Obama says Putin presiding over economic contraction: CNN interview

U.S. president Barack Obama has rejected the charge that he has been outmaneuvered by Russian president Vladimir Putin, saying in a TV interview due for broadcast later on Sunday that Putin was presiding over "a huge economic contraction" due to the Ukraine crisis.


Saudi Arabia says won't cut oil output

Saudi Arabia said on Sunday it would not cut output to prop up oil markets even if non-OPEC nations did so, in one of the toughest signals yet that the world's top petroleum exporter plans to ride out the market's biggest slump in years.

Amazon's cloud business a harder sell in post-Snowden era

This spring, Taser International Inc won a small but high-profile contract to supply body cameras to the London police. But the deal nearly collapsed over one issue: where the video footage would be stored.

U.S. gas prices fall to lowest since May 2009: Lundberg survey

The average price of a gallon of gasoline in the United States fell 25 cents in the past two weeks, tumbling to its lowest level in more than five-and-a-half years, according to the Lundberg survey released Sunday.


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The United States has sought help from China, Japan, South Korea and Russia in combating cyber attacks such as the one Washington on Friday accused North Korea of carrying out against Sony Pictures, U.S. officials said.
A "shimmering" Paul Cezanne painting of the Mediterranean with a castle in the background is expected to attract the big-money buyers at a February auction that includes works by Modigliani, Giacometti and Picasso, Christie's said on Wednesday.
When Metro Bank prepared to launch in 2010 as the first new bank to appear on British high streets for over a century, its founders broke with convention by outsourcing the construction of its computer systems.
Workers at planemaker Boeing's (BA.N) Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month, the company said on Friday.
The European Central Bank should start buying government bonds to tackle poor investor confidence and low inflation in the euro zone, governing council member Luc Coene said in an interview published on Saturday.
Saudi Arabia's oil minister said on Sunday non-cooperation by producers outside of the Organization of the Petroleum Exporting Countries and the actions of speculators had led to the oil price fall, but he was confident the market would improve.
China's trade minister proposed more use of China's currency in settling trade with Russia in the face of a falling rouble to ensure safe and reliable trade, Hong Kong broadcaster Phoenix TV reported on Saturday.
Office-supply retailer Staples Inc (SPLS.O) said about 1.16 million payment cards might have been affected by the data breach announced in October.
Flipkart, India's largest online retailer, on Saturday said it had raised funding worth $700 million, as it tries to compete with Amazon, which is rapidly scaling up operations in the country.
Spanish infrastructure group Ferrovial plans to raise its full takeover offer for Australia's Transfield Services Ltd, daily financial newspaper Expansion reported on Saturday, citing unnamed sources.