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UK banks cut 189,000 jobs with employment at 9-yr low

Valeant to buy Bausch & Lomb for $4.5-bn cash

Valeant also will spend $4.2 bn to repay Bausch & Lomb's debt, bringing the total value to $8.7 bn

Merkel vows to avert China trade row as Li rejects EU duties

Apple's iPhone distribution still examined by EU regulator

News Corp says will write down print division as cash flow slows

The writedown comes as New York-based News Corp prepares to break off its publishing assets from its entertainment operations

Fox reality chief Darnell exits after American Idol loses ratings crown

Visa, MasterCard sue interchange-fee settlement dropouts

Ask US court to declare card fees are lawful

German first-quarter growth dampened by construction, investment

KKR, Silver Lake vie for Hulu with Yahoo!

P&G's ex-CEO Lafley to replace McDonald

Rupee completes third weekly drop on Fed stimulus outlook

Lenovo Q4 profit gains 90%

Net income climbed to $126.9 mn in the three months ended March, from $66.8 mn a year earlier

HP jumps after forecast beats estimates on Whitman's cuts

Earnings excluding some items will be 84 cents to 87 cents a share in the period through July

Sugar imports could jump

Google joins Apple in avoiding taxes with stateless income

AirAsia first-quarter profit declines

'Microsoft to add several thousand workers in China'

Apollo scrip beats KKR, Carlyle in risk-less return ranking

Wheat exports to dip as farmers hoard harvest

Shipments might fall to about 1.5 mn tonnes in the year that began on April 1

Rajat Gupta challenges insider conviction, US use of wiretaps

Gupta has already been handed one victory from the 2nd Circuit Court of Appeals, which will hear today's arguments