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Desire's shares slump nearly 50%

Falkland Islands-focused oil firm Desire Petroleum saw its shares slump by nearly 50% after it admitted a suspected oil find turned out to be...

HSBC fights back over Madoff action

British banking giant HSBC says it will "vigorously" defend itself against "unfounded" claims made by the lawyer in charge of recovering losses for victims...

FTSE edges ahead on takeover talks

The market has edged forward as takeover talk provided the main focus on an otherwise slow day for traders.Banknote printer De La Rue surged...

Live show car stunt ends in tragedy

Millions of German TV viewers saw a man seriously injure himself trying to jump over a car on a live show.Samuel Koch, 23, suffered...

Briton defends Venezuelan support

A Welsh Trotskyist accused of being the "evil genius" behind the president of Venezuela has challenged his critics to a public debate.Swansea-born Alan Woods...

Airline blamed for Concorde crash

US airline Continental and one of its mechanics have been convicted of causing the Air France Concorde crash that killed 113 people 10 years...

Swiss cut WikiLeaks bank account

The Swiss postal system has stripped WikiLeaks founder Julian Assange of a key fundraising tool, accusing him of lying and immediately shutting down one...

£1.2m violin stolen as musician ate

Thieves made off with a £1.2 million antique Stradivarius violin when a classical musician went to buy a sandwich.Min-Jin Kym, 32, was targeted when...

Silence golden for Christmas single

Musicians have crowded into a small London studio to record a silent Christmas charity single they hope will reach the top spot.Madness frontman Suggs,...

Equality group loses Budget appeal

The Fawcett Society has been refused permission to challenge the legality of the Government's emergency Budget.A QC for the gender equality group told a...

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