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(Reuters) — A six-year-old girl was rescued from the sunken ferry off South Korea on Wednesday (April 16), but her parents remain missing. Kwon Ji-yeon, who was separated from her family during the ferry sinking, was treated in a hospital in Mokpo near the coastal city of Jindo. Some video footage showed Kwon wearing a life vest being rescued by the coast guard. YTN quoting an official from the hospital said Kwon had no external injuries. Due to the media exposure, many people, […]
RIYADH, April 17 (PNA/Xinhua) — Saudi Arabia reported Wednesday one new death of a Saudi citizen, 52, and five cases of MERS corona virus, according to a statement by the Health Ministry. The total number of cases rose to 205, including 71 deaths since the first case was diagnosed in 2012. All the new cases are in Jeddah. Among the new cases are two citizens and three residents, of which two are medics. One is […]
By Aman Shah Wed Apr 16, 2014 6:41pm EDT (Reuters) – American Express Co’s (AXP.N) quarterly profit beat analysts’ average estimate as a tighter control on expenses helped make up for slower growth in consumer spending in its key U.S. market. The world’s biggest credit card issuer said an unusually severe winter caused billed business in the United States to rise 6 percent in the first quarter, lower than the 9 percent growth in the […]
By Malathi Nayak SAN FRANCISCO Wed Apr 16, 2014 9:47pm EDT (Reuters) – Sony Corp said on Wednesday it sold more than 7 million PlayStation 4 videogame consoles in just over four months to April 6, double the number of the older version, PlayStation 3, sold in about the same time frame after its launch. Sony is struggling to keep pace with demand for the videogame console, the Japanese company said in a statement. “Although […]
Wed Apr 16, 2014 11:25pm EDT (Reuters) – China’s Weibo Corp will be valued at a lower-than-expected $3.46 billion when it goes public on the Nasdaq on Thursday, amidst concerns about the microblogging service’s slowing user growth and the country’s highly censored media environment. The Twitter-like microblogging service, owned by web portal Sina Corp, sold 16.8 million American Depositary Shares (ADSs) for $17 apiece, raising $285.6 million, an underwriter told Reuters. The company had planned […]
By Supantha Mukherjee and Soham Chatterjee Wed Apr 16, 2014 7:10pm EDT (Reuters) – IBM Corp reported its lowest quarterly revenue in five years on Wednesday as the company struggles with falling demand for its storage and server products. Shares of Big Blue fell about 4 percent to $188.20 in after-hours trade. Total revenue fell 4 percent to $22.5 billion in the first quarter, below analysts’ average estimate of $22.91 billion. “They have had eight […]
By Alexei Oreskovic SAN FRANCISCO Wed Apr 16, 2014 8:05pm EDT (Reuters) – Google Inc’s first-quarter revenue fell short of Wall Street targets and margins narrowed as the price of its ads continued to decline, underscoring the challenges Internet companies face as the world shifts toward mobile devices. Shares of Google were down 3 percent to $539.80 in afterhours trading on Wednesday, after initially sliding roughly 6 percent on the news. The number of “paid […]
By Wayne Cole SYDNEY Wed Apr 16, 2014 10:28pm EDT (Reuters) – Asian share markets eked out gains on Thursday as dovish comments from the head of the U.S. Federal Reserve combined with an upbeat economic assessment from the central bank to lift Wall Street for a third straight session. However, disappointing results from Google and IBM knocked their shares lower after the bell and could crimp technology stocks in the region. Indeed, the tech […]
By Piya Sinha-Roy LOS ANGELES Wed Apr 16, 2014 6:30pm EDT (Reuters) – Two Nordic princesses held their reign atop the weekly Billboard 200 album chart on Wednesday as the soundtrack to Disney’s hit animated film “Frozen” crossed the 2 million sales mark and continued to hold off new entries. “Frozen,” led by its Oscar-winning hit song “Let It Go,” sold 133,000 copies in its 20th week on the chart, according to figures from Nielsen […]
Wed Apr 16, 2014 2:06pm EDT (Reuters) – Claycourt machine Rafael Nadal recovered from a stuttering start to beat Russian qualifier Teymuraz Gabashvili 6-4 6-1 and reach the third round of the Monte Carlo Masters on Wednesday. The world number one, whose eight-year reign in the principality ended last year, conceded an early break but eventually proved too much to handle for Gabashvili on centre court. Nadal, who is on a 29-match winning streak on […]
Wed Apr 16, 2014 8:14pm EDT (Reuters) – Dave Tippett, coach of the National Hockey League’s Phoenix Coyotes, will coach Canada’s men’s ice hockey team at next month’s world championship, Hockey Canada said on Wednesday. Tippett, who represented Canada at two Olympics as a player, serving as captain in 1984 and winning a silver medal 1992, will be assisted by fellow NHL head coaches Paul Maurice (Winnipeg Jets) and Peter DeBoer (New Jersey Devils). “As […]
By David Beasley ATLANTA Wed Apr 16, 2014 6:15pm EDT (Reuters) – Atlanta has landed a Major League Soccer expansion team that will play beginning in 2017 in the city’s new open-air stadium downtown, officials announced on Wednesday. Arthur Blank, owner of the National Football League’s Atlanta Falcons team and a co-founder of Home Depot Inc. purchased the new franchise, which will be the league’s 22nd team, he told reporters. “This is an exciting day […]
