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O2 says iPhone demand strained London network

Apple's data-hungry iPhone at times overwhelmed operator O2's network in London during the last six months but additional capacity helped ease the problem by December, O2 said on Tuesday.

End-year world stock rally continues

World stocks floated below year highs on Tuesday, extending a year-end rally with Britain's FTSE rising to pre-Lehman levels.

Australia leads Asia stocks as commodities gain

Australian shares rose on Tuesday, helped by gains in oil and metals and by merger activity, but stock markets elsewhere in Asia lagged as year-end activity dwindled and the dollar's rally ran out of steam.

COMEX Gold trades higher at $ 1110.5

Gold futures on Monday traded relatively higher in the global markets. UK markets were shut due to low liquidity. COMEX Gold futures for February delivery are trading up $6.4 at $ 1110.5 per ounce, while MCX February gold futures hit a high of Rs 16910 trading up over Rs 50 at Rs 16878 per 10 grams.

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Stock futures edge up as investors eye year-end

Stock index futures indicated a flat to higher open on Monday, with investors wary of taking risky bets into year-end.

Stock futures flat to higher; eyes on airlines

U.S. stock index futures pointed to a flat to higher open on Wall Street on Monday following the Christmas break, with futures for the S&P 500 up 0.07 percent, Dow Jones futures flat and Nasdaq 100 futures up 0.27 percent at 4.17 a.m. ET.

Dollar holds gains, Treasury auctions eyed

The dollar held near recent highs against the yen on Monday, helped by demand from Japanese corporates before the year-end, with eyes on U.S. data and Treasury auctions to see if it can maintain its recent rally.

Ferrero still mulling Cadbury bid

Italian chocolate giant Ferrero is still examining its options on a possible bid for Britain's Cadbury PLC.

Ferrero says still mulling Cadbury bid: report

Italian chocolate giant Ferrero said it is still examining its options on a possible bid for Britain's Cadbury PLC , daily La Stampa reported on Sunday.

U.S. holds Nigerian man in Detroit plane attack plan

A Nigerian man with possible links to al Qaeda militants was in custody on Saturday after he tried to ignite an explosive device on a U.S. passenger plane as it approached Detroit, U.S. officials said.

Europe tightens security after foiled U.S. attack

Airports and airlines across Europe moved rapidly to tighten security on U.S.-bound flights on Saturday after a man tried to set off explosives on a plane flying from Amsterdam to Detroit.

Britain's queen calls 2009 difficult year

Britain's Queen Elizabeth paid tribute to the armed forces and referred to the recession in her annual Christmas Day message on Friday, describing 2009 as a difficult year.

Obama says disappointment at Copenhagen justified

President Barack Obama said on Wednesday that disappointment over the outcome of the Copenhagen climate change summit was justified, hardening a widespread verdict that the conference had been a failure.

China tightening could undo risk markets: James Saft

(James Saft is a Reuters columnist. The opinions expressed are his own)

Aberdeen eyes RBS asset business: sources

Aberdeen Asset Management (ADN.L) is interested in buying the funds arm of Royal Bank of Scotland (RBS.L), two sources familiar with the situation said, as the bank offloads a raft of assets after a government-backed bailout.

China leads Asian shares up, dollar rally stalled

Asian stocks gained on Thursday, with Tokyo shares hitting their highest in three months, while the dollar edged away from recent peaks on weak U.S. housing data.

Copenhagen blame game not helpful says UN climate chief

Countries should stop blaming each other for the weak outcome of the Copenhagen climate talks and sit down together to move the process forward, the U.N.'s top climate change official said on Wednesday.

Daily Forecast 24/12/2009

In local trade yesterday the Aussie struggled to break from a tight range between 0.8750 and 0.8780 entering offshore exchanging near the bottom of the band at 0.8755.

Fugitive still updates his Facebook status while police search for him

A man in the UK who escaped prison and is now updating his status message on Facebook, telling the world what his life as a fugitive.

American Greetings posts profit, shares up

American Greetings Corp posted a third-quarter profit, helped by portfolio changes, operational improvements and cost cuts, sending its shares up as much as 5 percent to a year high.

Simon Cowell will leave American Idol: report

American Idol judge Simon Cowell has decided to quit the top-rated TV talent show when his contract ends in 2010, according to a report in British tabloid The Sun, which would deal a blow to the Fox network.

Chill winds blow over British universities

Britain's universities are being given an uncomfortable reminder of the depth of the recession as the government slashes their budgets and urges them to focus on degrees that will directly benefit the economy.

Iraq inquiry to question Brown after election

Prime Minister Gordon Brown and other members of his government will not appear before an inquiry into the Iraq war until after a general election next year, the inquiry team said on Wednesday.

2010 to be key year in fight against nuclear arms

Next year will be crucial for global nuclear non-proliferation efforts and all eyes will be on the United States and Russia to see if the two top atomic powers can reach a deal to reduce their arsenals.

Vodafone UK sets iPhone release date

Wireless provider Vodafone said Monday it will release the Apple iPhone on its network on January 14, officially becoming the latest UK phone network to offer the popular smartphone.

Lloyds Bank in $217 million settlement with U.S.

Britain's Lloyds TSB Bank Plc reached a $217 million settlement of charges it violated U.S. sanctions regulations, the Treasury Department said on Tuesday.