Manchester´s largest employer has provoked a union backlash by cutting 10 per cent of its workforce to save £100 million
President Putin intervened last night to try to defuse the escalating diplomatic row between Russia and Britain. He said that the two countries would soon recover from what he dismissed as a “mini-crisis”.
Rocketing global oil prices could force the Bank of England to keep interest rates higher for longer to stamp out fears of spiralling inflation, analysts have warned.
After supply cuts from producers´ cartel Opec, and predictions that global energy demand will remain strong, the cost of a barrel of Brent Crude rose by well over $1 on Friday, to close at $73.93, near the all-time highs of last summer.
Russia said on Thursday it would expel four British diplomats from Moscow, retaliating for Britain´s decision earlier this week to send home four Russian diplomats.
Jacques Chirac, the former French president, was being questioned today by a judge investigating a "fake jobs" scam during his long reign as mayor of Paris, judicial officials said.
The world´s richest corporations and finest minds spend billions trying to solve the problem of carbon emissions, but three fishing buddies in North Wales believe they have cracked it.
Nokia launched a service on Thursday which it said would cut the time a GPS-enabled cellphone takes to pinpoint its whereabouts, opening new opportunities for location-based online services.
China´s annual economic growth surged to an 11-½ year high of 11.9 percent in the second quarter, cementing expectations for tighter policy to keep the world´s fastest-growing major economy from overheating.
U.S. motorcycle maker Harley-Davidson Inc. (HOG.N: Quote, Profile, Research) said on Thursday that quarterly earnings rose 19 percent as a strong performance in foreign markets offset a greater-than-expected decline in U.S. sales during a key quarter.
Shares in Whitbread jumped as much as 3.7 percent to 1,946 pence on Thursday on renewed bid talk in the market, with traders now citing speculation that French group Accor was likely to bid.
Equities overcame concerns about credit market risks on Thursday, rising solidly while the dollar stuck close to record lows against the euro.
Exiled Russian businessman Boris Berezovsky said on Wednesday British police warned him last month of a plot to kill him and he fled the country, escaping a threat he said bore the hallmarks of Russia´s security service.
Russia on Wednesday rejected a NATO offer to hold a special conference on a key European arms pact and instead proposed working on a new agreement, local news agencies quoted a top defence ministry official as saying.
The U.S. immigration service reversed itself again on "green cards" on Tuesday, saying it would begin immediately accepting applications from thousands of foreign professional workers.
Bosnia´s war crimes court on Wednesday acquitted Momcilo Mandic, the most senior ethnic Serb official indicted by Bosnian authorities, of all charges related to crimes during the 1992-95 war.
Honda Motor Co. (7267.T: Quote, Profile, Research) will build a second car plant in Thailand and a new motorcycle factory in Vietnam as well as boosting capacity in other regions to meet growing demand abroad even as the Japanese market shrinks.
The dollar hit a 12-year low against major currencies and stocks fell broadly on Wednesday as concerns grew that a fallout from the high-risk U.S. mortgage sector could deal a blow to the broader economy.
NATO countries are not giving the international force securing Afghanistan enough support and there are worrying signs that the Taliban are growing stronger, a detailed study by Britain´s parliament has found.
Rescue workers sifted on Wednesday through the smoldering wreckage of a jet liner that crashed at Sao Paulo airport, killing as many as 200 people in Brazil´s second major air disaster in less than a year.
A transfer of power in Cuba to acting President Raul Castro could pave the way for a debate on its return to the Organization of American States, the head of the hemispheric forum said on Monday.
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