By Matt Scuffham LONDON (Reuters) - Britain's biggest banks were spared a full-blown inquiry into the personal current account market after the consumer watchdog said changes already being implemented could stimulate competition in the industry.... [Full Article]
By Melanie Lee (Reuters) - Baidu Inc, China's largest search engine, will increase marketing expenditures for the rest of the year to counter competition from rival Qihoo 360 Technology, which may further put the brakes on profit growth. Baidu p... [Full Article]
NEW YORK (AP) - Safeway Inc. reported revenue for the first quarter that missed Wall Street expectations as the grocer worked to hold down prices and stay competitive. (Source: Associated Press)... [Full Article]
LONDON (Reuters) - Seven companies were named on Thursday as bidders for the superfast 4G mobile broadband radio frequencies to be auctioned off in Britain next month by industry regulator Ofcom. Existing mobile network operators EE, Vodafone, O2 own... [Full Article]
SAN FRANCISCO (Reuters) - Shares of Apple Inc slid more than 4 percent on Wednesday to a five-month low as investors grew more uncertain about its ability to fend off unprecedented competition and untangle a snarled iPhone 5 supply chain. Apple'... [Full Article]
Eleven days of top-class sport for athletes with disabilities got under way on Thursday on the first full day of the London Paralympics, with 28 gold medals up for grabs, among them cycling and swimming. (Source: AFP)... [Full Article]
Winston Gordon lit up the Olympic judo competition with a stunning throw amid a blistering start to the men's under-90kg division on Wednesday. (Source: AFP)... [Full Article]
A $10 million prize could make rooftop solar panels a much more common sight on U.S. homes and businesses. The new contest launched by the U.S. Department of Energy aims to shatter the price barrier for solar power installations before the end of 201... [Full Article]
The Cannes Film Festival has received a dose of theater in the form of French director Alain Resnais' new film. (Source: Associated Press)... [Full Article]