BlackBerry maker Research In Motion is launching a new version of its touchscreen Storm smartphone, marking its latest move in the fight with Apple's iPhone. The Storm2, as the device is known, is "a biggie for us," RIM co-Chief Executive Jim Balsillie said in an interview. The smartphone retains the original Storm's clickable touchscreen interface,
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Apple Inc's Mac computers have steadily gained market share over the years, a winning streak that may be tested by next week's launch of Microsoft Corp's new Windows 7 operating system. Few expect the new software to dent Apple's standing in the market in the long run, given the company's premium position and the fact
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Asian shares rose to 14-month highs on Thursday as upbeat retail sales and surprisingly bullish earnings reports in the United States buoyed risk appetite, pushing the U.S. dollar to a 14-month low. Shares in Japan jumped more than 2 percent as investors bought exporters who might benefit from rising U.S. demand and stocks in the
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The French Tara Oceans, a three year marine and scientific expedition which aims to demonstrate the reality of global warming, will be in Cyprus in early December as part of a worldwide tour. The expedition will cover the world’s oceans and will study oceanic ecosystems, in order to better understand how to protect them. According
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The leaders of the two communities in Cyprus meet here Thursday to continue their discussion on governance, focusing on the executive. Speaking after Wednesday’s meeting, UN SG Special Representative in Cyprus, Taye-Brook Zerihoun, expressed hope that the leaders will make advances in the next weeks and move the peace process forward. The leaders meet in
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China reported surprisingly strong trade figures on Wednesday, providing fresh evidence that the world's third-largest economy is firmly on the path to recovery and that global demand is improving too. Exports in September fell 15.2 percent from a year earlier, beating forecasts of a 21 percent fall, while imports fell just 3.5 percent — well
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Private equity firm Blackstone Group's chief executive said the worst of the industry's problems were behind it, and dealflow and IPO opportunities were opening up again. Stephen Schwarzman also said on Wednesday he was seeing "more than green shoots" of economic recovery, though the scale of growth through next year was still unclear. "We do
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World stocks hit a 12-month high on Wednesday as forecast-beating Intel Corp results and Chinese trade data brightened the economic outlook, while the dollar plumbed 14-month lows, sending oil and gold higher. MSCI's all-country world index rose 0.7 percent to 294.41, a level last seen in early October a year ago. The index was up
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Cyprus said it was disappointed the European Commission had failed to recommend sanctions on Turkey for failing to open its ports to the island. Cyprus, a member of the European Union since 2004, has no diplomatic relations with Turkey which invaded the island's northern third after a brief Greek inspired coup in 1974. In an
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Oil surged for a fifth day on Wednesday to a 2009 high above $75 a barrel, boosted by a weak dollar and optimism about a global economic rebound that will lead to higher energy demand. The dollar, which fell to its lowest in more than a year against a basket of currencies, also boosted gold,
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