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FTSE rallies to claw back losses

The FTSE 100 Index has clawed back early session losses as it shrugged off concerns over high street Christmas trading and lower commodity prices.Upbeat...

Banker held in £32m F1 bribe probe

A former bank executive has been arrested in Germany for allegedly accepting a 50 million dollar (£32 million) bribe in the 2006 sale of...

General will lead flood recovery

Australia has put an army general in charge of flood recovery efforts after weeks of heavy rains deluged the north east, crippling the area's...

Big freeze hits high street stores

Fashion chain Next has said it lost £22 million in sales as retailers revealed the impact of December's big freeze on festive trading.The disruption...

2010 'coldest December on record'

Last month was the chilliest December in records stretching back 100 years and one of the coldest months ever recorded in the UK, the...

Call for MP expenses 'principles'

Tough expenses rules for MPs should be abandoned in favour of a set of "principles" and scrutiny by voters, the watchdog in charge of...

Drop in housebuilding recorded

The construction sector contracted in December after housebuilders recorded their lowest level of activity for 20 months, according to new figures.The latest Markit/CIPS Purchasing...

Retail fears see end of FTSE rally

Concerns over high street Christmas trading and lower commodity prices have called a halt to the new year rally as the FTSE 100 Index...

Lebanon in UN plea over gas fields

Lebanon has asked the United Nations (UN) to protect the country's natural gas reserves along the maritime border with Israel.Government officials have accused Israel...

Dead birds riddle probed in Sweden

Investigators in Sweden are trying to find out what caused the death of around 50 birds found in a street in the city of...

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