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Stocks fall after jobless claims jump

London :: United Kingdom | about 14 hours ago | Business News

Source: Seattle Times

Fresh worries about widening unemployment added to investors' list of concerns about the economy Thursday. The major indexes declined in volatile trading, extending losses from Wednesday's steep sell-off. Wall Street was unnerved after new claims for unemployment benefits climbed to...

32 news stories / 25 blog posts / 7 images / 30 videos / 0 voices

UK to Offer Help to Small Businesses

London :: United Kingdom | about 16 hours ago | Business News

Source: Epoch Times

British finance minister Alistair Darling will unveil measures next week to help small businesses cope with the toughest economic conditions since the 1930s, the Financial Times reported on Thursday. He will underwrite new loans to small firms and extend taxpayer...

21 news stories / 24 blog posts / 30 images / 28 videos / 0 voices

Banks thrive in role of top bananas

London :: United Kingdom | about 3 hours ago | Business News

Source: Times Online

There are at least five ways of saying, “with the benefit of hindsight”. We know because Sir Tom McKillop, the chairman of Royal Bank of Scotland, wheeled out all five in his apology to shareholders yesterday. A once mighty institution...

8 news stories / 6 blog posts / 30 images / 9 videos / 0 voices

Madonna-Ritchie divorce all set

London :: United Kingdom | about 17 hours ago | Entertainment News

Source: Inquirer.net

Pop megastar Madonna and her British husband Guy Ritchie are to be divorced in London Friday, according to a court listing, as reports said they had struck a deal giving him little of her vast fortune. The case was listed...

19 news stories / 10 blog posts / 30 images / 30 videos / 0 voices

`Chinese Democracy' begins streaming on MySpace

Roses :: Spain | about 12 hours ago | Entertainment News

Source: Miami Herald

The protracted wait for "Chinese Democracy" is over, as all 14 tracks of the long-anticipated album began streaming now on MySpace.com sometime Thursday...Recording began in 1994, when Guns N' Roses was a sure-selling, solid hard-rock band fronted by singer Axl...

12 news stories / 11 blog posts / 3 images / 30 videos / 0 voices

Madonna and Ritchie divorce set for today

London :: United Kingdom | about 4 hours ago | Entertainment News

Posted by vishnughimire

LONDON: US pop star Madonna and husband Guy Ritchie are to divorce in London today, according to the High Court where so-called “quickie” divorces are formalised. The case was listed yesterday under the names Ciccone M L v Ritchie G...

17 news stories / 3 blog posts / 15 images / 24 videos / 1 voice

Putin pledges to guide Russia through crisis

Moscow :: Russia | about 5 hours ago | Business News

Posted by vishnughimire

MOSCOW: Prime Minister Vladimir Putin has moved to reassure Russians over the growing financial crisis, vowing the government would do everything to prevent a repeat of the economic shocks of the 1990s. In a speech loaded with statistics and economic...

19 news stories / 6 blog posts / 19 images / 16 videos / 1 voice

Madonna and Ritchie to divorce today.

London :: United Kingdom | about 8 hours ago | Entertainment News

Posted by vishnughimire

By Mike Collett-White LONDON (Reuters) - Pop star Madonna and husband Guy Ritchie are to divorce in London on Friday, according to the High Court where so-called "quickie" divorces are formalized. The case was listed on Thursday under the names...

18 news stories / 4 blog posts / 13 images / 21 videos / 1 voice

Recession fears hit stock markets

London :: United Kingdom | about 10 hours ago | Business News

Posted by thapaprajwal

World shares have fallen amid concerns that the world economy will enter a protracted downturn. The US Dow Jones index Industrial Average fell 2.3% in early trade while the wider S&P 500 Index shed 3%. London's FTSE 100, the Paris-based...

30 news stories / 6 blog posts / 1 image / 11 videos / 0 voices

RBS boss apologises over losses

London :: United Kingdom | about 10 hours ago | Business News

Posted by thapaprajwal

Royal Bank of Scotland (RBS) chairman, Sir Tom McKillop, has said he is "profoundly sorry" for the bank's financial difficulties. Shareholders are voting shortly to accept a £20bn ($29.9bn) government bail-out for RBS. Sir Tom said he was "sorry" about...

18 news stories / 1 blog post / 6 images / 3 videos / 0 voices