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Opening weekend sales numbers proved the iPhone 4S to be the most successful iPhone launch in Apple's history

iPhone celebrates fifth birthday — How has it changed?

(WIRED) — Gadget fans may be focused on the CES trade show this week, but there’s something else notable going on today: It’s the iPhone’s fifth birthday. Five years ago today, Apple unveiled the original iPhone to the world. It wasn’t a tightly kept secret, shrouded in mystery and speculation like more recent Apple announcements, but […]

China's politically charged trade surplus shrank for the third year in a row in 2011

China export growth slows on weak demand from Europe

Growth in China’s exports slowed in December because of sluggish demand from the US and Europe. Exports rose by 13.4% from a year earlier, the customs agency said, down from 13.8% in November. Import growth also slowed, rising 11.8% compared with the previous year, much lower than the 22.1% growth in November. The latest figures […]

Mahmoud Ahmadinejad and Hugo Chavez lavished each other with praise

Iran’s uranium enrichment is escalation, says US

The US has said Iran’s enrichment of uranium at an underground site is “a further escalation” of its ongoing violation of UN resolutions. The warning comes after the UN’s nuclear watchdog confirmed that Tehran had begun enriching uranium up to 20% at its northern Fordo plant. Analysts say 20% enrichment is an important step towards […]

Six candidates remain in the race for the Republican nomination

New Hampshire primary: Republicans face voters’ verdict

New Hampshire voters are picking a Republican presidential candidate as the US state hosts the first primary of this year’s election season. Eve-of-vote opinion polls showed Mitt Romney’s big lead shrinking slightly as rivals savaged his business record. Jon Huntsman, who has all but staked his entire candidacy on Tuesday’s vote, was competing for second […]

Philipp Hildebrand: "I had no knowledge of my wife's transactions that day"

Swiss National Bank chairman Philipp Hildebrand resigns

The chairman of the Swiss National Bank (SNB), Philipp Hildebrand, has resigned with immediate effect. It follows revelations his wife Kashya bought $504,000 (£323,024) in August, three weeks before the central bank intervened to cap the Swiss franc. He told a news conference he had “no knowledge” of his wife’s transaction, which she later made […]

Football is a class act

Football is a class act

Over the festive season many South American players celebrated their break from football – by organising games of football, often for charity. With all the complaints about too much football, this might seem like strange behaviour. But these Christmas and new year kickabouts have none of the pressure of their normal professional careers. Most top […]

What is behind Nigeria fuel protests?

What is behind Nigeria fuel protests?

What is behind Nigeria fuel protests? (CNN) — Nigeria, Africa’s largest oil producer, ended oil subsidies on New Year’s Day that had kept gasoline prices artificially low. The cost of a liter of gasoline shot up from 65 naira (40 cents) to at least 141 naira (86 cents) virtually overnight. Furious Nigerians have since taken to the streets, […]

Venezuela will not recognize World Bank ruling in Exxon case

Venezuela will not recognize World Bank ruling in Exxon case

Venezuela will not recognize World Bank ruling in Exxon case CARACAS (Reuters) – c Venezuela President Hugo Chavez said on Sunday that his country would not recognize any ruling by a World Bank tribunal in a multibillion-dollar arbitration case with Exxon Mobil Corp. Exxon took Vene “I tell you now: we will not recognize any decision by ICSID,” Chavez said […]