LONDON, UNITED KINGDOM–(Marketwire – Feb 16, 2013) – Homes across Britain suffered badly last year due to the economic crisis – and with a double-dip recession expected for 2013 there”s no silver lining in sight.Energy bills are a particular source of bewilderment for most users as energy prices keep rising despite drops in crude-oil prices and many people across the country accepting wage freezes...
G20 defuses talk of "currency war", no accord on debt
Label: WorldMOSCOW (Reuters) - The Group of 20 nations declared on Saturday there would be no 'currency war' and deferred plans to set new debt-cutting targets in an indication of concern about the fragile state of the world economy. Japan's expansive policies, which have driven down the yen, escaped criticism in a statement thrashed out in Moscow by financial policymakers from the G20, which groups...
Feb
15
Report: Jerry Buss hospitalized with cancer
Label: TechnologyLOS ANGELES (AP) — Lakers owner Jerry Buss has been hospitalized with cancer, the Los Angeles Times reported Thursday.The 79-year-old Buss has spent time in the intensive care unit at Cedars-Sinai Medical Center, according to the Times, which quoted Buss' son, Jim, Thursday saying his father was "doing fine." Several current and former Lakers players, including Kobe Bryant and Magic Johnson, have...
What does Kim intend with nuclear test?
Label: LifestyleSTORY HIGHLIGHTSNorth Korea enjoys international community chatter about its nuclear programDates of nuclear test and rocket launch have significance, writes Joo Sung HaJoo works as a newspaper journalist and came from North KoreaEditor's note: Joo Sung Ha is a Seoul-based journalist for Donga Ilbo, a newspaper in South Korea. He graduated from North Korea's Kim Il Sung University and trained as a...
Tesla vs. the ‘Times’: Cars Are Now Gadgets
Label: BusinessLate Wednesday night, Tesla Motors (TSLA) issued its much-anticipated response to a scathing New York Times review of its all-electric Model S sedan. In a blog post, Tesla Chief Executive Officer Elon Musk used data logs gathered from the car to accuse reporter John Broder of outright lies. Broder, for example, complained about freezing inside the car, since he had to turn the heating system off to...
Yen firms as G20 eyed, weak Europe dampens mood
Label: WorldLONDON (Reuters) - The yen firmed on Friday as investors braced for the likelihood of more conflicting comments on currencies from the G20 meeting, while a revival in worries about global economic growth weighed on shares and commodities. The G20 forum in Moscow is in the spotlight as officials are expected to discuss whether the ultra loose monetary polices of the United States, Japan,...
Feb
14
Pistorius charged with murder of girlfriend
Label: TechnologyPRETORIA, South Africa (AP) — Oscar Pistorius has been charged with the murder of his girlfriend after model Reeva Steenkamp was shot inside the Olympic athlete's home in South Africa.Police said a 26-year-old male would appear in court later on Thursday. Police in South Africa do not name suspects in crimes until they have appeared in court but police spokesperson Brigadier Denise Beukes said that...
Where's Obama's foreign policy?
Label: LifestyleBy Isobel Coleman, Special to CNNFebruary 13, 2013 -- Updated 1653 GMT (0053 HKT)STORY HIGHLIGHTSIsobel Coleman: Obama mainly addressed domestic issues: economy, immigration, energy He spoke very little about and offered nothing much new on foreign policy, she saysColeman: He talked about ending Afghanistan War, spoke briefly about Iran, Syria, ChinaColeman: His reinvigorated free trade agenda seems...
Now You Can Shop With a Single Tweet
Label: BusinessThis week American Express (AXP) and Twitter announced a partnership to allow people to buy things by tweeting. It works like this: You sync your Amex card to your Twitter account, and then you can start making purchases by putting hashtags in your tweets that correspond with special deals Amex is offering—today as of noon, for example, a limited supply of Kindle Fires, Xbox consoles, and special...
Euro falls as German, French economies disappoint
Label: WorldLONDON (Reuters) - The euro dropped and European shares fell on Thursday as growth data from the region's two largest economies came in weaker than forecast, throwing a first quarter recovery for the bloc into doubt. The German economy, Europe's largest, contracted by 0.6 percent in the final quarter of 2012, marking its worst performance since the global financial crisis was raging in...
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