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UK regulator warns of potential 4G auction delay

Regulator Ofcom said the auction of Britain's next-generation 4G mobile phone spectrum could be pushed back at least three months to the second quarter of 2012, as it grapples with complex technical and legal issues.

Service sector growth picks up in August: ISM

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The pace of expansion in the services sector unexpectedly accelerated in August, snapping a three-month streak of slower growth, according to an industry report released on Tuesday.

Equity hedgies sweat on returns after choppy summer

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Many jittery hedge funds are clinging to core stock holdings in the hope that a rebound in equity markets in the final four months of the year will save the $2 trillion industry from its second calendar year of losses in just four years.
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Former News Corp executives to face hacking committee

Four former executives from News Corp's UK newspaper arm will appear before a powerful parliamentary committee on Tuesday in the ongoing hunt to establish who knew what about phone hacking and whether James Murdoch did enough to uncover the scandal.
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G7 to seek ways to prop up global growth: source

Group of Seven financial leaders, worried about risks to global growth, are likely to agree this week to keep monetary policy accommodative, slow fiscal consolidation in countries where that is possible and implement structural reforms, a G7 source said.
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Blondie Spreads Panic to Fans

In more than 30 years since smash hit song Heart of Glass took Blondie from new wave upstarts to mainstream stars, frontwoman Deborah Harry has transformed herself many times, younger members have joined the band and albums have gone from vinyl to digital.
2001 Atlantic Hurricane Season

Hurricane Katia Path 2011: East Cost Could Feel Impact

Hurricane Katia 2011 is growing stronger, and while the storm's path still leaves unaswered questions some along the U.S. East Coast from Florida to the Carolinas could feel its impact before it's all over with late next week.
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England Vs Wales - Lampard Gets Terry Backing

On the eve of their Euro 2012 qualifier against Wales at Wembley, England skipper John Terry has given his full backing to dropped club teammate Frank Lampard to rise to the requirements.
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Swiss bankers group wants amicable deal in U.S. tax row

Switzerland must solve a dispute with the United States over wealthy citizens using secret Swiss accounts to dodge taxes under existing laws and should continue to protect bank secrecy, the Swiss Bankers Association head said on Monday.
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No new treaty for U.S. tax deal: Swiss bankers group

Switzerland must solve a dispute with the United States over wealthy citizens using secret Swiss accounts to dodge taxes under existing laws and should continue to protect bank secrecy, the Swiss Bankers Association head said on Monday.

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