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  • India questions man over pro-Islamic State tweets Saturday, 13 Dec 2014 | 1:49 AM ET

    BANGALORE, India— Police in southern India said Saturday that they have arrested a man who has admitted to running a popular pro-Islamic State group Twitter account, but added that he appears to have no direct links to the militant group. On Friday, Britain's Channel 4 reported that it had uncovered the identity of the man, who was using the Twitter account@...

  • Iran hackers may target US energy, defense firms Friday, 12 Dec 2014 | 10:58 PM ET

    The FBI has warned U.S. businesses to be on the alert for a sophisticated Iranian hacking operation whose targets include defense contractors, energy firms and educational institutions.

  • It asked businesses to contact the FBI if they believed they were victims of the campaign. Cylance Chief Executive Stuart McClure said the FBI warning suggested that the Iranian hacking campaign may have been larger than its own research revealed. The FBI's technical document said the hackers typically launch their attacks from two IP addresses that are in...

  • Thai princess, queen-to-be, gives up title Friday, 12 Dec 2014 | 5:14 PM ET
    Princess Srirasm of Thailand arrives at Windsor Castle, west of London, on May 18, 2012.

    The woman in line to be Thailand’ s next queen has given up her royal title, the latest intrigue in a widening palace purge that has been shrouded in secrecy.

  • HOUSTON, Dec 12- Banks are responding to tumbling crude prices by trimming the value of oil reserves tied to credit lines, possibly causing a cash crunch for some highly-leveraged U.S. exploration and production firms. But I don't think anybody is going to be able to add on significantly more debt, "said Christian Ledoux, a senior portfolio manager at San Antonio-...

  • Uber French ruling latest in series of challenges Friday, 12 Dec 2014 | 12:58 PM ET

    A judge ordered Uber's temporary suspension in Spain, saying it represents unfair competition. The Madrid commercial court judge said this week in a preliminary ruling that Uber drivers lacked proper permits to transport passengers in Spain. The suspension was sought by Madrid's Taxi Association, which is planning legal action against Uber.

  • HAPPISBURGH, England, Dec 12- Bryony Nierop-Reading has what she calls a million-dollar view from her clifftop property in east England, looking out over North Sea swells beyond a sandy beach where gulls wheel overhead. Her bungalow was demolished by the local council after a December 2013 storm bit a 33- foot chunk out of the cliff, leaving her home perched over a...

  • *Oil refiners may pay $1 billion more in taxes. NEW DELHI, Dec 12- A plunge of nearly half in oil prices could help Indian Finance Minister Arun Jaitley reap a fiscal windfall of at least $12 billion when he presents his 2015/ 16 budget in February, two government sources told Reuters. As a result, the government would claw back most of the money that India saves on oil...

  • French court says Uber may infringe on taxi law Friday, 12 Dec 2014 | 6:23 AM ET

    A judge ordered Uber's temporary suspension in Spain, saying it represents unfair competition. The Madrid commercial court judge said this week in a preliminary ruling that Uber drivers lacked proper permits to transport passengers in Spain. The suspension was sought by Madrid's Taxi Association, which says it is planning legal action against Uber.

  • MUMBAI, Dec 12- A ban on online taxi services in India, following the arrest in New Delhi of an Uber driver accused of rape, has brought uncertainty to the millions of dollars of international investment pumped into Uber's Indian rivals Ola and TaxiForSure. Ola raised $210 million in October from a group led by Japan's SoftBank Corp. TaxiForSure attracted $30...

  • MF Global's underwriters to settle suit for $74 mln Friday, 12 Dec 2014 | 5:40 AM ET

    Dec 12- Seven underwriters of the failed MF Global Holdings Ltd reached a partial settlement with investors, who had filed a lawsuit in 2011 seeking to hold them and some of the brokerage's executives, including its CEO, responsible for its collapse. The underwriters cited in the settlement are Citigroup, Deutsche Bank, Goldman Sachs, J.P. Morgan, Merrill Lynch,...

  • Oil spill in Bangladesh threatens aquatic animals Friday, 12 Dec 2014 | 5:32 AM ET

    DHAKA, Bangladesh— Authorities in Bangladesh were urgently assessing environmental damage in one of the world's largest mangrove forests on Friday after an oil tanker sank, threatening wildlife in the UNESCO World Heritage site, officials and local media said. The oil spill is threatening several types of animals including rare Irrawaddy dolphins, a senior...

  • Thai flight returns after passenger scalds crew Friday, 12 Dec 2014 | 4:39 AM ET

    BANGKOK— A Thai airline flight to China returned to Bangkok after a passenger assaulted a flight attendant by tossing hot water at her, the airline said Friday. It said colleagues gave her first aid while the pilot returned to Bangkok and asked the passenger and her entourage of three other people to disembark. In February, according to Thai and Chinese news...

  • SINGAPORE/ HANOI, Dec 12- A co-founder of GrabTaxi, Uber's biggest competitor in Southeast Asia, remarked earlier this year that safety is so central to the online taxi booking business that some of his drivers feel like they are tracked at every moment- even when they go to the bathroom. Uber has since been banned in the Indian capital, adding to bans or legal action...

  • Myanmar bar manager accused of insulting Buddhism Friday, 12 Dec 2014 | 12:25 AM ET

    YANGON, Myanmar— A New Zealand bar manager in Myanmar has been arrested for allegedly insulting Buddhism after posting an online advertisement showing a psychedelic image of Buddha wearing headphones, police said Friday. Police arrested Philip Blackwood on Wednesday along with two Myanmar nationals, including the bar's owner, Tun Thurein, and an employee.

  • SYDNEY/ NEW DELHI, Dec 12- Ukrainian President Petro Poroshenko lashed out at India on Friday over a visit by the leader of Crimea, the former Ukrainian territory annexed by Russia, who accompanied President Vladimir Putin's annual summit delegation this week. India does not back Western sanctions against Russia, and the unofficial trip by Sergey Aksyonov...

  • SINGAPORE/ HANOI, Dec 12- A co-founder of GrabTaxi, Uber's biggest competitor in Southeast Asia, remarked earlier this year that safety is so central to the online taxi booking business that some of his drivers feel like they are tracked at every moment- even when they go to the bathroom. Uber has since been banned in the Indian capital, adding to bans or legal action...

  • NEW DELHI, Dec 11- The leader of Crimea, the former Ukrainian territory annexed by Russia, visited India on Thursday as a member of President Vladimir Putin's annual summit delegation, and the United States said it found the reports troubling. India does not back Western sanctions against Russia, but the unofficial trip by Sergey Aksyonov could spoil the mood...

  • NEW DELHI, Dec 11- Uber, the popular U.S. cab-hailing company banned in New Delhi, said it will carry out a review of its India operations and beef up driver screening as it seeks to reach an agreement with the government to restart services. The case has caused an uproar in India after it emerged that the suspect had been previously charged with sexual offences...

  • NEW DELHI, Dec 11- Indian Prime Minister Narendra Modi told President Vladimir Putin on Thursday that Russia will remain India's top defence supplier, even though New Delhi's options had improved since the end of the Cold War. In the biggest, state-owned Rosatom will build 12 nuclear reactors in India, oil major Rosneft signed a 10- year crude supply deal with...