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    Yahoo puts off shareholder showdown

    DRAMA CONTINUES: This was the second time the company postponed the annual meeting, after a delay to think out alternatives to Microsoft's unsolicited takeover bid
    Yahoo Inc on Thursday postponed a looming showdown for control of its board, giving itself more time to prepare a defense — or negotiate a sale to Microsoft Corp that would cause activist investor Carl Icahn to call off the mutiny.

    [ FULL STORY ]


    Inflation to bring more unrest: bank

    PAYING THE PRICE: The cost of food and fuel has been cited as a factor leading to violence in Haiti, protests by farmers in Argentina and riots in sub-Saharan Africa
    Riots, protests and political unrest could multiply in the developing world as soaring inflation widens the gap between the "haves" and "have nots," an investment bank predicted on Thursday.

    [ FULL STORY ]


    Aussie airlines save fuel by easing off the throttle

    PINCHING PENNIES: The extra time in flight may not mean much to the average passenger, but for budget carrier Jetstar it is money in the bank
    Some Australian airlines are flying slowly to save fuel as oil prices surge to record highs, it was revealed yesterday.

    [ FULL STORY ]


    Quebec court blocks sale of BCE to investor group

    An unexpected court ruling threw a wrench into a pension fund's acquisition of telecom giant BCE on Thursday, in what would be the biggest takeover in Canadian history, and sent its shares plummeting.

    [ FULL STORY ]


    Ford moves away from big vehicles as fuel prices soar

    Ford Motor Company on Thursday said it is cutting production of large trucks and sport utility vehicles as soaring pump prices drive US demand for more fuel-efficient cars.

    [ FULL STORY ]


    World Business Quick Take

    ■ AUTOMOBILES

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