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Germany to Greece: Don't mess with us over debt, austerity

Fri, 30 Jan 2015 14:20:24 -0500

Dutch Finance Minister and Eurogroup President Jeroen Dijsselbloem, left, talks to Greece's Finance Minister Yanis Varoufakis, right, as he leaves following a joint news conference following their meeting at the Finance Ministry in Athens, Friday, Jan. 30, 2015. Germany bluntly rejected on Friday suggestions that Greece should be forgiven repayment of its rescue loans, while Dijsselbloem, on visit to meet the new Greek government officials, said there was no decision yet on what to do after the country's bailout program runs out at the end of February. (AP Photo/Lefteris Pitarakis)ATHENS, Greece (AP) — Greece and its European bailout creditors were in open dispute Friday, with Germany bluntly rejecting suggestions the heavily-indebted country should be forgiven part of its rescue loans and warning against "blackmail" from Athens.


Venezuela confirms it downed plane near Aruba

Fri, 30 Jan 2015 14:17:22 -0500

CARACAS, Venezuela (AP) — Venezuela's military confirmed that it shot down over the Caribbean Sea a small civilian plane believed to be carrying drugs.

Berlin says fresh Greek aid 'not on agenda', denying media report

Fri, 30 Jan 2015 13:59:26 -0500

Germany's Finance Ministry denied on Friday a media report that Berlin would be ready to discuss a new aid package for Greece of up to 20 billion euros if the new leftist Greek Prime Minister Alexis Tsipras accepted supervised economic reforms. "That is not on the agenda at all," said a spokesman for Finance Minister Wolfgang Schaeuble. The report in Der Spiegel magazine that Germany estimated Greece's additional aid needs at about 20 billion euros was "pure speculation", he added. Spiegel reported that Germany would be willing to grant Greece fresh aid on condition that it accepted reforms overseen by inspectors from the "troika" - the European Commission, the European Central Bank and the International Monetary Fund.

U.S. to work closely with Greece to resolve differences: White House spokesman

Fri, 30 Jan 2015 13:27:05 -0500

White House Press Secretary Earnest is seen before making a statement about the mass shooting in Paris, at the White House in WashingtonThe United States will continue working closely with the new government in Greece and other European leaders to resolve differences that could improve Greece's economy, a White House spokesman said Friday. "We're going to continue to work closely with the European Union, and that means engaging with the new political leaders in Greece to try to resolve these differences and get Greece and Europe and the global economy back on a path to growth and prosperity," spokesman Josh Earnest said at a briefing.


London FTSE ends week lower on deflation fears

Fri, 30 Jan 2015 12:57:30 -0500

The benchmark FTSE index shed 0.90 percent on January 30, 2015 to end the week at 6,749.40 pointsLondon stocks closed lower on Friday as deflation worries deepened for the eurozone, which was locked in crucial talks with Greece over a possible restructuring of debt. Eurozone consumer prices fell by a record 0.6 percent in January, confirming deflation could be taking hold for the long term, EU data showed earlier Friday. "Deflation is particularly worrying in the eurozone given the high levels of indebtedness in many members, as falling prices increase the real value of the debt, making these debts harder to service," said Ben Brettell, senior economist at Hargreaves Lansdown stockbrokers. In London, miner Randgold Resources topped the risers, adding 4.89 percent to 5,685 pence, followed by fellow miner Fresnillo, which rose 4.23 percent to 899 pence.


Luis Figo names 5 European nominees for FIFA election bid

Fri, 30 Jan 2015 12:51:38 -0500

FILE - In this Monday, Dec. 17, 2001 file photo, Portuguese player Luis Figo, left, of Spanish team Real Madrid receives his trophy as FIFA "World Player of The Year 2001" from Swiss FIFA president Joseph Blatter, center, and Georges Weah of Liberia, right, during the awards ceremony of the FIFA trophies in Zurich, Switzerland. Luis Figo said in an interview on Tuesday, Jan. 27, 2015 that he wants to become FIFA president and has the nominations needed to be an official candidate against Sepp Blatter. (AP Photo/Keystone, Michele Limina, File)GENEVA (AP) — Two would-be FIFA presidents stepped up campaigning on Friday after nominations closed to challenge Sepp Blatter for the most powerful job in world football.


