US economy creates 243,000 jobs in January

The US economy created 243,000 jobs in December, the highest total for nine months, official figures show. The rise was much more than expected. Analysts had forecast an increase of about 150,000 jobs. The unemployment rate dropped to 8.3%, which…

Eurozone service sector grows after four-month lull

The eurozone's service sector has grown for the first time in four months, although Spain and Italy have continued to post falls in business activity. The Markit eurozone services purchasing managers' index (PMI) was 50.4 in January, up from…

UK service sector sees strong growth, PMI figures show

The UK's dominant service sector grew at its fastest rate since March 2011 in January, according to a key survey. The Markit/CIPS services purchasing managers' index (PMI) rose from 54 to 56. Any figure above 50 indicates growth. Markit also…

Motorola makes Apple pull iPads and iPhones in Germany

Apple has pulled several iPad and iPhone models from its German online store after Motorola Mobility enforced a patent injunction against its rival. The move follows a December ruling that Apple had failed to license one of Motorola's wireless…

Megaupload co-founder’s bail appeal rejected by court

Megaupload founder Kim Dotcom's bail application appeal has been rejected in New Zealand. The High Court in Auckland said it agreed with an earlier ruling that Mr Dotcom - a German national - might try to flee the country. The file-sharing site…

More Cairo clashes after Port Said football deaths

Protesters have clashed with security forces in Egypt's capital Cairo for a second day, amid anger over the deaths of 74 football fans on Wednesday. Police fired tear gas at stone-throwing crowds outside the interior ministry. A soldier died from…

Iran ‘Will Retaliate’ Against Sanctions or Attack

Iran's Supreme Leader Ayatollah Ali Khamenei warned Friday that Iran will retaliate against Western-backed oil sanctions and threats of attack, as media reports say U.S. Defense Secretary Leon Panetta fears Israel could strike Iran in the next…

2 British Vacationers Die of Legionnaires Disease in Spain

Two elderly British men vacationing in Spain have died from Legionnaires disease. A British-based vacation booking company says three others who stayed at the Diamante Beach Hotel in the eastern town of Calpe are being treated at a Spanish…

UN: Somalia Famine Over, but Millions Still Need Food Aid

The United Nations has officially declared an end to the famine in Somalia, but warns that nearly a third of the war-torn country's population is still in need of food aid. The U.N. Food and Agricultural Organization (FAO) said Friday that…

Philippine Troops Search for Bodies of Slain Militant Leaders

The Philippine military says it has not recovered the bodies of three senior Islamist militants killed Thursday in a U.S.-backed air raid on the remote southern island of Jolo. A military spokesman says troops were still searching the jungle camp…