|Oil Weaker on Inventory Build, Fed in Focus|
Crude oil prices on both sides of the Atlantic were weaker in choppy trading on Wednesday after a U.S. government report showed an unexpected build up in crude oil stocks. Oil trading lacked direction and remained volatile as the market waited on the U.S ...
Brazilian protesters 'being heard,' president says
Protests have been staged in major cities across the country, but Sao Paulo was the focal point of Tuesday's ... Cup soccer tournament, among other complaints. Protests on Monday were the largest in the country in at least 20 years. President ...
IRS to pay $70 million in bonuses
Tea Party conservatives hold a rally against the IRS in Washington, DC on Wednesday. Tea Partiers are demanding Congress "audit" the IRS. WASHINGTON (CNNMoney) The Internal Revenue Service is expected to dole out $70 million in bonuses to ...
Sepp Blatter: Brazil protesters shouldn't 'use football'
RIO DE JANEIRO (AP) -- FIFA President Sepp Blatter has urged protesters flooding the streets of Brazil to stop exploiting football to express their anger against the government, maintaining that the country is benefiting from investment ahead of ...
What U.S. learned from listening in on terror group calls
(CNN)-- Sometime in late 2007, Basaaly Saeed Moalin, a cabdriver living in San Diego, began to have a series of phone conversations with Aden Hashi Ayrow, one of the leaders of Al-Shabaab, a notorious Somali terrorist group. Moalin had no idea ...
India leaves rates unchanged, warns of inflation risks as rupee sags
By Suvashree Dey Choudhury and Tony Munroe MUMBAI (Reuters) - The Reserve Bank of India kept interest rates unchanged on Monday as expected after cutting them in each of its previous three policy reviews, warning of upward risks to inflation as its currency is among the hardest hit amid a global emerging markets sell-off. The Indian rupee touched an all-time low of 58.98 to the dollar last week ...
Groupon India expands team
Groupon India, which has daily deals on its Web site, has expanded the roles of its team to take on the mandate for key emerging markets in the Asia-Pacific region, comprising India, Thailand, Indonesia and the Philippines.
Banking on Coupons for E-Shoppers, Flipit Expands From Europe to India
Having launched in six countries across Europe, the first Asian destination for couponing site Flipit is India . The basic idea is that Flipit partners with online retailers to offer substantial e-shopping ...
Battles beyond the Great Firewall: India shuts out Chinese tech companies
Late last week, news broke that India?s Intelligence Bureau had fingered Chinese chat app WeChat as a potential threat and that the app was under investigation; some reports even say that the Intelligence Bureau wants the app banned outright. Chinese telecom equipment companies ZTE and Huawei are similarly under investigation for posing potential national security threats. It makes you wonder ...