UNITED KINGDOM

The euro zone saw a trade surplus after four months of gains.

EU Considers New Controls For Shadow Banking Sector

The European Commission is widening its regulatory sweep to include "shadow" banking, heralding new controls over the sprawling and largely unchartered 46 trillion euro ($61 trillion) sector blamed for helping trigger the financial crisis.
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Software merger and acquisition activity increases

Misys Accepts $2B Bid, But Some Investors Hope For More

Directors of the U.K. banking-software company accepted a £1.27 billion ($2 billion) cash bid from San Francisco private-equity firm Vista Equity Partners that represents a 6 percent premium to Misys's closing price Friday.
China military

China Less Dependent on Arms Imports: Report

China has become less dependent on arms imports and, at the same time, has increased the volume of its arms exports, according to a report by the Stockholm International Peace Research Institute.
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China to Become Leading Smartphone Market in 2012, Beating U.S.

According to market figures released by research firm IDC, China is bound to overtake the U.S. in smartphone shipments by the end of 2012, becoming the leading market. IDC’s latest Worldwide Quarterly Mobile Phone Tracker forecast that China’s smartphone market will climb from 18.2 percent in 2011 to 20.7 percent in 2012, while U.S.’ market would drop from 21.3 to 20.6 percent over the same timeframe.
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Growth China's top priority, inflation key risk-NDRC

China's economic policy priority is to maintain relatively fast growth, but Beijing cannot lower its guard against inflation risks, the head of the country's top planning agency, the National Development and Reform Commission, said on Sunday.
Rihanna and Chris Brown back together and performing duet at SupaFest 2012?

Rihanna and Chris Brown Back Together? Beyonce: RiRi Can’t See Blue Ivy Till She Dumps Breezy

Rihanna's alleged desire to reunite with her ex-boyfriend Chris Brown has brought criticism from her friends, family and even her Bajan pastor, and although the continuous scandal has brought her plenty of media buzz, it has also affected her career and friendships. Hip-hop mogul Jay-Z kicked her off a song he was producing, and now it has been revealed that Beyoncé is refusing to let RiRi meet baby Blue Ivy Carter, all because Rhianna can't quit Breezy.

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