General Motors wants deeper cuts at its European subsidiary Opel after what are expected to be "horrendous" fourth quarter results, the Wall Street Journal said Wednesday, quoting a GM official.   more

Yahoo! on Tuesday announced a boardroom shakeup to breathe fresh life into a pioneering Internet firm that has been struggling to re-invent itself and appease disappointed investors.   more

Office rents in Beijing are more expensive than New York after rising 75 percent last year as China's rapid economic growth sparked strong demand, an international real estate company said.   more

The world's biggest miner, BHP Billiton, said Wednesday the planned blockbuster merger between Glencore and Xstrata would not impact on its strategy.   more

Finance minister George Osborne has vowed to fight an "anti-business culture" in Britain, warning that a row over executive pay and bonuses threatens the country's fragile economic recovery.   more

Global mining giant BHP Billiton on Wednesday posted a 5.5 percent fall in first-half profits to US$9.94 billion, largely due to volatility in commodity prices which it expects to persist.   more

Federal Reserve Chairman Ben Bernanke reiterated his concerns about high levels of US unemployment Tuesday, just days after a surprisingly large drop in the jobless rate caused cheer.   more

French flag-carrier Air France expects to have to cancel around 40 percent of its long-haul flights and 30 percent of shorter journeys on Wednesday, it said, half-way through a four-day strike.   more

Greeks angered at wage and pension cuts being imposed on their country burned a German flag on Tuesday, with government talks on approving the terms of the bailout dragging into another day.   more

Credit rating agency Standard and Poor's on Wednesday lowered its rating of Japanese electronics and entertainment giant Sony less than a week after the company announced woeful results.   more

Investors have come down with Facebook fever after the social networking titan filed to go public and seek to raise $5 billion in the largest flotation ever by an Internet company on Wall Street.   more

Social networking titan Facebook filed to go public, seeking to raise $5 billion in the largest flotation ever by an Internet company on Wall Street.   more

As Facebook goes public, Silicon Valley is buzzing in anticipation of the "instant millionaires" that may soon be looking for ways to spend their newfound wealth.   more

Facebook will set a target of raising $5 billion in papers to be filed on Wednesday for an initial public offering, according to reports on Tuesday.   more

Facebook may file papers for an initial public offering next week that would value the social network at up to $100 billion, The Wall Street Journal reported Friday.   more