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Yahoo reported its earnings Tuesday, posting a slight revenue decline to $1.22 billion and setting the stage for a new chapter in the company’s history. The company has been busy in the past quarter, settling a patent spat with Facebook, making a deal with Alibaba, launching a new Axis browser in a mobile push, and completely changing the makeup of its board.

Turnover of cross-border organized crime is about $870 billion a year, more than six times the total of official development aid, and stopping this "threat to peace" is one of the greatest global challenges, a U.N. agency said on Monday.

GlaxoSmithKline is expected to announce a deal to buy Human Genome Sciences for about $2.8 billion as soon as Monday, ending a three-month hostile pursuit of the U.S. biotech company on friendly terms after sweetening its offer.

The Spanish government's most recent reforms will slash 56.4 billion euros ($69 billion) from the public deficit in the next two and a half years, an official document showed on Saturday, leaving a gap to be filled by taxes on energy.

Visa, MasterCard and major banks have agreed to pay $7.3 billion to millions of merchants to end a dispute over card fees.

JPMorgan Chase said Friday that a bad trade had cost the bank $5.8 billion this year, almost triple its original estimate, and raised the prospect that traders had improperly tried to conceal the blunder.

Twelve global banks that have been publicly linked to the Libor rate-rigging scandal face as much as $22bn in combined regulatory penalties and damages to investors and counterparties, according to Morgan Stanley estimates.

Plane maker Airbus said it had won orders and commitments for a total of 115 aircraft worth almost $17 billion at this week's Farnborough International Air Show.

Moving the mountain of U.S. military gear out of Afghanistan after more than a decade of war will cost billions of dollars and prove far more difficult than last year's withdrawal from Iraq, the Pentagon's No. 2 official said Tuesday.

Health insurer WellPoint Inc will buy rival Amerigroup Corp for $4.46 billion in a major bet on the expansion of the U.S. government's Medicaid health plans for the poor.