Days after being rebuked by shareholders, Citigroup Inc chief executive Vikram Pandit and the bank's directors have been sued by a shareholder accusing them of awarding outsized pay to top executives.

Labour groups at bankrupt American Airlines said on Friday they support a potential merger with rival US Airways Group Inc in a deal they say would save more jobs than a plan by parent AMR Corp to reo

South Sudan said on Friday it would withdraw its troops from the disputed Heglig oil region more than a week after seizing it from Sudan, pulling the countries back from the brink of a full-blown war.

Google Inc's former chief executive Eric Schmidt received a bump in his annual salary to $1.25 million from the $1 he received in the previous year, after he became the executive chairman of the compa

Rich Ross resigned under pressure as chairman of Walt Disney Co's movie studio after a less than three-year run that included the release of 'John Carter', one of the biggest flops in recent Hollywood

Energy conglomerate Reliance Industries Ltd reported its second consecutive quarterly drop in profit, hurt by weak refining margins and declining gas output from its offshore fields.

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Bahrain was under tight security on Saturday after violent clashes between police and anti-government protesters overshadowed this weekend's Formula One Grand Prix race meeting in the Gulf state.

The

West Indies coach Ottis Gibson has been fined by the International Cricket Council (ICC) after comments made about the decision review system (DRS) during the second test against Australia.

The curre

Vodafone has got four more days to decide whether to bid for British group Cable & Wireless Worldwide after talks failed to result in a deal before Thursday's deadline, the corporate telecoms provider

India's economy will pick up in 2012, although more gradually than previously thought, while average inflation will be slower, giving the Reserve Bank room to cut rates by another 50 basis points duri