AOL shares jump on advertising revenue

Shares in AOL have jumped 22% after the US internet firm reported a sharp rise in advertising revenues. Advertising sales jumped 7% to $340m (£212m), boosting net profit for the third quarter to $20.8m, compared with a loss of $2.6m a year ago.…

President Barack Obama wins re-election

President Barack Obama has been re-elected to a second term, defeating Republican challenger Mitt Romney. With results in from most states, America's first black president has secured the 270 votes in the electoral college needed to win the race. Mr…

David Cameron attacks ‘ludicrous’ EU budget increase

David Cameron has attacked a 'ludicrous' proposed rise in the EU budget in advance of talks with German Chancellor Angela Merkel. The leaders are due to discuss the issue at Downing Street later. Mr Cameron has indicated he wants a freeze and he is…

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French gays’ ‘marry and adopt children’ bill considered

Plans to legalise same-sex marriage and allow gay couples to adopt are to be discussed at a meeting of the French Socialist government. France already allows civil unions between same-sex couples, but it was a campaign pledge of President Francois…

India and Canada finalise conditions of nuclear deal

India and Canada have finalised the terms for their nuclear deal, paving the way for Canadian firms to export uranium to India. Once implemented, the deal is likely to provide a boost to India's plans to increase its nuclear capacity to meet growing…

British officials planning talks with Syrian armed groups

Downing Street says Britain is to begin talks with armed Syrian rebels in a bid to unite the opposition to the regime of President Bashar al-Assad. The announcement came as David Cameron arrived in Jordan on the latest stage of his visit to the…

Wreck-It Ralph scores big at North American box office

Disney animated film Wreck-It Ralph has scored an impressive weekend at the US box office with $49.1m (£30.7m) in ticket sales. The movie, about a video game villain who tries to become a hero, earned almost twice as much as the number two movie,…

Jay-Z, Opening for Obama, Puts Romney in Lyrics

Jay-Z has a fix for his lyrics that meets parental guidance requirements — and President Barack Obama’s approval. The rapper and producer performed his hit “99 Problems” as he and Bruce Springsteen opened for an Obama rally in Columbus, Ohio. He…

Backstreet Boys release new Christmas song: Listen here (and get filled with joy)

Christmas has come early for your inner 13-year-old! In anticipation of the holidays, the Backstreet Boys have released a new Christmas song, and, if you’re anything like yours truly, the tune will fill you with the cheer that you and  Nordstroms…