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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.

WikiLeaks' Assange defiant as lawyers seek bail

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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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People enter a job centre in London

Bulk of new jobs in UK going to younger or older workers: CIPD

British people in mid-career (those between the ages of 35 and 49) are losing out on new jobs and younger or older workers obtain the bulk of newly-created positions, according to s study from the UK’s The Chartered Institute of Personnel and Development (CIPD).
A pedestrian passes the head office of the Lloyds Banking Group in London

Former minister calls for break-up of RBS and Lloyds

Paul Myners, the former Financial Services Secretary during the Labour government of Prime Minister Gordon Brown, has called for the break-up of UK partly-nationalized banking giants Lloyds Banking Group (NYSE: LYG) and Royal Bank of Scotland (NYSE: RBS).
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Swedish police identify Stockholm bomber as Iraqi-born

Swedish police have identified the suspected suicide bomber as Iraqi-born Taimour Abdulwahab al-Abdaly. According to local media reports he was allegedly carrying a backpack and rug sack with bombs and explosives strapped around his waist.
Sri Lanka bans 'Tamil version' of national anthem

Sri Lanka bans 'Tamil version' of national anthem

The Sri Lankan government has decided to get rid of the Tamil version of its national anthem, local media reports say. The country anthem will only be sung in the majority Sinhala language at all Government events, while the Tamil version will not be played. In a move that could anger the Tamilians worldwide, President Mahinda Rajapaksa's cabinet has reportedly approved the decree last week. Tamil leaders have threatened to boycott the anthem all together.
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Amazon websites in Europe suffer outage

Amazon.com Inc's websites in Britain, France, Germany and Spain suffered an outage for more than half an hour on Sunday night, but it was not immediately clear whether it was due to a cyber attack.
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EU leaders to agree on law change for euro stability

European Union leaders will agree next week to insert two sentences into the EU treaty to pave the way for the creation of the European Stability Mechanism from 2013, draft conclusions of the summit showed.
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Rovio turns to apps billing after Angry Birds hit

Finland's Rovio Mobile, known for its Angry Birds puzzle video game, unveiled on Friday payment software that gives mobile telecom operators a chance to win a share of booming app store business.
The highest index on the DAX board is pictured at the Frankfurt stock exchange

European equities to fare well in 2011: Bloomberg survey

European equities will beat 2010 gains by the end of next year, as companies get some help from better earnings and record-low interest rates that will overcome the sovereign debt crisis, Bloomberg said, citing a survey of 13 strategists.
Australia's Doherty is seen behind the stumps during the fourth day of the second Ashes cricket test against England in Adelaide.

Australia rings in changes for third Ashes test

Australia have sprung a major over-haul of their 12-man squad for the third Ashes test at Perth against England, with the shock inclusion of the little-known Michael Beer raising eyebrows.
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UK Nov. PPI falls marginally

U.K.'s producer prices index fell to 0.3 percent in November from 0.6 percent, mainly due to a rise in fuel and food prices, a report by the Office for National Statistics said.
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Jump in Bond Yields no threat for Gold in the long term

Outside the US and UK - where today's no change decision from the Bank of England left interest rates near 33-year lows beneath inflation - emerging economies are also flirting with sub-zero real rates of interest, Japanese investment bank Nomura's London office notes.

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