A South Korean space rocket carrying a scientific satellite exploded two minutes into its flight in the second failure in two tries to put a payload in orbit, dealing a major setback to the country’s space programme.

British energy giant BP Plc’s stock price plunged to a 14-year low in US trading on Wednesday amid concerns over its ability to meet mounting costs of the giant Gulf of Mexico oil spill.

Yahoo Inc said it signed British soccer star David Beckham as a brand ambassador ahead of the World Cup tournament in a move to draw more users to the online media company’s products.

Want to lunch with legendary investor Mr Warren Buffett? All it takes is a few mouse clicks on online market place eBay, though you should be prepared to shell out thousands of dollars for an invite.

Renewed worries about European sovereign debt, this time Britain’s, knocked equities back on Tuesday and ate into early euro gains against the dollar. Europe’s FTSEurofirst 300 was down 0.9 per cent, giving up an early rise.

Portugal winger Nani was ruled out of the World Cup on Tuesday with a left shoulder injury, the Portugal Football Federation said in a statement.
“After tests we conclude he is unfit to participate in the World Cup,” it said. Nani picked up the injury in training on Friday in Lisbon before flying to South Africa.

Phone on Monday that goes on sale in scores of countries this year, preparing its fastest-ever global roll-out to try and stay a step ahead of rivals like Google Inc in a red-hot smartphone market.

The former head of Afghanistan’s intelligence service quit after seeing himself as an obstacle to President Hamid Karzai’s plan to reach out to insurgents for talks, he said on Monday, a day after his

United States President Barack Obama said he wanted to know “whose ass to kick” over the Gulf of Mexico oil spill, adding to the pressure on energy giant BP Plc as it sought to capture more of the lea

Canadian-born rock singer Alanis Morissette has secretly married her boyfriend, a rapper she started dating in 2009, she announced on Monday.