The head of the U.S. FCC on Wednesday proposed raising the definition of the high-speed Internet to downloads at 25 megabits per second (Mbps), a more than a six-fold increase from the current standard.
Search teams looking for underwater wreckage from a crashed AirAsia passenger jet have located the tail of the aircraft, the section where the crucial black box flight recorders are housed, Indonesia's search and rescue agency chief said on Wednesday.
Royal Bank of Scotland could have to pay higher than expected settlements to cover the cost of involvement in the mis-selling of U.S. mortgage-backed securities, The Times reported on Friday, pushing RBS shares lower.
A stampede killed at least 36 people during New Year's Eve celebrations in Shanghai, authorities said, but police denied reports it was caused by people rushing to pick up fake money thrown from a building overlooking the city's famous waterfront.
