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Buffett charity lunch exceeds $500,000 in auction

US political risk may spur downgrade by 2014, says S&P

Obama says Europe must act as crisis threatens recovery

Slow growth data add to rate-cut pressure

Greece on the verge of blackouts

US trade deficit narrows

Dimon fires back at Senate grilling

Essar sees $35-bn sales on Prime Minister's investment pledge

US crisis wiped out 18 yrs of household gains

'BMW courts bloggers for $110-mn online boost'

Buffett invests $9.6 bn in private-jet market

Gupta loses bid to play Loeb wiretaps

EU, US criticised over bank rules weaker than Basel-III

Sales of passenger cars exceed estimates

Euro 2012 schedule avoids trading slumps

Spain aid request awaited, IMF says banks need $46 bn

Spain set to become the fourth euro-area nation to receive aid to avert a banking crisis

Treasury yields climb most in 3 months on Europe outlook

Facebook does an Apple, launches apps bazaar

'Congress must act'

Nokia to axe 10,000 jobs as CEO tries to staunch losses

No significant India impact second-quarter outlook cut, also shuts facilities and sells Vertu