UNITED KINGDOM

Ireland passes bailout package despite opposition

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Ireland's parliament approved a multi-billion euro EU/IMF bailout package on Wednesday in the face of opposition threats to renegotiate the deal to force losses on some senior bondholders in Irish banks.

What Roubini predicts for major global economies in 2011

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

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.
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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.
Shoppers walk in a market in the Upton Park neighborhood in east London

Inflation continues to soar in UK

Inflation continued to rise in the U.K. during November, remaining above Bank of England's (BoE) target for the ninth month, spurred by a hike in food and non-alcoholic drink prices, the Office for National Statistics reported on Tuesday.
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Imagination Technologies H1 profits double on strong revenue

U.K. chipmaker Imagination Technologies, which licenses and sells its designs to Intel and Apple, said interim pretax profits doubled on strong revenue growth from both licensing and royalties. The volume of partner chips shipping with Imagination’s IP has nearly doubled to 107 million.
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WikiLeaks' Assange defiant as lawyers seek bail

WikiLeaks founder Julian Assange has denounced the firms that suspended payments to his website as instruments of U.S. foreign policy and called for help in protecting his work from their illegal and immoral attacks.
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WikiLeaks's founder Assange seeks bail in UK court

Lawyers for Julian Assange, held in Britain over allegations of sex crimes in Sweden, will try again on Tuesday to win bail for the WikiLeaks founder who provoked U.S. fury by publishing secret diplomatic cables.

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