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Africa/International
WANEP kick against military action in Cote d’Ivoire
The West Africa Network for Peacebuilding (WANEP) on Tuesday kicked against military intervention in the Ivorian political power struggle and declared: “No war in Cote d’Ivoire, No forceful eviction of embattled President Laurent Gbagbo.”…
Oil prices fall on expected stocks price rise
Oil fell on Tuesday for a second straight session as an expected rise in U.S. stocks and a weak technical outlook weighed on prices.
Crude oil inventories in the U.S. rose last week as imports increased and refinery utilization was little…
Asian shares rise
Asian shares were mostly higher Tuesday after Intel's decision to increase its dividend boosted Wall Street. Gains were limited by Chinese shares, which dropped on continued fears of new moves to cool economic growth.
Japan's Nikkei 225…
US airlines make more money by flying less
After a decade of multibillion-dollar losses, U.S. airlines appear to be on course to prosper for years to come for a simple reason: They are flying less.
By grounding planes and eliminating flights, airlines have cut costs and pushed…
Japan central bank keeps interest rates steady
Japan's central bank kept it key interest rate unchanged at virtually zero Tuesday, hoping to protect a still-fragile economy from veering off track.
In a widely expected decision, the Bank of Japan's nine-member policy board voted…
Bank of England asked to focus on CPI and not growth
The Bank of England's Monetary Policy Committee now needs to focus on its main inflation objective, and not worry too much about trying to forecast growth, Bank policymaker Andrew Sentance said on Monday.
Sentance added that looming fiscal…
Web browser developers to increase privacy tools
Amid growing pressure from government regulators and consumer advocacy groups, Web browser makers are developing new ways to help consumers protect their privacy online.
Google and Firefox developer Mozilla in recent days have announced…
Smoking may raise breast cancer risk in women – Study
Women who smoke have an increased risk of developing breast cancer, especially if they become smokers early in life, a new study suggests.
But the added risk appears to be small, except among heavy smokers. Compared with women who had…
Analysts say British banks to face capital threat from Vickers
Banks could face greater strains on their balance sheets under proposals from a government-backed commission to make their retail arms safer, analysts said on Sunday.
Britain set up the Independent Commission on Banking (ICB) last year to…
Google to give outgoing CEO $100m
Google Inc will give a $100 million equity award to Eric Schmidt as he hands over the chief executive officer job to co-founder Larry Page, a spokesperson said.
The award, which will include stock units and options will vest over four…