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Nokia fires new salvo in patent row with Apple

Nokia, the world's top cellphone maker by volume, has filed 13 new patent infringement suits in Europe against U.S. rival Apple, accusing it of using Nokia technology in its iPhones and iPads.

UK govt to give 25 pct subsidy to 9 new electric cars

UK govt to give 25% subsidy ton nine-new electric cars

The British government on Wednesday said all the nine electric cars, which will be bought in the country, are eligible for a subsidy of up to £5,000 (or $7,935).

Sports Direct Results Get World Cup Boost

Newcastle United owner Mike Ashley leaves after an annual general meeting of Sports Direct

UK retailer Sports Direct International Plc (LON: SPD.L), controlled by Newcastle United owner Mike Ashley, reported a 73 percent rise in pretax profits for the first half as the World Cup and strong online sales drove revenue growth.

WikiLeaks hactivists look to improve attack software

Supporters of WikiLeaks who last week attacked the websites of MasterCard and Visa, say they are tweaking the software used for those assaults in a bid to create more powerful tools for possible future protests.

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Nouriel Roubini, New York University Professor of Economics and co-founder and chairman of Roubini Global Economics.

What Roubini predicts for major global economies in 2011

Roubini Global Economics (RGE) has predicted that global economy's growth next year will be marginally weaker than this year, with eurozone holding the biggest risk to global growth, and that the U.S. will not emerge any time soon from the worst unemployment crisis it has faced in decades.

U.S. leads rich-world recovery as Europe lags: Reuters poll

The United States will lead the rich world's economic recovery over the next two years while Japan and major European economies flounder by comparison, according to Reuters polls of more than 200 economists.

European Union car sales slump 7.1 pct in November

Registrations of new passenger cars in Europe decreased by 7.1% amounting to 1,069,268 units, the European Automobile Manufacturers Association said Wednesday.

Eurozone unemployment remains stable as UK rates soar

Employment rates remained mostly stable in the euro area during the third quarter, dropping only by 0.2 percent, while unemployment rate in the U.K. touched its highest since the beginning of the year.

Irish opposition warns bank bondholders before vote

Ireland's main opposition party said on Wednesday it was obscene that a multi-billion euro EU/IMF bailout package protected senior bondholders in Ireland's banks at the expense of stretched taxpayers.

A pile of one pound coins is seen in central London

UK Business Schools contribute over £2 billion annually to local economy: Study

A study led by the Nottingham Business School and UK-based ABS quantifies the likely impact of business schools on local economies

Consumer watchdog protests online GST proposal

SuperGroup H1 profits soar as revenue rises 65 pct

SuperGroup, the owner of Superdry brand, reported a 86 percent rise in pretax profit for the first half on strong sales growth at its retail and wholesale segments. But, the British fashion retailer warned rising raw material prices may affect gross margins in the next financial year.

Assange's UK lawyer says half of bail cash raised

A lawyer for WikiLeaks founder Julian Assange said on Wednesday his backers had raised around half of the 200,000 pounds ($317,400) cash he needs to secure bail after he was accused of sex crimes in Sweden.

Assange back in jail as Sweden appeals bail

WikiLeaks founder Julian Assange, a target of U.S. ire for releasing secret cables, returned to a London jail on Tuesday pending an appeal over a decision to free him on 200,000 pound ($317,400) bail for alleged sex crimes.

Demonstrators clash with police during a protest in Westminster in central London

Public universities in U.K. under grave threat: think-tank

In the face of massive government spending cuts and rising fees, public universities in the U.K. may be doomed, according to Ekklesia, a Christian-based think tank.

WikiLeaks, Web to revolutionize reporting: John Pilger

Revelations on the WikiLeaks website which have enraged governments around the world should force the traditional media to rely less on official sources, award-winning journalist John Pilger said.

Michael Moore sues the Weinstein Brothers over Fahrenheit 9/11

Michael Moore Posts Bail For WikiLeaks Founder

Award-winning director Michael Moore is coming out in support of WikiLeaks, posting $20,000 in bail money for WikiLeaks founder Julian Assange.

Court grants WikiLeaks' Assange bail

WikiLeaks founder Julian Assange, arrested in Britain on Swedish allegations of sex crimes, was granted bail by a British court on Tuesday.

Silver & Gold Investment Uncrowded as J.P.Morgan's Silver Short Cut Materially

The FT reported that market-making brokerage and bank J.P.Morgan has materially reduced its bets on lower silver prices, citing a person familiar with the matter.

Prosecutors to appeal bail for WikiLeaks' Assange

Prosecutors said on Tuesday they would appeal against a British judge's decision to grant bail to WikiLeaks founder Julian Assange, who has been arrested in Britain on Swedish allegations of sex crimes.

Scientists Discover New Alien Planet

A Qatar astronomer and scientists at the Harvard-Smithsonian Center for Astrophysics have discovered a new alien planet, named as Qatar-1b, bigger than Jupiter.

Christmas Facts Around the World

The world's largest Christmas present was the Statue of Liberty. The French gave it to the US in 1886. It is 46.5 meters high and weighs 225 tons.

GBP/USD hits fresh 3-wk high on higher CPI; targets 1.5952 (R1) before 1.5996/1.6104 (R2)

The British pound strengthened on Tuesday on a higher-than-expected inflation reading for November, with the sentiment also supported by a view that the US Federal Reserve may expand its bond buyback program at its monetary policy later in the day, supplying more dollars into the system.