Intel Corp will pay rival chipmaker Advanced Micro Devices Inc $1.25 billion to settle all outstanding legal disputes, in a move that can hasten the resolution of Intel's antitrust troubles. AMD, whose shares jumped 22 percent, agreed to withdraw essentially all its regulatory complaints and litigation against Intel, ending a global campaign that it has

Apple Inc said on Thursday it plans to open 40 to 50 retail stores next year as the consumer electronics giant expands its reach to customers. More than half of the new stores will be outside the United States, with new outlets planned in London, Paris and two in Shanghai. Speaking ahead of a store

President of the Republic of Cyprus Demetris Christofias and Turkish Cypriot leader Mehmet Ali Talat will meet again Friday in the framework of the ongoing UN-led direct negotiations for a solution to the Cyprus problem, during which they will continue discussion on the chapter of property. The meeting will start at 1000 local time at

British Airways <BAY.L> and Spain's Iberia <IBLA.MC> announced on Thursday a preliminary agreement for a $7 billion merger to create the world's third-largest airline by revenue. The deal, which the companies hope to close by the end of 2010, ends the British flag carrier's years of pursuit of Iberia to create an enlarged group to

A pile of old coins which have helped keep the clock mechanism of London's Big Ben accurate for the last 150-years were replaced on Thursday by a new five pound ($8.29) coin to mark the 2012 Olympics. The pre-decimal pennies are stacked on the pendulum of the clock and have acted as weights to help

Looking to tread terrain still untouched by foreign stag expeditions? Want to unwind in luxury or drink up the sun? Lonely Planet lists the world's top 10 party cities in its new guide, the "1000 Ultimate Experiences". This list is not endorsed by Reuters. 1. BELGRADE, SERBIA The long years of bad press that kept

A rare rally in the U.S. dollar was the focus in Asia on Friday as investors wondered if President Barack Obama's nine-day visit to the region would generate pressure on some countries to let their currencies rise. The bounce in the long-suffering dollar added to profit-taking in commodities such as gold and oil, while weakness

The EU is on track to deliver on its Kyoto Protocol commitments for reducing or limiting emissions of greenhouse gases, the Commission's annual progress report on emissions shows. The latest projections indicate that the EU-15 will meet its 8% reduction target under Kyoto; 10 of the 12 remaining Member States of the EU have also