Death of Saudi king unsettles oil market

NEW YORK (AP) ― Oil prices rose initially on news of the death of Saudi Arabia’s powerful King Abdullah, but the increase was moderate and short-lived. The king’s death is unlikely to lead to a change in the kingdom’s immense ...

Google boss Schmidt: Internet will ‘disappear’

DAVOS (AFP) ― Google boss Eric Schmidt predicted that the Internet will soon be so pervasive in every facet of our lives that it will effectively “disappear” into the background.Speaking to the business and political elite at t...

Thousands march in Venezuela over economic crisis, shortages

CARACAS (AFP) ― Demonstrators against Venezuela’s economic crisis ― facing sky-high inflation and shortages of food and consumer goods ― took to the streets in their thousands Saturday, banging pots and demanding an end to Pre...

German central bank chief ‘skeptical’ of stimulus move

BERLIN (AFP) ― The head of Germany’s central bank on Saturday voiced his “skepticism” about the ECB’s decision to launch a trillion-euro bond-buying program in a bid to ward off deflation and boost the eurozone economy.“I re...