Cyber activists striking at companies seen as enemies of WikiLeaks sought to block the website of online payment firm Moneybookers on Friday but denied their campaign was intended to damage economic activity. Some activists communicating on Internet channels also called for attacks on official Dutch websites following the arrest in The Hague on Thursday of
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The U.S. trade deficit narrowed much more than expected in October, as exports rose a robust 3.2% and imports declined slightly in the face of slackening demand for industrial and petroleum products, a Commerce Department report showed on Friday. The trade gap totaled $38.7 bln, down from a revised estimate of $44.6 bln for September.
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Ireland's parliament pushed through the third major vote underpinning the 2011 budget on Friday, setting the stage for its expected approval next month. Deputies in the lower chamber passed the financial emergency measures in the public interest bill, which covers cuts to public sector pensions and the minimum wage. A final vote on taxation measures
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HSBC named insider Samir Assaf as its new head of investment banking, a last ripple of a power struggle that saw previous incumbent Stuart Gulliver take the top job at Europe's biggest bank. Assaf, a Lebanese who speaks French, Spanish, English and Arabic, was named chief executive Global Banking and Markets — which groups together
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Chinese dissident Liu Xiaobo was awarded the Nobel Peace Prize in an Oslo ceremony derided by Beijing as a political farce, and dedicated it from his prison cell to the "lost souls" of the 1989 Tiananmen Square crackdown. U.S. President Barack Obama, a Peace Prize laureate last year, called on Beijing for the prompt release
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Iceland hailed a draft deal to end a row over debts it incurred with the British and Dutch governments in a bailout of depositors in a failed bank. Analysts said the agreement marked progress in the Icelandic economy's transition back to normality after it went into meltdown in 2008, with ending currency controls and reviving
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Tennis world number one Rafael Nadal is following in the footsteps of soccer players David Beckham and Cristiano Ronaldo to model men's underwear for Italian designer Giorgio Armani. The fashion house announced on Friday that the 24 year-old will be the global testimonial for Emporio Armani Underwear and Armani Jeans for the spring/summer 2011 collections.
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. Before there was an Apple, store under a giant futuristic cube near New York's Central Park or beneath a sleek glass cylinder in Shanghai, there was "store 001" on the second floor of a 70s-era suburban California shopping mall. It may be unassuming and, yes, a bit uncool, but it's not forgotten, not by
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The Ministry of Commerce, Industry and Tourism will soon launch the process for the selection of companies that will undertake the construction of the Energy Center at Vasiliko, Minister Antonis Paschalides said today. Speaking during the Cyprus Organisation for Storage and Management of Oil Stocks General Assembly, in Nicosia, Paschalides noted that the government and
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Chairman of the Foreign Affairs Committee of the Ukrainian Parliament, Oleh Bilorus said Thursday that the visit of a delegation of Ukrainian members of Parliament marks the dawn of strengthening the already good relations between the two parliaments. Bilorus was speaking during a meeting at the House with his Cypriot counterpart, Averof Neofytou and members
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