LONDON (Reuters) - British retail sales surged at their fastest annual rate in more than a decade in November, as U.S.-style "Black Friday" discounts drove record sales growth at electrical and department stores. The figures suggest strong economic growth and a recent fall in prices for essentials such as food and fuel are finally starting to translate into higher morale among some households- a good sign for Britain's ruling Conservatives before May's national election, where cost of living issues are centre stage. Retail sales volumes rose 1.6 percent on the month to show 6. ...
MOSCOW (AP) — The Russian economy will rebound and the ruble will stabilize, Russian President Vladimir Putin said Thursday at his annual press conference.
NEW YORK (AP) — The unprecedented hack of Sony Pictures which a U.S. official says is linked to North Korea may be the most damaging cyberattack ever inflicted on an American business.
HAVANA (AP) — Cubans cheered the surprise announcement that their country will restore relations with the United States, hopeful they'll soon see expanded trade and new economic vibrancy even though the 53-year-old economic embargo remains in place for the time being.
By Robert-Jan Bartunek BRUSSELS (Reuters) - When Jean-Claude Juncker was voted out after two decades running Luxembourg, his victorious rivals were eager not to alienate tax gurus who had helped him make their tiny state rich. Indeed, so close are some to the new government that Ernst & Young's local boss helped negotiate the coalition deal that saw Xavier Bettel succeed Juncker as prime minister a year ago. Recent uproar over leaked documents showing how Luxembourg helped global companies avoid tax has clouded Juncker's first weeks as the EU's chief executive and Bettel has promised things will change. Both parties deny any talk of impropriety and their cooperation seems to worry few of Luxembourg's 240,000 voters.
REDONDO BEACH, Calif. (AP) — A female motorist hit a group of pedestrians outside a California church as a Christmas service ended, killing one person and leaving up to 11 others injured, police said.
A "spearfishing" attack aimed at US-based nonprofit Internet Corporation for Assigned Names and Numbers (ICANN) hooked staff members with emails crafted to appear as though they were sent from peers using "icann.org" addresses, according to a blog post. "The attack resulted in the compromise of the email credentials of several ICANN staff members," ICANN said.
DOHA, Qatar (AP) — It's a cold, hard fact of football: Countries with tiny populations don't generally beat big ones with deep wells of talented players.
WASHINGTON (AP) — In the weeks before hackers broke into Sony Pictures Entertainment, the studio suffered significant technology outages it blamed on software flaws and incompetent technical staffers who weren't paying attention, even as hackers targeted executives to trick them into revealing their online credentials.
WASHINGTON (AP) — Federal investigators have now connected the hacking of Sony Pictures Entertainment Inc. to North Korea, a U.S. official said Wednesday, though it remained unclear how the federal government would respond to a break-in that exposed sensitive documents and ultimately led to terrorist threats against moviegoers.
WASHINGTON (AP) — Fresh off his 2012 re-election victory, President Barack Obama summoned senior advisers to a series of meetings, asking them to "think big" about a second-term agenda, including the possibilities of new starts with long-standing U.S. foes such as Iran and Cuba. Two years later, after painstaking secret diplomacy on separate but surprisingly similar tracks, efforts with Tehran and Havana are in full swing.
WASHINGTON (AP) — For over half a century, the U.S. government's schemes to overthrow the Castro government were, if not successful, always creative: the poisonous cigars, the exploding seashell, the secret Twitter-like service in Cuba.
WASHINGTON (AP) — The surprising move by President Barack Obama to restore U.S. ties with Cuba reignited long-simmering political passions over the fate of the island nation, reinforcing yet another difference between Democrat Hillary Rodham Clinton and several Republicans eyeing bids for the White House.
WASHINGTON (AP) — Opponents of President Barack Obama's sudden move to re-establish ties with Cuba have little chance of scuttling his effort in Congress.
LONDON (Reuters) - Shares in Britain's Royal Mail postal service should have been sold at a higher price when the firm was privatised last year, but the lost revenue was lower than previous estimates, a government-commissioned report said on Thursday. Lord Myners, a former Labour minister commissioned to see if the government could improve the way it sells public assets, said on Thursday that Royal Mail could have raised up to 180 million pounds more for the public purse. ...
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