New York  - Tiffany & Co, the world's second-largest retailer of luxury jewelry, on Monday reported lower fourth-quarter profits that beat analysts' expectations, sending its shares up 15 per cent.

To deal with lower sales in these tough economic times, the company said that it cut costs and jobs, but did not cut prices.

Net income dropped 76 per cent to 31.1 million dollars, while revenue fell 20 per cent to 841.2 million dollars in the three months ended January 31.

New York, Mar 23: Americ

New York, Mar. 23 : Having spent almost a year in the public doghouse because of his association with a high-profile Washington-based sex solicitation and gratification ring, former New York Governor Eliot Spitzer candidly accepts his personal flaws, but simultaneously says that if an opportunity arises to serve the public again, he would not shy away from it.

Last week, he re-emerged as an early critic of AIG, warned of "rank populism", praised Obama, suggesting that he has left a door open for a comeback.

New York, March 21: Barack Obama’s appearance on ‘Tonight Show’ has gathered one of the fourth highest rankings in Jay Leno’s 15 years of hosting.

According to Preliminary Nielsen figures, the last time the show had such tremendous success was on May 14, 1998, the night that saw the "Seinfeld" finale, reports the New York Daily News.

Meanwhile, the president has some fans to woo back after taking a dig on his 129 bowling score by comparing it to something from the Special Olympics.

New York, March 21: Michelle Obama unveiled another side to her President hubby Barack when she said he was far from understanding fashion.

The First Lady amusingly revealed that her better half would often ask her to repeat her wardrobe, making her wish he’d stay away from her closet.

“He doesn’t understand fashion,” the New York Times quoted her as saying in an interview.

New York  - The United Nations called Friday for the injection of 15 billion dollars a year into the global water market to meet daily water needs of billions of people as it marks World Water Day on Sunday.

March 22 each year is dedicated to water, a commodity called "the most precious natural resource" by UN Secretary General Ban Ki-moon.

"More than ever we need to work together to use it wisely," Ban said in a prepared message for World Water Day.