Florida

With youth unemployment remaining at near record levels many university students graduating in the coming months will face a slew of challenges unique to their generation.

Space shuttle Endeavour has landed in Florida and brought its 19-year operational career to a close.

After most of the results were declared for America's 2010 Midterm Election last week, the Democrats won consolations whilst the Republicans, at first glance, have most to celebrate. The Republicans won back the Lower House, narrowly lost the Upper House and have a large majority of the State Governors. The real loser was President Obama who was not finding office too easy with majorities in both Houses, a majority that until the loss to the Republicans of Ted Kennedy's Massachusetts se....

It was entirely predictable that even though Pastor Terry Jones of Florida called off his distasteful Koran burning to mark 11 September, others, with even less sense than he had, would go ahead with their own burning.

Britain's largest company, BP, is the world's third largest oil major, a global energy firm the main products of which are oil, natural gas and alternative fuels. Its 2009 revenues of just over $246 billion exceed the GDP of Finland and it employs over 80,000 people. The company's headquarters is in London, its American base is in Houston, Texas and it is listed on both the London and New York Stock Exchanges with British and American shareholders each accounting for some 40 percent o...

BP are in the process of talking with investment banks Blackstone Group LP, Goldman Sachs Group Inc and Credit Suisse Group AG, and now HSBC as it emerged that a £5bn war chest is being prepared.

BP shares have closed down 9.25 pct today after the board of BP met to discuss the growing bill from the oil costs.

When The Bank of England's (BoE) Monetary Policy Committee meets later this week, they are certain to maintain the same low benchmark rate of 0.5% that they've had since March 2009.