British officials relax safety rules over ash (AP) Posted: 17 May 2010 03:35 PM PDT AP - Aviation authorities introduced relaxed flight safety rules Monday to minimize more disruptions caused by a volcano eruption in Iceland, as three of Europe's busiest airports reopened after a dense volcanic ash cloud dissipated.
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Court halts wave of British Airways strikes (AFP) Posted: 17 May 2010 12:30 PM PDT AFP - British Airways on Monday blocked a series of four five-day strikes by cabin crew after the High Court in London granted an injunction just hours before they were due to start.
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Nissan says to sell Leaf electric car for under 24,000 pounds (AFP) Posted: 17 May 2010 09:58 AM PDT AFP - Japanese carmaker Nissan announced on Monday that the company's Leaf electric car will be sold in Europe for under 30,000 eurosafter various government incentives.
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FTSE ends flat on debt fears (AFP) Posted: 17 May 2010 09:19 AM PDT AFP - London's leading shares ended flat on Monday as fears that Europe's debt crisis is still out of control continued to haunt investors.
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Plane crashes in Afghanistan with 43 on board (AFP) Posted: 17 May 2010 12:38 PM PDT AFP - An Afghan passenger plane carrying 43 people crashed in the mountains of northern Afghanistan on Monday, sparking a frantic search operation, officials said.
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Ex-minister Miliband praises candidate brother (AFP) Posted: 17 May 2010 07:59 AM PDT AFP - Former foreign secretary David Miliband formally launched his bid to lead the Labour party Monday with praise for his only challenger for the job so far -- his younger brother Ed.
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Three Britons on board crashed Afghan plane (AFP) Posted: 17 May 2010 07:29 AM PDT AFP - Three British citizens were on board an Afghan passenger plane that crashed in northern Afghanistan on Monday, the British embassy in Kabul told AFP.
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Prudential eyes record takeover of Asian insurer (AFP) Posted: 17 May 2010 07:24 AM PDT AFP - Insurance giant Prudential said Monday it will raise £14.5 billion from the sale of new shares to help fund a record takeover of Asian insurer AIA.
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Emergency budget date set amid deficit fears (AFP) Posted: 17 May 2010 07:15 AM PDT AFP - The government will announce an emergency budget on June 22, new chancellor George Osborne said Monday, warning of an urgent need to tackle the deficit or face the prospect of a Greek-style debt crisis.
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Prudential details $20.9B rights issue for AIA (AP) Posted: 17 May 2010 07:11 AM PDT AP - Prudential PLC on Monday announced a rights issue to raise 14.5 billion pounds ($20.9 billion) to help finance its $35.5 billion acquisition of the Asia-based life insurer AIA Group from bailed-out U.S. insurance firm AIG. |
Credit crunch stress hits the workplace (AFP) Posted: 17 May 2010 06:56 AM PDT AFP - The economic downturn has had a big impact on the mental wellbeing of people in the workplace, according to a study published on Monday.
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Search for downed Afghan plane to resume at dawn (AP) Posted: 17 May 2010 02:00 PM PDT AP - Dense fog hindered rescuers who fanned out across mountainous terrain on Monday to search for the wreckage of an Afghan passenger plane that vanished with 44 passengers on board. There was no immediate word of casualties.
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Britons take comic strip to Cannes (AFP) Posted: 17 May 2010 06:03 AM PDT AFP - Bond girl Gemma Arterton stars in a tale of seduction in the English countryside in Stephen Frears' new film "Tamara Drewe" that premiered at the Cannes film festival on Monday.
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UK coalition to announce 2010 cuts next week: Osborne (Reuters) Posted: 17 May 2010 05:34 AM PDT Reuters - Britain's new coalition government will next Monday outline six billion pounds ($8.75 billion) of spending cuts this year ahead of its first budget on June 22, finance minister George Osborne said on Monday.
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UK Treasury chief to begin major spending cuts (AP) Posted: 17 May 2010 04:58 AM PDT AP - Britain's new coalition government will outline spending cuts of some 6 billion pounds ($8.9 billion) this year in an emergency budget next month, Treasury chief George Obsorne said Monday.
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MP stabbing suspect appears in court (AFP) Posted: 17 May 2010 04:36 AM PDT AFP - A woman appeared in court on Monday accused of attempting to murder Labour MP Stephen Timms who was stabbed at one of his surgeries for constituents in east London last week.
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Ex-minister tells successor 'there's no money left' (AFP) Posted: 17 May 2010 04:04 AM PDT AFP - The scale of the economic challenge facing the new government was laid out in a one-sentence letter left by an outgoing minister which said: "There's no money left", it emerged Monday.
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Iraq war hero's 100mph suicide bid (AFP) Posted: 17 May 2010 03:29 AM PDT AFP - War hero Johnson Beharry, Britain's highest-decorated serving soldier, tried to kill himself in a high speed car crash as he struggled with the trauma of the Iraq war, he told a newspaper Monday.
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Love boat as Aussie, British solo sailors linked (AFP) Posted: 17 May 2010 03:06 AM PDT AFP - Australia's teen yachtswoman Jessica Watson was romantically linked with a fellow round-the-world sailor, Britain's Mike Perham, on Monday, in a new twist to a story which has captivated the nation.
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Cameron vows audit, defends parliament plans (AFP) Posted: 17 May 2010 12:24 AM PDT AFP - Prime Minister David Cameron defended his plans to change the way parliament works and pledged a full audit of government spending, in his first major interview since taking office.
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