S&P 500 eyes best week in nine
Stocks were headed for their best week in nine on Friday as the market defied calls for a pullback despite signs of rotation into defensive and lagging sectors that could intensify in coming weeks.
Britain wants international rules on cyberspace
Britain, worried about a growing threat from cyber espionage and cyber crime, offered Friday to host an international conference to tackle such issues.
Payrolls barely grow, but jobless rate plummets
Employment rose by a meager 36,000 jobs in January, far less than expected, as severe snow storms slammed large parts of the nation, but the unemployment rate fell to its lowest level since April 2009.
Suggesting A Protocol For Calling ET
If people on Earth want to talk to aliens, we may have to change our tune - or at least the way we broadcast it. And we may need a crowd to help figure out what to do.
Confusion over EU travel ban on Iranian minister
EU member states failed to relax a travel ban on Iran's foreign minister in time for him to attend this weekend's Munich security conference, but plan further discussion on whether to let him visit the bloc in future, an EU official said Friday.
Australia PM Gillard battens down for disaster fallout
Australia's cruel summer of cyclones and floods could generate a new, devastating political storm for Prime Minister Julia Gillard, who now must buck hostile public opinion to find a way to pay for the clean-up.
Thai, Cambodian troops in deadly clash near temple
Thai and Cambodian soldiers exchanged fire in a two-hour border clash on Friday that killed two Cambodian soldiers and a Thai villager, the latest in an ancient feud over land surrounding a 900-year-old Hindu temple.
Algeria opposition bent on protest despite government move
Algerian opposition groups said on Friday they would probably go ahead with a planned protest march next week despite promises from the president to heed some of their demands and allow more political freedoms.
U.S. stocks narrowly mixed amid conflicting job growth report
Dow and S&P 500 are down slightly today, as investors struggled to interperet the January jobs report from the U.S. Dept. of Labor
Zimbabwe licenses five private power producers
Zimbabwe has licensed five independent power producers whose projects are aimed at helping a struggling power sector by doubling current electricity output to 4,450 megawatts, a government minister said on Friday.
China offers Zimbabwe $3 bln for platinum -report
China has offered Zimbabwe $3 billion for vast platinum reserves, a local private newspaper reported on Friday but said the deal was likely to be rejected by the government over its terms.
Botswana-Namibia coal rail link work to start 2012
Construction of a railway line connecting Botswana's Mmamabula coal field with the Namibian port of Walvis Bay, pegged at up to $9 billion, is expected to start in 18 months, a government official said on Friday.
Namibia to oppose S.Africa customs shake-up plan
Proposed changes to revenue sharing within the Southern African Customs Union (SACU) are unacceptable because they place an unfair burden on its poorer members, a senior Namibian official said on Friday.
Aminex to raise stake in Tanzania gas block
Irish oil and gas explorer Aminex Plc said on Friday it would increase its stake in a natural gas-bearing exploration block in Tanzania through an agreement with Australia's Key Petroleum.
COLUMN: How the US can create jobs by improving China trade
Now that all the hype and the hoopla of Chinese President Hu Jintao’s visit to the United States are over, the same basic commercial question remains unanswered: How can American companies create more jobs for Americans by selling more American goods and services in China?
Outgunned by Wall St, SEC warns of fraud
Tighter budgets at the Securities and Exchange Commission could mean killing vital technology upgrades needed to catch swindlers, the agency's chief said on Friday in a blunt appeal for more funding.
S.Africa miners knock back Eskom's coal gripes
South African coal producers on Friday dismissed utility Eskom's criticism of coal quality and the power company's claims that suppliers were favouring exports over deliveries to its electricity generating plants.
S.African rand, bonds fall; stocks up for 4th day
South Africa's rand weakened to a near six-month low against the dollar on Friday, falling through key support and dragging local bonds down with it before recouping some losses as demand for longer dated paper picked up.
Uganda election war of words stokes violence fears
A war of words between Uganda's main presidential candidates escalated on Friday, sparking fears of Egypt-style street violence should the opposition say the poll was rigged.
Algeria opposition bent on protest despite govt move
Algerian opposition groups said on Friday they would probably go ahead with a planned protest march next week despite promises from the president to heed some of their demands and allow more political freedoms.
Egypt finance minister says unrest losses huge
Egypt has suffered huge economic losses during political protests that broke out 10 days ago but the government is committed to meeting its financial obligations, finance minister Samir Radwan said on Friday.
Egyptians rally for Mubarak to go now
Hundreds of thousands of Egyptians marched peacefully in Cairo on Friday to demand an immediate end to President Hosni Mubarak's 30-year rule, but there was no sign of his generals, or his U.S. allies, squeezing him out just yet.
Verizon halts iPhone sales after best first day
Verizon Wireless ended online sales of Apple Inc's iPhone on Thursday evening after what it said was the most successful first day sales in the history of the company.
Corning forecasts $10 billion in sales by 2014
Corning Inc said it would increase sales by more than 50 percent by 2014, banking on the popularity of devices such as tablets and smartphones to drive demand for its glass.
Wall Street little changed after jobs report
Stocks were little changed on Friday after January's U.S. unemployment report showed the jobless rate fell to a 21-month low, but the number of newly created jobs barely grew.
Palm Pre 2 On Verizon February 17th
Images of internal Verizon product page lists release date and price.
Hedge fund Shumway says to return investor money
Hedge fund manager Chris Shumway told investors on Friday that he is returning all of their money in a few weeks, becoming the latest prominent stock picker to essentially shut down his firm.
68 percent Americans found to be overweight as obesity becomes global epidemic
Studies published in the medical journal The Lancet, show that obesity worldwide almost doubled in the decades between 1980 and 2008.
Tyson Foods profit surges on higher meat prices
Tyson Foods Inc's quarterly earnings surged 86 percent as it sold beef and pork at much higher prices, sending its shares up 6.3 percent in premarket trading.
Investment banks square bonus circle with doughnuts
From Wall Street to the City of London, doughnuts are on the menu this bonus season.