Insight: UK court reveals fear and mistrust at TNK-BP

LONDON (Reuters) – A former TNK-BP employee may have confessed to fraud out of fear during a meeting in the office of German Khan, the head of the oil company and one of Russia’s most prominent businessmen, according to a British High Court judge.In the first judicial account of encounters earlier this year between Khan and his former subordinate Igor Lazurenko, testimonies from the two men paint...

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WestJet embraces tech to woo business travelers

TORONTO (Reuters) – WestJet Airlines Ltd will use technological innovation, including a new Internet ticket booking system, to help it transform from a no-frills carrier to a lower-cost full-service airline courting lucrative corporate travelers, its chief executive said on Monday.Canada’s second-biggest airline plans to launch a series of technology systems, most notably the new online booking engine,...

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Obama Is Taking Himself and #My2K to Twitter This Afternoon

What a day for Twitter! First the Pope, then the Royal Baby, and now President Obama will come online to answer questions about the fiscal cliff. A @WhiteHouse tweet with the distincitive “-bo” signature, announced not long ago that the big guy himself will be taking questions online, starting at 2:00 p.m. ET.Good to see lots of folks on twitter speaking out on extending middle class tax cuts. I’ll...

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Hormone disorder and the Pill tied to blood clots

NEW YORK (Reuters Health) – Women who have a hormone disorder called polycystic ovary syndrome (PCOS) and who take the birth control pill have twice the risk of blood clots than do other women on the Pill, according to a new study.“For many women with PCOS, (the risks) will be small,” said Dr. Christopher McCartney, an associate professor at the University of Virginia School of Medicine in Charlottesville,...

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Weight Watchers’ Big Fat Marketing Dilemma

Jessica Simpson isn’t getting fat. She’s just pregnant again. (Of course, she hasn’t yet confirmed the happy news, but her statement to People—”I’m not going to comment on this speculation”—is, in celebrity baby talk, the equivalent of posting a sonogram on her Facebook (FB) page.)Either way, it’s a potential problem for Weight Watchers (WTW), which signed up Simpson as a spokeswoman less...

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Official: Syria moving chemical weapons components

WASHINGTON (AP) — U.S. and allied intelligence have detected Syrian movement of chemical weapons components in recent days, a senior U.S. defense official said Monday, as the Obama administration strongly warned the Assad regime against using them.A senior defense official said intelligence officials have detected activity around more than one of Syria‘s chemical weapons sites in the last week. The...

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Apple to sell new iPads, iPhone 5 in China in Dec.

CUPERTINO, Calif. (AP) — Apple Inc. on Friday said its latest iPad models will go on sale in China on Dec. 7, followed by the iPhone 5 a week later.China is one of Apple‘s largest and fastest-growing markets. Analyst Brian White at Topeka Capital Markets said iPhone 5 is launching roughly when he expected it, but he hadn’t expected the iPad mini and the fourth-generation, full-size iPad to go on sale...

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Geithner dice que republicanos aceptarán mayores impuestos en EEUU

WASHINGTON (Reuters) – El principal negociador fiscal del presidente de Estados Unidos, Barack Obama, presionó el domingo a los republicanos para que ofrezcan ideas específicas para reducir el déficit, y predijo que aceptarán un alza de impuesto a los ricos para obtener un acuerdo antes de fin de año que evite la catástrofe económica.El secretario del Tesoro de Estados Unidos, Timothy Geithner, dijo...

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US budget talks ‘in stalemate’

2 December 2012 Last updated at 11:20 ETUS treasury Secretary Timothy Geithner has said there will be no deal to avert a “fiscal cliff” unless Republicans accept a tax hike for the wealthy.But House Speaker John Boehner has dismissed a 10-year plan, which aims to raise $ 1.6tn (£1tn) through tax rises and spending cuts, as “silliness”.The two men met on Thursday as time runs out to broker a deal.Economists...

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Egypt’s anti-Morsi rebellion of judges is complete

CAIRO (AP) — Egypt‘s rebellion of the judges against President Mohammed Morsi became complete on Sunday with the country’s highest court declaring an open-ended strike on the day it was supposed to rule on the legitimacy of two key assemblies controlled by allies of the Islamist leader.The strike by the Supreme Constitutional Court and opposition plans to march on the presidential palace on Tuesday...

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