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Irish opposition warns on senior bank debt

Ireland's main opposition party wants to renegotiate the country's EU/IMF bailout to make holders of senior bank debt not covered by a government guarantee share the cost of bailing out the sector.

China's tech streets not lined with gold

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For all the 65 million PCs that are expected to be sold in China this year, one question that many people have not yet answered is: how much money is actually made selling these computers?
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Assange's UK lawyer says half of bail cash raised

A lawyer for WikiLeaks founder Julian Assange said on Wednesday his backers had raised around half of the 200,000 pounds ($317,400) cash he needs to secure bail after he was accused of sex crimes in Sweden.
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McDonald's to double China restaurants by 2013

McDonald's Corp plans to double the number of its restaurants in China to 2,000 by 2013, a senior executive said on Wednesday as it speeds up expansion in the fastest growing major economy.
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France warns Google not to abuse dominance

France's antitrust watchdog put Google on notice not to abuse what it said was its dominant position in online search advertising, adding to European regulatory pressure on the U.S. Web search giant.
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Acer sees big growth in China, tablet market

Acer, the world's No.2 PC vendor, expects its China operations to make up more than 20 percent of its total sales in five years, helped by new tablet PCs and an alliance with China's Founder Technology.
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Assange back in jail as Sweden appeals bail

WikiLeaks founder Julian Assange, a target of U.S. ire for releasing secret cables, returned to a London jail on Tuesday pending an appeal over a decision to free him on 200,000 pound ($317,400) bail for alleged sex crimes.
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GE sees strong earnings growth in 2011

General Electric Co said on Tuesday demand for its industrial products and sales in China will allow it to post strong profit growth in 2011 even as margins come under pressure from costs related to research and acquisitions.
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BofA sees S&P 500 at 1,400 by end 2011

Investors looking into 2011 should expect strong corporate profits to lift share prices even as the global economy's growth rate slows, Bank of America Merrill Lynch said on Tuesday.
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Spectrum top priority for electronics trade group

Pushing for U.S. regulatory and congressional action to free up airwaves to handle the burgeoning use of wireless devices will be the top policy initiative of the consumer electronics industry in 2011, the head of a trade group said on Tuesday.
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Fed cautious on recovery, sticks to bond plan

The Federal Reserve on Tuesday offered only a cautious nod to the economy's improving prospects as it put a spotlight on lofty unemployment and reaffirmed its commitment to buy $600 billion in bonds.
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Buyers shrug off 3D, Internet TVs

Fancy new features like 3D screens and Internet connectivity have failed to inspire U.S. television shoppers, dashing a hoped-for recovery in the global consumer electronics industry.
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Bank regulators back new capital plan

Bank holding companies would not be allowed to dip below the strict capital standards of their federally insured bank units, under a proposal issued by U.S. bank regulators on Tuesday.
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Fed cautious on recovery and sticks to bond plan

The Federal Reserve on Tuesday offered only a cautious nod to the economy's improving prospects as it put a spotlight on lofty unemployment and reaffirmed its commitment to buy $600 billion in bonds.
Fort Meade, Maryland.

Birther faces court martial

The court martial of Lt. Col. Terrence Lakin, who disobeyed orders because he believes Barack Obama is not the legal President of the United States, begins today at Fort Meade in Maryland.

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