UK Consumer Spending in December Presents Mixed Trends
Ahead of the official data release by the BRC, surveys by Visa and MasterCard give mutually opposing views on consumer spending in the UK.
Obama's America: One in Five Go Hungry while Food Waste Increases
Poverty in the United States is set to hit its highest level in nearly half a century, with suburban families, underemployed workers and children the hardest hit.
British Private Navy to Wage War on Somali Pirates
UK fleet created by group of businessmen hunts pirates in Indian Ocean.
World Atlas: More People Smoking Cigarettes than Ever
Populations exploding, health, corruption, religion and war are all in The State of the World Atlas by Dan Smith, which throws up some surprising and often worrying statistics.
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US Urged to Mint 'Trillion Dollar Platinum Coin' To Solve Debt Ceiling Debate
Formal petition submitted to White House demanding Treasury mint unprecedented coin as debt deadline draws closer.
New Year's Day 2013: The Day Greater Germany Was Born
A new type of sovereign state, driven by Berlin lacking any trace of democracy, has come into being - and it will be hard to stop, says Martin Cole.
Germany Aims More Spending Cuts by 2014
Germany plans to implement more austerity measures that may affect social spending.
Santander to Axe 3,000 Jobs After Banesto Merger
Santander is planning to shed 3,000 positions after its merger with Banesto.
UK Mortgage Approvals Near 12-Month High In November, Bank of England Says
High street banks increase consumer credit and approve more new home loans as Funding for Lending scheme gains traction.
UK Service Sector in Recession for First Time in Two Years - Markit PMI
Private industry data shows UK's biggest contributer to economy slumped to a contraction in final month of 2012.
Transocean to Pay DoJ $1.4bn over Gulf of Mexico Oil Spill
Offshore contract drilling company settles with US government for its role in BP’s Deepwater disaster.
China's Services Sector PMI Eases in December
HSBC China Services PMI indicates slow pace of growth in December which contradicts with the earlier official data.
Yen Continues to Weaken Following Abe Election Amid Longest Slide in Two Decades
Japan's currency hits two and a half year low against the US dollar following Fed minutes, Shinzo Abe statement
US Car Sales Hit 5-Year High with 13% Rise in 2012
Availability of cheap finance and ongoing economic recovery in the US boost car sales.
Swiss Bank Wegelin to Close After Pleading Guilty in US Tax Probe
Wegelin will close its operations permanently after the conclusion of the case.
European Rally Stalls As Investors Await Key US Jobs Report
Mixed employment data and concerns over US budget talks keep investors in a cautious mood.
PIMCO's Gross: Inflation Dragons Lurk in the Cave of Quantitative Easing
Founder of the world's biggest bond fund rounds on "essentially costless" money-printing in his monthly Investment Outlook column.
Bank of England Survey Points to High Street Lending Surge
Funding For Lending scheme is increasingly seen as the BoE's most important tool as impact of Quantitative Easing wanes
Google's Eric Schmidt to Visit North Korea
Schmidt will be the first high-profile US executive to visit Pyongyang in recent times.
UK Construction Sector Decline Worsens in December
UK construction PMI shows sharpening contratcion in final month of 2012.
Basel III: Less Than Half of Nations Meet Deadline For New Bank Capital Rules
Only 11 member jurisdictions published the final set of Basel III regulations effective from the start of this year.
Outlook for UK House Prices 'Remains Uncertain' - Nationwide
Nationwide House Price Index reports 1 percent fall in price of typical UK home across 2012.
Next Shares Rise to Record High After Higher Full Year Profit Forecast
In-line sales leading up to Christmas Eve bump 2012 profit guidance to upper end of £620m range
Microsoft Buys R2 Studios to Add Home Entertainment Features to Xbox
Microsoft acquires Silicon Valley start-up R2 Studios which was also targeted by Google and Apple.
China's Services Sector PMI Expands in December
China's services sector growth adds to signs of economic recovery in the world's second-largest economy.
UK Trade Minister Lord Green: Government Must 'Step up a Gear' to meet George Osborne's Export Targets
Lord Green tells IBTimes UK reaching the £1tn export value target will not be easy "but it is a marathon we can complete".
US, European Shares Surge on Fiscal Cliff Deal
UK and US markets kick off year with triple-digit gains following last-minute tax deal in Washington.
Will Dexia Bank become Europe's Lehman Brothers? [BLOG]
Latest EU bailout for Dexia moves Europe one step closer to a Lehman Brothers-style collapse, says Martin Cole.
UK Needs 'Small Business Saturday' Says Labour's Chuka Umunna
Labour's shadow business secretary calls for day to support independent shops in UK.
Train Fares Rise 4.2 Percent to Put Ticket Prices among Europe's Highest
Campaigners say fares have risen 50% in decade yet commuters still face service cuts.
US Debt Ceiling Talks Centrestage after Fiscal Cliff Deal {VIDEO]
US will breach $16.4 trillion debt limit on 28 February, setting new deadline for lawmakers to agree spending cuts
ArcelorMittal to Sell $1.1 Billion Stake in Canada Mines Unit to Asian Consortium
The deal helps China Steel and Posco to secure long-term iron ore supply.
UK Farmers Face £1.3bn Tab from 2012's Record Rainfall and Soaring Feed Cost 'Double Whammy'
NFU president Peter Kendall tells government to make CAP fair for British farmers.
UK Manufacturing Output Hits 20-Month High in December
UK PMI data for manufacturing sector shows unexpectedly strong end to fourth quarter.
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Real-Life 'Day After Tomorrow'? Atlantic Current Could Collapse, Triggering Mega Storms and Freezing Cold
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Do Former Vice Presidents Get Secret Service Protection? No — But Here's Who Does
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Who Is Minneapolis Shooter's Mum Mary Grace Westman — and Why Won't She Cooperate with Police?
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Devon Flanagan Suspended for Six Months After Viral 'You'll Regret This!' Meltdown — Still Hasn't Apologised