50 years after funeral, Churchill towers over UK politicians

Fri, 30 Jan 2015 12:41:04 -0500

Randolph Churchill, the great-grandson of the former British World War II wartime Prime Minister Winston Churchill, talks to the media after laying flowers at the foot of his statue in Parliament Square in London Friday, Jan. 30, 2015. The 50th anniversary of the late prime minister's state funeral falls on Friday with a number of events in London to commemorate it. Churchill died on Jan. 24, 1965 at the age of 90. (AP Photo/Alastair Grant)LONDON (AP) — Fifty years after Winston Churchill's funeral, British politicians paid tribute Friday to the wartime leader — and tried to energize their election campaigns with a little of the Churchill magic.


NATO set to create new joint units in eastern Europe

Fri, 30 Jan 2015 11:43:11 -0500

By Adrian Croft BRUSSELS (Reuters) - NATO defense ministers are expected to agree next week to set up command units, staffed with national and NATO soldiers, in six eastern European allies as part of a new strategy in response to the Ukraine crisis, NATO's chief said on Friday. Creating the units in Poland, Romania, Bulgaria and the three Baltic countries is one of the most concrete steps NATO has taken to show that the alliance will protect its eastern allies, some of which are nervous about Russian intentions following Moscow's annexation of Ukraine's Crimea region. NATO Secretary-General Jens Stoltenberg denied the creation of the units could be considered provocative by Russia. The posting of small numbers of NATO soldiers at existing bases in eastern European countries falls short of requests by Poland to have a large NATO base on its soil but creates a symbolic NATO presence and would help the alliance to reinforce the countries rapidly in a crisis.

NATO hopes to open training center in Georgia by end of 2015

Fri, 30 Jan 2015 11:36:41 -0500

By Margarita Antidze TBILISI (Reuters) - NATO said on Friday it hoped to open a training center in Georgia by the end of the year, signaling a strengthening of its relationship with the former Soviet republic that is likely to antagonize Russia. The Kremlin last month accused NATO of turning another former Soviet state, Ukraine, into a "frontline of confrontation", amidst the worst standoff between Moscow and the West since the Cold War. NATO Deputy Secretary General Alexander Vershbow said the new training center would be set up as part of a package of measures to boost Georgia's defense capabilities agreed at a summit in September. NATO has already agreed in principle that Georgia should one day become a member.

NATO to deploy small units in 6 Eastern European nations

Fri, 30 Jan 2015 11:31:44 -0500

NATO Secretary General Jens Stoltenberg speaks during a media conference at NATO headquarters in Brussels on Monday, Jan. 26, 2015. Ambassadors met on Monday for an extraordinary meeting of the NATO-Ukraine Commission and released a statement condemning the sharp escalation of violence along the ceasefire line in eastern Ukraine. (AP Photo/Geert Vanden Wijngaert)BRUSSELS (AP) — NATO will deploy small units in six Eastern European nations to help coordinate a spearhead force set up in response to Russia's actions in Ukraine, the alliance's secretary-general said Friday.


Report: 8 dead after illegal migrant boat sinks off Morocco

Fri, 30 Jan 2015 11:25:24 -0500

RABAT, Morocco (AP) — At least eight people died when a boat carrying illegal migrants sank Friday amid gales off Morocco, near the Spanish enclave of Melilla, the latest victims of the treacherous effort to seek a better life in Europe.

Former player Koubek appointed Austria Davis Cup captain

Fri, 30 Jan 2015 11:08:13 -0500

VIENNA (AP) — Former player Stefan Koubek has been appointed Austria's Davis Cup captain.

