United Kingdom | Wednesday, 7 January 2009
News Archives
Global News
Hutton meets Iraq's Maliki in Baghdad 
New Defence Secretary John Hutton made his first visit to Iraq on Sunday, accompanied by officials who will discuss with Iraqi counterparts ...
20 Oct 1999 - By Reuters - News
Global recession rocks Asia factories as demand fades 
New orders at Chinese factories tumbled in November while their U.S. retail customers used deep discounts to lure shoppers at the start of ...
1 Dec 2008 - By Reuters - News
Government to borrow to revive economy 
The government will spend billions of borrowed pounds to fund tax cuts and spending in the hope of preventing a recession spiralling into a ...
25 Nov 2008 - By Reuters - News
Germany falls into recession 
Germany has fallen into recession and China industry output growth dropped to its lowest in seven years, data showed on Thursday, ...
13 Nov 2008 - By Reuters - News
Two British soldiers killed in Afghanistan 
Two British Royal Marines have been killed in an explosion in southern Afghanistan, the Ministry of Defence said on Thursday, as a poll ...
13 Nov 2008 - By Reuters - News
 
Companies
RBS gets Chinese approval for Suzhou stake 
Chinese regulators have approved Royal Bank of Scotland's (RBS) move to buy an almost twenty per cent stake in Suzhou Trust, sources ...
27 Jun 2010 - By IBTimes.com - News
Toyota to shut plants 
Toyota Motor Corp will shut all its factories in Japan for 11 days to combat a global slowdown that is not only hitting company profits but ...
6 Jan 2009 - By Reuters - News
U.S. auto bailout focus shifts to Senate 
A proposal to bail out the big three U.S. automakers passed the House of Representatives but its prospects looked grim in the Senate where ...
11 Dec 2008 - By Reuters - News
Sony to cut 8,000 jobs 
Japan's Sony said it will slash about 4 percent of its workforce, scale back investments and pull out of businesses as it aims to cut ...
9 Dec 2008 - By Reuters - News
Qantas says BA merger faces major hurdles 
Qantas Airways warned investors its proposed $5.6 billion (3.77 billion pounds) merger with British Airways (BA) faced major obstacles over ...
8 Dec 2008 - By Reuters - News
 
Markets
World stocks and dollar rise 
World stocks rose on the first trading day of the year after a dismal 2008, while the dollar gained. Crude oil and metal prices fell, as ...
2 Jan 2009 - By Reuters - News
Terrible 2008 for stocks ending on up note 
World stock markets closed out the year on Wednesday with some having registered their worst annual losses in history, although December ...
31 Dec 2008 - By Reuters - News
Pound hits 6-1/2 year low vs dollar 
Sterling hit a record low on a trade-weighted basis and a 6-1/2 year low against the dollar on Tuesday, nagged by a grim outlook for the ...
30 Dec 2008 - By Reuters - News
Bank makes shock 1.5 percentage point cut 
The Bank of England made a shock 1.5 percentage point cut in interest rates on Thursday to just 3 percent, their lowest level in more than ...
6 Nov 2008 - By Reuters - News
Oil rises over $1 to near $69 
Oil rose over $1 to near $69 a barrel on Monday, reversing earlier losses of more than $1, as Asian stock markets climbed on signs of ...
3 Nov 2008 - By Reuters - News
 
Personal Finance
What the Bank has to weigh up 
The Bank of England is expected to cut interest rates to 4 percent or below from 4.5 percent on Thursday due to the bad economic ...
3 Nov 2008 - By Reuters - News
Credit crisis hits consumer morale 
The global financial crisis weighed heavy on consumer morale in October and fears about banks' stability and the economy made people ...
31 Oct 2008 - By Reuters - News
Household gas bill cut unlikely this year 
Household gas prices are unlikely to fall until early next year and will only be cut then if wholesale costs continue to weaken over ...
31 Oct 2008 - By Reuters - News
House prices post biggest annual drop 
House prices fell 1.4 percent in the month of October to post their biggest annual drop since comparable records began in 1991, the ...
30 Oct 2008 - By Reuters - News
Negative equity risk looms 
About 1.2 million households could fall into negative equity if the housing slump continues during the global economic downturn, the Bank ...
29 Oct 2008 - By Reuters - News
 
Technology
Green gadgets aim to woo eco shoppers 
Gadget makers showed off their green credentials at a technology show in London on Friday to try to tempt consumers worried about soaring ...
3 Nov 2008 - By Reuters - News
Hover chair hopes to rise above woes 
A "Star Wars" inspired hover chair, a 125 mph electric motorbike and hi-fi speakers that cost as much as a small house are among ...
31 Oct 2008 - By Reuters - News
Touchscreens heat up enthusiasm for gadgets 
More and more shoppers are willing to spend on gadgets with a touchscreen - even if it means they lose on extra features and better ...
30 Oct 2008 - By Reuters - News
Microsoft warns of financial crisis email scams 
Internet fraudsters will try to exploit the global financial crisis by sending fraudulent emails purporting to offer cash-strapped ...
30 Oct 2008 - By Reuters - News
Microsoft's Windows 7 aims to simplify 
Microsoft Corp is betting its next Windows operating system will be faster and easier to use and avoid the missteps from the introduction ...
29 Oct 2008 - By Reuters - News
 
Entertainment
Fan of Paula Abdul found dead near star's home 
A woman who once tried out for top-rated television show "American Idol" and appears to have been an obsessed fan of judge Paula ...
13 Nov 2008 - By Reuters - News
Jimi Hendrix drummer Mitchell dies at 62 
Mitch Mitchell, a pioneering drummer best known for his work with 1960s rock icon Jimi Hendrix, died on Wednesday, at age 62. Mitchell ...
13 Nov 2008 - By Reuters - News
Charity song "Hero" tops pop charts 
A charity single for wounded soldiers and their families has gone straight to the top of the pop charts in its debut week, figures showed ...
3 Nov 2008 - By Reuters - News
Bond film opens with guns blazing 
The new James Bond film, "Quantum of Solace," debuted in Britain on Friday to record one-day ticket sales of 4.94 million pounds ...
3 Nov 2008 - By Reuters - News
Sienna Miller acts over paparazzi "harassment" 
Actress Sienna Miller's life has been made intolerable because of a "campaign of harassment" by photographers, her lawyer ...
31 Oct 2008 - By Reuters - News
 
Forex
 
IBTimes Exclusives
RBS gets Chinese approval for Suzhou stake
Chinese regulators have approved Royal Bank of Scotland's (RBS) move to buy an almost twenty per cent stake in Suzhou Trust, sources ...
27 Jun 2010 - By IBTimes.com - News
Darling appeals for new ideas on crisis
Chancellor Alistair Darling appealed on Friday for new ideas to tackle the global financial crisis, urging speedier international ...
10 Oct 2008 - By IBTimes.com - News
Jobless sees biggest jump since '92
The number of Britons claiming unemployment benefit rose for a seventh consecutive month in August and by its biggest amount since December ...
17 Sep 2008 - By IBTimes.com - News
BA looking at American Airlines tie-up
British Airways (BA) has said it is hopeful of confirming a tie-up with American Airlines (AA) within weeks. The UK airline is also in the ...
4 Aug 2008 - By IBTimes.com - News
Centrica said to be considering British Energy merger
British energy firm Centrica is said to be considering a plan to revive a £22.5 billion merger with British Energy, following the ...
4 Aug 2008 - By IBTimes.com - News
 
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