Iraq awards oil deals, but no boon for U.S. invaders
The United States spent blood and treasure on an Iraq invasion critics said was for oil, but U.S. oil majors were largely absent from an Iraqi auction of oil deals snapped up instead by Russian, Chinese and other firms.
Philippines hostages likely to be freed soon
Tribal gunmen holding 46 hostages in the southern Philippines have reached an agreement with negotiators and will free all those in captivity, a government spokesman said on Saturday.
Iraq sees foreign interference in elections
Regional countries are trying to influence Iraq's upcoming elections but a coalition government is the mostly likely outcome, the foreign minister said on Saturday.
Thai authorities hold crew of plane after arms find
Thai security forces seized more than 35 tonnes of arms from a cargo plane and arrested five crew members after the aircraft made an emergency landing to refuel at a Bangkok airport, officials said on Saturday.
Worldwide rallies urge strong U.N. climate deal
Tens of thousands of climate activists staged a colourful rally in Copenhagen Saturday to urge negotiators at U.N. talks to agree a strong deal to fight global warming in a worldwide Day of Action.
Iraq aims to power out of war into oil big league
Iraq, emerging from the shadows of war, expects to boost its oil output to rival the level of top producer Saudi Arabia after awarding some of its most attractive oilfields to global energy companies this week.
U.S., Japan reach open skies pact
The United States and Japan reached a landmark aviation agreement on Friday, a deal that eases barriers to passenger and cargo services and opens up the possibility for stronger alliances, officials said.
Obama argues for strong financial watchdog agency
President Barack Obama defended on Saturday a consumer watchdog agency the financial industry wants to weaken or strip from legislation that would strengthen the regulation of Wall Street.
Michael Jackson to get lifetime achievement Grammy
Singer Michael Jackson next month will receive a posthumous Grammy for lifetime achievement, along with six other artists, organizers of the music industry's top awards said.
Tiger Woods taking break from golf, admits infidelity
Tiger Woods said on Friday he would take an indefinite break from professional golf, admitting he cheated on his wife and bowing to the pressure of two weeks of frenzied media scrutiny of his private life.
Complicated simplifies mature romance
It's Complicated is a middle-aged sex comedy but with more rom-com urges than farcical ones. It's from writer-director Nancy Meyers, who has found a comfort zone in gentle, even warm comedies about older adults facing complications that re-direct their lives into pleasantly unexpected emotional channels. Complicated forges ahead with these themes. Because no one else in Hollywood seemingly mak...
'Twilight' studio to distribute Polanski film
The Hollywood studio behind the Twilight teen franchise said on Friday it has acquired North American rights to distribute jailed director Roman Polanski's latest film, The Ghost Writer.
Taylor Swift reflects on 'crazy dreams' come true
To say Taylor Swift had a remarkable year would be a comic understatement.
Sawyer move to evening alters TV news landscape
Diane Sawyer is changing the landscape of American broadcast television news and is likely hoping history won't repeat itself when she becomes the second woman to solo anchor a major evening news program.
Mariah Carey announces Angels tour dates
Mariah Carey, who hasn't toured in more than three years, will embark on a national Angels Advocate trek beginning December 31 at Madison Square Garden in New York, and wrapping February 27 at the Pearl Concert Theater in Las Vegas.
Teen actress Saiorse Ronan carries heavy roles lightly
Irish actress Saoirse Ronan was only 13-years-old when she took the part of a murdered girl who watches over her grieving family in The Lovely Bones. But even at such a young age, she never once worried about playing a dead person.
Tiger Woods admits to 'infidelity', takes 'indefinite break' from golf
Golfer Tiger Woods Friday evening admitted to infidelity in a statement on his website and announced that he will take an indefinite break from professional golf.
China's Hu boosts energy ties with Central Asia
Chinese leader Hu Jintao opened the Kazakh section of a new Central Asia-China gas pipeline on Saturday, tightening Beijing's control over natural resources in the vast energy-rich region.
Iran needs up to 15 nuclear plants - foreign minister
Iran needs up to 15 nuclear plants to generate electricity, its foreign minister said on Saturday, underlining Tehran's determination to press ahead with work the West suspects is aimed at making bombs.
Avatar sets audiences on epic, visual ride
James Cameron's long-awaited Avatar, one of the most expensive films ever made, takes off this week in an awe-inspiring display of Hollywood power that has revolutionized cinematic special effects.
U.S. froze $2 billion held for Iran in Citibank: report
A U.S. court last year secretly froze more than $2 billion allegedly held for Iran in Citigroup Inc accounts, the Wall Street Journal reported on Saturday, citing legal documents.
Questions surround Woods' future as marketing star
Tiger Woods' decision to withdraw from professional golf due to a sex scandal raised questions Friday about his future as a magnet for corporate sponsors, with AT&T saying it was evaluating its ties.
U.S., Japan reach open skies aviation pact
The United States and Japan reached a landmark aviation agreement on Friday, a deal that eases barriers to passenger and cargo services and opens up the possibility for stronger alliances, officials said.
U.S.,Japan reach open skies aviation pact
The United States and Japan reached a landmark aviation agreement on Friday, a deal that eases barriers to passenger and cargo services and opens up the possibility for stronger alliances, officials said.
Regulators shut three more banks
U.S. regulators closed Republic Federal Bank, N.A., SolutionsBank and Valley Capital Bank on Friday, bringing the total number of bank failures so far this year to 133, the Federal Deposit Insurance Corp said.
Punitive contracts could harm U.S.-Northrop
Industry, Congress and the Pentagon must jointly tackle cost overruns and schedule delays in weapons procurement because simply imposing punitive contract terms is not the right answer, Northrop Grumman Corp Chief Executive Ron Sugar told Reuters on Friday.
Regulators close Republic Federal bank
Republic Federal Bank, N.A. was closed by regulators on Friday, bringing the total number of bank failures so far this year to 131, the Federal Deposit Insurance Corp said.
Citigroup sued by Terra Firma over EMI deal
Private equity firm Terra Firma sued Citigroup Inc, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed.
US gold hits 4-wk low as dollar rises on data
New York gold futures hit a four-week low Friday, reversing initial gains as a resurgent dollar following upbeat U.S. economic data sent jittery bullion investors racing to cut positions.
Citigroup sued by Terra Firma over EMI deal: report
Private equity firm Terra Firma sued Citigroup Inc, accusing the bank of fraud in connection with Terra Firma's purchase of music business EMI Group in 2007, court documents filed on Friday in New York showed.