EU court: insurers can't use gender to assess risks
Insurers cannot take gender into account as a risk factor in the costs and payouts from annuities and retirement savings as well as accident cover, the European Union's top court ruled on Tuesday.
Of Cats, Internet and Charlie Sheen
Internet is buzzing with responses to Charlie Sheen's latest row with new interviews and more statements inspiring LOLcats, parodies and animated videos on blogs, Twitter and Youtube.
Honda, Subaru make best vehicles while Ford gains: report
Honda and Subaru still make the best vehicles overall, but Ford posted the largest gain in the past year, improving in its road-test and reliability scores, Consumer Reports said. Newer models such as the Flex SUV pumped up Ford's overall road-test score.
Stock index futures point up; Bernanke eyed
U.S. stock index futures pointed to a higher open on Wall Street on Tuesday, with the Dow Jones industrial average <.DJI>, the S&P 500 <.SPX> and the Nasdaq Composite <.IXIC> all rising 0.6 percent.
Panasonic says has dropped game development project
Consumer electronics giant Panasonic Corp said on Tuesday it had dropped development of a handheld online gaming device that had been tentatively named Jungle.
Groupon enters China
U.S.-based discount coupon site Groupon.com has launched a group-buying site in China, called Gaopeng.com.
Arizona State University partners with Mayo Clinic for advancements in medical practice and research
A couple of recent partnerships between Arizona State University (ASU) and institutions dedicated to healthcare research is expected to herald significant advancements in medical education, research and practice.
China, India PMIs show inflation pressures
Costs for Chinese and Indian factories jumped in February, pointing to a need for more measures to prevent inflation from undermining the world's two fastest-growing economies, surveys showed on Tuesday.
'Baby Gaga' human milk ice-cream seized over safety concerns
An ice cream - named Baby Gaga- made from human breast milk is said to have been seized from a London parlor by local authorities over safety concerns.
Oil rises on supply concerns; world stocks up
Oil prices rose back above $112 a barrel on Tuesday due to concerns over unrest in the Middle East, though stock markets shrugged off the move, preferring to focus on optimism over the outlook for the U.S. economy.
February auto sales seen up but oil risk looms
U.S. auto sales are expected to show a gain of about 20 percent from the still-depressed levels of a year earlier in February, but the recent rise in oil prices could slow or even derail the industry's recovery, analysts and industry executives say.
Charlie Sheen spills on drugs, rehab, 'Men', women in latest interviews
Embattled 'Two and a half men' star Charlie Sheen spills the beans on drugs, rehab, 'Men', women in the latest installments of interviews with TMZ, CNN's Piers Morgan, 'The Today Show' and ABC's 20/10.
Bernanke to tread cautiously before Congress
Federal Reserve Chairman Ben Bernanke will likely remain skeptical about the strength of the economic recovery in testimony on Tuesday, despite recent data pointing to improvement, signaling the central bank is unlikely to cut short its $600 billion stimulus plan.
10,000 square foot marijuana store opened in Sacramento
A retail store, dubbed the 'Wal Mart of weed' has thrown open its doors in Sacramento with how-to experts and merchandise to help medical marijuana patients grow pot.
BSE Sensex to rise; autos in focus
The BSE Sensex is expected to open higher on Tuesday, tracking firm Asian equities, and after the finance minister said he expects the economy to grow by nearly 9 percent in the next fiscal year.
Budget mum on fuel taxes, sparks price rise talk
India's budget belied expectations of cuts in fuel taxes on Monday, denying any relief to state-run oil firms but boosting chances of a planned ministerial meeting taking up the issue of raising prices soon.
IOC says petrol prices should be hiked
Indian Oil Corp, the country's biggest fuel retailer, said on Tuesday there was a need to raise petrol prices, a day after the federal budget failed to announce any measures to stem revenue losses of state oil firms.
University of California scientist puts a price tag on planet Earth
Greg Laughlin, an astrophysicist from the University of California at Santa Cruz has evolved a formula to come up with a monetary valuation for planets in the Universe, according to which planet Earth is the most expensive at 3000 trillion pounds, or almost $5000 trillion!
FDIC calls for big bank restructuring
America's big international banks may have to restructure and downsize their operations now, unless they can prove they will be easy to dismantle in another financial crisis, said U.S. regulator Sheila Bair.
Asia stocks rise and China manufacturing slows
Asian stocks rose in early trade on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.
Asia stocks rise, China manufacturing slows
Asian stocks rose in early trade on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.
General Mills, Nestle lead bidders for Yoplait: report
General Mills Inc and Nestle SA are among leading candidates to buy a 50 percent stake in French yogurt maker Yoplait, Bloomberg said on Monday, citing people familiar with the process.
Blackstone buys Centro's U.S. malls for $9.4 billion
Private equity firm Blackstone Group LP has bought nearly 600 U.S. shopping malls from Australia's debt-laden Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.
Japan job availability at 2-year high; recovery widens
Japan's jobless rate held steady in January and the availability of jobs improved to a two-year high, adding to signs that the economy is gradually recovering from stagnation.
Top 4 Citi execs get $42.2 million in 2010 compensation
Citigroup Inc has paid four of its top executives, excluding Chief Executive Vikram Pandit, a combined $42.2 million in 2010 compensation, according to a regulatory filing filed on Monday.
Japan camera prettifies subjects, even adds makeup
Photos are everything for Yuka Obara, a well-known Japanese blogger who insists anything showing her online be picture-perfect -- especially because it's hard these days to delete poor-quality photos once on the web.
Make money and do good is the new corporate buzz
Admitting you are making money by doing some good in the world is no longer a dirty little secret, it's called creating shared value -- the new catch phrase in corporate and philanthropic circles.
Citigroup withdraws from MBIA restructuring case
Citigroup Inc on Monday withdrew from lawsuits challenging MBIA Inc's 2009 restructuring, leaving 11 other companies to pursue claims against what was once the world's largest bond insurer.
Blackstone acquires Centro's U.S. property assets for $9.4 bln
Private equity firm Blackstone Group LP has acquired 588 U.S. shopping mall assets from Australia's debt-laden property group Centro Properties for $9.4 billion in one of the biggest global property deals since the credit crisis.
Ex-SocGen trader sentenced to 3-year jail term
A jailed former Societe Generale trader convicted of theft of speed-trading computer code secrets was sentenced to 36 months in prison on Monday.