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Goldman plans tighter bonus rules

Investment bank Goldman Sachs is to tie the bonuses of top executives more closely to the company's financial performance.The New York-based bank said in...

Indian rocket explodes after launch

A rocket carrying an Indian communication satellite has exploded just after lift-off in the second launch failure for India's space agency this year.Television images...

Venezuelan ex-president Perez dies

Former Venezuela president Carlos Andres Perez, whose popularity soared with his country's oil-based economy but who later faced riots, a severe economic downturn and...

White Christmas grounds US flights

A rare white Christmas in parts of southern United States has complicating life for some travellers as airlines cancelled hundreds of flights, while snow...

Neighbours threaten Ivory Coast

The man who refuses to leave Ivory Coast's presidency is facing new threats to his grasp on power after regional leaders threatened to remove...

Experts decode US message in bottle

A sealed glass vial from the US Civil War has been opened, revealing a coded message to the desperate Confederate commander in Vicksburg on...

Think tank: scrap inheritance tax

Inheritance tax should be abolished and replaced with a new tax on gifts to individuals over £150,000, a leading think tank has urged.The Institute...

Troops enjoy traditional dinner

British soldiers in Afghanistan enjoyed two tonnes of turkey for Christmas dinner.The troops were also treated to one and a half tonnes of gammon,...

Consumer spending expected to drop

Consumer spending is expected to drop by 0.5% or £354 million in the first quarter of next year compared with the same time last...

Injured teenager found dead in bath

Murder police are investigating after a badly injured 15-year-old boy was found dead in a bath.The teenager was discovered apparently drowned and with a...

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