Oil prices drop near $74 per barrel

Oil prices slipped to near $74 a barrel Monday in Asia as a stubbornly high U.S. unemployment rate undermined confidence in stronger demand for fuel. Benchmark oil for October delivery was down 35 cents at $74.25 a barrel at midday…

China vows to boost imports

A Chinese official defended the country's trade record Monday as a top economic adviser to President Barack Obama visited Beijing amid renewed pressure by American lawmakers over Chinese currency controls. China's deputy trade envoy, Chong…

Usain Bolt wants to be footballer

Sprint king Usain Bolt has revealed that he wants to pursue a second sporting career as a footballer. The 24-year-old first wants to set a 100m record of 9.4 seconds - a time he says will "probably never be beaten". Then the Jamaican…