(Reuters) - Yahoo Inc and CNBC have formed a content sharing partnership, the companies said on Wednesday.

(Reuters) - Bank of America Corp expects to reduce its long-term debt by about $40 billion in the second quarter, eliminating interest expense of $230 million per quarter going forward, Chief Financial Officer Bruce Thompson said.

WASHINGTON (Reuters) - It has become a familiar choreography for the Federal Reserve: Officials ease monetary policy, and the economy improves. Then conditions weaken, reviving debate about the need for further stimulus.

LONDON (Reuters) - European shares edged up and the euro was flat on Wednesday as worries over contagion from Spain's banking sector were heightened by a sharp rise in the country's borrowing costs.

VIENNA/ROME (Reuters) - Raising the stakes in Europe's debt crisis, Austria's finance minister said Italy may need a financial rescue because of its high borrowing costs, drawing a sharp denial on Tuesday from the Italian prime minister.

LONDON (Reuters) - Many more years of money printing from the world's big four central banks now looks destined to add to the $6 trillion already created since 2008 and may transform the relationship between the once fiercely-independent banks and governments.

FRANKFURT (Reuters) - Damages sought by E.ON AG from the enforced shutdown of nuclear power stations total 8 billion euros ($9.97 billion), a company spokesman said on Wednesday.

LONDON (Reuters) - Lonrho on Wednesday said it had sold its aviation business to British investment firm Rubicon allowing it to create Africa-focused low cost airline FastJet with EasyJet founder Stelios Haji-Ioannou's easyGroup.

BEIJING (Reuters) - China's annual economic growth could fall below 7 percent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying.

SAN FRANCISCO (Reuters) - Apple Inc took the wraps off its own mobile mapping service and improved the search capabilities of its Siri voice assistant, taking the fight into Google Inc's domain.

WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase's failure to timely disclose a major change in how it measured risk could become the centerpiece for an enforcement action by U.S. securities regulators as they probe the bank in connection with its multibillion dollar trading loss.

WASHINGTON (Reuters) - Despite a popular belief that spending on lobbyists and political gifts yield fat dividends for business, a study has found just the opposite - that in general higher corporate spending in Washington is linked to worse market performance.