UNITED KINGDOM

Greek PM fears debt cost spiral

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Greece raised the stakes on Thursday in its quest for EU help to tackle its debt crisis, warning it cannot achieve promised deficit cuts if its borrowing costs remain high and might have to call in the IMF.
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China Mobile growth prospects improve

China Mobile's forecast-beating results suggest its years of investment in data services is paying off, helping the world's largest mobile carrier report an unexpected rise in revenue per user.
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Vedanta may separate aluminium business

Vedanta Resources may demerge its aluminium division. According to a report appeared in The Independent in UK, the new firm will be the world's fourth biggest aluminium player, behind Russia's United Company Rusal, America's Alcoa and China's Chalco.
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Asian shares at 2-month high, yen falls on BOJ move

Technology stocks pushed Asian shares to a two-month high on Wednesday, powered by hopes of strong earnings for Intel, while the yen faltered after the Bank of Japan loosened policy in a bid to spur the flagging economy.
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Resume Tips – Something to think about…

How many times have you picked up a magazine while waiting for an appointment and flipped through the hundreds of pages of articles? How long did it take you to decide whether or not to turn the page?
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Kraft under fire after Cadbury plant U-turn

Kraft Foods came under heavy fire from UK parliamentarians on Tuesday for raising false hopes about the future of a Cadbury plant as it battled to win control of the British chocolatier.
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Acquisition worries overdone for Australia's NAB?

Shares in National Australia Bank, the country's top lender, have lagged peers by far in the past six months as investors fret its acquisition moves are distracting it from the core banking operations.
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EU hedge fund row ends in stalemate

European Union finance chiefs failed on Tuesday to resolve a row over new rules to control hedge funds, a spokeswoman for the EU's Spanish presidency said.
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Lehman Brothers' whistle blower was ousted: report

Lehman Brothers Holdings Inc ousted whistle blower Matthew Lee just weeks after he had raised concerns with Lehman's auditor about the firm's accounting in 2008, the Wall Street Journal said, citing people familiar with the matter.
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Asian shares pare gains, dollar softer before Fed

Asian shares struggled to keep modest gains on Tuesday and the dollar gave ground as investors trimmed long positions ahead of a Federal Reserve policy meeting expected to repeat a pledge to keep rates low for a long time.
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EU executive to put Greek plan to finance ministers

The European Union's executive said on Monday it was ready to propose a framework that could be used to aid Greece, despite signs of continuing reluctance from France and Germany to make concrete commitments.
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Download growth boosts 2009 UK music royalties

British songwriters, composers and music publishers earned 623 million pounds ($944.8 million) in royalties in 2009, up 2.6 percent on 2008 and the first time the growth in digital revenues outperformed the drop in CD and DVD earnings.
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EU to discuss Greek aid, Germany skeptical

Euro zone finance ministers on Monday will look at how to give Greece financial aid should it ask for help, but there were signs France and Germany were holding out on making concrete commitments.
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Alice leads box office, as Green Zone flops

Alice in Wonderland raced to a $430 million haul at the worldwide box office on Sunday, while Matt Damon's new Iraq war conspiracy thriller Green Zone was one of the year's first big flops.
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Greek bailout tops EU finance ministers' agenda

Finance ministers from countries using the euro hope to agree on Monday on a way of providing heavily indebted Greece with financial aid, despite French and German doubts that a deal will be reached.

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