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Euro extends losses, hits 10-year trough on yen

The euro got off to a rocky start in Asia on Monday, falling to fresh six-month lows against the greenback and a 10-year trough on the yen as downside momentum picked up pace after several key technical levels gave way recently.

Green-Glowing Cats Are New Tool in AIDS Research

Green glowing cats
U.S. scientists have developed a strain of green-glowing cats with cells that resist infection from a virus that causes feline AIDS, a finding that may help prevent the disease in cats and advance AIDS research in people.

NASA On Way Back to the Moon: Arriving New Year's Day (PHOTOS)

NASA's GRAIL Moon Orbitters
NASA is on its way back to the moon, embarking upon a new study that could help launch future manned missions one day.NASA's Grail mission launched this morning, as the Delta II rocket carrying the Gravity and Recovery and Interior Laboratory lifted off from Cape Canaveral, Fla. Saturday at 6:08 a.m. EDT amid clear skies. It is the 110th mission to the moon in history, with previous missions launched by the United States, Soviet Union, Japan, China and India.
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Trader in the Nymex pit

Gold on Track for Biggest Weekly Loss Since June

Gold prices pared losses in choppy trade on Friday but were still on track for their biggest weekly loss since June as some investors cashed in gains after losing confidence in the metal's ability to build on this week's record highs.
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McDonald's August sales miss; Japan drags

McDonald's Corp reported a lower-than-expected rise in worldwide August sales at established restaurants on a steep drop in Japan and a lull in new product launches in the United States.
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McDonald's August sales miss, Japan drags

McDonald's Corp reported a lower-than-expected rise in global August sales at established restaurants on Friday, with Asia turning lower on a big drop in Japan and the United States and Europe also missing expectations.
France's Finance and Economy Minister Francois Baroin

Economic Gloom Piles Pressure on G7 Finance Talks

G7 finance chiefs meet on Friday under heavy pressure to take action over flagging growth in rich nations and calm the biggest confidence crisis to hit the global economy since the 2007-09 credit crunch.
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Mexico is most tolerant nation for sex scandals

When politician Dominique Strauss-Kahn arrived in France last week, cleared of a New York sex scandal, he returned home smiling despite facing a frosty reception. Maybe he should have gone to Mexico, instead.
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Trade gap narrows sharply in July to $44.8 billion

The U.S. trade deficit narrowed much more than expected in July as strong Latin American demand helped push exports to a new record and imports fell slightly, a government report showed on Thursday.
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Fitch warns of downgrades for China, Japan

Fitch Ratings warned on Thursday that it might downgrade China's credit rating within two years as the country's banks struggle with debt loads following a lending surge to help lift the economy during the 2008 financial crisis.
No Apple-Samsung Deal in Australia

Apple Taps Japan Court to Ban Sales of Samsung Phones

Apple is seeking to ban sales of some Samsung Electronics gadgets in Japan, accusing its rival of violating patents relating to the iPhone and iPad, the latest salvo in a series of patent battles between the two companies.
Global Competitiveness Index

U.S. Tumbles to 5th in Global Competitiveness Ranking

The Global Competitiveness Index (GCI) published by the World Economic Forum, which ranks the world's most competitive economies, has pushed the U.S. down the list to a No. 5 spot. Escalating government debts and declining faith of the public in its administration were cited as the critical factors that contributed to the plunge of the country which was No. 1 in 2008 and No. 4 last year.
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Hitachi buys U.S. data storage firm BlueArc

Hitachi Ltd <6501.T> said on Thursday it has bought struggling California-based network storage company BlueArc Corp in an all-cash transaction after a five-year OEM partnership, in the latest such move to take advantage of the yen's strength.
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Apple sues Samsung in Japan over patents: report

Apple is suing Samsung Electronics in Japan, accusing it of patent violations relating to the iPhone and iPad, Kyodo news agency said, the latest salvo in a series of patent battles between the two firms.

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