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Obama says Sony hack not an act of war

WASHINGTON - U.S. President Barack Obama moved to prevent U.S. anger at North Korea from spiraling out of control on Sunday by saying the massive hacking of Sony Pictures was not an act of war but instead was cyber-vandalism. | Video

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Capital hike, asset sales to fill gap at Monte Paschi: chairman

VIENNA - Italian lender Monte dei Paschi di Siena expects to complete its planned capital increase by July and can use divestments to help plug a hole in its balance sheet, Chairman Alessandro Profumo told an Austrian newspaper.

3:11am EST

DISH, Comcast SportsNet reach deal in regional dispute

WASHINGTON - Satellite TV provider DISH Network Corp and Comcast Corp's SportsNet have reached a deal allowing the cable giant's regional sports networks to remain on-air for DISH subscribers, the two companies said on Saturday.

20 Dec 2014

ECB's Coene supports government bond purchases: newspaper

BRUSSELS - The European Central Bank should start buying government bonds to tackle poor investor confidence and low inflation in the euro zone, governing council member Luc Coene said in an interview published on Saturday.

20 Dec 2014

Exclusive: GM develops contingency plans in case Takata recalls widen

DETROIT - General Motors Co has developed contingency plans in case recalls of potentially lethal Takata-made air bag inflators widens, forcing the U.S. automaker to repair millions of vehicles, the company said on Friday.

19 Dec 2014

Three air-bag accidents at Boeing plant lead to extra safety measures

SEATTLE - Workers at planemaker Boeing's Everett plant near Seattle are following extra safety measures after three air bag-related accidents, including the death of a technician last month, the company said on Friday.

19 Dec 2014

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