News archive from 18 January 2012

Yemen unrest may force election delay - minister

The comments - the first suggestion the vote might be postponed - came after Islamist fighters seized an entire city, underscoring U.S. and Saudi fears that chaos born of political crisis may empower al Qaeda in Yemen, which sits alongside key oil and...

 

Billionaire Kremlin hopeful says Putin must change

Prokhorov, a billionaire bachelor long seen more as playboy than politician, told The Freeland File on reuters.com Russians had shaken off a post-Soviet apathy and were now 'just crazy about politics'. He denied accusations he was a Kremlin tool, let...

 

Symantec says hackers stole source code in 2006

The world's biggest maker of security software had previously said that hackers stole the code from a third party, but corrected that statement on Tuesday after an investigation found that Symantec's own networks had been infiltrated. The unknown...

 
HP names new strategy chief

HP names new strategy chief

HP appointed former California gubernatorial candidate Meg Whitman CEO in September, after firing former leader Leo Apotheker for a series of missteps, including a poor run at convincing Wall Street he had not overpaid for British software firm...

 
Yahoo co-founder Jerry Yang resigns from its board

Yahoo co-founder Jerry Yang resigns from its board

Jerry Yang, the co-founder of Yahoo!, has resigned from its board. Mr Yang founded the online company in 1995 with David Filo and was its chief executive from June 2007 until January 2009. His resignation comes two weeks after the company hired...

BBC, 22:43 in Business
 
Taylor Swift is stunning and sophisticated on Vogue magazine cover... but reveals she's been through ANOTHER 'earth shattering heartbreak'

Taylor Swift is stunning and sophisticated on Vogue magazine cover... but reveals she's been through...

She is previously said to have dated Joe Jonas, Taylor Lautner and John Mayer, with Jonas famously dumping her in a 27 second phone call. 'I think I am smart unless I am really, really in love, and then I am ridiculously stupid,' she tells Vogue....

 
Cree results, forecast disappoint; stock slides

Cree results, forecast disappoint; stock slides

Fierce competition in the LED industry, mainly from an influx of Chinese companies, has cut prices, squeezed profit margins and inflated supplies. At the same time, demand for LED lighting has yet to take off in the mass market. "The more Cree...

 
Citigroup profit falls 11 percent, misses Street view

Citigroup profit falls 11 percent, misses Street view

Citi said the crisis and fears about its impact on other markets and the global economy led to a broad move by clients away from risk and a decline in market volumes around the world. Fixed income, equity markets and investment banking revenues all...

Reuters, 22:49 in Business
 
House to take up anti-piracy bill in February

House to take up anti-piracy bill in February

Internet companies vigorously oppose the bills, arguing they would undermine innovation and free speech rights and compromise the functioning of the Internet. The debate escalated over the weekend when White House officials raised concerns that the...

 

ECB mulling alternatives to bond-buy plan - Nowotny

"We are discussing possible alternatives. But this discussion is not so far developed that we can dispense with the SMP (bond-buying programme)," Nowotny told the Wall Street Journal's German website. He declined to say what direction the...

Reuters, 23:40 in Business
 
Co-founder Yang to leave Yahoo

Co-founder Yang to leave Yahoo

Yahoo co-founder Jerry Yang is leaving the struggling company as it tries to revive its revenue growth and win over disgruntled shareholders under a new leader. The surprise departure comes just two weeks after the internet giant hired former PayPal...

 

Mali says several killed in Tuareg attack

Tuareg nomads, who have fought several rebellions for a sovereign homeland in the Sahara desert, are believed by Malian authorities and other regional leaders to have received an influx of weapons and men in the aftermath of Libya's war. Their last...

 

Sarkozy to make pre-election push on labour reform

As the euro debt crisis strips France of its prized AAA credit rating and pushes the economy to the brink of recession, Sarkozy is presenting his "crisis social summit" with business and union leaders as a chance to tackle high...

 
QPR 1 MK DONS 0: DANNY GABBIDON A REAL SPARK

QPR 1 MK DONS 0: DANNY GABBIDON A REAL SPARK

DANNY GABBIDON got the goal which booked new QPR boss Mark Hughes an FA Cup fourth-round clash with former club Chelsea. Rangers had survived a strong period of MK Dons pressure before Gabbidon powered in a header from a Shaun Wright-Phillips corner...

Daily Star, 00:02 in Sport
 
MICK MCCARTHY: I SMELL A CRACKER

MICK MCCARTHY: I SMELL A CRACKER

WOLVES boss Mick McCarthy has promised no repeats of the TV stinker with Birmingham. The two sides clash in their FA Cup third-round replay, with McCarthy admitting he’s surprised TV want to show it live after the first game, a 0-0 bore draw at St...

Daily Star, 00:02 in Sport
 


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