Britain pays tribute to Churchill as legacy lives on

Fri, 30 Jan 2015 10:32:50 -0500

British politicians often evoke Churchill to add weight to their arguments, tapping into a deep attachment felt by many who lived through World War IIFifty years after Winston Churchill's death, Britain on Friday paid tribute to its wartime prime minister, who remains a touchstone of political life and a reminder of a faded age of global influence. London's Tower Bridge was raised and the HMS Belfast warship fired a gun salute as the boat that carried his coffin up the River Thames in 1965 retraced its procession, with music from bagpipers on board. Family members cast a wreath in the water at Westminster and Prime Minister David Cameron attended a memorial ceremony in front of a statue of the cigar-chomping leader inside the Houses of Parliament. To this day, British politicians often evoke Churchill to add weight to their arguments, tapping into a deep attachment felt by many who lived through World War II.


1950s Hungary great Jeno Buzanszky buried in Budapest

Fri, 30 Jan 2015 10:16:55 -0500

Hungarian Prime Minister Viktor Orban speaks during the funeral ceremony of Jeno Buzanszky, a defender of Hungary's Golden Team of the 1950s, at St. Stephen’s Basilica in Budapest, Hungary, Friday, Jan. 30, 2015. Buzanszky died on Jan. 11 aged 89. He was the last surviving member of the team which won the gold medal at the 1952 Olympic Games in Helsinki and was runner-up to West Germany at the 1954 World Cup. (AP Photo/MTI, Tibor Illyes)BUDAPEST, Hungary (AP) — Jeno Buzanszky, a defender on Hungary's Golden Team of the 1950s, was laid to rest in St. Stephen's Basilica on Friday.


UN court upholds 2 Bosnian Serbs' genocide convictions

Fri, 30 Jan 2015 10:11:04 -0500

Former Bosnian Serb chief of security, Drago Nikolic enters the courtroom of the International Criminal Tribunal for the former Yugoslavia (ICTY) in The Hague, Netherlands, Friday, Jan. 30, 2015. Judges at the ICTY read out the appeals judgment against five Bosnian Serbs convicted for their roles in the 1995 Srebrenica massacre, the first final judgment for genocide by the United Nations court. Drago Nikolic’s convictions for aiding and abetting genocide, and crimes against humanity and violations of the laws or customs of war through his participation in a JCE were upheld. His sentence of 35 years of imprisonment was affirmed. (AP Photo/Michael Kooren, Pool)THE HAGUE, Netherlands (AP) — Appeals judges at the Yugoslav war crimes tribunal on Friday upheld genocide convictions against two senior Bosnian Serbs for their roles in the 1995 Srebrenica massacre, the first final judgment for genocide by the United Nations court.


At least 6 migrants drown off Morocco coast: authorities

Fri, 30 Jan 2015 10:07:50 -0500

The Guardia Civil patrol the maritime border between Morocco and the Spanish enclave of MelillaAt least six would-be migrants drowned when their boat capsized near Melilla, the Spanish enclave in Morocco, authorities said Friday. Another 10 people were rescued from the water after the boat overturned off the Moroccan town of Nador, five kilometres (three miles) from Melilla. The flow of migrants hoping to reach Europe via Melilla and its sister enclave, Ceuta, swelled last year due to conflicts in Syria and Iraq as well as unrest in parts of north Africa, officials say. In December, more than 100 migrants scaled a perimeter fence to enter Melilla.


France pledges tanks, armored vehicles to NATO force

Fri, 30 Jan 2015 09:31:41 -0500

Polish Prime Minister Ewa Kopacz, left, and French President Francois Hollande, right, pose for a group photo at the Elysee Palace in Paris, Friday, Jan. 30, 2015. (AP Photo/Michel Euler)PARIS (AP) — France is pledging tanks and armored vehicles to bolster NATO forces in Poland, where leaders are increasingly uneasy about Russia.


