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Business - Huh? Mini phone attaches to the phone you already have

One company thinks you need a small phone that hitches a ride on your larger phone -- and the idea actually might not be as crazy as it sounds.>

Friday, October 24, 2014  20:46


Market - Can Facebook live up to the hype?

Shares of Facebook recently topped $80. They`ve more than quadrupled from their post-IPO lows of two years ago. Can Mark Zuckerberg keep the momentum in mobile going?

Friday, October 24, 2014  20:28


World - Gunmen kidnap Nigeria oil minister`s sister: police

The sister of Nigeria`s powerful petroleum minister has been kidnapped in the oil hub of Port Harcourt, police said Friday, in the latest abduction targeting a prominent political family. Osio Agama, whose sister Diezani Alison-Madueke leads Africa`s largest oil industry, was seized at gunpoint as she approached her car on Tuesday night, Rivers state police spokesman Ahmad Muhammad said. One of the most prominent cases came in December 2012, when Finance Minister Ngozi Okonjo-Iweala`s 82-year-old mother Kamene Okonjo was abducted from her home, in neighbouring Delta state.

Friday, October 24, 2014  19:33


World - France OKs extradition of dissident Kazakh banker

PARIS (AP) — A French appeals court has authorized the extradition to Russia or Ukraine of a Kazakh dissident banker whose legal case is tangled up in at least five countries.

Friday, October 24, 2014  19:14


Business - Ex-Bank of New York Mellon trader pleads guilty to insider trading

By Joseph Ax NEW YORK (Reuters) - A former Bank of New York Mellon Corp trader on Friday pleaded guilty to insider trading based on tips from a former Merck & Co Inc employee about potential pharmaceutical mergers. Federal prosecutors in New York said David Post, 41, a product manager at the bank, received nonpublic information from a former Rutgers Business School classmate about three companies: Idenix Pharmaceuticals, Ardea BioSciences and ViroPharma Inc . Prosecutors did not name the classmate, but on Oct. ...

Friday, October 24, 2014  18:56


World - International financial watchdog warns on Iran, North Korea

PARIS (Reuters) - An international financial watchdog said on Friday member states should take action to ward off risks emanating from Iran and North Korea, which it said had failed to tackle money-laundering and financing of terrorism. The Financial Action Task Force, made up of 37 countries as well as the European Commission and Gulf Cooperation Council, said financial institutions should give special attention to business deals and transactions with Iran and North Korea. ...

Friday, October 24, 2014  18:56


Business - Wall St. rises on earnings; on track to snap four-week drop

By Chuck Mikolajczak NEW YORK (Reuters) - U.S. stocks advanced on Friday, as earnings from Microsoft and Procter & Gamble and easing concerns over the possible spread of Ebola in the United States helped put the S&P on track to snap a four-week losing skid. Microsoft was up 2 percent at $45.91, after it reported higher-than-expected quarterly revenue while keeping its profit margins largely intact. Fellow Dow component Procter & Gamble gained 2.7 percent to $85. ...

Friday, October 24, 2014  18:01


Asia-Pacific - China Signs Deal With 20 Other Nations to Establish International Development Bank

The Asian Infrastructure Investment Bank, with much of its initial $50 billion in capital provided by Beijing, would offer financing for projects across Asia.

Friday, October 24, 2014  18:01


Business - P&G to exit Duracell battery business; quarterly sales dip

By Sruthi Ramakrishnan and Nandita Bose (Reuters) - Procter & Gamble Co on Friday said it would sell its Duracell battery business, probably through a split-off into a separate company, as it looks to focus on faster-growing brands. P&G shares rose 3 percent as investors shrugged off a marginal fall in quarterly sales and warning that a stronger dollar would significantly hurt revenue and earnings this quarter. The world`s No. 1 household products maker said in August it could sell about half of its slow-growing brands in the next two years. Duracell, the world`s No. ...

Friday, October 24, 2014  17:42


Business - Low Latency 112: Back to the drawing board

This week the Internet`s attention was transfixed on a hoverboard, while ignoring Apple`s newest iPad.>

Friday, October 24, 2014  17:24

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