Luxury goods conglomerate, LVMH is believed to be planning for a £300 million investment on three stores on one of the most expensive shopping areas in London.
Crude oil prices dropped below $98 a barrel in Asian trade Friday as investors' hopes dimmed over the outcome of a crucial European Union summit later in the day.
Stroll the grimy backstreets of Dickensian London and experience for yourself the sights and sounds which inspired one of the greatest writers in English literature.
The stronger the villain, the more the hero has to win in the end. That was the thinking process of Jerry Robinson, a legend of the Golden Age of DC Comics, when he created the Joker, the greatest Batman villain of all time. I interviewed Robinson in 2008: here are the comics legend's thoughts on Batman, Heath Ledger and the future of comics.
The European Banking Authority noted banks within the 27-nation European Union need to raise €114.69 billion ($152.8 billion) by June of next year in order to meet the authority's capital requirements. That amount is €8.24 billion, or 7.18 percent, more than the supranational regulator had noted on October 30. The balance sheet apparently worsened at certain banks, most notable in Germany, Belgium and Austria.
Britpop band Blur will receive an Outstanding Contribution to Music award at next year's BRITs, Britain's answer to the Grammys.
Her Majesty's Revenue and Customs (HMRC) has warned 102 fashion houses in Britain to avoid exploiting interns before the onset of the next London Fashion Week.
Tucked away in Ghana's southern Ashanti region, Obuasi has all the trappings of a gold-rush town, including a statue of a miner painted in gold and a huge conveyor belt crisscrossing the city centre. But while rows of neat miners' cottages show some local gain from a commercial mining industry dating back to the 19th century, many of its residents complain they have yet to feel the full benefit of the riches buried beneath their feet.
English Premier League club Arsenal booked their place in the first knock-out round of the UEFA Champions League this year and now know the complete list of potential opponent for the next round. The draw for the knockout stages will now be held on Dec. 16 in Nyon, Switzerland. This season's Champions League will conclude at the Allianz Arena in Munich, Germany.
The ongoing feud between two fashion powerhouses - the Council of Fashion Designers of America (CFDA) and the Camera Nationale dell Moda Italiana - continues, with the former rejecting a request by the Italian fashion council to cancel the final day of the 2012 New York Fashion Week.
Anelka arrived at Chelsea in 2008.
Crude oil prices advanced in Asian trade on Thursday ahead of long-awaited crucial European Union (EU) summit on the regional debt crisis.
The last rite of legendary Bollywood actor Dev Anand will be held in London, on Saturday Morning.
Guns N' Roses, Red Hot Chili Peppers and the Beastie Boys were among this year's inductees into the Rock and Roll Hall of Fame, the hall announced on Wednesday.
In the past few months, but particularly in the last few days, the British Chancellor of the Exchequer and the Governor of the Bank of England, roughly British equivalents to the American Treasury Secretary and Fed Chairman, have become the bane of the English banking system's existence. Other British government officials have also joined the fray.
Citigroup began a round of layoffs among its London-based investment bankers this week, with jobs in advisory, equities and fixed income set to go as the bank readies 4,500 redundancies worldwide.
David Gray, an obsessive investment banker for JP Morgan, has been convicted of carrying out a cross-Atlantic stalking mission in an aim to re-kindle his relationship with his ex-mistress, Daniela Rausnitz.
An Apple Store will open in Grand Central Terminal on Dec. 9 at 10 a.m. Read why the historic train station and the artistic tech company are a perfect match for one another.
Greece's financial crisis could certainly use the help of a drachma -- provided it's the 2400-year-old coin that is poised to fetch $2.5 million when it is auctioned next month.
Large gold producers are coming under increasing pressure to buy copper assets simply to boost their gold reserves, the CEO of Metals Economics Group said Wednesday.
British scientists have made the first human embryonic stem cells of a high enough grade to use in patients and deposited them in a public stem cell bank for development in human trials by drug companies and researchers by 2014.
Andrew Embiricos, grandson of Hollywood screen legend Rita Hayworth, was found dead in his New York City apartment Sunday in what police called an apparent suicide. However, his mother and friends doubt suicide.
