Instagram sued over contract changes
A lawsuit is seeking to stop Instagram from changing its terms of service, saying the Facebook-owned smartphone photo-sharing service is breaching its contract with users.
25 December 2012 19:03
US stocks lower on 'fiscal cliff' pessimism
US stocks slid during a shortened Christmas Eve session Monday amid pessimism about prospects for a "fiscal cliff" deal by the end of the year.
25 December 2012 15:55
Iraq agrees to extend oil pipeline through Jordan
Iraq and Jordan agreed on Monday to extend an oil pipeline to the Red Sea city of Aqaba for the export of Iraqi crude, Prime Minister Nuri al-Maliki said after a fleeting visit to Amman.
Vietnam seeks economic boost with fresh rate cuts
Vietnam on Monday cut its key interest rates for the sixth time in 2012 in an attempt to boost an economy growing at the weakest pace in more than a decade.
Belize PM says debt deal reached with creditors
Belize has reached a deal in principle with creditors to restructure about half of its unpaid debt after "long and arduous" talks, allowing the country to avoid default.
24 December 2012 10:23
ConocoPhillips sells off Nigerian operation
US energy giant ConocoPhillips has agreed to sell its Nigerian operations to growing African group Oando for 1.79 billion dollars (1.35 billion euros).
US shooting fuels bullet-proof backpack sales
On the heels of the deadly shooting tragedy in Connecticut, parents' anxiety is driving a surge in sales of bullet-proof backpacks, in the hope the armored bags can give their kids a safety edge.
20 December 2012 18:25
Apple "pinch-to-zoom" patent deemed invalid
A filing Wednesday in a high-stakes legal battle between Samsung and Apple revealed that a "pinch-to-zoom" patent central to the case has been deemed invalid.
20 December 2012 17:14
Christmas debt boons for Greece but risks remain
Greece opened its Christmas stockings early this year with an unexpected debt rating boon and European Central Bank support but analysts warn that risks remain in the troubled nation's fragile fiscal recovery.
20 December 2012 15:35
Obama, Boehner spar on fiscal cliff, deal may go to wire
US President Barack Obama and House Speaker John Boehner dueled over the fiscal cliff Wednesday, and despite narrowing differences remained stubbornly at odds over how to avoid looming tax hikes and spending cuts.