South Korean concern as US overturns Apple iPhone ban

The South Korean government has said it is concerned about the US's move to overrule a sales ban of some older Apple and iPad models. In June, the US International Trade Commission (ITC) ruled that Apple infringed a patent of rival Samsung.…

China services sector growth steadies in July

China's services sector expanded slightly in July, an HSBC survey showed, indicating that growth in the sector had steadied. The HSBC non-manufacturing Purchasing Managers' Index (PMI) stood at 51.3, unchanged from June. A reading above 50 indicates…

US employment up by 162,000 in July

The US economy added 162,000 new jobs in July, according to the US Labor Department. The figure - which measures the number of jobs outside the US farming sector - was below economists' expectations of more than 180,000 and the government also cut…

EMANCIPATION DAY MESSAGE BY PREMIER

My fellow Turks and Caicos Islanders, today we observe August 1st as commemoration of the abolition of slavery throughout the British Empire in 1834.  I pause to first recognize the sacrifices and efforts of those who have gone before us in the…

Dell shares jump 5.5% as board agrees to new buyout offer

Dell's shares have risen 5.5% after the firm's board accepted a new buyout offer from founder Michael Dell. The latest proposal add a one-off payment of 13 cents a share to last week's $13.75 a share offer. Mr Dell, together with investment firm…

US regulators demand clamp down on Apple e-book contracts

US regulators have called for Apple to be forced to cancel certain e-book contracts with major publishers. They added Apple should be hit with a five-year ban on entering distribution contracts deemed anti-competitive. The move follows a court…

Johnson & Johnson fined in China monopoly case

The healthcare giant Johnson & Johnson has become the latest foreign company to be accused of misconduct in China. A ruling by a Shanghai court ordered the US company to pay $85,000 (£56,000) to a local distributor for violating anti-monopoly…

US in worldwide travel alert after ‘al-Qaeda threat’

The US state department has issued a global travel alert because of an unspecified al-Qaeda threat. In a statement, the department said the potential for an attack was particularly strong in the Middle East and North Africa. It comes shortly after…

Tunisian Military Launches Air Strikes on Mountain-Based Militants

Tunisian forces launched air strikes and sent in troops Friday to surround suspected Islamist militants in the mountains near the Algerian border.The military carried out the operation in the Chaambi area after fighting broke out Thursday. This is…

US Diplomat Says China Becoming More Repressive

A senior U.S. diplomat says human rights in China are deteriorating, accusing Beijing of harassing activists' families and repressing ethnic and religious minorities.   Uzra Zeya, acting U.S. assistant secretary of state, said Friday that talks this…