News Corporation's MySpace is slashing its staff by nearly half, as the former Internet social networking leader recalibrates its operations as an entertainment website.
The new chief executive of Barclays plc, Bob Diamond, has told a Treasury Select Committee at the House of Commons that banks should not be bailed out by taxpayers and banks should be permitted to fail should they get into trouble.
Britain now intends to focus on growth as Prime Minister David Cameron urged the importance of trade to the country's business ambassadors. Cameron urged the ambassadors to 'sell Britain' to the rest of the world, and emphasized on the importance of growth.
WikiLeaks founder Julian Assange will argue he should not be extradited from Britain to Sweden over alleged sex crimes because he could end up in the United States facing the death penalty, his lawyers said on Tuesday.
The whole world is as excited as the Beckhams with the announcement of their new arrival and keeping fingers crossed for a girl
British IT services provider Computacenter Plc said it expects full-year adjusted pretax profit to be towards the top end of the range of market expectations.
WikiLeaks' founder Julian Assange is due to appear in a London court Tuesday as lawyers draw the battle lines in his fight to avoid extradition to Sweden for questioning about alleged sex crimes.
Stocks finished mixed, following a sell-off in Europe, on worries over Portugal possibly needing a financial bailout, ahead of the kick-off of the fourth-quarter earnings season.
WikiLeaks' founder Julian Assange is due to appear in a London court on Tuesday as lawyers draw the battle lines in his fight to avoid extradition to Sweden for questioning about alleged sex crimes.
Socialbakers, which specialize in monitoring the Facebook platform, has revealed some interesting Facebook statistics. Perhaps the most surprising finding is that Japan, whose renown as a technology pioneer is unparalleled, is lagging way behind most countries in terms of Facebook penetration.
When a quest for spirituality or devotion is merged with a sense of luxury, pilgrimage is given a whole new dimension. Luxury has imparted a new concept to a holy journey and this trend is fast catching up across the globe.
UK department store chain Debenhams Plc said bad weather in December impacted like-for-like sales by 2.5 percent to 3.0 percent for the 19 weeks to January 8.
UK recruitment consultancy Michael Page International Plc reported a 32 percent rise in fourth-quarter gross profit, as most of the growth came from permanent recruitment and said it was optimistic about its 2011 prospects.
England soccer star David Beckham and his wife, former Spice Girl singer Victoria Beckham, are expecting their fourth child in summer.
Air France-KLM saw a 2 percent increase in passenger traffic in December after heavy snowfall across Europe and the U.S. that will shave an estimated 70 million euros ($90.36 million) off revenues, the airline group said on Monday.
The United States and UK have settled a jurisdictional dispute that will allow U.S. inspectors to examine whether the British auditors of Lehman Brothers Holdings improperly cleared questionable accounting, Bloomberg said on Monday.
An online survey conducted among 2,742 Canadian students shows a strong inclination among them to go for studies abroad.
More than 2-million people in the United Kingdom have used their credit cards to pay their mortgage or rent in the last twelve months, a 50 percent increase from the prior year, according to Shelter, the British housing and homelessness charity.
Defense stocks dodged a bullet this week when the Pentagon said it plans for its budget to grow modestly through 2014 before leveling off in 2015, but political and fiscal concerns in Congress could slow the sector further during that period and beyond.
A couple wanting to know their chances of having a baby through in-vitro fertilization (IVF) can now take heart with an application to give them an answer as British researchers have devised a formula that will help them give quite an accurate prediction of the success of IVF treatment. Eager ‘infertile’ couples can now decide whether to try the treatment as researchers have made this formula available as a simple computer calculator application, which will soon be available for download on App...
India's will overtake the U.S. in forty years in terms of GDP at purchasing power parities (PPP) while China will sail past its financial and political rival as early as 2018, a PricewaterhouseCoopers (PWC) report said on Friday.
Despite winning three matches by an innings to take the Ashes series 3-1, England skipper Andrew Strauss claims his side are yet to peak.