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U.S. students lag in science, tests say

In his State of the Union address last night, President Obama devoted several lines to the slumping stature of U.S. education, by our own standards and globally.

Algeria steps up grain imports, eyes Tunisia virus

Algeria confirmed it bought almost a million tonnes of wheat on Wednesday and ordered an urgent speeding up of grain imports, a move seen heading off unrest over food prices as protests swept north Africa.
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Flood waters rush towards Australia's Murray River, more evacuated

More people were evacuated in Australia’s Victoria state on Monday as deadly flood waters continued to swamp huge swathes of land in the country’s southeast, and the State Emergency Service said as many as 76 towns in the state have been affected by the flooding.

Bakaev steers Uzbeks into first Asian Cup semi

Two quick-fire goals from Ulugbek Bakaev helped Uzbekistan reach the Asian Cup semi-finals for the first time by beating Jordan 2-1 at the Khalifa Stadium on Friday.

What is National Hug Day?

National Hug Day, or National Hugging Day, is an annual holidayoccurring on January 21. It is officially recognized by the United States Patent and Trademark Office. This day is also known asWeltknuddeltag 2011.
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Stock index futures signal pause after selloff

U.S. stock index futures pointed to a flat open on Wall Street on Thursday, with futures for the S&P 500 down 0.03 percent, Dow Jones futures up 0.03 percent and Nasdaq 100 futures up 0.06 percent at 4:40 a.m. EST.
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U.S. stock index futures signal pause after selloff

U.S. stock index futures pointed to a flat open on Wall Street on Thursday, with futures for the S&P 500 down 0.03 percent, Dow Jones futures up 0.03 percent and Nasdaq 100 futures up 0.06 percent at 4:40 a.m. EST.
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Asian stocks off 2-month highs on U.S. earnings

Asian stocks retreated from two-month peaks on Thursday due to disappointing earnings from Wall Street majors, while the euro gave in to some profit taking after extending its rally overnight to a eight-week high.

American Express quarterly profit misses estimate

American Express Co reported quarterly earnings that narrowly missed Wall Street estimates and said it would cut 550 jobs as it handles more customer services on the Internet.
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American Express charge to hit 4th-quarter profit

American Express Co said on Wednesday that severance costs and other charges related to shutting down customer service centers would reduce fourth-quarter earnings.
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Cargill to spin off its majority stake in Mosaic

Agribusiness giant Cargill Inc plans to spin off its $24 billion majority stake in Mosaic Co , a move that could eventually lead to a takeover of Mosaic, the world's second-largest fertilizer producer.

China 2010 rare earth exports slip, value rockets

China's exports of vital rare earth elements used for numerous high-tech goods slipped almost one-tenth last year but the overall value rocketed as quota cuts lifted international prices, data showed on Wednesday.

POLL - Asia to see soaring prices in 2011

Asia's rapid economic growth will moderate slightly in 2011 even as policymakers combat rising prices with higher interest rates and try to keep local currencies from appreciating too sharply, a Reuters quarterly poll showed.
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Australia's Tatts eyes bank market to refinance A$700 mln

Australian gaming and wagering company Tatts Group Ltd is considering refinancing its A$700 million in bank debt with its existing lenders after tapping the U.S. private market in December, its chief financial officer said on Wednesday.

Australia government weighs levy for flood damage: report

Australia's government is reportedly considering a taxpayer levy to help pay for massive flood rebuilding, while preserving the budget's path back to surplus in 2012-13, as one major bank warned on Tuesday the damage bill could reach A$20 billion.

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