A Duke University official has been arrested and charged with offering a 5-year-old boy for sex. Frank Lombard, the school's associate director of the Center for Health Policy, was arrested after an Internet sting, according to the FBI's Washington field office and the city's police department. According ...

The safety of its players was of paramount concern, Cricket South Africa (CSA) chief executive Gerald Majola said Thursday in response to a series of bombings and shootings in the Indian commercial hub of Mumbai. Two South African teams, the Titans and the Dolphins, are due to play in the Champions League in India starting next week. South African captain ...

Friends Provident PLC, the struggling British life assurer, said Friday it is abandoning the sale of its F&C asset management and Lombard wealth management units nine months after putting them on the market, unable to find buyers because of the financial crisis. As a result ...

Many leading hedge funds, including some of the most active short-sellers, have reluctantly accepted the need for emergency measures outlawing aggressive bets on falling bank share prices. The temporary ban on such activity took effect on stock markets in London and New York yesterday after a week in which short-sellers became the subject of a volley of angry criticism accusing ...