ECONOMY

Billionaire investor and Berkshire Hathaway chief executive Warren Buffett diagnosed with early prostrate cancer.

Global lender says spillover risks in eurozone sovereign debt crisis remain high.

A Bank of America Merrill Lynch survey of fund managers found increasing concern over the state of French and other EU states' finances.

Consumer prices rise 0.1 percent from February, driven by rising food and clothing prices, according to the Office for National Statistics

Anti-poverty expert Jim Yong Kim focuses on job creation in developing countries.

A little over two years ago, Tata Corus closed down their Teeside Cast Products plant in Redcar with the loss of 1,600 jobs by late February 2010. With the parent company in India expressing a willingness to sell the steel mill, Geoff Waterfield, Chairman of the Multi-unions at Redcar, expressed the hope in mid-2010 that a buyer would be found and that steel would again be produced at the site by Christmas that year, but this proved to be far too ambitious.

Report forecasts even lower growth for UK in 2012 than 'depressing' 2011 figure and blames businesses for hoarding cash rather than investing it.

The Latest comments and Spring Forecast from Ernst and Young for the British economy, state that although Britain may have averted a double-dip recession, growth will be minimal in 2012.

The total retail search volumes rose 11 percent in the first quarter of 2012 compared with the same quarter a year ago, providing more evidence of the growing importance of mobile, according to the lastest BRC-Google Online Retail Monitor.

Average asking price for UK homes hits all-time high, according to Rightmove.

The British Airways' (BA) takeover of bmi could result in 1,200 job losses which the airlines term as deeply regrettable but inevitable.

US banking group claims first quarter results are solid and better than analyst forecasts.

Chancellor plans to increase UK exports to emerging markets jeopardised by slowdown in growth.

The U.K. producer price index for home sales of manufactured products rose 3.6 percent in the year to March 2012, compared to a growth of 4.1 percent in February, according to the latest data released from the Office for National Statistics (ONS).

Britain had higher proportion of unemployed black men during economic downturn over last three recessions.

Opec and IEA reports show oil production and supplies increasing as demand growth steadies, which could ease prices in 2012.

Britain's trade gap widens more than expected in three months to February as cars and heavy machinery exports to US, Russia and China decline.

The implications of Greece's tough austerity measures, which underpin the country's 130 billion Euro bailout, are provoking yet more national strikes. This time it's bus drivers whose backs are up. So much so they've staged a 24-hour walkout.

10,000 jobs around the world are to be cut at Sony. It's the result of an extraordinary last twelve months for the Japanese electronics giant which has been trying hard to shield itself from a huge battering to its bottom line.

Record 70 million passengers adds to pressure to scrap third runway ban.

London tops the list of most important global cities in a survey conducted by Knight Frank Research.

U.K. retail sales increased in March as warm weather boosted the sales of non-food goods, at the same time the permanent job placements increased for a third straight month giving an indication that the British economy is recovering slowly.

Regional purchasing managers index data shows London's services sector and West Midlands manufacturing as the forces behind the UK economy's positive start to 2012.

Japanese car maker Nissan has announced said it will spend 200 million US dollars to build a new hatchback at its UK Sunderland plant which will create 1,000 new UK jobs.

U.K. house prices dropped at the slowest pace since June 2010 in March, driven by the better economic prospects and buying ahead of the expiry of stamp duty exemption, according to the latest RICS UK Housing Market Survey.

The government bond markets could be weakened by July after the implementation of "Volcker Rule" in the U.S., said the Head of the U.K.'s Debt Management Office (DMO) on Monday.

For the service sector dependent Britain, each holiday costs the economy £2.3 billion.

The forecast is that unemployment will continue to rise even if the economy begins to grow.

Latest reports from Guardian suggest that the earnings of a proposed settlement in an ongoing patent dispute with Oracle, allows Google to make four times as much from an iOS device than it does from devices running its own Android OS.