Brokerage giant Merrill Lynch agrees to pay $160m (£103.1m) to settle a race discrimination lawsuit with more than 1,200 employees, say lawyers.

Panama says an undeclared Cuban weapons cargo found on a North Korean ship is an "undoubted violation" of the United Nations' arms embargo on Pyongyang.

President Barack Obama says the US has concluded that the Syrian government carried out a chemical weapons attacks near Damascus last week.

Eight Paraguay bus drivers who have been crucified for 20 days in a protest against being sacked are joined by one of their wives.

Toronto Mayor Rob Ford tells reporters with a laugh that he has smoked "a lot" of marijuana, as a national debate on legalisation of the drug builds.

A fire in north-eastern Brazil causes a power outage that leaves nine states in the dark, including four that will host the 2014 World Cup

Qantas swings back to profit as its alliance with Emirates helps narrow losses at its international operations.

A senior executive at Skype confirms the firm has developed 3D video calls, but has not added the feature because of limitations with camera technology.