Ukraine military blames separatists for attack on Donetsk cultural center

Fri, 30 Jan 2015 09:21:52 -0500

Ukraine's military blamed separatists for a shell attack on a cultural center in Donetsk where humanitarian aid was being given out and which it said killed at least seven people on Friday. A statement said the separatists had used "a cynical terrorist act" to try to undermine a meeting of the so-called 'contact group' involving Ukraine, Russia and the Organization for Security and Cooperation in Europe, as well as rebel leaders. A 'contact group' meeting had been planned to take place in Minsk, Belarus, on Friday, but rebels said it had been called off because of foot-dragging by Ukraine.

Qatar Airways buys nearly 10 percent of BA, Iberia parent

Fri, 30 Jan 2015 09:11:10 -0500

FILE- In this Jan. 15, 2015 file photo, the new Airbus A 350 of Qatar Airways coming from Doha, Qatar, approaches the gate at the airport in Frankfurt, Germany. Qatar Airways announced Friday, Jan. 30, 2015, that it has bought nearly 10 percent of the parent company of British Airways and Spain's Iberia, deepening wealthy Qatar's business ties to Europe and intensifying competition with the airline's fast-growing Gulf rivals. (AP Photo/Michael Probst-file)DUBAI, United Arab Emirates (AP) — Qatar Airways said Friday it has bought nearly 10 percent of the parent company of British Airways and Spain's Iberia, deepening wealthy Qatar's business ties to Europe and intensifying competition with the airline's fast-growing Gulf rivals.


Russia says nuclear arms to keep military edge over NATO, United States

Fri, 30 Jan 2015 08:54:47 -0500

By Thomas Grove MOSCOW (Reuters) - Russia's top general said on Friday a strong nuclear arsenal will ensure military superiority over the West as Moscow forges ahead with a multi-billion dollar plan to modernize its forces by 2020. Russia, facing a likely recession because of a fall in oil prices and sanctions over Ukraine, must deal with new forms of Western aggression, including economic confrontation, said Chief of the Armed Forces General Staff Gen. Valery Gerasimov. "Support for our strategic nuclear forces to ensure their high military capability combined with ... growth of the military potential of the general forces will assure that (the United States and NATO) do not gain military superiority over our country," said Gerasimov.

High-five Mabkhout reveals German club approach

Fri, 30 Jan 2015 08:53:59 -0500

Ali Mabkhout of United Arab Emirates (L) is tackled by Iraq's Ahmed Ibrahim during the third-place play-off at the AFC Asian Cup in Newcastle, Australia on January 30, 2015United Arab Emirates sharpshooter Ali Mabkhout on Friday said he would ask his club about a move to Europe after he finished the Asian Cup with a tournament-leading five goals. The prolific striker stroked home a nerveless penalty in the second half to seal a 3-2 win over Iraq and third place at the tournament for the attractive UAE side. Mabkhout, who plays for Al Jazira in Abu Dhabi, said he now wanted to make the leap to Europe and revealed that a club from Germany's Bundesliga had made tentative enquiries. "I want to play for a club in Europe," the 24-year-old said after Friday's win in Newcastle.


Shells hit cultural center and bus in Donetsk, at least six killed

Fri, 30 Jan 2015 07:06:48 -0500

Shells hit a cultural center and a trolleybus in the eastern Ukrainian city of Donetsk on Friday, killing at least six people, Reuters journalists in the city said. A Reuters cameraman saw four covered bodies near the cultural center and a fifth dead person in a badly-damaged car nearby. The separatist administration in the city said at least seven people were killed, including five in the strike on the cultural center and at least two when an artillery shell hit the trolleybus, just over 1 km (half a mile) away. The past week in eastern Ukraine has seen the worst fighting since a ceasefire agreement five months ago.

