U.S. President Barack Obama answers a question about the cyberattack on Sony Pictures after his end of the year press conference in the briefing room of the White House in Washington December 19, 2014.  REUTERS/Larry Downing

Sony hack was vandalism, not an act of war: Obama

WASHINGTON - President Obama moved to prevent anger at North Korea from spiraling out of control by saying the massive hacking of Sony Pictures was cyber-vandalism. not an act of war.   Full Article 

Global shares, oil and ruble rally into Christmas period 5:31am EST

LONDON - World share markets extended their 'Santa rally' into a fourth day on Monday, as a recovery in beaten-down oil prices and the ruble and more calls for quantitative easing from the ECB helped lift sentiment.

Miguel Esteves places an NYPD badge on a makeshift memorial at the site where two police officers were shot in the head in the Brooklyn borough of New York, December 21, 2014. REUTERS/Carlo Allegri

NYC police slaying puts pressure on mayor

NEW YORK - New York Mayor Bill de Blasio faced the biggest crisis of his political career after a gunman killed two police officers in an attack intended to avenge recent police killings of unarmed black men.   Full Article | Video 

A flame shoots out of a chimney at a petro-industrial factory in Kawasaki near Tokyo December 18, 2014. REUTERS/Thomas Peter

Oil rebounds, tracking broader markets

LONDON - Oil rose mirroring gains in equities, as investors became confident there would be no further substantial price loss in the run-up to the new year.  Full Article 

Two freshly delivered Amazon boxes are seen on a counter in Golden, Colorado August 27, 2014.  REUTERS/Rick Wilking

Amazon's cloud business a hard sell

SAN FRANCISCO/SEATTLE - In a post Snowden era, some larger companies have grown wary of relying heavily on Amazon's public cloud servers, preferring to store data on their own premises.  Full Article 

Airbus's company logo is pictured at the Airbus headquarters in Toulouse, December 4, 2014.  REUTERS/ Regis Duvignau

The inside story of the new Airbus A350 jet

PARIS - Ten years ago, the boss of Qatar Airways, who takes his first new A350 jet this week, warned Airbus it was flying off course.  Full Article 

Staff member Maria Regla, 60, smokes a hand-rolled cigar at a hotel in Havana December 19, 2014. REUTERS/Enrique De La Osa

Cuba's cigars get a foot in door of U.S. market

HAVANA - Americans have been filing into the cigar shop at the Hotel Nacional in Havana ever since U.S. President Barack Obama announced he would restore diplomatic ties with Cuba and start dismantling economic sanctions,   Full Article 

Report
Cairns death house facing demolition

The house in Australia where the bodies of eight children were found may be demolished to make way for a memorial. Paul Chapman reports.