Industries

South Korea said Friday that an IP address identified as a source of a major cyber attack this week was not based in China as originally believed.

Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders.

Cypriot Finance Minister Michalis Sarris left Moscow on Friday after two days of talks aimed at securing a financial lifeline from Russia without reaching an agreement.

British energy giant BP on Friday said it would return up to $8.0 billion (6.2 billion euros) to company shareholders by repurchasing shares, a day after completing the sale of its stake in a Russian joint-venture.

Russian President Vladimir Putin and China's new leader Xi Jinping are to hold landmark talks Friday in the hope of further cementing the two countries' partnership with a range of strategic agreements.

Cyprus is scrambling to overhaul its banking sector to avoid financial meltdown, after the European Central Bank threatened to pull the plug on emergency funding for the island's lenders.

Russia's President Vladimir Putin and China's new leader Xi Jinping are to hold landmark talks on Friday in the hope of further cementing the two countries' partnership with a range of economic and strategic agreements.

The IMF forecast Thursday that Iraq's economy would grow around nine percent this year helped by surging oil production, but said Baghdad needs to do more to support private, non-oil business.

Ratings firm Standard & Poor's dealt a further blow to reeling Cyprus Thursday, cutting its credit rating as the eurozone country struggles to avoid a banking sector meltdown.

US stocks fell Thursday, hit by uncertainty over the Cyprus banking crisis and some surprisingly weak corporate earnings.

US prosecutors unveiled insider trading charges Thursday against the brother of disgraced hedge fund manager Raj Rajaratnam in the latest chapter of a giant Wall Street fraud investigation.

Ratings firm Standard & Poor's cut troubled Cyprus' sovereign credit rating by one notch on Thursday citing "acute problems" in Cyprus's banking sector.

Microsoft said Thursday it received 75,378 law enforcement requests for data in 2012 in the tech giant's first report on the sensitive subject.

A preliminary hearing into the case of a Canadian former porn actor accused of murdering and dismembering a Chinese man was adjourned until April 8 here Thursday, court officials said.

T-Mobile USA's deal to merge with smaller telecom carrier MetroPCS has cleared all regulatory hurdles in the United States, the companies announced Thursday.

Cyprus Thursday was examining an overhaul of its banking sector to avoid financial meltdown after the European Central Bank threatened to pull the plug on emergency funding for the island's banks.

French fashion label Smuggler on Thursday said it had produced a suit that can block electromagnetic waves produced by mobile phones.

A senior Indian central bank official cleared three private banks of money-laundering on Thursday after an undercover media investigation led to the suspension of dozens of their employees.

European stock markets slid Thursday as disappointing eurozone data and the Cyprus bailout impasse overshadowed strong Chinese economic performance.

Hundreds of small farmers have converged on the central Haitian city of Hinche to demand more space to grow their own crops in a country that imports more than half of its food.