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Tens of thousands of stranded Qantas Airways passengers worldwide scrambled to reach their destinations Sunday after the airline abruptly grounded its global fleet over a dispute with striking workers. Australia’s government sought a court order to force the flagship carrier’s planes back in the air.
Australian officials expressed frustration over the sudden action by the world’s […]

SEOUL

LM Ericsson AB will sell its 50 percent stake in mobile phone maker Sony Ericsson to Sony Corp. for euro1.05 billion ($1.46 billion) in cash, the Swedish wireless equipment firm said Thursday.
Ericsson said Sony Ericsson will become a wholly owned subsidiary of Sony and integrated into Sony’s broad platform of network-connected consumer electronics products.
The transaction […]

OTTAWA

China urged ally North Korea to improve its strained ties with longtime foes the United States and South Korea, state media reported Monday, as U.S. and North Korean diplomats prepared to talk about restarting negotiations on Pyongyang’s nuclear programs.
On a visit to North Korea, Chinese Vice Premier Li Keqiang told North Korean Premier Choe Yong […]

British lawmaker Tom Watson grilled News Corp. chief Rupert Murdoch about covert surveillance techniques by company employees as News Corp. held its first shareholders meeting following a phone-hacking scandal.
More than 100 people demonstrated Friday outside the lot of News Corp.’s Fox Studios.
Watson asked Murdoch whether he was aware that a person who had left prison […]

British lawmaker Tom Watson plans to detail new findings of covert surveillance techniques employed by News Corp. that go “beyond phone hacking.”
Watson said the revelations planned at the company’s annual shareholders meeting Friday “will leave the company liable to civil liability but also huge reputational harm.”
News Corp. officials declined to comment.
Watson has spearheaded a 2 […]

Stocks slid in early trading Tuesday after disappointing corporate earnings reports and concerns that France and Germany may not reach an agreement to provide additional support for Greece.
Moody’s also warned late Monday that it may downgrade France’s top-notch credit rating in the next three months. On Tuesday, that country’s finance minister said that the French […]

A gathering of protesters in Toronto

The Occupy Wall Street protests are hitting a nerve.
A dearth of jobs, overwhelming student loans and soaring health-care costs are just three major issues protesters have targeted. And regardless of politics, economic data suggests they’re not alone in their frustrations.
It may be why the protests have spread to other cities _ including Boston, Cincinnati, Seattle […]