February 4, 2013
Obama Calls for Balanced Approach on the Economy
U.S. President Barack Obama has called on lawmakers to work together on a balanced approach to reduce the deficit and promote economic growth.The president said in his weekly address Saturday it is "critical to cut spending." He said, however, "we…
February 4, 2013
Plane crash off Venezuela; 1 killed
A small plane crashed into the sea off Venezuela's coast on Saturday, leaving one person dead and five survivors who were rescued and brought to shore.The twin-engine Beechcraft BE-58 went down east of the coastal city of Cumana in the Gulf of…
February 4, 2013
Beyonce delivers at Super Bowl show
Beyonce sang like she had something to prove at the Super Bowl, balancing out the testosterone levels on the football field with a dance-heavy performance that featured her Destiny's Child band mates and an all-female band. She emerged onstage…
February 3, 2013
Google boss Schmidt labels China an ‘IT menace’
Google Chairman Eric Schmidt uses a new book to call China an Internet menace that backs cyber-crime for economic and political gain, reports say. The New Digital Age - due for release in April - reportedly brands China "the world's most active and…
February 3, 2013
Pound sees biggest one-day fall against euro since 2010
The pound has continued to weaken against the euro, seeing its biggest one-day fall in almost three years, on continuing signs that the worst may be over for the eurozone economy. At one point on Friday, sterling fell 1.8% against the single…
February 3, 2013
Iraq violence: Suicide attack on Kirkuk police HQ
A suicide bomber and gunmen have attacked a police headquarters in the northern Iraqi city of Kirkuk. Unconfirmed reports say 30 people have been killed and 70 injured. A city official told AFP news agency that militants had tried to seize the…
February 3, 2013
Barclays bank chief Antony Jenkins to waive bonus
The chief executive of Barclays bank, Antony Jenkins, is to waive his bonus for last year. He said it would be wrong for him to receive a bonus, given what had been a "difficult" year for Barclays. It is thought Mr Jenkins was in line to receive…
February 3, 2013
Eurozone manufacturing ‘on course’ for return to growth
The contraction of manufacturing across the eurozone slowed in January amid signs that the worst may be over, according to a survey. The Markit Purchasing Managers' Index rose to 47.9, from 46.1 in December. The index has been below the 50 mark that…
February 3, 2013
Twitter Hit by Cyber Attack
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February 3, 2013
Abu Sayyaf militants release two hostages in Philippines
Islamist militants in the Philippines have released two Filipino members of a TV crew, who were kidnapped last June. Ramel Vela and Roland Letriro have been taken to a hospital in the southern Sulu province after their release. It is unclear why the…