Reuters

  • Self-driving cars could generate billions in revenue: Study 06-03-2015 11:03 AM

    Detroit: Self-driving cars could generate billions of dollars a year in revenue from mobile internet services and products, even if occupants spend only a fraction of their free time on the web, according to a new study by McKinsey & Company. The study, released Thursday, also projects that widespread adoption...
  • Apple Pay hit by fraudulent transactions using stolen credit-card data from retailers: Report 06-03-2015 10:59 AM

    Bengaluru: Apple's mobile payment system Apple Pay has been hit by a wave of fraudulent transactions using stolen credit-card data from a spate of breaches at retailers, the Wall Street Journal reported, citing people familiar with the matter. The transactions stemmed from breaches at retail giants including Home Depot and...
  • Apple's rivals hope its Watch will boost demand for their own wearable devices 06-03-2015 10:47 AM

    Barcelona: Apple's rivals want to benefit from its magic, hoping that its long awaited new smartwatch will finally conjure demand for wearable technology that has so far generated more buzz about its potential than actual sales. Gizmos that users wear on their bodies have yet to live up to the...
  • BMW says talks with Apple don't involve developing a car 06-03-2015 10:39 AM

    Frankfurt: German carmaker BMW said on Thursday its talks with technology giant Apple did not involve developing or building a car, denying a German magazine report. Auto Motor und Sport said in its March 4 edition that the two firms were discussing possibilities for cooperating on the development of a...
  • Apple lets companies fine-tune apps before watch launch on March 9: Report 06-03-2015 10:34 AM

    Bengaluru: Apple has allowed some companies to test their apps on its yet-to-be-launched Apple Watch and adjust the tools to the watch's design, Bloomberg reported. Facebook, United Continental Holdings, BMW AG and others have spent weeks at Apple's headquarters, working with the smartwatch to test and fine-tune apps that will...
  • Oprah Winfrey prevails in 'Own Your Power' lawsuit 06-03-2015 09:53 AM

    New York: Oprah Winfrey has prevailed in a trademark lawsuit challenging her use of the phrase "Own Your Power" in her namesake magazine, on TV, on websites and in social media accounts. U.S. District Judge Paul Crotty in Manhattan ruled on Thursday that Winfrey, her company Harpo Productions Inc and...
  • Actor Harrison Ford injured in small-plane crash in Los Angeles 06-03-2015 09:49 AM

    Los Angeles: 'Star Wars' star Harrison Ford was seriously injured on Thursday when the actor crashed his vintage plane on a Los Angeles golf course shortly after taking off from a local airport, a source told Reuters. The single-engine plane clipped a tree as it went down shortly after taking...
  • Daniel Vettori focused on World Cup wins, not joining 300 club 06-03-2015 09:24 AM

    Napier: Daniel Vettori can reach another milestone in his outstanding international career on Sunday when New Zealand face Afghanistan in the World Cup, but the 36-year-old's focus is far from the achievement. The left-arm spinner is two victims shy of joining an elite club of 11 bowlers with 300 wickets...
  • F1: Marussia pass crash tests and set for Melbourne 05-03-2015 11:01 PM

    The Manor Marussia Formula One team were given the green light to compete at next week's Australian season-opener after passing mandatory crash tests on Thursday. "Our big news of today is that we have now passed the FIA crash tests. Well done team! That's it - we're all set for...
  • Papiss Cisse apologises for spitting row, Jonny Evans denies wrongdoing 05-03-2015 10:05 PM

    Newcastle United striker Papiss Cisse has apologised for his part in a spitting row involving Manchester United defender Jonny Evans during a Premier League match on Wednesday. Shortly after Northern Ireland's Evans issued a statement on Thursday saying he had not spat at Cisse following a first-half tangle in United's...
  • Sebastian Vettel hopes Ferrari can be Mercedes' closest rivals 05-03-2015 09:57 PM

    Four times Formula One world champion Sebastian Vettel hopes Ferrari can become the strongest challengers to Mercedes this season after failing to win a race last year. Vettel, who moved from Red Bull at the end of last year, said on Thursday it could take some time for it to...
  • Real Madrid's Marcelo recalled for Brazil friendlies 05-03-2015 09:41 PM

    Brazil coach Dunga has recalled Real Madrid full back Marcelo for friendlies against France and Chile later this month in a squad he said mixed blend youth and experience. There were no surprises in the squad, his last before the Copa America in June, with all 23 players having some...
  • Dumped F1 driver takes action against Sauber 05-03-2015 06:29 PM

    Australia: Dumped Dutch driver Giedo van der Garde has taken legal action ahead of the Australian Formula One Grand Prix to press his claim to a drive with Sauber, Australian media reported on Thursday. Van der Garde was test driver for the Swiss team last season and is claiming Sauber...
  • Barcelona's Sergio Busquets out of Rayo Vallecano clash 05-03-2015 05:56 PM

    Barcelona midfielder Sergio Busquets is battling to be fit for the El Clasico with Real Madrid after the club said on Thursday he will miss Sunday's La Liga clash with Rayo Vallecano. "Tests have revealed that the player has suffered an injury to the syndesmosis joint of his right ankle,"...
  • Familiar tale at AC Milan as Filippo Inzaghi battles for survival 05-03-2015 05:37 PM

    Milan: Filippo Inzaghi's future as AC Milan coach has been thrown into doubt and Saturday's match at home to Verona is being billed as his last chance to keep his first senior coaching job. In what has become a familiar routine, once-mighty Milan's season has turned into a story of...
  • Chelsea can sense they are almost there 05-03-2015 03:45 PM

