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HSBC may sell U.S. cards as targets $3.5 billion in costs

HSBC is to streamline its wealth management business, retreat from retail banking in some countries and may sell its U.S. credit cards arm as new CEO Stuart Gulliver attempts to cut $3.5 billion in costs and revive flagging profits.
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HSBC may sell US cards as targets $3.5 billion in costs

HSBC is to streamline its wealth management business, retreat from retail banking in some countries and may sell its U.S. credit cards arm as new CEO Stuart Gulliver attempts to cut $3.5 billion in costs and revive flagging profits.
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Warner Music beats estimates on digital sales

Warner Music Group, which is being bought by billionaire Len Blavatnik's Access Industries, reported a narrower-than-expected quarterly loss, helped by a 9 percent jump in digital revenue.
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Zynga buys iPhone game engine development team

Zynga Inc is hiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel and Tap Zoo in a move that will help the social games company boost its presence on smartphone and tablets.

U.S.-Pakistan Agreed to Bin Laden-Style Raids: Report

Anonymous current and former officials from the U.S. and Pakistan are bringing their stories to the public through the UK's Guardian, in which they say the government's leaders struck a deal nearly 10 years ago that gave the United States the right to unilaterally go into Pakistan and get the top three al-Qaeda leaders.
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Zynga acquires iPhone game engine development team

Zynga Inc is acquiring two key developers of cocos2d, a popular game engine that powers top grossing iPhone apps such as Tap Pet Hotel, and Tap Zoo, in a move that will help the social games company boost its presence on smartphone and tablets.

Anish Kapoor unveils 'Leviathan' at Monumenta

Anish Kapoor is renowned for his monumental idiosyncratic sculpture forms of grandiose proportions, which leave viewers in a state of astonishment, and his current exhibition should be no exception. From May 11 - June 23, Kapoor's 'Leviathan' will be shown in Paris, at Monumenta 2011.
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OECD indicator flags improved outlook in China, U.S.

The growth outlook in major industrialized nations is diverging with activity improving in North America, China and Russia and moderating in most European countries, the OECD's leading indicator for March showed on Monday.
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Barclays, HSBC hit by compensation capitulation

British banks gave up a fight over compensating customers wrongly sold insurance, forcing Barclays Plc and HSBC to take a combined hit of more than $2 billion in the latest blow to the industry.
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Downturn hands Glencore investors pricing power

European mutual fund managers sense an opportunity to drive down the price of Glencore International's bumper $11 billion listing, as fears of slowing global economic growth rattles commodity markets.
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Forget iPhone, PaperPhone is the future!

Researchers at the Queen's University Human Media Lab in Kingston, Ontario, have invented a device they hail as the 'future of the phone'. The PaperPhone, as it is called, is made of extremely thin film, and has a flexible electronic display.
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Amal al-Sadah, Bin Laden's 5th wife: The full story

Osama bin Laden chose his fifth wife Amal al-Sadah from Yemen, the land of his ancestors. She married the terror leader at the age of 17 and lived with him till his last day. She was with him in his final moments, either willingly trying to act as a human shield or pushed in front by her cowering husband.

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