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BP share price down on FTSE 100 as Cameron prepares to defend company from oil spill, al-Megrahi attacks
Now however BP faces yet more attacks as U.S. legislators are looking not just at BP's safety precautions in the Gulf of Mexico, but at the possibility that the company may have lobbied for the release of Abdelbaset Ali al-Megrahi, the man convicted of killing 270 people with the bombing of Pan Am flight 103 in 1988. Of the 270 victims 190 were from the U.S.
Three men arrested for plotting al-Qaeda attack on Norway
Three men accused of being members of al-Qaeda have been arrested in Norway for plotting terrorist attacks.
BP, Public Liability Company
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...
Christopher Hitchens tour promoting memoir "Hitch-22" put on hold for throat cancer treatment
British author and polemicist Christopher Hitchens has been forced to cancel stops on a tour to promote his new autobiography "Hitch-22" after announcing that he has throat cancer.
Budget for an emergency
Harriet Harman, acting Labour leader responding to Mr Osborne's Emergency Budget Statement said: "This is a Tory Budget that will throw people out of work, hold back economic growth and harm vital public services....It's his first Budget but its the same old Tories....In order to get the deficit down, you need to keep economic growth up and you need to keep unemployment down....Today's Budget is bad for growth and that will make it harder to cut the deficit."
iPhone networks in UK to drop unlimited data plans; Blackberry RIM 'affected' as 6 pct switch
iPhone networks in the UK are dropping 'unlimited' data plans after the new iPhone 4 launch in order to maximise its 3G performance..
US growth estimate revised down
The US economy grew at an annual rate of 2.7% in the first three months of 2010, slower than previously estimated.