Mugabe: A controversial choice for AU chairman

Fri, 30 Jan 2015 06:33:34 -0500

Robert Mugabe (left) and his wife Grace greet delegates at the conference of his Zanu-PF party in Harare on December 4, 2014The new chairman of the African Union, Zimbabwe President Robert Mugabe, is the continent's oldest leader -- and one of its most controversial post-colonial figures. To most of Africa, he was an anti-colonial hero. Despite this, Mugabe -- who turns 91 next month -- remains admired in much of Africa and was already serving as the chairman of the regional Southern African Development Community. Aditi Lalbahadur, analyst at South African Institute of International Affairs, described Mugabe's appointment as AU chairman as "an endorsement by the leaders of Africa".


Spain's economy grows 1.4 pct in 2014 as recession fades

Fri, 30 Jan 2015 04:33:46 -0500

MADRID (AP) — Spain's economy grew by 1.4 percent in 2014, ending a five-year run of negative or flat figures and providing further evidence that the country is recovering from a crippling double-dip recession.

Defense chief says Russia to maintain military superiority: Interfax

Fri, 30 Jan 2015 03:55:57 -0500

Russia's President Putin, Defence Minister Shoigu and head of Russian army's main department of combat preparation Buvaltsev watch military exercises at Kirillovsky firing ground in Leningrad regionDefence Minister Sergei Shoigu said on Friday he would not let anyone gain military superiority over Russia and that he would fulfill a plan to modernize the armed forces by 2020. Russia, hit by Western sanctions over Ukraine and a fall in oil prices, is expected to enter recession this year but Shoigu said he would carry out the multi-billion dollar plan approved by President Vladimir Putin. "The task set by the president - to prevent (others') military superiority over Russia - will be fulfilled unconditionally," Interfax news agency quoted Shoigu as telling a Defence Ministry meeting. Tensions between Russia and the West have risen over the conflict in eastern Ukraine, where the United States and Europe say Moscow is fuelling an insurgency by sending in troops and weapons.


Honda lowers forecasts after recalls push profit down

Fri, 30 Jan 2015 02:37:27 -0500

FILE - In this July 29, 2014 file photo, a man rides a bicycle near cars displayed at a Honda showroom in Tokyo. Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, lowered its annual earnings forecast after quarterly profit slipped 15 percent. The poor results announced Friday, Jan. 30, 2015 by the Tokyo-based manufacturer of the Odyssey minivan, Fit subcompact and Asimo robot came despite a perk it got from the cheap yen, a plus for Japanese exporters. (AP Photo/Eugene Hoshiko, File)TOKYO (AP) — Honda Motor Co., the Japanese automaker at the center of an air-bag defect scandal, lowered its annual earnings forecast Friday, after quarterly profit slipped 15 percent due to recall expenses.


Asian football boss 'stunned' by anti-Aussie report

Fri, 30 Jan 2015 02:23:14 -0500

AFC chief Shaikh Salman bin Ebrahim Al Khalifa at a press conference after the Extraordinary Congress meeting in Melbourne before the start of the Asian Cup on January 9, 2015Asia's football chief said he was "stunned" on Friday after he was quoted as outlining a movement to oust Asian Cup hosts Australia from the regional body. Shaikh Salman bin Ebrahim Al Khalifa said his comments had been "manipulated" after he told UAE newspaper Al Ittihad that some countries wanted Australia out. Australian newspapers splashed with the story, a day before the Socceroos take on South Korea in the Asian Cup final as they try to win the title for the first time. It's a false topic," the Asian Football Confederation (AFC) president told the Herald Sun newspaper.


For traders, oil's plunge takes a toll on egos and accounts

Thu, 29 Jan 2015 21:30:01 -0500

In this Jan. 22, 2015 photo, oil trader Justin Thomas looks at his computer screens at his one-person office in Boise, Idaho. Thomas is one of thousands of oil traders around the world who have helped turn market fundamentals, lots of oil and not much demand, into a plunge in the price of crude. (AP Photo/Otto Kitsinger)NEW YORK (AP) — The plunge in oil has crushed the Russian ruble, erased $80 billion from Exxon Mobil's market value and pushed Venezuela to the brink of economic collapse.


