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Africa/International
US insurers invest in fast food businesses
The investments of large insurers of health, disability and long term care in fast food chains like McDonald's and Pizza Hut have raised the interest of a study in the American Journal of Public Health, reports CBS Radio News' John Hartge.…
Google's 23% increase in profit fails to impress
Google Inc posted a 23 percent jump in quarterly revenue on a rebound in Web advertising, but its stock fell 5 percent as the company disappointed some investors accustomed to blowout results.
Investors were also caught off guard by the…
British Premier League goes to court over broadcast charges
The Premier League will launch a legal challenge to Ofcom's ruling forcing Sky to cut the price it charges rival broadcasters to carry its sports channels.
The challenge to the Competition Appeals Tribunal was confirmed following a meeting…
Asian stocks retreat on risk worries
Asian stocks retreated from 22-month highs on Friday as fresh doubts about the U.S. economic recovery and Greece's rescue package prompted a broad pull back from risky assets.
The doubts, plus record appetite for emerging market bonds,…
Obama blames West Virginia mine owner over disaster
U.S. President Barack Obama on Thursday put primary blame for last week's deadly West Virginia coal mine disaster on owner Massey Energy and called for better mine oversight nationwide to prevent more accidents.
Obama said the safety…
Volcanic ash grounds all UK flights
An ash cloud from an Icelandic volcano has grounded all but emergency flights above Britain, leaving thousands of passengers stranded. Skip related content
With the high-flying ash a threat to aircraft, air traffic control company Nats…
US venture-capitalist investments rise as optimism up
Venture capitalists invested more money in U.S. startups during the first three months of 2010 compared with a year earlier, a sign of increasing optimism that the economy is improving.
Last year, the sluggish economy made it harder for…
Obama signs $18b unemployment benefits bill into law
Just hours after Congress passed an $18 billion bill to restore unemployment benefits for the long-term unemployed, President Barack Obama made it the law of the land.
The measure comes as welcome relief to hundreds of thousands of people…
British Airways to increase Africa routes after merger with Iberia
The merger between British Airways (BA) and Spain's Iberia will result in increased access to African destinations for European and Latin American holidaymakers, BA's chief executive said on Wednesday.
Willie Walsh said BA planned to…
Telkom in roaming deal with MTN
South Africa's Telkom SA Ltd has signed a five roaming agreement with MTN Group and plans to build 2,000 base stations in two years as part of the strategy to launch a mobile phone business.
Telkom said on Wednesday the base stations would…