- (FT) The salmon fish farming industry is now testing the use of protein from biological yeast and Norwegian spruce trees, in an effort to go to 0% fishmeal in the feed.
- A document obtained by SPIEGEL ONLINE indicates the German government is preparing to procure armed drones for foreign combat. Opposition politicians are outraged by the development and note that the use of weapons-equipped unmanned aircraft is legally dubious and possibly unethical.
- Global Smartphone shipments grew 43% YoY to reach a record 700 million units in 2012. QoQ, Nokia's net sale of smart devices rose by 26%.
- (BBC) Mussolini had been wrong to pass anti-Jewish laws but had otherwise been a good leader, said Mr Berlusconi.
- According to global consultancy Ernst and Young, worldwide investments done in line with Islamic law, known as Shari'ah, will reach 1.8 trillion U.S. dollars globally in 2013.
- British economy contracts 0.3% in Q4 of 2012.
- Spanish economy contracts by 1.3%in 2012 -- unemployment reached 26.02% in December. Meanwhile, youth unemployment in Spain stood at 55.13%. Thanks A (Austerity) Merkel.
- A think tank predicted that China's GDP would grow in 2013 at a rate of 8.4%, up by 0.6% from that of 2012.
- (Telegraph) Apple shuttled $11bn (£7bn) into offshore tax havens in the fourth quarter of 2012, an analysis of its corporate filings has revealed. The iPad maker has slashed its tax bill by paying less than 2% on its overseas profits, as it moves money through offshoots in low-tax countries such as the British Virgin Islands. Apple's completely legal tax avoidance strategies bring the total the company has sheltered from the US tax authorities to $94bn, according to a Sunday Times analysis. Corporation tax on Apple's overseas operations amount to just 1.9pc of profits, compared with a tax rate of up to 24pc in the UK and 35pc in the US.
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