Blatter joins FIFA election race without naming nominees

Thu, 29 Jan 2015 18:39:50 -0500

FILE - In this Monday, Dec. 17, 2001 file photo, Portuguese player Luis Figo, left, of Spanish team Real Madrid receives his trophy as FIFA "World Player of The Year 2001" from Swiss FIFA president Joseph Blatter, center, and Georges Weah of Liberia, right, during the awards ceremony of the FIFA trophies in Zurich, Switzerland. Luis Figo said in an interview on Tuesday, Jan. 27, 2015 that he wants to become FIFA president and has the nominations needed to be an official candidate against Sepp Blatter. (AP Photo/Keystone, Michele Limina, File)GENEVA (AP) — Beating the entry deadline by hours on Thursday, Sepp Blatter formally joined a FIFA presidential contest he is widely expected to win.


Dutch news agencies: man wielding gun at national broadcaster

Thu, 29 Jan 2015 17:46:01 -0500

Security forces are seen outside the Media Park in Hilversum, Netherlands, Thursday, Jan. 29, 2015. A gunman entered the headquarters of Dutch national broadcaster NOS outside Amsterdam on Thursday and demanded airtime on television, before being detained, company officials said. Jan de Jong, director of the NOS, told national radio "Someone got into the building" and added that the man had been taken into custody.(AP Photo/Peter Dejong)AMSTERDAM (Reuters) - Dutch news agencies reported on Thursday that a man with a gun had entered the offices of the national broadcaster NOS and was demanding to go on air. The RTL press agency reported that a building belonging to NOS was being cleared. An 8 p.m. (2.00 p.m. EST) NOS broadcast displayed a message reading "In connection with circumstances, no broadcast is available at this time". . (Editing by Kevin Liffey)


At root of Argentina spy intrigue: a deal with Iran

Thu, 29 Jan 2015 16:17:51 -0500

By Brian Winter and Nicolás Misculin BUENOS AIRES (Reuters) - President Cristina Fernandez has portrayed Argentina's spy agency as sinister, accountable to no one, and possibly responsible for the mysterious death of a prominent prosecutor in his Buenos Aires apartment. As a result, Fernandez declared this week, the Intelligence Secretariat needs to be totally shut down - and a new agency built from scratch. They say Fernandez has been in open conflict with her own spy agency for two years, following a deal in which she enlisted Iran's help to investigate the 1994 bombing of a Jewish community center in Buenos Aires that killed 85 people.

EU official expects clashes but no rash actions from Athens

Thu, 29 Jan 2015 16:08:18 -0500

Greek Prime Minister Alexis Tsipras, right, greets European Parliament President Martin Schulz, left, at his office prior to their meeting in central Athens, Thursday, Jan. 29, 2015. (AP Photo/Lefteris Pitarakis)ATHENS, Greece (AP) — The first European official to visit Greece since the country elected a new left-wing government said Thursday that he expects clashes over how to lighten the country's bailout — not rash actions from Athens.


EU to extend existing Russia sanctions over Ukraine

Thu, 29 Jan 2015 15:44:10 -0500

Slovenian Foreign Minister Karl Erjavec, left, speaks with Spanish Foreign Minister Jose Manuel Garcia-Margallo, left, during a meeting of EU foreign ministers at the EU Council building in Brussels on Thursday, Jan. 29, 2015. EU foreign ministers hold an extraordinary meeting on Thursday to discuss the latest fighting in Ukraine and possible further sanctions against Russia. (AP Photo/Virginia Mayo)BRUSSELS (AP) — The European Union extended by six months an existing set of sanctions against Russian and pro-Russia separatist officials because of the continued fighting in eastern Ukraine and was planning further action, officials said Thursday.


