IBT Staff Reporter

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England seize control at Adelaide

England seized control with a superb bowling performance against Australia on the first day of the second Ashes test at the Adelaide Oval as James Anderson's 4-51 reduced Australia to their worst start to a test innings in 60 years as they were dismissed for 245.

WikiLeaks moves site to Switzerland amid U.S. fury

WikiLeaks moved its website address to Switzerland on Friday after two U.S. Internet providers ditched it in the space of two days, and Paris tried to ban French servers from hosting its database of leaked information.

Payrolls barely rise, jobless rate jumps

U.S. employment barely grew in November and the jobless rate unexpectedly hit a seven-month high, hardening views the Federal Reserve would stick to its $600 billion plan to shore up the fragile recovery.

Wikileaks back online with new 'Swiss' address

Whistle-blower website Wikileaks was back online Friday afternoon with a new address from Switzerland. Web users trying to access the new website are being directed to a page with the URL http://213.251.145.96/, suggesting that the group has been unable to find a new hosting provider.

Best Buy Offers Free Smartphones Through December

As the holiday shopping season is underway, Best Buy Mobile, the mobile specialty retail unit of Best Buy Co. Inc. (NYSE:BBY), will be offering a minimum of four free smartphones every day through December.

China declares shift to prudent monetary policy

China will switch to a prudent monetary policy from a moderately loose stance, the Communist Party's top leaders decided on Friday, a change that could pave the way for more interest rate increases and lending controls.

SAP open to expanding cooperation with HP: paper

German business software maker SAP is open to intensifying its existing cooperation with Hewlett-Packard Co, its co-CEO told a German paper, but dismissed talk HP may be interested in the company.

Mobile firms seeing ads coming to handsets

The long awaited uptake of the potentially lucrative mobile advertising market by advertisers and consumers has actually started to happen, companies from Canada, Egypt and Poland said on Friday.

Berkeley confident of beating FY view, house sales rise

U.K. homebuilder Berkeley Group said it was confident of outperforming its full-year expectations, saying there is an underlying demand for the well-located, quality homes developed by Berkeley in London and the South East.

Wall St to test 2-year high on jobs data

Wall Street's largest two-day rally in three months will be tested by jobs data on Friday, with some in the market predicting a strong report that will push the S&P 500 to a fresh two-year high.

Big Lots profit misses Street, cuts Q4 outlook

Big Lots Inc's quarterly profit missed market expectations by a penny as the close-out retailer spent more to prepare for the holiday season, and the company cut its outlook for its crucial fourth quarter.

India's TCS opens BPO shop in Manila, Philippines

India’s number one software services company Tata Consultancy Services (TCS) has opened a business process outsourcing facility in the Philippines following the path of India-based BPO companies which have operations in that country.

Futures flat ahead of payrolls data

Stock index futures were little changed on Friday, following Wall Street's biggest two-day rally in three months and ahead of key labor market data that will show whether the economic recovery is on track.

Wikileaks website 'killed' Worldwide

Whistle-blower site Wikileaks has been killed Worldwide. Servers in the United States have killed the site's domain name after they claimed mass attacks. The withdrawal of the domain name implies that the website has been shutdown across the World. A twitter message of the website posted on Friday confirms the reports.

ECB bond buying steadies euro markets for now

Financial markets steadied on Friday as the European Central Bank continued to buy euro zone government bonds in moderate amounts to counter a destabilizing rise in peripheral countries' borrowing costs.

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