The sudden boom in U.S. oil and natural gas production could eventually lead to a shift in relations with the Middle East as the United States becomes a net exporter of energy, President Barack Obama said in an interview published on Wednesday. The United States is on track to surpass Saudi Arabia as the world's

– Senator calls for study of videogame violence – Multi-billion video industry declines comment  – TV watchdog group praises Hollywood for pulling violent content    The multi-billion-dollar videogame industry came under scrutiny on Wednesday after Hollywood canceled, postponed or played down a slew of movies and TV shows with violent content in the wake of

U.S. prosecutors charged two former UBS traders on Wednesday with taking part in a multi-year scheme to manipulate Libor and other benchmark interest rates, making them the first individuals to be criminally accused in the international scandal. Earlier on Wednesday, the Swiss bank admitted to fraud and bribery in connection with efforts to rig the

The Maya Calendar did not predict the end of the world, according to NASA and ESA scientists who have talked to the Cyprus News Agency. They also said that there is no such planet called “Nibiru” and humanity should not fear that this mysterious planet will hit and destroy the Earth on the day the

Asian shares retreated from near 17-month highs on Thursday and commodities fell as negotiations to avert a U.S. fiscal crunch turned to personal taunts, putting at risk a timely solution as well as the health of the world's largest economy. European shares will likely follow suit, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40

Instagram, which spurred suspicions this week that it would sell user photos after revising its terms of service, has sparked renewed debate about how much control over personal data users must give up to live and participate in a world steeped in social media. In forcefully establishing a new set of usage terms, Instagram, the

Rating agency Standard & Poor's on Tuesday raised Greece's sovereign credit rating to B-minus with a stable outlook from selective default, citing Europe's efforts to keep the country part of the euro. "The upgrade reflects our view of the strong determination of European Economic and Monetary Union (eurozone) member states to preserve Greek membership in

Japanese carmaker Nissan will invest around 250 million pounds ($405 million) to build a new version of its Infiniti luxury brand in Sunderland, northeast England, from 2015, creating 1,000 jobs. Sunderland, which will be able to build 60,000 of the new "Etherea" model per year, is Britain's largest car plant and one of the most