NEW DELHI/MUMBAI (Reuters) – India’s Sterlite Industries on Saturday agreed to buy the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.

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India Sterlite Ind to buy Asarco for $2.6 bln

Canada’s federal privacy commissioner has launched an investigation into Facebook after four students complained that the popular Web site violates Canadian law by disclosing personal information to advertisers without proper consent. The University of Ottawa…

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Canada launches privacy probe into Facebook

David Beckham was designated as captain for England’s game against Trinidad and Tobago on Sunday, an honor for the midfielder whose international career appeared over after the World Cup. This will be the first time Beckham has captained the team while…

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Beckham is captain again for England

ROME (Reuters) – The global economy is threatened by continuing weaknesses in the U.S. economy and rising energy and raw materials prices, European Central Bank Governing Council member Mario Draghi said on Saturday.

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U.S. weakness remains threat to global economy: Draghi

Chinese authorities prepared on Saturday to drain a swelling lake formed by a devastating earthquake, completing work on a drainage channel to divert water that threatens hundreds of thousands downstream. Officials are expected to discharge flood water from…

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Chinese authorities prepare to drain swelling lake

Verizon Communications plans to keep its 650 employees in downtown Newark — and to bring in another 300 next year — in a reversal that could help bolster the fortunes of the state’s largest city. In February, Verizon reached an…

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Verizon to remain at Newark headquarters

After Darrell Cooper was diagnosed with heart failure five years ago, doctors tried an array of medications to keep his blood pressure under control. Nothing worked. Then his cardiologist handed him a sample pack of pills, saying it might be…

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Heart drug’s racial focus proves a liability rather than an asset

Covance is a drug development contractor that posted $1.6 billion in sales last year. Johnson & Johnson is a health-care behemoth that racked up 38 times that amount, a cool $62 billion. Should they be mentioned in the same breath?…

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Peer pressure pays: N.J.’s highest paid execs

A bipartisan group of 54 former state attorneys general from across the country has filed a federal appeals brief supporting former Alabama Gov. Don Siegelman’s bid to overturn his criminal conviction. Saying the prosecution and sentencing of Siegelman “…

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Ex-attorneys general file brief supporting Siegelman

President Bush’s approval ratings have dropped to an all-time low in California, according to a new Field Poll. The poll released Saturday by the Field Research Corp. found that only 25 percent of the 1,052 registered voters surveyed approved of Bush’s…

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President’s job ratings fall to record low in California

Myanmar’s rulers “have kept their hands in their pockets” while other countries sought to help cyclone victims, the Pentagon chief said Saturday, branding the military government as “deaf and dumb” for obstructing aid efforts. Despite the dire situation,…

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Gates slams Myanmar over response to aid offers

Adding the novel cancer drug Erbitux to standard chemotherapy helped advanced lung cancer patients live just a month longer than chemo alone, a study found. Although this is the first study to find a survival benefit from a newer, more targeted cancer drug as…

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Erbitux slightly boosts survival in cancer study

Myanmar needs more than food and shelter. It needs human expertise for everything from cleaning water to mental health counseling _ and right now, those experts can’t get to the hard-hit delta. Dozens of aid workers from UNICEF, the International Federation…

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Aid workers still waiting to enter Myanmar’s delta

Voters in this rugged stretch of Northern California took marijuana laws to new heights in 2000, allowing residents to grow up to 25 marijuana plants for medical, recreational or personal use. But eight years later, some are campaigning to scale back the law,…

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Initiative aims to curb marijuana growing in Mendocino Co

JEDDAH (Reuters) – U.S. Treasury Secretary Henry Paulson said on Saturday the dollar peg for currencies in the Gulf Arab countries had served the region well and any changes to the peg would be a sovereign matter.

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Paulson says dollar peg has served Mideast well