy Planning and Product Planning divisions of SCEI, and will report and assist Kaz Hirai in managing the operations of the PlayStation in overall business.

Worldwide sales of network switch, routers took a major plunge of 23 percent in the first quarter to 27 percent in a year-over-year of 2009, according to Heavy Reading’s Carrier Ethernet Switch/Router Quarterly Market Tracker on Friday.

An autopsy was performed on Friday on Michael Jackson’s body however the exact cause of death still remains a mystery.

The cause of Michael Jackson's death will not be known for up to six weeks after the medical examiner has ordered for additional testing to determine the possible involvement of drugs in the stars’ death.

Monday morning's sentencing in Manhattan of Bernard Madoff – convicted of a $63 billion Ponzi scheme – can only be seen in person due to a court ordered video and recording blackout.

Iran has banned an ally of the country's opposition leader Mirhossein Mousavi from leaving the Islamic state, the official IRNA news agency reported on Saturday.

Not only is the brutal recession driving more Americans into McDonald's for a cheap meal, but it has also dulled their appetite for McMansions.

If you look at the banking sector response to this crisis, it appears that the further east you go, the more demanding your typical lender becomes, said Mike Sales, the London-based head of property at Henderson Global Investors.

An 84-year-old man escaped with only minor injuries after he spent four days trapped in a well shaft on his remote property on Canada's Pacific Coast, police said.

Ruth Madoff, the wife of epic swindler Bernard Madoff who reaped billions and a lavish family lifestyle, will be left with $2.5 million and have to look for a new home as she forfeits claim to some $80 million in assets.

A Polish couple living in Germany fell out after tying the knot and decided to end their marriage on the same day.

A fight broke out on a Florida bus when news of Michael Jackson's death sparked debate over whether he should be remembered as a great musical talent, and one passenger was charged with assault, police said on Friday.

A sweeping U.S. credit card law will mean sharply lower revenue for issuers and may force some out of business, but some of the market leaders could end up even stronger.

Iraq's Prime Minister Nuri al-Maliki said Saturday that the withdrawal of U.S. combat forces from Iraqi cities at the end of June showed Iraq can handle its own security, despite a wave of bombings this week.

Sony Corp is considering developing a cellphone-game gear hybrid in a bid to better compete with Apple Inc's highly popular iPod and iPhone, the Nikkei business daily said on Saturday.

Angry Nortel creditors and suppliers filed objections against the ongoing deal of Nortel with Nokia Siemens Networks to sell some of its unit.

Microsoft Windows 7 pre order starts June 26 until July 11th in the United States and Canada. Japan is also included on the list for June 26th pre order release but will end earlier on July 5TH or while supplies last.

U.S. commercial banks reported record trading revenue in the first quarter of 2009, benefiting from wide trading margins and gains from interest rate products, the Office of the Comptroller of the Currency said on Friday.

June 27 marks National HIV Testing Day, an annual campaign coordinated by the National Association of People with AIDS to encourage people of all ages to “Take the Test, Take Control.”

For stock investors, June's job report could be a make-or-break factor next week in determining whether the recent rally has legs or not.