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World stocks tumble on US deflation fears
World stock markets slumped Wednesday amid concerns about sinking consumer prices in the U.S. and the shaky future of the Big Three U.S. automakers.

S. Korea into first in World Cup qualifying group
MANAMA, Bahrain (AP) -- Mark Bresciano scored in the fourth minute of injury-time Wednesday to give Australia a 1-0 win over Bahrain in an Asian World Cup qualifier.

Last-gasp Australia take huge step towards World Cup
Australia kept their 100 percent World Cup qualifying record intact with a last-gasp 1-0 win over Bahrain on Wednesday while Group One rivals Japan secured a crucial 3-0 victory in Qatar.

Joe Lemire: Phillies World Series title merchandise still a hot commodity
As Philadelphia celebrates its first World Series title in 28 years and first major sports title in a quarter century, the sale of World Series championship merchandise has "blown away everyone's expectations," says Howard Smith, Major League Baseball's senior vice president of licensing and retail. The sales also show a change in fan favorite pecking order.

World Bank chief: Better ties with Russia a must
Russia's ties with the United States and the European Union must be improved to ensure stability, World Bank President Robert Zoellick said Wednesday.

With slump in world shipping, Greece has a lot to lose
Global shipping is facing its worst crisis in decades and for Greece, which owns a fifth of the world's fleet, that spells trouble.

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