    London: The late American crooner Andy Williams once sang about being 'almost there' and about being close to a 'paradise so rare' and that is how Chelsea must have felt after their 1-0 victory at West Ham United. Manager Jose Mourinho strode purposefully on to the pitch at the end...
  • World Cup: Happy for Coetzer, but Bangladesh's experience counted, says Mommsen 05-03-2015 03:16 PM

    Scotland would take heart from Kyle Coetzer's impressive 156 in their six-wicket loss to Bangladesh on Thursday, but their lack of experience had counted against them in their World Cup clash, captain Preston Mommsen said. Coetzer scored the first World Cup century by a Scotland batsman at Saxton Oval in...
  • World Cup: Anamul Haque suffers bad shoulder injury in Bangladesh win 05-03-2015 03:13 PM

    Nelson: Bangladesh batsman Anamul Haque has suffered a total separation of his right shoulder but it was too early to determine how long he would be out of action, the team said on Thursday. Haque suffered the injury in the 31st over of Scotland's innings of 318 for eight in...
  • Huawei, Intel expand tie-up amid China's rising scrutiny of US tech firms 05-03-2015 02:41 PM

    Beijing: China's Huawei and Intel are expanding an existing alliance to provide cloud computing to global telecoms carriers, as US tech firms vie for Chinese tie-ups to retain access to a tough mainland market. The partnership, announced by Huawei in a statement, comes as US and other Western tech firms'...
  • Handmade goods website operator Etsy files for IPO with US regulators 05-03-2015 12:52 PM

    New York Etsy, which operates a website that sells handmade goods and craft supplies, filed with US regulators on Wednesday for an initial public offering of common stock. Goldman Sachs & Co, Allen & Co LLC and Morgan Stanley are underwriting the IPO, Brooklyn, New York-based Etsy told the US...
  • IBM acquires AlchemyAPI to boost its human-like computing services 05-03-2015 12:14 PM

    Seattle: International Business Machines Corp said on Wednesday it had acquired AlchemyAPI, a fast-growing startup selling software that collects and analyzes unstructured text and data in ways big enterprises, website publishers and advertisers find useful. The purchase is designed to boost IBM's push into more human-like computing services, based around...
  • Cate Blanchett on being evil in 'Cinderella' 05-03-2015 11:41 AM

    After playing both real and mythical queens, a golden age screen idol and Bob Dylan, Cate Blanchett is taking on another iconic, complex character - Cinderella's evil stepmother. In Disney's live-action "Cinderella," out in U.S. theaters on March 13, Oscar-winning Blanchett plays the impeccably groomed and conniving Lady Tremaine, the...
  • Carlos Sainz eager to be in the picture 05-03-2015 11:20 AM

    London: Carlos Sainz will be as disappointed as any Formula One fan that Fernando Alonso will be absent from next week's Australian season opener. The 20-year-old Spaniard, whose double world rally champion father has the same name, has a treasured photograph from a decade ago of himself as a wide...
  • Formula One: Manor Marussia set for Australia under new owner 05-03-2015 11:17 AM

    Former Sainsbury's chief executive Justin King has been appointed interim chairman of the revived Manor Marussia Formula One team as they prepare for a remarkable comeback in Australia next week. With OVO Energy founder Stephen Fitzpatrick coming to the rescue as principal investor, and effective owner, Marussia told reporters at...
  • Manolo Gabbiadini goal keeps Napoli-Lazio semi-final in the balance 05-03-2015 10:53 AM

    Napoli's Manolo Gabbiadini netted a precious second-half equaliser to earn a 1-1 away draw at Lazio in the first leg of their Italian Cup semi-final on Wednesday. It was the 23-year-old's fourth goal in all competitions since joining Napoli in the January transfer window and cancelled out Miroslav Klose's first-half...
  • Brazilian Ronaldo dismisses talk of US comeback 05-03-2015 10:39 AM

    Less than two months after saying he might slim down and attempt a comeback with a US team he had bought a stake in, former Brazil striker Ronaldo dismissed the idea on Wednesday and blamed social media for inventing news. "There's a story going round that I am making a...
  • China lowers 2015 GDP growth target to 7 per cent, lowest since 1990 05-03-2015 09:33 AM

    Beijing: China has budgeted for a national fiscal deficit of 1.62 trillion yuan ($258 billion) in 2015, the Ministry of Finance said on Thursday in its work plan unveiled at the annual parliament meeting. The government aims for 2015's deficit to be equivalent to 2.3 per cent of gross domestic...
  • Chelsea maintain five-point lead as top 5 all win in EPL 05-03-2015 09:07 AM

    After a Champagne Sunday, leaders Chelsea got back to the bread and butter of churning out Premier League points with Eden Hazard's header sealing a 1-0 victory at London rivals West Ham United on Wednesday. Champions Manchester City, 2-0 winners over bottom club Leicester City, would have hoped Chelsea suffered...
  • Instagram rolls out new 'carousel' ad feature; expect more promotional images in your feed 05-03-2015 08:33 AM

    San Francisco: Instagram will let brand marketers showcase more images on its photo-sharing smartphone app, the Facebook-owned service's latest move to expand its money-making advertising features. The new "carousel ads" feature will let brands post multiple images, which users can scroll through by swiping their finger across the phone's screen....