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Rich nations oppose new biodiversity fund

Creating a new global fund for biodiversity—a core demand of developing countries at UN talks in Montreal—"would take years" and be less effective than reforming existing financial mechanisms, Canada's environment minister ...

Yahoo-Verizon deal set to close June 13

Yahoo shareholders voted Thursday to back the sale of the company's internet business to Verizon, clearing the way for the deal to close June 13.

Level 3 to boost backbone with $7.3 bn deal

US telecom operator Level 3 Communications announced plans Monday to buy Internet business provider TW Telecom in a deal worth $7.3 billion, including debt.

Amazon, Simon & Schuster sign book retail deal

Amazon has reached a deal with American book publisher Simon & Schuster, the companies said, though the e-commerce giant remains at loggerheads with France's Hachette over e-book pricing.

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