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Exclusive: Hacked companies still not telling investors

Reuters - News - Thu, 02/02/2012 - 17:13
SAN FRANCISCO (Reuters) - At least a half-dozen major U.S. companies whose computers have been infiltrated by cyber criminals or international spies have not admitted to the incidents despite new guidance from securities regulators urging such disclosures.
Categories: Reuters

Exclusive: U.S. and allies exploring prospects for Assad exile

Reuters - News - Thu, 02/02/2012 - 17:03
WASHINGTON (Reuters) - The United States, European governments and Arab states have begun discussing the possibility of exile for Bashar al-Assad despite skepticism the defiant Syrian president is ready to consider such an offer, Western officials said on Wednesday.
Categories: Reuters

Deutsche Bank's Ackermann era ends in quarterly loss

Reuters - News - Thu, 02/02/2012 - 16:54
FRANKFURT (Reuters) - Josef Ackermann's reign at Deutsche Bank ended in a surprise quarterly loss on Thursday, with the bank hit by a downturn in bond trading due to the euro zone crisis and writedowns on holdings in drug and gambling companies.
Categories: Reuters

Sony sees $2.9 billion loss, new CEO warns of pain

Reuters - News - Thu, 02/02/2012 - 16:49
TOKYO (Reuters) - Ailing Japanese electronics giant Sony Corp warned it was heading for a bigger-than-expected $2.9 billion annual loss, presenting a daunting task for incoming CEO Kazuo Hirai, who vowed to move quickly to turn things around.
Categories: Reuters

Banker fears 'social time bomb'

BBC News - Thu, 02/02/2012 - 16:37
Dr Josef Ackermann, the head of Germany's biggest bank, Deutsche Bank, warns of a "social time bomb" from wealth and income inequality
Categories: BBC

Taliban return seen unlikely threat in reshaped Afghanistan

Reuters - News - Thu, 02/02/2012 - 16:31
KABUL (Reuters) - Among the snippets in a secret NATO report detailing the hopes of jailed Taliban militants to retake Afghanistan was news the Islamist movement had set up telephone hotlines for Afghans to report anonymously on failures of its shadow government.
Categories: Reuters

Jobless claims fall, jobs market slowly healing

Reuters - News - Thu, 02/02/2012 - 16:14
WASHINGTON (Reuters) - New claims for unemployment benefits in the United States fell more than expected last week, pointing to more healing in the nation's battered jobs market.
Categories: Reuters

AstraZeneca announces job losses

BBC News - Thu, 02/02/2012 - 16:04
Drugs firm AstraZeneca announces a further 7,300 job cuts over the next two years as part of a new restructuring programme.
Categories: BBC

China 'considering' eurozone help

BBC News - Thu, 02/02/2012 - 15:57
Premier Wen Jiabao says Beijing is "considering" contributing to European rescue funds, during a visit by German Chancellor Angela Merkel.
Categories: BBC

Glencore and Xstrata in $80 billion merger talks

Reuters - News - Thu, 02/02/2012 - 15:28
LONDON (Reuters) - Mining group Xstrata and commodities trader Glencore are in talks over an all-share merger that could create a combined group worth more than 50 billion pounds ($79 billion), shaking up the industry with its biggest deal to date.
Categories: Reuters

Arab League: U.N. talks put pressure on Syria

CNN - World - Thu, 02/02/2012 - 15:24
Even a watered-down U.N. Security Council resolution will put pressure on the Syrian government, Arab League Secretary General Nabil el-Araby told CNN Thursday, ahead of renewed talks at the United Nations.
Categories: CNN

U.S. plans to halt Afghan combat role early

Reuters - News - Thu, 02/02/2012 - 15:15
BRUSSELS/KABUL (Reuters) - The United States took Kabul by surprise by laying out plans to end its Afghan combat role earlier than expected, just after the leak of a secret report that the Taliban is confident of regaining control of the country.
Categories: Reuters

Facebook's Zuckerberg to keep iron grip after IPO

Reuters - News - Thu, 02/02/2012 - 15:08
SAN FRANCISCO (Reuters) - Facebook unveiled plans for the biggest ever Internet IPO that could raise as much as $10 billion, but made it clear CEO Mark Zuckerberg will exercise almost complete control over the company, leaving investors with little say.
Categories: Reuters

Europe's freeze claims 110 lives

BBC News - Thu, 02/02/2012 - 15:02
Another 29 people have died in Ukraine and Poland as temperatures in parts of Europe fall below -30C (-22F).
Categories: BBC

Cold front ad for Mini backfires

BBC News - Thu, 02/02/2012 - 14:49
An advertising agency for BMW pays to name Europe's cold weather "Cooper" in Germany, after the firm's Mini Cooper car, but the stunt backfires.
Categories: BBC

Opinion: Why Russia protects al-Assad

CNN - World - Thu, 02/02/2012 - 14:44
Daniel Treisman says Russia has strategic, business and political reasons for blocking U.N. action against Syria
Categories: CNN

German eats 64-year-old US lard

BBC News - Thu, 02/02/2012 - 14:42
A German pensioner finally tastes some American lard imported 64 years ago, having got approval from food safety experts.
Categories: BBC

Alarm over north Cyprus gay cases

BBC News - Thu, 02/02/2012 - 14:30
Euro MPs voice alarm after two men are arrested in Turkish-controlled northern Cyprus under a British-era law criminalising gay sex.
Categories: BBC

China's Wen: May consider bigger role in EU rescue

Reuters - News - Thu, 02/02/2012 - 14:27
BEIJING (Reuters) - China is considering increasing its participation in the rescue funds aimed at resolving the European debt crisis, Chinese Premier Wen Jiabao told journalists on Thursday.
Categories: Reuters

Pakistan court to charge PM with contempt

CNN - World - Thu, 02/02/2012 - 14:26
Pakistan's Supreme Court summoned Prime Minister Yousuf Raza Gilani to appear February 13 to be charged with contempt of court, his lawyer said Thursday.
Categories: CNN