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Foxconn says looking at investment opportunities in Brazil

Foxconn Technology Group, maker of Apple Inc's iPhone and iPad, said it is looking at investment opportunities in Brazil in line with its strategy of being where the market is, a plan that would boost its presence in a fast-growing market for electronic devices.

J&J settles bribery and kickback charges

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Johnson & Johnson on Friday agreed to pay $70 million to settle U.S. charges that it paid bribes and kickbacks to win business overseas, the first big drug company to settle since the Obama administration began its scrutiny of the industry more than a year ago.

Vodafone SFR deal reflects wider industry changes

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Vodafone's exit from France's SFR marks another step in the revamp of its portfolio and reflects how Europe's telecom giants are ditching weaker assets to achieve scale elsewhere ahead of a wave of big investments.
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EU raises euro area GDP growth forecast for 2011

EU raises euro area GDP growth forecast for 2011

Eurozone gross domestic product (GDP) will rise 1.6 percent this year, slightly above the previously forecast growth rate of 1.5 percent, the European Commission said in a report on Tuesday.
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America Movil eyes Polkomtel

Carlos Slim's America Movil may join the 4 billion euro Polkomtel auction, switching its focus away from Serbia, the company's CEO Daniel Hajj told Reuters at a telecoms trade fair on Tuesday.
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Libya's Gaddafi uses loans to flex global muscle

Libya has handed out more than $2 billion in loans to dozens of governments across the globe, according to an internal document that shows the oil exporter's diplomatic ambitions and its struggles to recover its debts.
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EU states frustrated by Paris, Berlin summit deal

Germany and France tried to win backing for a pact to strengthen the euro zone economy on Friday, but many other EU states were angered by what they saw as a 'fait accompli' and the measures contained in it.

U.S. students lag in science, tests say

In his State of the Union address last night, President Obama devoted several lines to the slumping stature of U.S. education, by our own standards and globally.

What is National Hug Day?

National Hug Day, or National Hugging Day, is an annual holidayoccurring on January 21. It is officially recognized by the United States Patent and Trademark Office. This day is also known asWeltknuddeltag 2011.
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Asian shares set for worst losses in five months

Cracks deepened in Asian equities on Thursday, with markets set to post their worst daily performance in more than five months, while the euro took a breather from its recent rally as it neared key resistance levels.

Australian Open day one review

World No. 2 Roger Federer cruised into the second round, along with Novak Djokovic and Andy Roddick while in the WTA, World No. 1 Caroline Wozniacki, Maria Sharapova, Justin Henin and Venus Williams all progressed.

Pope John Paul close to sainthood, to be beatified

The late Pope John Paul II moved a big step closer to Roman Catholic sainthood on Friday when his successor approved a decree attributing a miracle to him and announced that he will be beatified on May 1.

Pope John Paul nears sainthood, to be beatified

The late Pope John Paul II moved a big step closer to Roman Catholic sainthood Friday when his successor approved a decree attributing a miracle to him and announced that he will be beatified on May 1.

Google Wishes Indian Festival Pongal with New Doodle

Internet search giant Google Inc. has joined India's celebration of Pongal or Makar Sankranti festival with new Doodle, which has painted kites and flying balloons on its homepage. Makar Sankranti is a major harvest festival celebrated in various parts of India.

Crew under pressure to land Kaczynski plane-Russia

A plane carrying Polish leader Lech Kaczynski crashed killing all on board because the crew feared that aborting the landing due to fog would anger the president, Russian aviation officials said on Wednesday.

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