• In this Sept. 30, 2012 photo, "Info Ladies" pedal their way to Saghata, a remote impoverished farming village in Gaibandha district, 190 kilometers (120 miles) north of Dhaka, Bangladesh.

    Dozens of "Info Ladies" bike into remote Bangladeshi villages with laptops and Internet connections, helping tens of thousands of people.

    LAST UPDATE : Dec 11, 2012, 4:30 PM EST
  • In this March 12, 2008 file photo dark clouds hang above the logo of the UBS in Zurich, Switzerland. Swiss banking giant UBS AG announced massive layoffs Tuesday, Oct. 30, 2012, along with huge losses in its third-quarter results, saying it aims to trim as many as 10,000 employees, or some 15 percent of its staff, to drastically shrink its ailing investment bank.

    "I suspect that many banks have not yet really understood what the consequences of the new capital rules for business will be," said Axel Weber.

    LAST UPDATE : Dec 11, 2012, 2:30 PM EST