Business

South Korea, the largest buyer of U.S. beef after Japan and Mexico has agreed to partially open its markets to the meat but with a condition that shipments of only boneless meat from cattle younger than 30-months old may be resumed as the brain-wasting disease supposedly resides in bones and in older animals.

New York -- Microsoft is playing down the possibility it might still seek to acquire Yahoo.

The Odyssey Marine Explorations Company of Tampa, on Friday, recovered the largest ever gold and silver coins excavated from an early American ship, dubbed “Black Swan” that sank hundreds of years ago in the Atlantic Ocean, the booty estimated to be worth $500 million.

Its time now for airlines to restructure their activities and procedures to move in line with primary objective of achieving customer satisfaction which is declining at an alarming rate according to the University of Michigan's American Customer Satisfaction Index.

Mylan Laboratories Inc. has agreed to the purchase of Merck KGaA's generic-drug unit, the German Drug maker announced Sunday. The former will pay 4.9 billion euros ($6.6 billion) in cash to become the third-largest maker of copied medicines in the world.

The much-hyped tourist attraction, The Grand Canyon Skywalk, built at a cost of USD 30 million and suspended 1,200 metres above the vast Grand Canyon floor was opened to the public Wednesday morning.

ABN AMRO Holdings NV intends to look at other options available to it if its merger talks with UK bank Barclays do not materialize. The alternatives include the likelihood of ABN AMRO continuing as an independent bank.

Acting cautiously in the wake of rat poison being found in the pet food, Menu Foods Ltd. has decided to recall all brands irrespective of the date of manufacture. The company had earlier recalled 60 million cans of wet pet food in the U.S. last week.