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US fiscal cliff deal boosts world markets World markets soared Wednesday after a tense New Year break, relieved after US lawmakers agreed a last-minute deal to avert massive tax hikes and pull their nation back from the fiscal cliff.

03 January 2013

'Skyfall' joins Oscar runners in US producers' nods Bond blockbuster "Skyfall" joined already Oscar-tipped films like Steven Spielberg's "Lincoln" and Iran spy drama "Argo" on the Producers Guild of America best film shortlist

03 January 2013

Obama signs 'fiscal cliff' bill into law President Barack Obama has signed into law a contentious compromise bill hammered out in Congress that narrowly averted the US 'fiscal cliff of tax hikes and drastic, immediate cuts in spending.

03 January 2013

Pentagon welcomes fiscal deal, warns against cuts US Defense Secretary Leon Panetta on Wednesday welcomed a deal to avert automatic budget cuts that would have slashed military spending and caused "damaging" consequences.

03 January 2013

Amazon fends off Apple claim to "Appstore" name A federal judge on Wednesday rejected Apple's claim of false advertising for Amazon.com to refer to its online shop for mobile gadget applications as an "app store."

03 January 2013

'Hobbit' fights off rivals atop New Year US box office "The Hobbit: An Unexpected Journey" fought off all comers at the North American box office over the New Year holidays, beating two Oscar-tipped movies to the top spot.

03 January 2013

Clinton out of hospital, keen to resume work US Secretary of State Hillary Clinton left a New York hospital late Wednesday after three days of treatment and is expected to make a full recovery from a rare blood clot in her head.

03 January 2013

Oil down as euphoria over fiscal cliff deal fades Oil prices were down in Asian trade Thursday as the initial euphoria over the fiscal cliff deal in the United States faded.

03 January 2013

Obama says fiscal cliff deal made tax system fairer President Barack Obama said Tuesday he had fulfilled a campaign promise to make the US tax system fairer with a deal to avert the fiscal cliff crisis that passed after a fierce duel in Congress.

02 January 2013

Playboy founder Hefner marries for third time at 86 Playboy magazine founder Hugh Hefner has tied the knot for the third time, marrying a former Playmate 60 years his junior in an intimate New Year's Eve ceremony at the Playboy Mansion.

02 January 2013

US House to vote imminently on 'fiscal cliff' deal The House of Representatives will vote late Tuesday on a bill already approved by the Senate to avert huge New Year tax hikes and spending cuts known as the "fiscal cliff".

02 January 2013

Globe greets 2013 in rolling New Year's party A million people crammed into New York's Times Square on Tuesday to greet the New Year in a global party that kicked off in Australia before rolling around the world in a non-stop chain of firework displays.

02 January 2013

Hillary Clinton hospitalized with blood clot: official US Secretary of State Hillary Clinton has been hospitalized after suffering a blood clot following an accident earlier this month.

31 December 2012

Talks stall as fiscal cliff looms Two days of last-gasp talks produced no deal Sunday between US political leaders struggling to averting a fiscal calamity due to hit the American and world economy within hours.

31 December 2012

US backs Argentina in debt restructring case The US gave strong support to Argentina on Friday in the Latin American country's legal battle with hedge funds over the repayment of $1.3 billion to holders of defaulted bonds.

31 December 2012

Obama signs law against Iran's influence in Latin America President Barack Obama enacted a law Friday to counter Iran's alleged influence in Latin America, through a new diplomatic and political strategy to be designed by the State Department.

31 December 2012

Senate renews warrantless surveillance act The Senate approved a five-year extension Friday of a George W. Bush-era surveillance law that allows US spy agencies to conduct wiretapping on foreign citizens without a warrant.

31 December 2012

Obama 'modestly optimistic' for fiscal deal President Barack Obama said Friday he was "modestly optimistic" a last-minute deal was possible with Republicans to avert a "fiscal cliff" crisis that could spark a recession and rock global markets.

30 December 2012

Apple to drop patent claims against Samsung phone Apple has agreed to drop its patent claims against Samsung's Galaxy S III Mini after the South Korean rival said it would not sell the gadget in the United States.

30 December 2012

New York murders lowest in 50 years: mayor The number of murders in New York this year fell to its lowest point in 50 years, mayor Michael Bloomberg said Friday -- a bit of good news as the United States tries to combat rampant gun violence.

30 December 2012

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