By ROBERT BARRAssociated Press
LONDON (AP) - The BBC paid its former director-general $772,000 after only 54 days at the helm because it was the only viable way to get him to leave in the wake of the broadcaster's sex abuse scandal, the chairman of its governing body said Tuesday.
By MARTIN CRUTSINGERAP Economics Writer
WASHINGTON (AP) - U.S. companies in October increased their orders of machinery and equipment that signal investment plans by the largest amount in five months, a hopeful sign for future economic growth.
Orders for core capital goods, considered a proxy
OMAHA, Neb. (AP) - ConAgra Foods is buying the private-label food maker Ralcorp for about $5 billion, which will make it North America's biggest manufacturer of cereals, crackers and other packaged foods sold under store brands.
The deal caps a year of acquisitions for ConAgra, which makes
JERUSALEM (AP) - Israeli regulators say one of the country's wealthiest businessmen has been questioned on suspicion of securities fraud.
IDB Holding Corp. notified the Tel Aviv Stock Exchange on Tuesday that its chairman, Nochi Dankner, was questioned about the alleged offenses. Dankner said
BERLIN (AP) - Google is launching a new campaign in Germany to protest against possible copyright restrictions being discussed in the country's Parliament.
The "Defend Your Web" campaign started Tuesday seeks to mobilize Google users against plans to introduce a so-called "Google Tax". The levy
By ANGELA CHARLTONAssociated Press
PARIS (AP) - The global economy could easily slide back into recession if its major problems - like U.S. budget standoffs and Europe's lack of jobs - are left to fester, a leading international economic body said Tuesday.
In its half-yearly update, the
STOCKHOLM (AP) - Swedish wireless equipment maker LM Ericsson has filed a lawsuit in the United States against Samsung Electronics Co. for infringing its patents, saying two years of negotiations to strike a deal with the South Korean company have been unsuccessful.
Ericsson says the lawsuit
By NICHOLAS PAPHITIS and PAN PYLASAssociated Press
ATHENS, Greece (AP) - European and global financial leaders have agreed to release €44 billion ($57 billion) in critical loans to Greece and provide billions in additional debt relief in order to help the country stabilize its ailing economy.
By PETER ENAVAssociated Press
TAIPEI, Taiwan (AP) - Asian media mogul Jimmy Lai's sale of his Taiwan holdings to a Taiwanese group that includes an outspoken, pro-China businessman has sparked protests in Taipei as fears grow it will rein in a source of lively, independent reporting on the
By KELVIN CHANAP Business Writer
HONG KONG (AP) - Investors looking for new places to park their cash in Hong Kong are driving up prices for parking spaces, sparking fears of a bubble in the Asian financial center.
Prices for parking spots in Hong Kong are nearing historic highs, the side