UK warned on debt ‘credibility’

5 December 2012 Last updated at 14:28 ETThe UK’s failure to meet a key public debt target “weakens the credibility” of its top AAA credit rating, the Fitch ratings agency has said.Debt will now not fall as a proportion of the country’s output until 2016-17, a year later than Chancellor George Osborne had targeted.Fitch said that the Autumn Statement confirmed the scale of the challenge facing the...

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Death toll from Philippine typhoon nears 300

NEW BATAAN, Philippines (AP) — Stunned parents searching for missing children examined a row of mud-stained bodies covered with banana leaves while survivors dried their soaked belongings on roadsides Wednesday, a day after a powerful typhoon killed nearly 300 people in the southern Philippines.Officials fear more bodies may be found as rescuers reach hard-hit areas that were isolated by landslides,...

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Microsoft #DroidRage Tweet Shows How Malware Has Moved Past Windows

“Do you have an Android malware horror story?” Microsoft asks through its @windowsphone Twitter account, in what may be one of the most ironic tweets of the year.After all, it wasn’t that long ago that “virus” and “worm” stories made headlines on a regular basis, all of them about “computer viruses” which were really Windows viruses. Just a few years ago, Apple advertised the fact that a Mac “Doesn’t...

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Disney loses appeal of “Who Wants to Be a Millionaire?” ruling

LOS ANGELES (Reuters) – The Walt Disney Co. was ordered to pay the British creator of the television game show “Who Wants to be a Millionaire?” $ 319 million after a Los Angeles court rejected the company’s request for a new trial.Britain’s Celador International, which created the quiz show, sued Disney in 2004 alleging that the company hid some of the show’s U.S. profits from Celador.A three-judge...

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When Mobile Market Research Is Talkin’ Loud and Saying Nothin’

According to a report released today from Kantar Worldpanel ComTech (apparently a division of UniWeb Digicyber Softlutions), Apple’s (AAPL) iPhone was the best-selling smartphone in the U.S. for the 12-week period ended Oct. 28th.Kantar’s data shows that iOS smartphones (remember, Apple sells the iPhone 5, but also the 4S and 4 models at a discount) command 48.1 percent of the market. That’s up 25.7...

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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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32% of Young People Use Social Media in the Bathroom

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UK’s Prince William and wife Kate expecting a baby

LONDON (Reuters) – Britain‘s Prince William and his wife Catherine are expecting a baby, destined to be the country’s future monarch, although the mother-to-be is in hospital with a type of very acute morning sickness that sometimes indicates twins.“Their Royal Highnesses The Duke and Duchess of Cambridge are very pleased to announce that The Duchess of Cambridge is expecting a baby,” the prince’s...

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Fossil fuel subsidies in focus at climate talks

DOHA, Qatar (AP) — Hassan al-Kubaisi considers it a gift from above that drivers in oil- and gas-rich Qatar only have to pay $ 1 per gallon at the pump.“Thank God that our country is an oil producer and the price of gasoline is one of the lowest,” al-Kubaisi said, filling up his Toyota Land Cruiser at a gas station in Doha. “God has given us a blessing.”To those looking for a global response to climate...

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Auto sales race to five-year high for November

(Reuters) – Auto sales in November raced to a five-year high for that month on a rebound from storm-ravaged October and the need to replace aging vehicles, leaving industry executives optimistic about 2013.Sales in November rose 15 percent to 1.14 million vehicles, the highest level for that month since 2007, before a recession caused a dramatic decline in demand and led to the bankruptcy filings...

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