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U.S. Antitrust Regulators To Investigate Google's $125 Million Copyright Settlement
Google Inc. (NASDAQ GS:GOOG) is being investigated by U.S. antitrust regulators after the search engine giant reached a $125 million settlement of copyright issues with authors and publishers.

British Airways To Cut Capacity, Trim 3,700 Jobs, Delay Planes As Traffic In June Drops
British Airways Plc (NYSE: BAY) posted another monthly drop in passenger traffic in June, forcing the Europe's third- largest airline to continue reducing capacity, delaying deliveries of Airbus 380 aircrafts, grounding planes and cutting thousands of jobs.

Teck Resources Sells 17.2% Shares To China Fund For $1.5 Billion
Canadian diversified miner Teck Resources Limited (NYSE:TCK) said Friday it sold 17.2 percent stake to State-owned China Investment Corp., helping the firm to bolster financial statements.

Credit Delinquency Rate In Canada Climbs Up To 19 Percent In May
A report released by Equifax Canada Thursday warned about the rising debt delinquency rate in Canada that has climbed up to 19 percent by end of May.

EU Approves Novo Nordisk's Drug For Type 2 Diabetes Treatment
The European Commission has granted marketing authorization to a Novo Nordisk A/S (NYSE: NVO)'s drug for the treatment of type 2 diabetes in adults, amid higher competition in the GLP-1 field.

Ericsson Wins Fixed-Broadband Access Contracts From Three Chinese Operators
Sweden's Telefon AB L.M. Ericsson (NASDAQ: ERIC) said Friday that it has won contracts to provide fixed broadband access to the three Chinese telecom operators, but did not disclose the value of the orders.

Rogue Trader May Have Spiked Oil, Raised Volumes Through Unauthorized Trades
A rogue oil trader is being charged for spiking futures prices earlier this week and costing London-based oil brokerage firm PVM Oil Futures Ltd. around $10 million (6 million pounds) after making unauthorized trades, despite increased scrutiny from regulators globally.

Asian Markets End Week On A Weak Note
Shares in Asian markets were mixed on Friday, led by commodity-related stocks, as dismal unemployment report dampened investor confidence. The markets in the U.S. are closed today for the Independence Day holiday. Traders are hoping the stocks to resume next week on a positive note.

European Markets Scramble For Profits; U.S. Markets Closed For Public Holiday
European stocks turned volatile on Friday as the markets scrambled to lock in profits with only one trading day left in the week, following a weak monthly U.S. jobs data. Analysts are hoping for the sell-off to ease down in the region as there are still some "green shoots" to provide direction along the bumpy ride to global economic recovery.

British Store Kicks Off Sale Of 'Indestructible' Mobile Handset
A British retail chain on Thursday kicked off sales of a virtually indestructible mobile phone that passed such tests as being stepped on by an elephant, roasted in an oven and dropped from a building.