Iraq telecom operator to go public in early 2013
12/03/2012 1:17am
The Iraq Stock Exchange says one of the country's largest mobile operators will start publicly trading its shares early next year. It will be the first stock float since the reign of Saddam Hussein.
News Corp Int'l news chief to step down
12/03/2012 4:43am
Tom Mockridge, the chief executive of Rupert Murdoch's British newspapers who was parachuted in to steady an organization swamped in scandal, is leaving the company at the end of the year.
New Alzheimer's drug studies offer patients hope
12/03/2012 4:47am
For Alzheimer's patients and their families, desperate for an effective treatment for the epidemic disease, there's hope from new studies starting up and insights from recent ones that didn't quite pan out.
UK lawmakers seek end to corporate tax avoidance
12/03/2012 4:56am
British lawmakers on Monday accused major multinational companies including Starbucks, Google and Amazon of immoral tax avoidance, while Starbucks announced it is reviewing its British tax practices in a bid to restore public trust.
AP IMPACT: China overtaking US as global trader
12/03/2012 5:47am
Shin Cheol-soo no longer sees his future in the United States.
EADS: Confirms talks on shareholder structure
12/03/2012 7:58am
European aerospace and defense company EADS NV says its key shareholders are discussing potential changes to its structure and management.
Germany set to achieve balanced budget this year
12/03/2012 8:03am
Germany will achieve a balanced budget across all layers of government this year thanks to a resilient economy, low unemployment, higher tax revenues and low borrowing costs, the Finance Ministry said Monday.
Cyprus offers mediation between Lebanon, Israel
12/03/2012 9:06am
Cyprus has offered to mediate between Lebanon and Israel over a maritime border dispute that is delaying some oil and gas exploration in the Mediterranean, a Cypriot official said Monday.
Vietnam: Chinese boats cut seismic cables
12/03/2012 9:46am
Vietnam's state-owned oil and gas company accused Chinese fishing boats on Monday of sabotaging one of its seismic survey ships in the South China Sea, adding to already high tensions over Beijing's disputed territorial claims in the waters.
Dell climbs as analyst upgrades company
12/03/2012 9:52am
Dell's stock climbed more than 5 percent on Monday as a Goldman Sachs analyst raised his rating and price target on the company. The analyst said that there may be too much skepticism over the personal computing segment.
Sasol advances gas-to-liquids plan in Louisiana
12/03/2012 10:29am
South African chemicals and energy company Sasol Ltd. said it could spend up to $21 billion to build a complex in Louisiana to turn natural gas into diesel, other fuels and chemicals.
Russia, Turkey downplay Syria differences
12/03/2012 10:38am
The leaders of Russia and Turkey on Monday downplayed differences over the Syrian civil war, saying they shared the common goal of trying to end the humanitarian crisis there and hailing their countries' booming trade ties.
Summary Box: Pope joins tweeting masses
12/03/2012 10:41am
CHURCH CHIRPS: Benedict XVI, a pope known for hefty volumes of theology, is now trying brevity _ spreading the faith through his own Twitter account. The pontiff will tweet in eight languages using the handle (at)Pontifex.
Pfizer laying off some US sales representatives
12/03/2012 11:12am
Drugmaker Pfizer Inc. is starting another round of layoffs, targeting U.S. sales representatives who promote Pfizer primary care medicines to doctors.
Sasol advances gas-to-liquids plan in Louisiana
12/03/2012 11:25am
South African chemicals and energy company Sasol Ltd. said it could spend up to $21 billion to build a complex in Louisiana to turn natural gas into chemicals, diesel and other fuels.
News Summary: New Alzheimer's studies offer hope
12/03/2012 11:32am
ALZHEIMER'S RESEARCH: Scientists at drugmakers including Merck, Eli Lilly and Roche are starting a new round of studies of potential drugs to treat or perhaps even prevent Alzheimer's disease.
Europe takes on tech giants and their tax havens
12/03/2012 11:43am
A storm is brewing in Europe over how little Internet powerhouses like Google and Amazon are paying in tax.
Debt the Halls: How to slim your spending without being a Scrooge
12/03/2012 11:52am
CreditCards.com reports that the average credit card debt per household is $15,799. If this is the case, then a lot of families need to avoid the holiday debt hangover.
Alzheimer's disease is huge burden for US society
12/03/2012 12:23pm
A look at some facts and figures about Alzheimer's disease, the only illness among the top 10 killers of Americans for which there's no cure or even a way to slow disease progression:
More street protests rock tiny EU nation Slovenia
12/03/2012 1:12pm
Slovenia's prime minister is on trial accused of involvement in a bribery scandal. The main opposition leader _ who is also mayor of the capital _ is under investigation for alleged corruption. So is the mayor of the EU nation's second-largest city.
FDA pledges support for med tech initiative
12/03/2012 1:13pm
The Food and Drug Administration said Monday it will collaborate with medical device manufacturers on a public-private partnership designed to speed up the development of new medical technology.
Oil up as China manufacturing offsets weak US data
12/03/2012 1:32pm
An early spike in the price of oil was short-lived on Monday, as optimism about a strong manufacturing report from China gave way to worries here at home.
Mitt Romney rejoins Marriott board
12/03/2012 1:57pm
Former presidential candidate and Massachusetts governor Mitt Romney is rejoining Marriott International's board of directors.
Judge approves El Paso lawsuit settlement
12/03/2012 2:17pm
A Delaware judge is approving a $110 settlement in a shareholder lawsuit challenging Kinder Morgan Inc.'s $21 billion acquisition of El Paso Corp., a deal that created the country's largest natural gas pipeline operator.
New Summary: US construction spending rises
12/03/2012 2:29pm
SPENDING RISES: U.S. builders increased their spending on construction projects 1.4 percent in October, the biggest increase since May.
Oracle to pay 3 of 2013's dividends this year
12/03/2012 2:58pm
Oracle Corp. will pay three of next year's quarterly dividends this year in an apparent attempt to avoid possible tax hikes for its investors.
Chinese units of 5 big US audit firms charged
12/03/2012 2:58pm
Federal regulators have charged the Chinese affiliates of five of the biggest U.S. accounting firms with impeding the government's investigation of Chinese companies by refusing to turn over documents.
Chinese units of 5 big US audit firms charged
12/03/2012 3:16pm
Federal regulators have charged the Chinese affiliates of five of the biggest U.S. accounting firms with impeding the government's investigation of Chinese companies by refusing to turn over documents.
Archer Daniels Midland raises offer for GrainCorp
12/03/2012 3:31pm
Agribusiness conglomerate Archer Daniels Midland Co. is increasing its buyout offer for GrainCorp by almost 4 percent and disclosed it has already added to its stake in the Australian grain handler.
Sea Launch rocket lofts Eutelsat satellite
12/03/2012 3:55pm
Sea Launch AG says it has placed a communication satellite into orbit for global provider Eutelsat.
Lincoln brand changes name as new MKZ goes on sale
12/03/2012 4:20pm
Lincoln is getting a new car and a new name designed to reverse 20 years of falling sales.
News Summary: Lincoln gets new name, new sedan
12/03/2012 4:51pm
BACK TO THE FUTURE: Ford's 97-year-old Lincoln luxury brand is going back to its original name _ Lincoln Motor Co. _ in a bid to separate it from Ford and win over new buyers.
Shipyard accident injures 89 workers in Singapore
12/03/2012 5:21pm
Officials say 89 workers have been injured, some seriously, in an accident at a Singapore shipyard.
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