US support efforts for Cyprus settlement

US State Department Spokesman Sean McCormack said the US support the efforts of the two sides in Cyprus to reach an agreement on the Cyprus problem, adding that the US support a

Asian stocks fall on Lehman fears; oil gains

Asian shares fell about 1% and U.S. Treasuries dipped on Wednesday on fears about Lehman Brothers' ability to raise capital, demonstrating Washington's bailout of Fannie Mae and Freddie Mac this week had

MySpace ad business ahead of target: News Corp

News Corp's MySpace advertising business is operating ahead of expectations and its digital ad business is performing better than the marketplace, the company's chief operating officer said on Tuesday. Rupert Murdoch's international