Shell to revive plans to drill in Arctic

Thu, 29 Jan 2015 14:55:41 -0500

FILE - In this Monday, April 7, 2014 file photo, a flag bearing the company logo of Royal Dutch Shell, an Anglo-Dutch oil and gas company, flies outside the head office in The Hague, Netherlands. Royal Dutch Shell PLC, Europe's largest oil company by market value, said Thursday, Jan. 29, 2015 that fourth quarter net income fell 57 percent to $773 million and that it would cap spending this year in response to falling oil prices. (AP Photo/Peter Dejong, File)LONDON (AP) — Royal Dutch Shell Plc plans to resume drilling in Alaska this year even as it plans to cut spending by $15 billion over the next three years because of the drop in oil prices.


Russia would consider aid to Greece if asked: Siluanov

Thu, 29 Jan 2015 14:21:06 -0500

Russian Finance Minister Anton Siluanov said on Thursday Russia would consider extending financial aid to debt-strapped Greece if Athens were to make a request. "Well, we can imagine any situation, so if such petition is submitted to the Russian government, we will definitely consider it, but will take into account all the factors of our bilateral relationships between Russia and Greece," he told CNBC. Speculation has grown in recent days that new Greek Prime Minister Alexis Tsipras' government is at odds with the rest of Europe over sanctions on Russia, and may move closer to Moscow as it seeks to renegotiate its bailout program with Europe. The impression was reinforced by comments from Energy Minister Panagiotis Lafazanis, who said Athens was against sanctions and "had no differences with Russia".

Belarusian leader issues tough warning to Moscow

Thu, 29 Jan 2015 13:27:38 -0500

Belarusian President Alexander Lukashenko speaks during a news conference in Minsk, Belarus, Thursday, Jan. 29, 2015. (AP Photo/Sergei Grits, Pool)MINSK, Belarus (AP) — New cracks emerged Thursday in a Russia-led economic alliance, with the president of Belarus warning that his nation may opt out of it.


Battle of the big phones: Samsung down in China, Apple gains

Thu, 29 Jan 2015 13:10:42 -0500

A man uses an Apple iPhone near the advertisement of Samsung Electronics' micro SD cards at a Samsung shop in Seoul, South Korea Thursday, Jan. 29, 2015. Samsung lost the battle of the big phones last quarter as Apple's copycat large iPhone lured buyers in the crucial Chinese market. The South Korean company said Thursday its profit sank last quarter, with an improvement in its semiconductor business insufficient to mask its mobile problems. (AP Photo/Ahn Young-joon)SEOUL, South Korea (AP) — Samsung lost the battle of the big phones last quarter as Apple's copycat large iPhone lured buyers in the crucial Chinese market.


Belarus to host new round of Ukrainian peace talks

Thu, 29 Jan 2015 12:41:22 -0500

MINSK, Belarus (AP) — Belarus says it will host another round of Ukrainian peace talks amid fierce fighting in eastern Ukraine.

Nokia turns to fourth quarter profit buoyed by strong growth

Thu, 29 Jan 2015 11:53:40 -0500

HELSINKI (AP) — Nokia made a net profit of 443 million euros ($502 million) in the fourth quarter and sales grew nearly 10 percent, but its share price fell Thursday as the results were offset by a poor performance in some regions, higher costs and a low dividend.

WHO says Ebola epidemic on the decline

Thu, 29 Jan 2015 10:55:59 -0500

A health worker checks the body temperature of fans as part of an ebola screening ahead of the 2015 African Cup of Nations group D football match between Cameroon and Ivory Coast in Malabo on January 28, 2015The Ebola epidemic in West Africa appears to be on the decline, with new weekly infections dropping below 100 for the first time in over six months, the World Health Organization said Thursday. The UN agency said it had now shifted its efforts in Guinea, Liberia and Sierra Leone -- the countries worst-hit by the virus -- from slowing the spread of the virus to ending the epidemic. UN Ebola coordinator David Nabarro nevertheless cautioned that the epidemic was still not totally contained.