Los Angeles Lakers owner Jerry Buss dies at 80

Jerry Buss, who parlayed a $1,000 real estate investment into ownership of the Los Angeles Lakers, winning 10 National Basketball Association championships and making the team one of the most glamorous in

Nestle finds horsemeat in beef pasta meals

Nestle, the world's biggest food company, has removed beef pasta meals from sale in Italy and Spain after finding traces of horse DNA. The discovery of horsemeat in products labelled as beef

European shares set to inch up

Philippine and Australian shares scaled new heights on Tuesday but other Asian shares were mixed, with worries about the risk of an inconclusive outcome in Italy's election and about U.S. budget talks

Cypriot candidates woo kingmaker for election run-off

– Conservative Anastasiades short of outright majority  – Run-off against Communist-backed Malas on Feb. 24 – Kingmaker Lillikas suspicious of terms for any bailout – Financial crash could reignite euro zone crisis  –