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Momentum to drain from world economy in 2012: poll

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The world economy will lose momentum in 2012 but it will keep moving in the right direction, according to Reuters polls of around 600 economists who said crisis-hit Europe would drag on global growth.
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Demand strong, margins better in 2012: Nike CEO

Nike Inc is seeing no slowdown in demand in its biggest markets, even as Europe struggles economically and shoppers in the United States remain skittish, Chief Executive Mark Parker said.
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Iran Warns Region Against Stance on Hormuz

Iran's foreign minister warned Arab neighbors on Thursday not to put themselves in a dangerous position by aligning themselves too closely with the United States in the escalating dispute over Tehran's nuclear activity.
5 – London

Time for Decision on Removing Leap Seconds

Experts have recommended eliminating leap seconds from the time scale used by most computer systems, but governments are split on the issue, to be decided this week, the International Telecommunications Union (ITU) said Tuesday.
Gold firms as IMF talk, Fitch stance lift euro

Gold Prices Slide on Profit Taking, Falling Euro

Gold edged lower on Thursday as the euro's retreat from highs in the wake of U.S. economic data prompted some buyers to cash in gains in the precious metal after a three-day run higher took prices to their strongest since mid-December.
Clinton Denies Snub from Russian FM in Australia

U.S. to Try Again to Hammer out Space Code

The United States will join with Europe and other nations to hammer out a code of conduct for space activities, including how to deal with the growing problem of debris circling Earth, the Obama administration said on Tuesday.
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'Rift' Maker Trion Raises $85 Million in New Funding

Video game publisher Trion Worlds has raised $85 million in a new round of funding as the privately held company aims to expand to Asia this year and launch new titles, CEO Lars Buttler told Reuters on Thursday.
The shadows of spectators are seen through a Chinese national flag during the men's kayak (K1) semifinal at the Beijing 2008 Olympic Games August 12, 2008.

China's Challenge to the iPad Raises a Red Flag

China Communist Party members can now carry a tablet PC to verify identification cards, read the blogs of cadres and manage state-owned firms without fretting that using a bourgeois Apple Inc iPad will ruin their street cred.
Iran To Return Downed Spy Drone to Obama... As Fake Pink Plastic Toy

Iran To Return Spy Drone to Obama... As Fake Pink Plastic Toy

Rather than sending back the RQ-170 Sentinel drone that crashed into Iran last year, Tehran-based Aaye Art Group says it plans to send President Obama miniature fake versions of the spycraft... and rumor has it the $4 toys are likely to be pink. Though the Iranian government is still insisting that the spy drone was over Iran when it crashed and that Iranian spies brought it down, the U.S. claims the aircraft was in Afghanistan, and suffered a technical malfunction.
Republicans fume as Keystone oil pipeline rejected

Republicans Fume as Keystone Oil Pipeline Rejected

The Obama Administration rejected the Keystone oil pipeline on Wednesday, a move that Republicans decried for sacrificing jobs and energy security in order to shore up the president's environmental base before elections.
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China's challenge to the iPad raises a red flag

China Communist Party members can now carry a tablet PC to verify identification cards, read the blogs of cadres and manage state-owned firms without fretting that using a bourgeois Apple Inc iPad will ruin their street cred.
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Emerging markets boost beer sales for SABMiller

Global brewer SABMiller reported a 3 percent rise in beer volumes in the last three months of 2011, as growth in African and Latin American markets helped offset falls in North America and Europe.
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Emerging markets help SABMiller match Q3 forecasts

Global brewer SABMiller reported a 3 percent rise in beer volumes in the last three months of 2011, matching forecasts, led by the emerging markets of Africa and Latin America which helped offset falls in North America and Europe.
Dai Bingguo, Shiv Shankar Menon

India, China Agree to Avoid Border Flare-ups

India and China have agreed to try to avoid flare-ups along their disputed 4,000-km border through the Himalayas, a positive development in often fractious relations between Asia's emerging giants.

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