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Report: Polar ice to melt sooner due to warming sea waters

Russia poised to breach mysterious Antarctic lake

For 15 million years, an icebound lake has remained sealed deep beneath Antarctica's frozen crust, possibly hiding prehistoric or unknown life. Now Russian scientists are on the brink of piercing through to its secrets.
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Gold edges up, shrugs off China rates

Gold inched higher on Tuesday as equities fell, the euro picked up and flows of metal out of exchange-traded funds stabilized, although a rise in Chinese benchmark rates limited gains.
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WikiLeaks founder Assange fights extradition to Sweden

WikiLeaks founder Julian Assange asked a British judge on Monday to block his extradition to Sweden on sex crime allegations, arguing he would not get a fair trial and could end up facing execution in the United States.
Google Remembers Jules Verne Birthday 20,000 Leagues Under the Sea

Google's New Doodle Honors Jules Verne Birthday

Internet search giant Google Inc. is celebrating 183rd birthday of French science-fiction writer Jules Gabriel Verne by capturing '20,000 Leagues Under the Sea' in its new interactive doodle.
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UBS sees strong increase in new funds in 2011

UBS expects to win more client funds for its wealth management business in 2011 and sees a rebound in the investment banking division whose losses almost felled it in the financial crisis.
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Debt rating agencies sending right message... at wrong time

The heightened sense of scrutiny surrounding many heavily-indebted rich nations is sending the right message about fiscal discipline but is coming at the wrong point in the recovery cycle for many countries, and could do more harm than it's worth to the global economy.
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Defense firms vie for India orders at air show

Global defense manufacturers, competing to sell products to one of the fastest growing aircraft markets in the world, are poised to unveil new products at India's biennial air show and fight it out for one of the largest export orders in the history of defense.
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ArcelorMittal sees global steel rebound

ArcelorMittal , the world's largest steelmaker, forecast a faster than expected recovery in demand and prices at the start of 2011 after a margin squeeze in the fourth quarter.
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Wall Street futures signal gains for stocks

Stock index futures pointed to a higher open for Wall Street on Tuesday, adding to gains from the previous session, with futures for the S&P 500, for the Dow Jones and for the Nasdaq up 0.1-0.2 percent by 1007 GMT.
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BG profits rise on higher prices, boosts div by 10 pct

British gas producer BG Group Plc posted a rise in quarterly profit helped by higher commodity prices and a lower exploration charge and the company lifted its full year dividend by 10 percent to 21.60 cents a share.
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UBS Q4 shows recovery still has way to go

UBS returned to a modest profit at its investment bank and struggled to attract new client money to its core wealth management operations, showing chief Oswald Gruebel still has a way to go to turn around the bank.
US Airforce

Northrop Grumman sees India sealing $11 bln deal in '11

U.S. defence contractor Northrop Grumman expects India to seal a deal to spend $11 billion on new fighter jets by the end of this year, as it supplies fuselage and radars to manufacturers bidding for the order, an executive said on Monday.

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