Energy costs push German inflation rate up to 2.3%

Rising energy prices pushed German inflation up to 2.3% in 2011, according to official figures from Destatis. The inflation rate compares with 1.1% in 2010 and 0.4% in 2009. It was the highest annual figure since 2008, when inflation was 2.6%. It…

China inflation rate little changed at 4.1% in December

China's rate of inflation was little changed in December, despite government efforts to rein in prices. Consumer prices rose 4.1% from the same month last year, the National Bureau of Statistics said. That is down from 4.2% in November. For the…

RBS to cut 3,500 jobs in investment bank shake-up

The Royal Bank of Scotland (RBS) has said it will cut a further 3,500 jobs, with most of them to happen this year. The cuts are part of a reorganisation and shrinkage of its investment bank. The losses, which will be split between its UK and…

Suicide Bombing Kills Afghan District Chief

Authorities in southern Afghanistan say a suicide car bomber has killed at five people, including a local district chief. Provincial officials say the governor of Kandahar province's Panjwayi district was traveling in his car with his two sons…

Taiwan President In Tough Re-Election Fight

Taiwan incumbent President Ma Ying-jeou says he is the only candidate in Saturday's election who can continue Taipei's strong and beneficial relationship with mainland China. Speaking to foreign journalists in Taipei Thursday, President Ma…

Japanese, S. Korean Nuclear Envoys Hold N. Korea Talks

Japanese and South Korean nuclear envoys held talks Thursday in Seoul, to explore further initiatives aimed at persuading North Korea to end its nuclear weapons program. The meeting between Japanese negotiator Shinsuke Sugiyama and South Korean…

Lakers beat Suns 99-83 to win 3rd in a row

Kobe Bryant scored 48 points - his fifth straight game with 25 or more - and the Los Angeles Lakers defeated the Phoenix Suns 99-83 Tuesday night to win their seventh straight at home and…

FBI Report On ODB Released, Makes Sensational Allegations On Wu Tang

The FBI records on the late Ol’ Dirty Bastard have been released and charges that the rapper was involved in a variety of illict activities as a member of the Wu Tang Clan. Gun.io obtained the records fairly easily as a request under the Freedom…

Amber Rose Forgives Kim And Kanye

A week after calling Kim Kardashian a “homewrecker” and blaming her for ruining her relationship with Kanye West, Amber Rose has forgiven the reality TV star, according to TMZ.* Rose said she felt bad about calling the reality star a “homewrecker”…

Tamara Tunie’s Ex-Accountant Sentenced to Prison

Actress Tamara Tunie’s former accountant – the one who was accused of secretly opening a credit card in her name and writing checks without her knowledge, has been sentenced to a minimum of two-and-a-half-years behind bars. Joseph Cilibrasi was…