Reuters - Malaysia has halted palm oil exports to Iran because of payments problems and Asian oil buyers have cut crude purchases as Western sanctions tighten a financial noose around Iran.
AP - All but one of the first wave of phone hacking cases against Rupert Murdoch's News International have been settled, victims' lawyer told Britain's High Court on Wednesday.
AP - A senior EU official say the bloc will soon impose harsher sanctions against Syria as it seeks to weaken the regime and end President Bashar Assad's crackdown against political opponents.
AP - Philippine officials conceded Wednesday that there was little hope of finding any survivors among 71 people still buried in landslides set off by a powerful earthquake, as jittery residents stayed away from their homes amid a flurry of aftershocks.
AP - The transfer of thousands of U.S. Marines to Guam will not require the prior closure of a base on the southern Japan island of Okinawa, the United States and Japan announced Wednesday in a compromise they hope will break a stalemate over opposition to the large U.S. military presence there.
AP - The Scandinavian airline group SAS recorded a loss of 1.7 billion kronor ($250 million) in 2011 after taking a big writedown following the bankruptcy of Spanish budget carrier Spanair.
Reuters - Syrian forces thrusting into the rebellious city of Homs on Wednesday killed at least 67 civilians, including three families slain in their homes by militiaman loyal to President Bashar al-Assad, activists said.
Reuters - European air safety officials are preparing to extend checks for Airbus A380 wing cracks to the entire superjumbo fleet, sources close to the matter told Reuters on Wednesday.
Reuters - Nissan Motor Co (7201.T) is on track to be the most profitable of Japan's three big automakers this year, after record car sales last year and improved market share in every major region pushed up quarterly operating profit.
Time.com - The government of Michel Martelly -- friend of Sean Penn and other U.S. celebrities -- has decided not to pursue the ex-dictator-for-life for crimes against humanity -- just corruption
AP - Norwegian oil company Statoil ASA on Wednesday said its profits soared in the fourth quarter on higher oil and gas prices and a one-time gain from the sale of a stake in a gas transportation company.
Reuters - Italian Prime Minister Mario Monti is confident reforms undertaken by his country over the last few months will help soften any blow from an unruly default by euro zone partner Greece.
AP - Greek coalition leaders are studying a draft deal on further austerity measures demanded to secure a new bailout that will determine whether the country avoids a looming bankruptcy next month.
Reuters - Stock index futures pointed to a slightly higher open for equities on Wall Street on Wednesday, with futures for the S&P 500, the Dow Jones and the Nasdaq 100 rising 0.2 to 0.3 percent.
Reuters - Japan aims to cut domestic consumption of a heavy rare earth used widely in hybrid cars and electronics by 30 percent over the next two years as China keeps a tight grip on exports of the material, known as dysprosium.
Reuters - Japan and the United States said on Wednesday they have started talks to transfer U.S. Marines to Guam from the southern Japan island of Okinawa despite little progress being made on the planned relocation of a U.S. airbase on Okinawa, a step forward in an issue that has long been an irritant in bilateral ties.
Reuters - Greek parties will try again on Wednesday to agree a reform deal in return for a new international rescue to avoid a chaotic default, after delays prompted some EU leaders to warn that the euro zone can live without Athens.
AP - Disgruntled police across Brazil are taking aim at the country's iconic Carnival celebration, raising threats to the annual street parties that draw hordes of foreigners as a way to press their demands for pay raises.
Reuters - NATO, Afghan and Pakistani military officials will hold talks on improving border security and coordination on Wednesday, in a possible sign that tension is easing following a cross-border NATO air attack in November that infuriated Pakistan.
Reuters - Two Royal Canadian Mounted Police officers were shot and wounded in the western province of Alberta, the national police force said on Tuesday.
Reuters - Yahoo Inc Chairman Roy Bostock and three other directors will step down as the struggling company ploughs ahead with an internal overhaul, including discussions on dealing with its stakes in China's Alibaba Group and Yahoo Japan.
Reuters - A broad settlement with major banks over mortgage servicing abuses that would bring relief to distressed U.S. homeowners could be announced as early Thursday, two people familiar with the matter said.
AP - Gov. Jerry Brown's appointee to head the department that oversees banking, financial and consumer regulations in California led a trade association that fought against tighter lending restrictions before the subprime mortgage crisis exploded and was an executive with Washington Mutual when the now-failed bank was among the most aggressive marketers of loans to high-risk borrowers.
The Christian Science Monitor - Three-time Tour de France champion Alberto Contador signaled today his intention to appeal the doping conviction handed down yesterday by the Court of Arbitration for Sport (CAS) after a grueling 18-month legal battle.
Reuters - The number of jobs waiting to be filled rose in December as employers tried to ramp up hiring in factories, retail and business services, the government said on Tuesday.
Reuters - Wal-Mart Stores Inc has named an industry veteran, but a relative newcomer to China, to run what is a strategically crucial business for the world's biggest retailer as it faces tougher competition in the fastest growing major economy.
Time.com - The dramatic rise and swift fall of Bangladesh's stock market is a cautionary tale for emerging-market investors oblivious to the perils of hasty deregulation and rapid capital inflows