Chief executives at the largest U.S. companies are much more optimistic about their sales prospects than they were three months ago, though many remain cautious about hiring.
The Business Roundtable said Wednesday that 72 percent of its members expect sales will increase in the next six months. That's up from 58 percent at the end of last year. And 38 percent plan to invest more in plant and equipment, up from 30 percent in October-December quarter, when the Roundtable released its last report.

Ninety-one percent of people living in Asia have improved access to clean water, a remarkable achievement over the last two decades in the world's most populous region. But its richest countries and wealthiest citizens likely have better water supplies and governments better prepared for natural disasters.
The assessments made by the Asian Development Bank in a study published Wednesday say countries in the region could be disproportionally affected by the potential impact of climate change if they did not rethink how they manage their water resources. Nearly half of the deaths caused by water-related disasters and 90 percent of people affected by such disasters from 1980 to 2006 lived in Asia, the report said.

Eva Longoria hasn't slowed down since "Desperate Housewives" signed off after eight seasons last year. In fact, the actress says the word "lazy" isn't in her vocabulary.
"There are days when I relax but it won't be a full day. It usually means I'm gonna clean out my closet. That's relaxing for me. Or I'm gonna cook a full meal for my family and friends," Longoria, who will be 38 on Friday, said in a recent interview.

The Dutch government has raised its terror threat level from "limited" to "substantial," saying Dutch citizens are traveling to Syria to fight in the civil war and could return battle-hardened, traumatized and further radicalized.
The country's National Coordinator for Security and Counterterrorism said in a statement Wednesday "the chance of an attack in the Netherlands or against Dutch interests abroad has risen."

The Iraqi Oil Ministry says seven international oil companies have qualified to bid for developing a promising oil field and build a refinery in the country's south.
Ministry spokesman Assem Jihad said on Wednesday that the companies will vie for developing the 4.4-billion-barrel Nasiriyah field and the construction of a 300,000 barrel a day refinery nearby. Jihad added that the actual date for receiving bids has not been set yet.

Spanish clothes retailer Inditex, which owns the Zara store chain, has posted a 22 percent increase in net profit in 2012 thanks to growth in eastern Europe and in online sales in Canada and China.
Inditex said Wednesday that profit for last year grew to €2.36 billion ($3.08 billion). Sales were up by 16 percent to €15.9 billion.

Some South African Catholics say they hope a new pope will reform their church to allow them to help prevent the spread of AIDS, deal with pregnancies resulting from rape, and think about allowing priests to marry.
Congregants at a progressive parish in downtown Johannesburg say a new pope should balance tradition with the needs of a flock negotiating a modern world dangerous with sexual abuse, AIDS, poverty and contempt of women.

Iranian media say authorities are planning to sue Hollywood over the Oscar-winning "Argo" because of the movie's allegedly "unrealistic portrayal" of the country.
Several news outlets, including the pro-reform Shargh daily, said on Tuesday that French lawyer Isabelle Coutant-Peyre is in Iran for talks with officials over how and where to file the lawsuit. Coutant-Peyre is also the lawyer for notorious Venezuelan-born terrorist Ilich Ramirez Sanchez, known as Carlos the Jackal.

Facing public outrage over smog-choked cities and filthy rivers, China's leaders are promising to clean up the country's neglected environment — a pledge that sets up a clash with political pressures to keep economic growth strong.
An array of possible initiatives discussed by officials and state media ahead of this week's meeting of China's legislature include tightening water standards and taxing carbon emissions. No change is expected at the National People's Congress, which will be dominated by the installation of a new Cabinet under Communist Party leaders who took power in November. But the meeting offers a platform to try to appease the public by discussing possible changes.

The Cannes Film Festival has an American flavor this year, with a Hollywood icon heading the jury and a quintessential U.S. literary figure opening the event: The Great Gatsby.
Organizers said Tuesday that the film "The Great Gatsby," with Leonardo DiCaprio in the title role and directed by Australian Baz Luhrmann, will open this year's Cannes festival — in 3D, no less.
