Reuters - Office goods supplier Staples has won approval from the European Commission for its 1.7 billion euro ($2.64 billion) takeover bid for Dutch peer Corporate Express .

Reuters - Consumer electronics retailer Best Buy Co posted a 7 percent drop in first-quarter profit on Tuesday, but results were better than expected as the company gained market share in televisions, computers and video gaming.

AFP - Danish brewer Carlsberg, which together with Heineken acquired rival Scottish and Newcastle earlier this year, said Tuesday it had launched a savings plan at a cost of one billion kroner (134 million euros, 208 million dollars).

Reuters - U.S. technology stocks rose on Monday for the third straight session, fueled by optimism about sales for Research in Motion's BlackBerry and Apple's new iPhone.

Reuters - World crude oil production has topped out at 85 million barrels per day even as demand keeps climbing, helping to drive a stunning surge in prices, billionaire oil investor T. Boone Pickens said on Tuesday.

Reuters - Missouri Sen. Claire McCaskill said on Tuesday she would do everything possible to "stop the sale" of St. Louis-based Anheuser-Busch Cos Inc to rival brewer InBev NV .

Reuters - Soaring energy costs pushed U.S. producer prices up sharply last month and housing starts fell to 17-year low, according to data on Tuesday that spotlighted the Federal Reserve's dilemma of tackling weak growth amid high inflation.

Reuters - Goldman Sachs Group Inc said on Tuesday quarterly earnings fell 11 percent as market turmoil hit trading and slowed investment banking, yet the firm again exceeded expectations by avoiding major losses on assets slammed by the credit crisis.

Reuters - Stocks fell on Tuesday as Goldman Sachs warned that banks may need to raise an additional $65 billion, stoking worries about further fallout from the mortgage crisis.

AFP - The FTSE 100 made gains in late Monday morning trade as the price of oil fell amid talk Saudi Arabia will raise output.

Reuters - The European Commission, a thorn in Microsoft's side for its antitrust campaigns against the software giant, is falling short in its own internal attempt to promote more competition in the technology sector.

Reuters - The United States probably wants to leave open the option of dollar-buying intervention as a tool to temper inflation, since it could be hard to raise interest rates as the economy slows, Japan's former currency tsar said on Tuesday.

Reuters - Internet media firm Yahoo Inc said on Tuesday that its mobile search service will be offered by six more telecom companies in Asia.

Reuters - Societe Generale and wealth management company Rockefeller Financial Services Inc announced a global alliance on Tuesday in the private banking sector.

Reuters - Record-high crude oil costs sent wholesale inflation soaring in May, but a key gauge of underlying price pressures likely moved ahead at a slower pace than the month before, according to a Reuters poll.