Oil near $82, Goldman cuts price forecasts

The people who are doing researching on oil are changed their view in one month earlier they are betting on 200$per barel now they are puting the price down like anything...." By Jane Merriman LONDON (Reuters) - Oil rose above $82 a barrel on Monday after governments...

European stock markets surge more than 5 per cent

European stock markets rebound in early deals on Monday, with London, Frankfurt and Paris each up more than five per cent. Stocks also soared more than five per cent in Zurich and Amsterdam after European leaders agreed to inject billions of dollars of...

Iran's Foreign Ministry Summons UK Envoy over Terrorist

"Iran has summoned the British ambassador in Tehran to protest at the release of the only surviving terrorist involved in a 1980 terrorist attack on the Iranian Embassy in London. Britain's ambassador to Tehran ,...

Britannia to Merge with Co-Operative Financial Services Talks

BRITANNIA is Britain's second largest building Society and CFS includes the Co-Operative Bank plc, the internet bank Smile and Co-Operative Insurance.  The merger would be "part of a growth plan," said Britiannia Chief Executive, Neville Richardson, emphasising that...

BANK CRISIS SHOCK: RBS Taken Over By UK Government

It has been revealed that ailing British banking giant,the RBS group, that includes Royal Bank of Scotland and National Westminster Bank plc (Natwest) is to be taken over by the British government...

Government Set to Takeover HBOS as Lloyds TSB Merger Flounders

THE government is set to make an announcement before the markets open this morning of a £49bn rescue package, which will in effect mean that the government becomes the majority shareholder in the HBOS group, which...

Report: MP3 players threaten users' hearing

"Report: MP3 players threaten users' hearing"" People who listen to personal music players for only five hours a week at a high volume may be doing permanent damage to their hearing.A team of nine experts on the...

Travis Barker Blogs From Hospital Bed

" Travis Barker Blogs From Hospital Bed""Three weeks after narrowly surviving a Learjet plane crash that killed four people in South Carolina, including two of his pals, Travis Barker posted a...

ICELAND CRISIS: Angry Icelandic Government to Sue Britain in Kaupthing Fury

FURIOUS Icelandic ministers are today pointing the finger of blame for the collapse of their largest bank, the Kaupthing, at the British government.  Legal moves are being taken after Gordon Brown PM used a 2001...

Conker shortage caused by moth invasion

As mchawk reported at the end of August, the beloved British Chestnut trees are under attack from a fungus. Well now it seems they have a new enemy. An invasion of foreign moths has hit the conker once again.The...

Wind Farms are not a threat to birds says study

According to a new study released today, wind farms are not a threat to birds and do not drive them from the surrounding areas, which could be good news for wind farms and renewable energy sources.It has previously...

Obama relies heavily on ground effort

"Obama camp relying heavily on ground effort Campaign borrowing from top GOP strategist Karl Rove's 2004 playbook""In 2004, Democrats watched as any chance of defeating President Bush slipped away in a wave of...

NYT: GOP concern after McCain's rough week

"Concern in GOP after rough week for McCain They urge campaign to settle on clear message to use against Obama""After a turbulent week that included disclosures about Gov. Sarah Palin and signs that Senator John...

Rocksteady star Ellis dies at 70

Anyone who knows anything about reggae music will be mourning the loss of this great man. He also happened to be just a normal bloke who lived over the road from me!"Rocksteady star Ellis dies at 70 ...

City of Brotherly Love.... Welcomes Senator Barack Obama!!

Democratic presidential nominee Senator Barack Obama was in town today (Philadelphia) and spoke at 4  separate political rallies around the city today.  I was able to make it over to the final rally in the...

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