Shell third-quarter profits surge on high oil price (AFP) Posted: 30 Oct 2008 04:23 AM CDT AFP - Anglo-Dutch energy giant Royal Dutch Shell said on Thursday that net profits jumped 22 percent to 5.1 billion pounds in the third quarter, when oil prices hit record highs.
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House prices plunge at record pace (AFP) Posted: 30 Oct 2008 04:16 AM CDT AFP - House prices slumped a record 14.6 percent in October from the equivalent level 12 months ago in the latest sign of the country's economic struggles, a survey by Nationwide bank showed on Thursday.
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Iceland PM says paying back British savers would be crippling (AFP) Posted: 30 Oct 2008 03:11 AM CDT AFP - Icelandic Prime Minister Geir Haarde said in an interview published Thursday that his country cannot afford to fully compensate British savers who lost money in its stricken banks, as it would be crippled.
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Soldiers deafened by Afghan combat (AFP) Posted: 30 Oct 2008 03:04 AM CDT AFP - Hundreds of British soldiers who have served in Afghanistan have had their hearing permanently damaged because of the noise of intense combat, a newspaper reported Thursday.
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Canadian convicted in plot to bomb British targets (AP) Posted: 29 Oct 2008 03:37 PM CDT AP - A Canadian accused of plotting with a group of British Muslims to bomb buildings and natural gas lines in the United Kingdom was convicted Wednesday of financing and facilitating terrorism.
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Olympic speechwriter cost a non-runner with MP (AFP) Posted: 29 Oct 2008 02:03 PM CDT AFP - Plans to employ a speech-writer at a salary of up to 50,000 pounds a year for Tessa Jowell, minister for the 2012 London Olympics, were attacked by a member of her own party on Wednesday.
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Russell Brand quits BBC after prank calls flap (AP) Posted: 29 Oct 2008 01:32 PM CDT AP - Every entertainer knows there's a fine line between offbeat and offensive. Russell Brand has built a career walking it but now he may have stumbled.
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Woman loses challenge over assisted suicide (AFP) Posted: 29 Oct 2008 12:05 PM CDT AFP - A woman who suffers from multiple sclerosis lost Wednesday a legal challenge over whether her husband could be prosecuted if he helps her to commit suicide.
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Energy giant Shell appoints Voser as new chief executive (AFP) Posted: 29 Oct 2008 11:55 AM CDT AFP - Anglo-Dutch energy group Royal Dutch Shell on Wednesday named chief financial officer Peter Voser as its new chief executive.
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HBOS issues bond backed by government (AFP) Posted: 29 Oct 2008 11:52 AM CDT AFP - Struggling bank HBOS said Wednesday it had issued a two-year bond of 3.0 billion euros (3.8 billion dollars) backed by the British government.
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London's largest mall to open despite downturn (AP) Posted: 29 Oct 2008 11:44 AM CDT AP - With marble floors, crystal chandeliers and a champagne bar, the Westfield London mall is glitzy and big. But when the doors open Thursday, the retail temple faces the most daunting retail environment in recent memory.
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Watchdog wary of giant databases (AFP) Posted: 29 Oct 2008 11:30 AM CDT AFP - The creation of larger centralised databases will further aggravate the risk of personal information being lost or abused, the privacy watchdog warned on Wednesday.
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Govt bolsters forces in Afghanistan with new vehicles (AFP) Posted: 29 Oct 2008 09:56 AM CDT AFP - The government is to buy up to 700 new and upgraded armoured vehicles to protect its forces in Afghanistan, where they face a "new and developing" insurgent threat, Prime Minister Gordon Brown said Wednesday.
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Johnson presses Premier League clubs over low staff pay (AFP) Posted: 29 Oct 2008 08:34 AM CDT AFP - London Mayor Boris Johnson has urged the city's top Premier League football clubs to ensure all their staff are paid at least the minimum wage for living in the capital, a report said Wednesday.
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Lufthansa to take control of Britain's BMI (AFP) Posted: 29 Oct 2008 11:12 AM CDT AFP - Germany's leading airline, Lufthansa, said on Wednesday it would take over British carrier BMI, giving it a strong foothold in Europe's biggest airport even as it acknowledged a sharp drop in third quarter results.
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BP will cut more jobs despite soaring profits (AFP) Posted: 29 Oct 2008 06:05 AM CDT AFP - Energy giant BP, fresh from unveiling an 83-percent jump in third-quarter net profits, is planning to cut more jobs than previously announced, the Financial Times reported on Wednesday.
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