SEOUL / AP South Korean prosecutors grilled the country’s just-ousted president on Tuesday in a long-awaited investigation of corruption allegations that ended her rule and now threaten to put her in jail. The questioning of Park Geun-hye came 11 days after the Constitutional Court unanimously ruled to dismiss her over suspicions she colluded with a confidante to extort money …

  Perhaps no other piece of economics jargon has caused as much confusion as the term “strong dollar.” The phrase suggests patriotic strength, of the USA riding roughshod over its economic rivals. In reality, dollar strength just means purchasing power — a stronger dollar lets US residents and businesses buy more things from overseas, while a weaker dollar helps them …

  Vodafone CEO Vittorio Colao has negotiated a partial retreat from a tough situation in India on reasonable terms. Given a bloody price war brought on by a new rival, the deal to join forces with Idea Cellular Ltd is smart even though Colao has ceded control without getting a premium. Vodafone Group Plc and Idea said on Monday that …