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British interior minister Smith to quit: media

British Home Secretary Jacqui Smith plans to resign her government post, media reported on Tuesday, a new casualty of the expenses scandal sweeping through parliament.

Abu Dhabi makes $2.5 billion from Barclays stake sale

Abu Dhabi sold an 11 percent stake in Barclays on Tuesday, making $2.5 billion from an investment that helped the British bank through the financial crisis and raising fears that the rally in bank shares may be over.

Abu Dhabi set for windfall on Barclays stake sale

Abu Dhabi on Tuesday sold about 3.5 billion pounds ($5.7 billion) of shares in UK bank Barclays , traders said, to reap a near 1.5 billion pound profit in just seven months.

Branson: Unlikely all big U.S. airlines will survive

British entrepreneur Richard Branson, founder and president of Virgin Atlantic Airways , said on Tuesday he believes it is unlikely that all big U.S. airlines will survive the next 12 to 18 months.

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U.S. manufacturing shrinks at slower pace in May

The U.S. manufacturing sector showed improvement in May, contracting at a slower rate for the fifth straight month, while consumer spending slipped only slightly in April, according to reports Monday that offered more proof the deep recession is losing its bite.

Tired talent star Susan Boyle admitted to clinic

British singing sensation Susan Boyle was admitted to a London clinic suffering from emotional exhaustion after being beaten in the final of the Britain's Got Talent TV contest, judges on the show said on Monday.

Daily Commentary - 01/06/2009

Australian Dollar: Positive sentiment towards the Aussie dollar continued on Friday entering offshore trade marginally above 79 cents amidst continued concern over the 1.75 trillion USD government debt.

British Internet talent star Susan Boyle taken to clinic

British internet singing star Susan Boyle has been admitted to a private clinic after being beaten into second place in the final of the popular Britain's Got Talent television contest, British media reported.

British Internet talent star Boyle taken to clinic

Talent star Boyle taken to clinic

Internet singing star Susan Boyle has been admitted to a private clinic after being beaten into second place in the final of the popular Britain's Got Talent television contest, media reported.

Diversity gobsmacked by UK TV talent show win

Street dance troupe Diversity said on Sunday it was still in shock after beating runaway favorite and Internet sensation Susan Boyle in the final of the popular Britain's Got Talent television contest.

Germany seals deal to save Opel

Germany heaved a sigh of relief on Saturday over a deal with Canadian auto parts group Magna, General Motors and the U.S. government to save carmaker Opel from the imminent bankruptcy of its U.S. parent.

Germany seals deal to save Opel, Obama helps

Susan Boyle to sing in Britain's Got Talent final

Global Internet sensation Susan Boyle competes in the final of Britain's Got Talent on Saturday amid signs she is struggling to cope with her sudden rise to stardom and constant media intrusion.

Internet sensation Boyle bids to win TV show final

Internet singing sensation Susan Boyle bids to justify her favorite tag on Saturday when she competes in the final of Britain's Got Talent, a show which turned her from dowdy, unemployed church volunteer into A-list celebrity.

Prince Harry gets warm New York greeting

Britain's Prince Harry made his first official visit to New York on Friday to pay somber respects to September 11 victims and wounded veterans and was met by crowds who greeted him as a fun-loving heartthrob more than as a royal diplomat.

China Agbank targets commod trade with US, UK outposts

The Agricultural Bank of China is set to open in New York and London, building a round-the-clock commodity trading team and taking global Beijing's ambition to be a major force on commodity markets.

Data boosts recovery hopes, stocks end May on a high

Japanese factories raised output by the most in nearly 60 years last month and India grew faster than expected in the March quarter, Friday data showed, further evidence the global economy may have turned a corner.

Tesla's Roadsters recalled over wheels safety issue

A U.S. traffic safety agency has ordered the first recall of Tesla’s electric sports car Roadster over a problem which can cause its rear wheels to come loose.

Xbox 360 to show Sky live and on-demand programming

Millions of Xbox 360 owners in Britain and Ireland will be able to watch live programing such as Premier League soccer and movies following a deal with pay-TV group BSkyB.

EU to study how Google Books impact authors

The European Union's executive body will study plans by Google to make millions of books available online after Germany said the Internet company's project flouts EU copyright law.

EU ministers to discuss state support over Opel

The European Commission announced Thursday that it will host a meeting of industry and economy ministers on Friday to discuss state support measures for the U.S. General Motors (GM)'s European subsidiary Opel.

Susan Boyle gets angry and threatens to quit

A Susan Boyle spokesperson said Thursday that the Scottish singing sensation and Britain's Got Talent finalist lost her cool after being harassed by journalists at a London hotel.

War of words over Opel as GM bankruptcy looms

A rift between Berlin and Washington threatened to torpedo Germany's goal of shielding Opel from the imminent bankruptcy of its parent General Motors , raising the risk of insolvency for the German carmaker.

Opel race narrows to two but still no funding deal

As the battle for German carmaker Opel effectively narrowed to a race between Fiat and Magna, overnight talks to shield Opel from General Motors' looming bankruptcy ended with no deal.

Obama says worst over, but debt fears roil markets

Concerns about the debt burden facing countries trying to spend their way out of the economic downturn spooked investors on Thursday despite optimism from President Barack Obama that the U.S. economy was past the worst.