Wallace McCain, a billionaire Canadian frozen food mogul and philanthropist, has died aged 81.

The head of the IMF, Dominique Strauss-Kahn, is questioned in New York over an alleged sex attack on a hotel maid, say reports.

Sony announces that it will begin restoring its online PlayStation video game network and Qriocity services on Sunday.

The US will grant new leases to drill for oil in Alaska and the Gulf of Mexico to try to boost output and cap fuel prices, President Obama says.

Canada's TMX Group receives a domestic takeover bid to rival the group's proposed merger with the London Stock Exchange.

Seven of the 11 most wealthy sportspeople in the UK and Irish Republic are current and former racing drivers, according to the Sunday Times sport rich list.