Reuters - Surging energy costs helped push U.S. consumer prices up by a sharp 0.5 percent in April and weighed on shoppers' moods in May as worries of higher future inflation grew, reports showed on Friday.

Reuters - Singapore picked Las Vegas Sands Corp. to build and run what will be the world's most expensive casino at a cost of more than S$5 billion (US$3.2 billion), sending the U.S. casino operator's shares up more than 9 percent.

Reuters - Arcelor has agreed to buy Russia's Severstal to create the world's biggest steelmaker, in a 13 billion-euro ($16.6 billion) deal that would thwart Mittal Steel's hostile bid for the Luxembourg-based group.

Reuters - U.S. stocks rose on Friday, ending the week higher after a two-week rout, as banking shares gained on brokers' upgrades and economic reports raised no new worries about the outlook for interest rates.

Reuters - U.S. health officials on Friday approved the first vaccine to prevent shingles, a painful disease characterized by a blistering rash that affects nearly 1 million, mostly older adults every year.