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Xbox aim to be ‘future of TV’

(CNN) -- An update rolling out Tuesday for the Xbox Live network aims to do what Microsoft has been teasing for a while -- turn a platform designed primarily for video games into one that will be the major hub for all television viewing. Microsoft promises the update, which it calls "the future of TV," can "transform every Xbox 360 into an all-in-one device to enjoy your entertainment." "The update is anoth ...

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Ontarians pay highest car insurance in Canada

Ontario drivers pay significantly more for auto insurance than other Canadians, in part because the average cost of accident injury claims is five times higher than in other provinces, auditor general Jim McCarter reported Monday. Auto insurance fraud cost the industry about $1.3 billion a year in Ontario, but the province "does not have significant measures in place to combat fraud," McCarter warned in his ...

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Brazil 2014 will have goal-line technology

  Fifa president Sepp Blatter has revealed that goal-line technology will be introduced for the 2014 World Cup in Brazil. The 75-year-old ignored repeated calls for technology to be brought in following the controversy at last year's World Cup in South Africa, when England midfielder Frank Lampard saw an effort ruled out against Germany despite the ball having clearly crossed the line. That was just on ...

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BP claims Halliburton destroyed evidence

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/bd9d4588-1f75-11e1-ab49-00144feabdc0.html#ixzz1fjFfWzK5 BP has accused Halliburton, the oil services group, of intentionally ...

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Stocks: Desperately seeking EU superheroes

NEW YORK (CNNMoney) -- Once again, investors all over the world will be looking to Europe to determine how to bet on the markets. The big difference next week: Investors have a newfound faith that central bankers and politicians will work together to keep the markets from falling into disarray. There's that much more pressure on the leaders of 27 European Union nations to give the market answers to how the ...

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Socrates so much more than a footballer

Just over five years ago, when Brazil’s 1982 World Cup coach Tele Santana died, team captain Socrates recalled the scene in the dressing room after their elimination by Paolo Rossi’s Italy at the second group stage. As the media were searching for explanations, there were tears and tantrums, dejection and disappointment. Amid the chaos, Santana stood peacefully, proud of his team and the glorious football t ...

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Italian prime minister presents €30 billion budget plan

Rome (CNN) -- Italy's new prime minister presented lawmakers with his proposal for €30 billion ($41 billion) in new taxes and spending cuts Monday, saying the "painful measures" would end the country's budget crisis. "We are aware that the measures mean sacrifices. But not making the sacrifices today would mean making more painful ones in a few weeks, maybe even in a few days," Prime Minister Mario Monti to ...

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Dempsey strike downs 10-man Liverpool

Clint Dempsey's late winner gave Fulham victory against 10-man Liverpool in the Premier League and ended the visitors' hopes of a seventh away win in a row. The visitors saw Jay Spearing dismissed after 71 minutes when he won the ball but then clattered into Moussa Dembele. Liverpool were punished in the 85th minute as Dempsey finished after Jose Reina spilled Danny Murphy's strike. Earlier Jordan Henderson ...

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BP says Halliburton ‘intentionally destroyed evidence

(CNN) -- BP is accusing Halliburton of having "intentionally destroyed evidence" related to the explosion aboard an oil rig in the Gulf of Mexico that led to the worst oil spill in U.S. history. The accusation comes in court papers filed by BP Monday in federal court in New Orleans as part of a lawsuit aimed at having sanctions imposed on Halliburton Energy Services Inc., which was a contractor for BP on th ...

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Syria agrees to Arab League call for observers, but with conditions

(CNN) -- Syria agreed Monday to Arab League demands that it allow observers into the country, but on the condition that the group immediately drop sanctions and agree to amendments that league officials have previously rejected. The league's deadline for Syria to respond to its demands to admit observers or face additional sanctions expired at midnight Sunday. Foreign Minister Walid al-Moallem sent a letter ...

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