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A Persimmon banner flies at a housing development near Manchester

Persimmon confirms in-line trading

British housebuilder Persimmon Plc confirmed that current trading in line with expectations, and it still expects sales revenue to rise about 10 percent this year.

Majestic Wine interim profits up 20 pct; lifts dividend

Majestic Wine Plc, UK's largest wine warehouse chain, reported a 20 percent rise in first-half pretax profit as sales rose on substantial increase in active customers, and the company lifted its interim dividend by 17.9 percent to 3.3 pence.

Match Preview: Will Everton stun inconsistent Arsenal?

Everton's Jagielka challenges Liverpool's Gerrard during their English Premier League soccer match at Goodison Park in Liverpool.

Arsenal travel to Goodison Park on Sunday for the early kick-off against Everton in the English Premier League.

Wind energy powered car Nemesis unveiled in UK

Wind energy-powered sports car Nemesis unveiled in UK

Ecotricity, the UK's leading green energy company, has launched the first high performance electric sports car 'Nemesis' designed and built entirely in the UK.

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Facebook's 'Gmail Killer' email service could be launched on Monday

Facebook's very own web-based email has been a slithery sensation in the back of Google's mind ever since rumors about the 'Project Titan' started doing the rounds. Now it looks like the chimera is closer in the backyard and the sound of dead leaves and twigs getting crushed under its feet is more audible than ever.

Carey Mulligan wins 'best dressed woman' in Harper Bazaar poll

Carey Mulligan, the Oscar-nominated and BAFTA winning actress has been named Britain's 'Best Dressed Woman' ahead of style icon Victoria Beckham and models Kate Moss and Yasmin Le Bon.

Statue stands atop Grand Central Station in front of the MetLife building in New York

MetLife to stop selling Long-Term Care Insurance

MetLife Inc., the largest life insurer in the U.S., said it plans to discontinue the sale of new Long-Term Care Insurance (LTCI) coverage next year, citing ongoing financial challenges facing the LTCI industry.

Britons don't fancy shelling out £400 for an iPad

Majority of the UK consumers are not ready to pay £400 for an Apple iPad, according to a latest research report from UK broadband comparison site Broadband Genie.

UK PM praises Korea’s advanced economy; outlines G20 themes

At the closing plenary session of the G20 business summit in Seoul, South Korea, David Cameron, the British Prime Minister, praised the host country’s miraculous economic advances and also highlighted some major themes underlying the purpose of the G20.

Land Securities swings to H1 profit on valuation surplus

U.K. real estate investement trust Land Securities Group Plc swung to a pretax profit for the first half, helped by a valuation increase on its portfolio of 3.4 percent. Net assets per share rose 6 percent.

Glass ceiling breaks at G20

One of the most interesting – and perhaps under-reported -- aspects of the G20 summit in Seoul is the four female political leaders in attendance. According to press reports, no prior G20 summit has had this many women heads of state.

UK's Cameron seeks to double trade with China

UK-Korea seek increased trade and investment

Britain’s Prime Minister David Cameron and South Korean President Lee Myung-bak agreed to increase trade and investment between the two countries in a meeting prior to Thursday’s opening of the G-20 summit in Seoul.

U.S. calls for yuan rise because China stopped buying its debt: Sinn

Hans-Werner Sinn, a professor at the University of Munich and the president of the Ifo Institute, has a controversial theory of why the U.S. is all of sudden crying for yuan appreciation.

Poor healthcare may shorten American lives: study

Americans die sooner than citizens of a dozen other developed nations and the usual suspects -- obesity, traffic accidents and a high murder rate -- are not to blame, researchers reported on Thursday.

Drunkenness rising in teen girls, Eastern Europeans

Eastern European adolescents used to drink less than their counterparts in Western Europe and North America, but over the past decade, they've been getting drunk increasingly often, according to a new study looking at nearly 80,000 15-year-olds in 23 countries.

Scientists find way to refine Botox for new uses

British scientists have developed a new way of joining and rebuilding molecules and used it to refine the anti-wrinkle treatment Botox in an effort to improve its use for Parkinson's, cerebral palsy and chronic migraine.

Mortgage bond issuance leaps year to date

U.S. mortgage-backed securities issuance jumped in the first nine months of 2010 from the same period a year earlier as credit markets loosened up and investors' risk appetite improved

NIH joins patent pool for AIDS drugs

The United States National Institutes of Health said on Thursday it will share intellectual property rights on some AIDS drugs in a patent pool designed to make treatments more widely available to the poor.

Royal Bank of Scotland plans 500 new job cuts-source

Royal Bank of Scotland is planning to cut around 500 jobs at its investment banking arm, a source with knowledge of the matter said on Tuesday.

New UK Labour leader distances himself from Brown

The new leader of Britain's opposition Labour Party will signal a break with some of the party's policies on Tuesday, and distance himself from former Prime Minister Gordon Brown's stewardship of the economy.

Ford CEO sees solid FY, cashflow positive 2011

Ford will be cashflow positive and improve overall performance next year after solid earnings in 2010, as it intensifies its focus on smaller, greener models, its chief executive Alan Mulally said on Monday.

Media leading drug educator for kids, doctors say

Despite severe restrictions on tobacco advertising, youths are still too often exposed to media depicting smoking and drinking in a favorable light, according to one group of doctors.

Genetic discovery could lead to brain treatments

British scientists have discovered a genetic mechanism in the development of the nervous system that they say might one day be part of new treatments for stroke, Alzheimer's disease or brain tumors.

Heart-healthy diet doesn't have to be costly

Spending more on food isn't the only way to buy the healthiest diet, new research shows.

Honda to overhaul sourcing method for emerging markets push

Honda Motor Co will overhaul its sourcing strategy by ditching its one-spec-fits-all method on global car models to better compete with Hyundai Motor and others in emerging markets, an executive said on Tuesday.