Africa/International

Victims of the Gulf of Mexico oil spill should start getting bigger payments faster, the administrator of the fund set up to help them said Saturday. Kenneth Feinberg said he was responding to criticism from residents and businesses.…

An auction of fine art from the New York offices of collapsed investment bank Lehman Brothers has raised more than $12m (£7.6m) at Sotheby's. The proceeds will go towards paying Lehman's creditors, owed $600bn since the firm's collapse in…

BP Chief Executive Tony Hayward defended the oil giant's safety culture under a grilling from MPs as regulators released dozens of documents questioning the company's record. Cost cuts were not behind the Gulf of Mexico oil spill, and the…

Albert Haynesworth said Saturday his $100 million contract doesn't make him a slave to the Washington Redskins. In an interview with 106.7 The Fan, the two-time All-Pro defensive tackle said the big paychecks don't mean he can't push…

Canadian police are investigating whether a phoned-in hoax caused a Pakistani jet to be diverted to Stockholm for several hours Saturday for fear that one of its passengers was carrying explosives. Police evacuated 273 people from the jet,…

Britain's opposition Labour Party  has elected Ed Miliband as its new leader, choosing him by a knife-edge margin over his better-known older brother, former foreign secretary David Miliband. The 40-year-old former climate change …

Gold soared to a record high above 1,300 dollars on Friday, dragging sister metal silver to a 30-year peak as investment demand propelled precious metals higher. Gold prices struck a record 1,300.07 dollars an ounce in afternoon trade on…

HSBC has confirmed that its chief executive Michael Geoghegan is to be replaced by Stuart Gulliver - currently the head of the group's investment bank. Douglas Flint, currently HSBC's finance director, has also been confirmed as the…

Legislation that targets imports from China and other countries with currencies similarly perceived to be undervalued sailed through the U.S. House Ways and Means Committee Friday, preparing the way for a vote in the full House next week.…

U.S. companies invested last month in computers, communications equipment and machinery, boosting capital goods orders for the third time in four months. The 4.1 percent increase to capital goods in August signaled a rebound in business…