Timeline: Global credit crunch BBC News | A year ago, few people had heard of the term credit crunch. | But 12 months on, such is its effect on homeowners, businesses and financial institutions, it is a feature of everyday language and has even made it into the latest edition of the Concise Oxford English Dictionary (OED). | Defined as "a...
Unmanned spy planes to police Britain The Independent | The Government is drawing up plans to use unmanned "drone" aircraft currently deployed in Iraq and Afghanistan to counter terrorism and aid police operations in Britain. | The MoD is carrying out research and development to enable the spy planes, which are equipped with highly sophisticated monito...
Agencies branded 'waste of money' BBC News | Quangos set up to improve the fortunes of the English regions have been branded a costly and ineffectual waste of money by a pressure group. | The Taxpayers' Alliance says local economies did better before Regional Development Agencies came into fo...
Timeline: Global credit crunch BBC News | A year ago, few people had heard of the term credit crunch. | But 12 months on, such is its effect on homeowners, businesses and financial institutions, it is a feature of everyday language and has even made it into the latest edition of the Concis...
Black bear shot in British Columbia neighborhood Denver Post | COQUITLAM, British Columbia—A black bear that broke into a British Columbia home in search of food was shot and killed Thursday, a day after a woman was attacked in the same neighborhood. | The Royal Canadian Mounted Police said people at an ...
Creative Commons File / Fi´s Space from Moscow
Cusack calls 'Shanghai' unique opportunity Denver Post | Click photo to enlargeHong Kong movie star Chow Yun-Fat, left, Chinese Movie star Gong Li, center, and Hollywood star John Cusack pose for photographers during a press conference...
HealthSouth CEO Grinney sells $300,000 in company shares Business Journal > Daniel Corp. moves HQ to HealthSouth campus [Birmingham] The Med narrows management choices to FTI Cambio, Alvarez & Marsal [Memphis] HealthSouth buying Texas property [Birmingham] | HealthSouth Corp. CEO Jay Grinney sold 5 percent of his shares of...
England cricket: ECB attacks BBC for failing to bid for television rights The Guardian | The England and Wales Cricket board has attacked the BBC for failing to make any formal bid in the latest TV rights negotiations, after BSkyB retained all England home Test matches as part of a £300m deal that keeps live games off free-to-air TV u...
ImClone rejects Bristol-Myers's buyout offer Business Day NEW YORK - ImClone Systems's board, led by billionaire investor Carl Icahn, said yesterday Bristol-Myers Squibb's $4,3bn buyout was too low and undervalued ImClone's pipeline of experimental cancer drugs. | ImClone's board had formed a committee to s...
100 families a day lose their homes as repossessions soar 50% to 12-year high London Evening Standard | Britain is in the grip of an escalating repossession crisis with the numbers evicted from their home soaring nearly 50 per cent over the last year. | Between January and June, 18,900 families - equal to more than 100 families every day - lost their homes after failing to pay their mortgage. | The number who will be repossessed is set to keep on r...
Royal Bank of Scotland plunges into record loss The Times | Royal Bank of Scotland (RBS) reported a pre-tax loss of almost £700 million in the first half, after writing down £5.9 billion on investments hit by the credit crunch. It is one of the biggest losses in UK corporate history, compares with a profit of £5.1 billion a year ago, and is the first time that the bank has plunged into the red in its 40-y...
