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European stocks set for biggest weekly gain of 2014

Friday, 19 December 2014 05:03
By Wayne Cole SYDNEY (Reuters) - Japanese stocks led Asian markets higher on Friday, after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to start hiking interest rates. The gains came even as oil stayed under pressure, suggesting equity investors were beginning to see the positives in lower fuel costs and increased consumer spending power. Brent <LCOc1> had ended Thursday $1.37 lighter at $59.81…
Hong Kong tycoon, ex-official found guilty
Friday, 19 December 2014 03:47
STORY HIGHLIGHTSProperty tycoon Thomas Kwok found guilty on misconduct chargeHis brother, also co-chair of famous Hong Kong property company cleared of all chargesTheir company, Sun Hung Kai, built some of the tallest buildings in the city's celebrated skylineFormer Hong Kong government official convicted on several counts of misconduct in public office Hong Kong (CNN) -- A billionaire who jointly controls Asia's biggest property development company and a former No.
Pakistani army: Dozens of militants killed
Friday, 19 December 2014 03:46
STORY HIGHLIGHTSPakistan's military says its forces killed 32 militants in an ambush in the northwestOfficial: Another 8 insurgents, including a Taliban commander, were killed in BalochistanThe Pakistani Taliban killed 145 people, most of them children, in a school attack this week Islamabad, Pakistan (CNN) -- Dozens of militants were killed in crackdowns across Pakistan on Friday, officials said, days after the Pakistani Taliban massacred nearly 150 people at a school.
The Citizen Lab: Malware attack on ISIS opposition
Friday, 19 December 2014 03:46
ISIS fighter orchestrates the mass execution of a group of men in an ISIS recruitment video called "Flames of War." STORY HIGHLIGHTSA target email speaks to victims who are opposed to ISIS and asks for their helpIt contains a link to a file sharing site, where a malicious file is hidden among photosThe malware is artless, and the writer encrypted it wrongBut it's dangerous: Being bare-bones makes it hard for security software to detect
Funny or Die spoofs 'Serial' podcast
Friday, 19 December 2014 03:46
The podcast sensation of the year finally reaches its climax. For more go to funnyordie.com.If your browser has Adobe Flash Player installed, click above to play. Otherwise, click below.
Lost ancient village rediscovered
Friday, 19 December 2014 03:46
The site of a lost ancient Chamorro village has been rediscovered in the Northern Jungles of Guam. KTGM reports. If your browser has Adobe Flash Player installed, click above to play. Otherwise, click below.
Secret Service pulled 'beyond limits'
Friday, 19 December 2014 03:46
STORY HIGHLIGHTSAn independent review of the Secret Service has found that it needs more training and more staffThe review said the service is too insular and needs a director from outside its ranksIt also recommended a taller White House fence, with its top curved outward Washington (CNN) -- The Secret Service is stretched "beyond its limits" and needs more training, more staff and a director from outside its ranks -- and the White House needs…
Mystery spy in Cuban swap ID'd
Friday, 19 December 2014 03:46
STORY HIGHLIGHTSSources inside the government and out tell CNN his name is Rolando Sarraff TrujilloHe was released along with Alan Gross, in exchange for three convicted Cuban spiesSarraff, a Cuban national, spent two decades in prison (CNN) -- Upon his release from prison, he was described by President Barack Obama as "one of the most important intelligence agents that the United States has ever had in Cuba.
Cosby Doesn't Want Special Treatment From 'Black Media': Lawyer
Friday, 19 December 2014 03:46
Bill Cosby's lawyers on Thursday said a report that indicated the embattled comic expected the "black media" to be neutral was the result of "misconstrued" comments. Facing mounting allegations from some 20 women who say the actor sexually assaulted and/or drugged them, Cosby broke his silence , allegedly telling reporter Stacy Brown that "I only expect the black media to uphold the standards of excellence in journalism and when you do that you have to…
Pakistan Kills 59 in School Massacre Retribution Offensive
Friday, 19 December 2014 03:46
Pakistani jets and ground forces killed 59 militants in a northwestern tribal region near the Afghan border, the army said Friday, days after Taliban fighters killed 148 people — most of them children — in a school massacre.

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