JPMorgan reports jump in profit
JPMorgan Chase & Co reported fourth-quarter earnings jumped, helped by narrowing losses on bad loans.
Chip sector jumps on strong Intel report and outlook
Shares in semiconductor companies jumped on Friday in Europe and Japan after strong earnings report from sector bellwether Intel, the world's largest chipmaker, defied a slowdown in PC sales.
Starbucks signs pact with India's Tata Coffee; signals foray into Indian market
World’s largest coffee chain Starbucks Corp on Thursday signed a pact with Tata Coffee Ltd, part of India’s Tata group conglomerate, and Asia’s largest publicly traded coffee grower, to source beans and explore opening retail stores in India.
Truth on 13th zodiac sign, Ophiuchus, lost in translation
The media reports on the 13th zodiac sign, Ophiuchus, and the change in astronomy, horoscope and zodiac calender sent thousands into an astrological identity crisis. However, the real meaning seems to have been lost in translation.
Sanofi hopes to win Genzyme for $76/share: report
French drugmaker Sanofi-Aventis hopes to reach a takeover deal that would value U.S. target Genzyme at around $76 per share, or some $20 billion, the French daily newspaper Le Figaro said on Friday.
China raises banks' required reserves again
China's central bank raised lenders' required reserves on Friday for the fourth time in just over two months to make good on its vow that inflation fighting will be a top priority for the year.
Stock index futures dip; eyes on Intel
U.S. stock index futures pointed to a flat to lower open on Wall Street on Friday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.02 percent and Nasdaq 100 futures up 0.04 percent at 5:11 a.m. ET.
University of Phoenix to launch dedicated school for continuing education
Apollo Group announces the launch of a school under University of Phoenix to provide ongoing education to adults and executives.
Euro flat, sheds gains after China tightening
The euro was flat against the dollar on Friday, shedding early gains posted on ECB concerns about inflation as China again raised banks' reserve requirements to cool growth rates.
China's military advances challenge U.S. power - Gates
A U.S. military presence in the Pacific is essential to restrain Chinese assertiveness, Washington's defence chief said on Friday, describing China's technology advances as a challenge to U.S. forces in the region.
Australia flood clean-up starts, tough task ahead
Australia's third-largest city started cleaning up stinking mud and debris on Friday after some of the country's worst floods on record, but in a sign of the task ahead, it could take six months to pump flood waters out of Queensland's coal mines.
Dimon, Gorman, Moynihan pitch for AIG share sale
Some of the top bankers in the United States flocked to a midtown Manhattan law firm on Thursday to make a pitch for managing what could be one of the largest share sales in history -- a secondary offering of potentially $20 billion for bailed-out insurer AIG.
U.S. again urges North Korea to meet its obligations
U.S. Defence Secretary Robert Gates on Friday held out the possibility of a resumption of six-party talks if North Korea ceases provocations and meets its obligations, but said there was no sign of it changing its ways.
Brazil death toll rises as rescuers battle floods
Rescue workers in Brazil braced for more rain on Friday as they struggled to reach areas cut off by massive floods and landslides that look certain to have killed more than 500 people.
Hacker used information on Facebook to steal nude pics from women's email accounts
Computer hacker George Samuel Bronk, 23, of Citrus heights California pleaded guilty for seven felony charges which included hacking into e-mail accounts and Facebook accounts of worn in 17 states and in England.
Euro steadier after bounce, global stocks ease
The euro paused on Friday but was still on track to post its best weekly performance against the dollar in 20 months, while Asian equity markets struggled to extend recent gains, with Japan's Nikkei retreating from an 8-month peak.
China defends yuan policy ahead of Hu's U.S. trip
China will not bow to foreign demand for faster gains in the yuan and will stick to its gradualist approach in currency reform, senior officials said on Friday, indicating Chinese President Hu Jintao may push back if President Barack Obama presses him on the issue next week.
Kelsey Grammar set to marry fiancé in February
His demand for a quickie divorce has led to his wife making allegations and demands
China says FX policy based on its national interests
China's yuan exchange rate policy is based on its own national interests, a senior Chinese diplomat said on Friday, days before a summit with U.S. President Barack Obama.
Borders close to securing refinancing: report
Bookseller Borders Group Inc told publishers in a meeting it was close to securing refinancing from GE Capital and other lenders, the New York Times reported, citing people familiar with the matter.
Starbucks signs pact to enter India
Starbucks Corp unveiled a deal that sets the stage for the world's largest coffee company to bring its iconic cafes to India, where Western-style coffee shops are increasingly popular.
Stanford ties up with IATA to offer aviation management program through distance learning
The Center for Professional Development at Stanford University has signed an agreement with the International Air Transport Association (IATA) to offer a unique distance learning program combining aviation training and management fundamentals.
Victoria’s $14k designer bag sells out
It vanished within hours from the online site
Gucci Mane gets ice cream tattoo on face
The troubled rapper and hip-hop singer gets ice cream tattoo to announce his sanity
India angry at Chinese visas for Arunachal residents
China has angered India by issuing unorthodox visas to two Indians from a border state claimed by Beijing, the latest flare-up of a territorial dispute festering between the Asian giants.
Tata Steel says will hold on to Riversdale
Tata Steel, the world's seventh-largest steel maker, said on Friday that it would hold on to its shares in Australian miner Riversdale, calling it a strategic stake.
Intel positive on PC growth in emerging Asia
Intel Corp is positive about growth in PC sales in emerging Asia, particularly in China and India, a top executive said on Friday, a day after the chip heavyweight posted market-beating revenue and margins for the fourth quarter.
Goldman Sachs raises Infosys to 'buy'
Goldman Sachs raised Infosys Technologies to buy from neutral on Friday, saying it believes a drop in the share prices offers an attractive entry point.
India Apr-Dec commodity derivatives trade up 50 pct
Turnover at Indian commodity bourses rose 50 percent to 82.70 trillion rupees ($1.83 trillion) in the first three quaters to December on surging volumes on bullion and metal counters, data from the regulator showed.
BSE Sensex down, SAIL slumps; Tata Coffee soars
The BSE Sensex fell 0.4 percent in early trade on Friday, with financials leading the decline ahead of December inflation data.
