More than 70 dead in Pakistan volleyball blast
A suicide bomber in a vehicle blew himself up at a volleyball game in northwest Pakistan on Friday and a television station said more than 70 people were killed.
Opposition head Mousavi says Iran in serious crisis
Iranian opposition leader Mirhossein Mousavi said on Friday he was ready to die for his reformist campaign after a disputed election in June, defying hardline calls for his execution.
Macro hedge funds tipped for 2010
Hedge funds making big bets on currencies, commodities and equities are favoured by fund selectors in what is likely to be a more testing 2010 after a bumper year for hedge fund returns.
EPA questions New York state plan to drill for shale gas
The U.S. Environmental Protection Agency has serious reservations about allowing shale gas drilling in New York City's watershed, warning of a threat to the drinking water for 9 million people.
Kohlberg Capital sued over alleged fraud
Kohlberg Capital Corp has been sued by a Michigan investor who said the investment company taken public in 2006 by a firm affiliated with buyout specialist Jerome Kohlberg fraudulently misstated the value of its portfolio.
Fox, Time Warner Cable ink temp deal to avoid blackout
Time Warner Cable and News Corp's Fox Networks agreed to a brief extension of their current carriage contract on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like The Simpsons and college and NFL football games.
Fox, Time Warner Cable ink deal to avoid blackout
Time Warner Cable and News Corp's Fox Networks Group agreed to a brief extension of their current carriage contract late on Thursday to avoid a blackout that would have prevented 13 million U.S. homes from seeing TV shows like The Simpsons and House as well as college and NFL football games.
Washington DC sues AT&T over calling cards
The attorney general for Washington D.C. has filed a lawsuit against an AT&T Inc unit, seeking to recover consumers' unused balances on prepaid calling cards.
Five world market themes for 2010
Following are five big themes likely to dominate thinking of investors and traders in 2010 and the Reuters stories related to them.
Washington, DC sues AT&T over calling cards
The attorney general for Washington, D.C. has filed a lawsuit against an AT&T Inc unit, seeking to recover consumers' unused balances on prepaid calling cards.
Daily Wrap Up - Dec 31
Stocks soared this year; Wells Fargo's big pa day; Auto sales reprieve
North Korea says wants end to hostile U.S. ties
North Korea called for an end to hostile ties with the United States and an atomic-free peninsula in a New Year message that comes weeks after it indicated it could end its year-long boycott of nuclear disarmament talks.
CIA probes Afghan base security after bomber kills 7
The CIA vowed on Thursday to avenge the deaths of seven officers in a suicide bombing in Afghanistan and to investigate security breaches that allowed the second deadliest attack in agency history.
Wall St closes out '09 with best gains since 2003
U.S. stocks ended 2009 on Thursday with their best gains since 2003, driven by optimism about the economy's recovery and a brighter outlook for profits.
Phones, PCs to drive tech rally into 2010
As technology companies make their annual trek to Las Vegas to unveil their coolest gadgets at the Consumer Electronics Show in January, investors are laying bets on another good year for the industry.
IPO VIEW-Chinese companies best and worst of 2009
Chinese initial public
offerings were some of the best U.S. performers of 2009, but
also some of the worst, which could make underwriters of these
deals more cautious in 2010
Obama summons intel chiefs for Washington talks
President Barack Obama Thursday summoned U.S. intelligence chiefs to a meeting next week to discuss how to prevent a repeat of the attempted bombing of a Detroit-bound airliner on December 25.
Hong Kong IPO Pipeline - Dec 31
The following are some of the
major companies planning initial public offerings on the Hong
Kong stock exchange
Investor sues Camulos hedge fund for $67 mln
Camulos Partners LP, launched by a former Soros Fund Management trader, was sued by an investor seeking to recover $67 million that was unlawfully seized, according to a Delaware court filing.
India mobile number portability by March 2010
India will introduce mobile number portability across the country by March 31, 2010, pushing back its introduction by up to 3 months in parts of the country, the government said in a statement on Thursday.
Pet startup needs to get more social (media)
Entrepreneurs Tina Cannon and Christi Scovel have developed a great way to connect pet owners with veterinarians, but they need to get much more involved in social media in order to get people flocking to their website (PetsMD.com), said experts.
PepsiCo reveals forecast bottler used for merger
PepsiCo Inc (PEP.N) made public on Thursday a financial forecast prepared by PepsiAmericas Inc (PAS.N) when considering PepsiCo's unsolicited $7.8 billion takeover bid for its two largest bottlers.
Anesiva says to seek bankruptcy after deal fails
Anesiva Inc (ANSV.O), a developer of pharmaceutical products for chronic pain, said on Thursday it will file for bankruptcy after it was unable to complete a proposed merger with Arcion Therapeutics Inc.
Jobless claims hit 17-month low
The number of U.S. workers filing new applications for jobless benefits unexpectedly fell last week to the lowest level in about 17 months, suggesting the economy might be on the cusp of creating jobs.
Time Warner Cable, Fox at impasse; blackout looms
About 13 million Time Warner Cable Inc subscribers were to lose most Fox programing at midnight on Thursday unless the cable service provider reached a last-minute deal to pay fees to News Corp to broadcast the shows.
Wall St ends 2009 with best gains since 2003
U.S. stocks ended 2009 on Thursday with their best gains since 2003, with optimism about the economy's recovery pushing the benchmark Standard & Poor's index up 23.5 percent for the year.
Tech Round Up: Technology not as advanced by 2010 as some had hoped
Despite iPods, genetic sequencing, the Internet and Twitter, nearly a third of Americans said they thought there would be more technological advances by the year 2010.
Strong hedge gains help end '09 on high note
For hedge funds, 2009 will be remembered as one of the industry's best ever -- a year when managers delivered strong gains after 2008's drubbing and investors returned to the fray with new money.
U.S. auto sales may end bleak 2009 on minor uptick
U.S. auto sales are expected to end 2009 on a slight upswing in December, capping a year that saw General Motors and Chrysler collapse into bankruptcy and China overtake the United States as the biggest car market.
Hedge fund strong gains help end '09 on high note
For hedge funds, 2009 will be remembered as one of the industry's best ever -- a year when managers delivered strong gains after 2008's drubbing and investors returned to the fray with new money.