Reuters - Italy's Pirelli sold its Telecom Italia interest on Saturday to Spain's Telefonica and a group of Italian banks that will have majority control, ensuring the phone group remains in domestic hands.

The decision to halt a fraud inquiry into a Saudi arms deal may have damaged Britain's reputation, MPs warn.

The fortunes of Britain's wealthiest 1,000 people rises by 20%, the Sunday Times Rich List 2007 reveals.

Telecom Italia will stay in European hands after a group led by Telefonica agrees to buy control for 4.1bn euros.

A court defers until Thursday a key decision on whether ABN Amro, subject of a bid battle, can sell its US arm.

Help the Aged is to sell financial products to the 'grey market' in a move pitting it against the likes of Saga.

The Royal Bank of Scotland is to charge credit card customers if they fail to notify it of a change of address.

The decision to halt a fraud inquiry into a Saudi arms deal may have damaged Britain's reputation, MPs warn.

The fortunes of Britain's wealthiest 1,000 people rises by 20%, the Sunday Times Rich List 2007 reveals.

Reuters - Two U.S. mining giants won battles over their reputations last week in the industry's balancing act between profits and sensitivity to the environment and communities in developing countries.

The availability of wiretapping technology over the Internet has created a pool of amateur eavesdroppers.

Reuters - There is the potential for a downturn in the U.S. economy that could have ripple effects around the world, San Francisco Federal Reserve President Janet Yellen said on Saturday.

Reuters - Manhattan real estate broker Dennis Mangone is in a position many in his profession would envy: clients are rushing to buy as Wall Street money piles into the upper reaches of the island's housing market.

The deal will allow Telefónica to expand into the Italian market and extend its presence in Latin America.

Powerful new mobile devices are allowing people to send round-the-clock updates about their vacations, their moods or their latest haircut.

Pfizer has always straddled a line marketing Viagra, insisting that the drug treats a serious medical condition while promoting it with wink-and-a-nod ads.

Sony Television is retooling old series like ?Charlie?s Angels? into episodes of under six minutes.

The Times-Picayune of New Orleans has become a beacon of tough questions, vigorous reporting and high-quality, relentlessly local coverage.

A deal may ensure an Italian face remains on Telecom Italia.

?Hostel: Part II,? a film about the torture killing of college students, is emerging as a test of continued audience enthusiasm for such onscreen brutality.

Web sites that let users catalog their possessions are attracting customers, but can they make money?

Houghton Mifflin created the Define-a-Thon, which asks contestants to match words to definitions (and gives them a helpful list of words to choose from).

Matthew Lee is the only blogger at the United Nations with media credentials, entitling him to free office space and access to briefings and press conferences.

Money is flowing into alternative energy companies so fast that ?the warning signs of a bubble are appearing,? according to a report on investment in clean technology.

First come the renovated condominiums, the latte bars and the expensive baby strollers. Next, apparently, come the bloggers.

The pop culture magazine Radar has accused a Chilean magazine of plagiarizing its article ?Toxic Bachelors,? and would like to see some compensation.

The News Corporation last week pledged $5 million to fight poverty in Africa and the United States, but some bloggers wondered why it didn?t open its wallet a bit more.

A glossy new lifestyle magazine, Garden & Gun, raised eyebrows as its premiere issue arrived on newsstands just days before the shootings at Virginia Tech.

Shows with content that can be quickly eclipsed by the news, broadly speaking, do not do well in DVR playback.

As more people listen to the radio over the Internet, radio stations have been looking to generate new advertising revenue from the medium.

For the second time this month, China has ordered banks to hold more of their deposits in reserve to prevent credit and investment growth from destabilizing the economy.

Mark Halperin, a pioneer of online reporting who founded ABCnews.com?s political memo, The Note, will join Time as an editor-at-large and senior policy analyst.

Yahoo plans to acquire Right Media, a privately held company that runs an advertising marketplace, in part to bolster its position as a seller and broker of ads.

Four states have joined forces with Google to make information from their Web sites more directly accessible through Internet searches.

Reuters - BCE Inc. , Canada's top telecommunications company, said on Sunday it expects to complete a review in the third quarter of strategic alternatives that include potential privatization.

AFP - China's central bank on Sunday ordered major commercial banks to set aside more money in reserves in an effort to slow its economy after higher-than-expected first-quarter growth figures.

Animal feed produced in China has been regularly supplemented with a cheap additive that is at the center of a pet food recall.

Reuters - A consortium bidding for Australia's Qantas Airways Ltd. on Monday stepped up pressure on investors to accept its A$11 billion ($9.1 billion) offer, which will lapse it fails to secure 50 percent support by Friday.