UNITED KINGDOM

Youth unemployment in UK reaches record high

While data this morning from Britain’s Office National Statistics showed that the country’s overall unemployment rate remained unchanged at about 7.9 percent in November, the report revealed something quite unsettling – joblessness among youth jumped to a record high of almost 1-million.
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Ghana bourse sees four new listings in 2011

Ghana's stock exchange expects at least four new listings this year, including a local float by oil group Tullow Plc, and predicts that inflows of new pension funds will boost trading volumes.

Mediators say talks deadlocked on Ivory Coast

Talks to end Ivory Coast's post-election standoff remain in deadlock, with no sign Laurent Gbagbo will agree to step down as president and his rival unwilling to meet him until he does, mediators said on Tuesday.
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Experian says returns to positive growth in Q3

British credit information group Experian Plc said total revenue rose 12 percent in the third quarter, with organic revenue up 8 percent, as it returned to positive growth across all regions and principal activities.
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Swiss whistleblower hands bank data to WikiLeaks

A former Swiss private banker handed over data on hundreds of offshore bank account holders to WikiLeaks founder Julian Assange on Monday, saying he wanted to draw attention to financial abuses.
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GSK faces Q4 profit wipe-out on $3 billion legal hit

GlaxoSmithKline will record a legal charge of 2.2 billion pounds ($3.4 billion) for the fourth quarter, effectively wiping out its profit, as it settles further claims related to Avandia and sales practices.

Waves of criticism, alarm over BP-Rosneft deal

Ed Miliband, leader of Britain’s Labour Party, has joined a growing chorus of critics expressing reservations over BP plc’s (NYSE: BP) joint venture with Russian energy giant Rosneft to explore potentially massive oil and gas deposits on the Arctic shelf – BP’s first major deal since last year’s Deepwater Horizon catastrophe.
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Cyber attacks could create perfect storm: OECD

Attacks on computer systems now have the potential to cause global catastrophe, but only in combination with another disaster, the Organization for Economic Cooperation and Development said in a report on Monday.

Bale, Bening among early Golden Globe winners

Annette Bening, who played a lesbian mother in The Kids Are All Right, and Christian Bale, who portrayed a drug-addicted boxer in The Fighter, won Golden Globe trophies on Sunday.
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Swiss tax whistleblower to give WikiLeaks new data: report

A former Swiss private banker who was one of the first whistleblowers to use WikiLeaks by publishing internal bank documents on the site has pledged to hand over new data on offshore bank account holders on Monday, a newspaper said.

Swiss whistleblower to handover offshore banking secrets to Wikileaks

The offshore bank account details of 2,000 high net worth individuals and corporations - detailing massive potential tax evasion - will be handed over to the WikiLeaks organisation in London on Monday by the most important and boldest whistleblower in Swiss banking history, Rudolf Elmer, two days before he goes on trial in his native Switzerland.

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