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EU faces energy crunch over Russian gas
Wednesday 7th January 2009 1:36AM
MOSCOW (Reuters) - Europe faced a deepening energy crunch and more sub-zero temperatures on Wednesday, with Moscow and Kiev showing little sign of a swift resolution of a pricing dispute that has slashed Russian gas supplies to the West.
Darling says economy far from through recession
Wednesday 7th January 2009 12:33AM
LONDON (Reuters) - Chancellor Alistair Darling said on Wednesday the country was "far from through" the recession, and that the job to achieve economic recovery was a long way from completion.
Egypt floats truce plan after 42 killed in Gaza school
Wednesday 7th January 2009 1:21AM
GAZA (Reuters) - Israel and Hamas studied a proposal by Egypt for a cease-fire in the Gaza Strip on Wednesday that won immediate backing from the United States and Europe, hours after Israeli shells killed 42 Palestinians at a U.N. school.
M&S to close some "Simply Food" stores
Wednesday 7th January 2009 12:36AM
LONDON (Reuters) - High street chain Marks & Spencer plans to shut down more than 10 of its stand-alone 'Simply Food' stores as it battles tough trading, The Financial Times newspaper said on Wednesday.
Demand for staff shrinks at record pace
Wednesday 7th January 2009 12:14AM
LONDON (Reuters) - The number of people finding work and demand for staff fell in December at the sharpest rate since at least 1997, while unemployment likely topped two million at the end of last year, a survey indicated on Wednesday.
Bank set to cut rates to record low
Tuesday 6th January 2009 11:53PM
LONDON (Reuters) - The Bank of England looks set to cut interest rates by at least half a percentage point this week to their lowest level on record as it tries to prevent the economy sliding into a long and painful recession.
Ladbrokes's online casino broke advertising rules
Wednesday 7th January 2009 12:21AM
LONDON (Reuters) - Gaming company Ladbrokes breached advertising standards in television commercials for its online casino which showed daredevil characters leaping to their deaths, the advertising regulator said Wednesday.
German tycoon Adolf Merckle commits suicide
Tuesday 6th January 2009 10:38PM
BLAUBEUREN, Germany (Reuters) - German billionaire Adolf Merckle has committed suicide, in despair over the huge losses suffered by his business empire during the financial crisis, his family said on Tuesday.
Scientists doubt Europe can wipe out measles by 2010
Wednesday 7th January 2009 12:19AM
LONDON (Reuters) - Too many children remain unvaccinated against measles for Europe to have any realistic hope of eliminating the disease by 2010, researchers said on Wednesday.
Man City owner tops football rich list
Wednesday 7th January 2009 1:24AM
LONDON (Reuters) - Manchester City's new owner Sheikh Mansour bin Zayed al Nahyan is the richest man in football with Chelsea's Roman Abramovich down to third place in FourFourTwo magazine's annual Rich List published on Wednesday.
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