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Africa/International
Citigroup to post fourth quarter profit
Citigroup Inc, the bank that took $45 billion in U.S. bailout funds during the financial crisis, is widely expected to report its fourth consecutive quarterly profit on Tuesday, signaling to investors that it has largely completed its…
Apple to announce 50% jump in sales, as Jobs takes medical leave
Apple Inc is set to report a stunning 50 percent jump in quarterly sales on Tuesday, as its iPhone and iPad excited holiday shoppers, but the consumer electronics powerhouse may face more pressing questions about the health of iconic…
Antibiotics, blood pressure drugs said to be dangerous mix
Older adults on blood pressure drugs known as calcium channel blockers could suffer dangerous drops in blood pressure if they are given certain antibiotics, according to a study out Monday.
Researchers found that patients on calcium…
Prosecutors say Berlusconi had many prostitutes
Italian Premier Silvio Berlusconi had sex with a significant number of prostitutes, Milan prosecutors alleged Monday in documents seeking authorization to search some of his properties.
The prosecutors are leading a probe aimed at…
Chinese president to visit America
Chinese President Hu Jintao arrives in Washington on Tuesday, a day before a high profile meeting with U.S. President Barack Obama to discuss trade, currency and a host of other issues, including North Korea.
Chinese state media has…
Oil price falls near $91 per barrel
Oil prices slipped to near $91 a barrel Monday in Asia after China's latest move to restrict lending raised the prospect of weaker demand for crude.
Benchmark oil for February delivery was down 25 cents at $91.29 a barrel at midday Bangkok…
Eurozone ministers to discuss changes to bailout fund
Euro zone finance ministers will discuss Monday an increase in the effective lending capacity of the euro zone rescue fund, to draw a line under the sovereign debt crisis before more countries need help. Skip related content
The rescue…
Airbus wins record $16b order from IndiGo
Airbus on Tuesday announced what it called the biggest jet order in commercial aviation history, a $15.6 billion deal to sell 180 planes to Indian budget carrier IndiGo that includes the first orders for a revamped model.
The deal comes as…
Asia shares fall after China bank curbs money flow
Asian shares fell Monday as investors digested China's latest move to curb the flood of money sloshing around its economy and awaited a meeting later in the week between the U.S. and Chinese presidents.
Oil prices slipped to near $91 a…
Currency system is ‘product of past’ – Hu Jintao
Chinese President Hu Jintao has said the international currency system dominated by the US dollar is a "product of the past".
Mr Hu also said China was taking steps to replace it with the yuan, its own currency, but acknowledged that would…