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Gold rises towards $1,425/oz after U.S. payrolls

Gold rose toward $1,425 an ounce on Friday as U.S. February payrolls data supported expectations the Federal Reserve will hold off tightening monetary policy and as unrest in North Africa continued.
Galleon hedge fund founder Rajaratnam departs federal court in New York

Courtroom showdown in Galleon trading probe

A sweeping insider trading case that shook the hedge fund world is finally set for trial, with onetime billionaire Raj Rajaratnam fighting to stay out of prison in a courtroom drama over corporate secrets, tapped telephones and friends-turned-government witnesses.

The World’s Most Flirtatious Cities (SLIDESHOW)

Social networking site Badoo.com has published a unique ranking of cities based on the number of online flirtations initiated per month by the average Badoo user in each of these. Take a look here at the numero uno as well as some of the other cities that have made it to the top 10 in the League.
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Hard time for Iraqi refugees in weak U.S. job market

Fleeing after years of war in Iraq, many refugees arriving in the United States can't find the jobs they need to rebuild their lives. Unemployment among Iraqi refugees is estimated at nearly three times the national average of 9 percent, and up to 2,000 of those who arrived in the past four years may have left for other countries.
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SPDR gold holdings drop for fifth month in February

Holdings of the world's largest gold-backed exchange-traded fund, the SPDR Gold Trust, fell for a fifth consecutive month in February, data from the New York-based fund showed, the longest run of outflows since the trust's inception.
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Northern Irish software firm creates 360 jobs

A Northern Ireland software company that supplies services to major financial institutions said on Wednesday it was creating 360 new jobs, a rare piece of good news in an economy squeezed by public services cuts. First Derivatives, based in the border city of Newry and currently employing 550 people, is to expand using 4.3 million
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Entrepreneurs powering Cleveland makeover

Aaron LeMieux grew up hearing his native Cleveland used as the punchline for jokes such as the mistake on the lake. But the city is attempting to shake its downtrodden image - enhanced by a history of sporting futility - and entrepreneurs like LeMieux are leading the charge.
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Gold holds at record high as Mideast simmers

Gold prices held just below the previous session's record high in Europe on Wednesday, as the acceleration of global inflation and the threat that violence in the Middle East and North Africa will spread supported interest in the metal as a haven from risk.

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