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Washington to sue BP over Gulf leak

The US government is to sue BP for costs and damages resulting from the Gulf of Mexico oil spill.The firm is among eight companies...

Bank share falls pull FTSE down

Falls among blue chip banks have pulled the FTSE 100 Index into negative territory after warnings of a possible ratings downgrade for debt-laden Spain.Barclays...

Four dead in Spanish gun rampage

A man facing foreclosure on his apartment has shot dead his former employers and two bank workers in a small Spanish town.Police said the...

Bomber 'not on Sweden terror list'

The Stockholm bomber was not on a list of 200 radical Islamists drawn up by Sweden's security service, officials have said.Taimour Abdulwahab al-Abdaly, 28,...

Spitting Image puppets snapped up

A selection of political puppets made for satirical television show Spitting Image raised more than £7,000 when they were sold separately.The Latex models included...

Diageo settles over Vodkat dispute

The UK arm of Smirnoff producer Diageo says it has settled a two-year dispute with a rival firm over the name of a "confusing"...

Call for Royal Mail to stay public

Moves by firms to suspend deliveries to snow-hit Scotland demonstrate the need to ensure Royal Mail stays in public hands, the Commons has heard.MPs...

Capital rejects US takeover bid

The owner of Lakeside and Metro shopping centres has rejected a proposed takeover bid from a US shareholder and accused the firm of attempting...

Virgin Atlantic fuels merger talk

Virgin Atlantic has fuelled speculation it could pursue a merger or tie-up after it said it had received "a number of lines of inquiry".The...

Spain debt fears hit bank shares

The threat of a ratings downgrade for Spain sent blue-chip banks lower on Wednesday and dragged the FTSE 100 Index back from Tuesday's two-and-a-half-year...

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