Chinese filmmaker says Spielberg withdrawal regrettable
China's top filmmaker Zhang Yimou said Hollywood director Steven Spielberg's resignation as an adviser to the Beijing Olympics was quite regrettable, but would not affect the Games, the China News Service said.
Storm saved Mick Jagger from assassination
Rolling Stones frontman Mick Jagger only survived an assassination attempt by Hells Angels members nearly 40 years ago because a boat carrying his would-be killers was swamped in a storm, according to a new BBC documentary.
Oxiana launches $5.7 billion agreed bid for Zinifex
Australian miner Oxiana Ltd launched an agreed A$6.1 billion ($5.7 billion) takeover offer for Zinifex Ltd on Monday, looking to diversify to benefit from booming global minerals demand.
VW buys Scania stake, paves way for truck leader
German carmaker Volkswagen said on Monday it would raise its stake in Swedish truck maker Scania to 68.6 percent, a move that may lead to a merger of Scania and German truck maker MAN.
Facebook lets its users translate site into German
Facebook, the social network site that has enjoyed spectacular international growth in the past year, despite being published only in English until recently, said on Monday it was offering a German version.
China Mobile says keen on iPhone, but not in talks
China Mobile, the world's largest mobile phone operator, said on Monday it had not officially entered into talks with Apple Inc to bring iPhones to the mainland, but was interested in doing so.
Microsoft expands its Web services for businesses
Microsoft Corp, faced with Web rivals looking to poach its business customers, said on Sunday it plans to broaden the availability of its online services for e-mail and collaboration software. Last year, Microsoft started subscription-based online services to run its Exchange corporate e-mail program and SharePoint collaboration software on Microsoft's own computer systems as an alternative to customers buying their own hardware to run licensed software.
U.N. council set to approve new Iran sanctions
The U.N. Security Council is expected to adopt a third round of sanctions against Iran for its nuclear program on Monday, but diplomats said this might be the first round that is not approved unanimously.
Western observers criticize Russian election
Western observers criticized Russia's weekend presidential election on Monday saying it was not fully fair or democratic, but said its outcome broadly reflected the will of the people.
President Vladimir Putin's hand-picked candidate, Dmitry Medvedev, won the ballot by a landslide on Sunday. Russia's liberals criticized the election as a farce, saying it was stage-managed by the Kremlin from the outset.
American Axle Union Ready to Bargain; GM Halts Work at Plants
Union workers at auto supplier American Axle & Manufacturing Holdings Inc., on their fifth day of a crippling strike, are ready to bargain with the company, a union leader said on Saturday.
Microsoft E-mails Reveal Execs' Concerns at Windows Vista Launch
E-mail messages from Microsoft executives released this week reveal technical and marketing struggles the company faced in launching the Windows Vista operating system last year.
Snowflakes packed with bacteria
You may want to think twice before you let snow drops fall on your tongue the next you're out in the snow.
Study: Vitamin E linked to lung cancer
U.S. study revealed that taking daily supplements of vitamin E during a long-term period can increase cancer risk by 28 percent.
EBay sees growing risks to business in coming year
Online auction leader eBay Inc warned in an annual report on Friday that it faces difficulty getting former customers to return, adding to the normal challenge of attracting new users to its sites.
Northrop-EADS Upset Boeing in $40 Billion Air Force Tanker Deal
Northrop Grumman and Airbus parent company European Aeronautic Defence & Space Co. have won a contract which could be worth up to $40 billion to build air refueling tankers for the U.S. Air Force.
Buffett Predicts Down Year for Berkshire Hathaway
Billionaire investor Warren Buffett, told shareholders in an annual letter to expect a downturn in 2008 for Berkshire Hathaway profit despite a strong 2007.
China approves 3 new funds to support market
China's securities regulator has approved to launch three new mutual funds on Friday.
In America, Millions make you Middle-class
A Million is great in most places, but in America...
Retailers Vie for Rebate Pie
Retailers want a piece of your tax rebate. They're devising plans to get some of more than $150 billion.
Treasuries Rise on Negative Economic Signals
Treasuries rose on Friday, sending two-year yields to the lowest level in nearly four years, on new economic data which led investors to raise their expectations for a recession.
FX Summary - Feb 29
The beleaguered dollar found no reprieve against the majors, with the accelerated selling pushing the currency to fresh all-time lows against the euro, Swiss franc, 24-year lows versus the Aussie and 3-year lows versus the yen.
New portable games break traditional molds
Bizarre little creatures that look like walking eyeballs and a puzzle-cracking professor may not seem to have much in common at first glance. But they are the stars of two new vastly different hand-held video games that are winning praise for the ways they combine different genres to produce quirky new experiences.
Credit crisis throws AIG into uncharted waters
American International Group, on the heels of reporting its largest-ever loss, said on Friday the subprime crisis had thrown it into uncharted waters that were likely to remain choppy through 2008.
Clinton charged with Kenya cattle fine over Obama photo
Kenyan elders may impose a fine on U.S. presidential hopeful Hillary Clinton, payable in livestock, after a photo of her rival Barack Obama in robes dragged their people into the race for the White House.
Clinton hits Obama with ad questioning experience
U.S. Democratic presidential candidate Hillary Clinton questioned rival Barack Obama's experience in handling a national security crisis on Friday as polls showed her losing ground to Obama ahead of Tuesday's contests in Texas and Ohio.
Wall Street Falls 2 Pct, AIG Tumbles
U.S. stocks hit session lows on Friday afternoon, with the market being weighed down by a huge loss from insurance giant AIG and on fears of an economic recession, causing all indexes to fall more than 2 percent.
SMFG to Merge Firms, Be Top Japan Credit Card Issuer
Sumitomo Mitsui Financial Group on Friday laid out plans to become Japan's biggest credit card issuer, saying it would establish a new holding firm for four companies and merge three of them.
Bonds extend rally after weak Chicago PMI
U.S. government bond prices extended their rally on Friday after a much weaker than expected Chicago purchasing management report.
Oil eases to $102 after record rally
Oil fell more than $1 to stand under $102 a barrel on Friday, stepping back from a record high reached due to supply disruptions and as a weak dollar encouraged investors to buy commodities.
Wall St slides as economic gloom builds
Stocks fell on Friday after data pointed to more deterioration in the economy and the largest loss in insurer American International Group Inc's history signaled the worst was far from over for the beleaguered financial sector.Benchmark indexes sank to session lows after two widely watched surveys indicated U.S. consumer sentiment was at its lowest in 16 years and Midwestern business conditions were the weakest in more than six years.