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Turn in inflation boosts ECB rate cut expectations

Euro zone inflation dropped below 3 percent for the first time in three months in December, kicking off a slowdown economists expect will revive deflation fears and tempt the ECB to cut rates below 1 percent for the first time in its history.
Baby Lisa Irwin Missing

Missing Baby Lisa Irwin: Attorney Claims Breakthrough, Police Keep Mum

It has been three months since Lisa Irwin, an infant from Kansas City, was reported missing. Now, for perhaps the first time, it seems the police have a substantial lead to help with their investigation; at least according to John Picerno, a Kansas City attorney acting for Lisa's parents, Jeremy Irwin and Deborah Bradley.
Samsung Set to Acquire Full Control of LCD Partnership with Sony

S. Korea Approves Samsung's Flash Chip Plant in China

South Korea said on Wednesday it had approved a plan by Samsung Electronics Co to build a flash memory chip plant in China seen costing some $4 billion, as a boom in smartphones and tablet computers fuels the chip industry's growth.
Europe's Markets

Europe's Markets Lower Wednesday at Mid-Day

European shares slipped from five-month highs on Wednesday, with Italy's UniCredit leading banks lower after it priced a capital increase at a deep discount, suggesting a weak appetite at a time when several lenders face capital increases.
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Wife's dollar trade puts pressure on Swiss bank head

Swiss central bank head Philipp Hildebrand came under pressure on Wednesday following revelations of sensitively timed currency trades by his wife and the sacking of a whistleblower who passed details to the lawyer of a political adversary.
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Exxon to sell most of Japan refining stake: sources

U.S. oil group ExxonMobil is in talks to sell most of its 50 percent stake in Japanese refiner TonenGeneral Sekiyu KK <5012.T>, in a deal that could be worth as much as $5 billion, four sources with knowledge of the matter said.
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Paris, Berlin eye end of triple-A era

The German and French governments have both come to accept that the era when leading euro zone countries enjoyed the very best sovereign debt ratings is nearing an end, but a downgrade could shake Paris far harder than it does Berlin.
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Chrysler December U.S. sales up 37 percent

Chrysler reported a 37 percent rise in U.S. new-vehicle sales in December as the U.S. automaker finished the year with strong gains thanks to a refreshed lineup of cars and trucks.
Children are better behaved and can concentrate better when they get enough exercise because physical activity improves blood flow to the brain and boosts mood.

Exercise Helps Kids Do Better in School

Children who get more exercise also tend to do better in school, whether the exercise comes as recess, physical education classes or getting exercise on the way to school, according to an international study.
Asia&#039;s Markets

Asia's Markets Close Mixed Wednesday; Nikkei Rises

Japan's leading share average rose to a three-week closing high on Wednesday after better-than-expected economic data from the United States and China, although strategists said the rally could stall if the euro holds below 100 yen.
Gold jewelry

Gold Prices in India Rise Modestly

Gold demand in India, the world's top consumer of the metal, was moderate on Wednesday as some jewellers chose to restock despite a price rise, dealers said Wednesday.
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Exxon to sell Tonen stake in retreat from Japan: sources

Exxon Mobil is in talks to sell most of its 50 percent stake in TonenGeneral Sekiyu KK <5012.T> back to its Japanese refining partner and unload other assets in Japan in a deal that could be worth as much as $5 billion, four sources with knowledge of the matter said.

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