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There’s a 30% chance your shrimp isn’t what you think it is

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1 hour ago

Tim Cook: “I’m proud to be gay.”

  “While I have never denied my sexuality, I haven’t publicly acknowledged it either, until now. So let me be clear: I’m proud to be gay, and I consider being gay among the greatest gifts God has given me,” the Apple CEO writes in Businessweek.
October 29, 2014

Russia tests NATO with aerial maneuvers

  Some two dozen Russian planes have tested NATO airspace over the past 24 hours, including two bombers that flew along the coasts of Norway, the United Kingdom, and Portugal early on Thursday morning. NATO said its jets scrambled to intercept and monitor the “unusual” Russian flights, which also took place off the coasts of Lithuania and Turkey.
October 29, 2014

Samsung surprises no one with a terrible quarter.

  The electronics giant fulfilled its own dire predictions as its smartphone profits cratered, falling to 1.75 trillion won ($1.66 billion) from 6.70 trillion won a year ago due to fierce competition from Apple’s iPhone and cheaper Chinese competitors. Samsung said it “cautiously expects” an increase in the current quarter’s profits, but its TV and microchip units will have to do the heavy lifting.
October 29, 2014

Bad loans spiked at China’s biggest lender.

  ICBC, the world’s largest bank by assets, reported the biggest increase in bad loans since 2006 as China’s economy cooled off and its property market struggled in particular. Third-quarter nonperforming loans rose 9% from the previous quarter to 115.5 billion yuan ($18.9 billion), accounting for 1.06% of all loans.
2 hours ago

Tunisia votes in a secular party.

  The Nidaa Tounes party won 85 seats in the country’s new parliament, short of an outright majority; Islamist party Ennahda won 69 seats, and called for the formation of an inclusive government. The peaceful election was Tunisia’s second since the Arab Spring.  
2 hours ago

Hong Kong is still a very easy place to do business

  Hong Kong’s Occupy Central, which vowed to bring the city’s financial center to a standstill, hasn’t quite done its job: The World Bank says that despite the pro-democracy protests, Hong Kong is still the world’s third-best locale to do business.
7 hours ago

Zambia gets a white head of state.

  Vice president Guy Scott was named acting president after Michael Sata died in London on Tuesday, becoming the first white leader of a sub-Saharan African country since the fall of apartheid. But Scott cannot run for president as his parents were not born in Zambia.  
2 hours ago
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