EU's Juncker says South Stream pipeline can still be built

European Commission President Jean-Claude Juncker has insisted the $40 billion South Stream natural gas pipeline can still go ahead and accused Russia of holding EU-member Bulgaria to ransom when it said it had abandoned the project.


U.S. auction of Silk Road bitcoins draws 27 bids

The U.S. Marshals Service on Thursday received more than two dozen bids for 50,000 bitcoins seized from the alleged owner of Silk Road, an Internet black-market bazaar on which authorities say drugs and other illegal goods could be bought.

Bebe Stores confirms payment card security breach

Bebe Stores Inc said it detected a hacking attack on its payment processing system that could have compromised data from cards swiped in its stores in the United States, Puerto Rico and U.S. Virgin Islands.

Uber in talks to sell over $1 billion in convertible debt

Uber is in talks to sell more than $1 billion in convertible debt, a source familiar with the matter said, soon after the U.S. taxi service said it raised $1.2 billion in its latest funding round.


Latest News

Despite its poverty and isolation, North Korea has poured resources into a sophisticated cyber-warfare cell called Bureau 121, defectors from the secretive state said as Pyongyang came under the microscope for a crippling hack into computers at Sony Pictures Entertainment.
One of the last privately owned masterpieces by J.M.W. Turner has sold for a record 30.3 million pounds ($47.47 million) at a London auction, amid a surge of interest in the 19th Century British painter.
Miami is readying for the 13th installment of Art Basel Miami Beach, among the world’ most important contemporary art fairs, a five-day extravaganza that has become a magnet for high-end real estate and luxury brands to align themselves with the artistic set to attract the world’s biggest spenders.
A majority of Air France (AIRF.PA) pilots backed a deal reached in October to develop the company's low-cost operations in France, the airline said on Wednesday.
President Barack Obama on Wednesday laid out a business-friendly legislative agenda for next year that hinges on whether he and the new Republican Congress can set aside long-simmering disputes and find common ground.
The European Central Bank will spell out the scale of economic malaise facing the euro zone after it meets on Thursday under growing pressure to take dramatic action to prevent the bloc going into reverse.
The European Central Bank should follow the example of the U.S. Federal Reserve and buy government bonds to prop up the tottering euro zone economy, the Fed's vice chair Stanley Fischer was quoted as saying in an Italian newspaper.
Boeing Co (BA.N) Chief Operating Officer Dennis Muilenburg said on Wednesday that the world's largest plane maker is on track to deliver the 110 787 Dreamliners it forecast for this year, despite signs that deliveries fell below target last month.
A U.S. media company said on Wednesday it wants to be among the first broadcasters to launch news-gathering drones once the Federal Aviation Administration (FAA) issues new policies governing the unmanned remote-control aircraft, with test flights beginning in Oregon.
Japanese telecoms firm SoftBank Corp has pumped in $250 million to become the top investor in Southeast Asian mobile taxi-booking application GrabTaxi Holdings Pte Ltd, its biggest investment in a Southeast Asian Internet firm.