FTSE down 0.4% by end of trade Thursday, as miners drag

FTSE down 0.4% by end of trade Thursday, as miners drag

Britain’s leading shares index the FTSE 100 was down 0.4 per cent at 23.31 points to 5,617.26 by close of trade Thursday. Miners dragged on the FTSE, as did Morrison WM Supermarkets; despite the firm announcing much better than expected results for 2009 earlier today. Among the miners Kazakhmys led the falls, down 3.17 per cent, while [...]

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Sahil Saeed, five-year-old British boy kidnapped in Pakistan, has not been freed, Foreign Office says

Sahil Saeed has not been freed, Foreign Office confirms

Sahil Saeed, a five-year-old British boy kidnapped in Punjab, has not been freed and is still being held by kidnappers, the Foreign and Commonwealth Office has said. A Foreign Office spokesperson told inthenews.co.uk that Sahil had definitely not been released, as had been claimed by a senior Punjab minister earlier today. Sahil was taken at gunpoint by [...]

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11. March 2010

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Sahil Saeed has not been freed, Foreign Office confirms

Sahil Saeed, five-year-old British boy kidnapped in Pakistan, has not been freed, Foreign Office says

Sahil Saeed, a five-year-old British boy kidnapped in Punjab, has not been freed and is still being held by kidnappers, the Foreign and Commonwealth Office has said. A Foreign Office spokesperson told inthenews.co.uk that Sahil had definitely not been released, as had been claimed by a senior Punjab minister earlier today. Sahil was taken at gunpoint by [...]

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11. March 2010

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FTSE down 0.4% by end of trade Thursday, as miners drag

FTSE down 0.4% by end of trade Thursday, as miners drag

Britain’s leading shares index the FTSE 100 was down 0.4 per cent at 23.31 points to 5,617.26 by close of trade Thursday. Miners dragged on the FTSE, as did Morrison WM Supermarkets; despite the firm announcing much better than expected results for 2009 earlier today. Among the miners Kazakhmys led the falls, down 3.17 per cent, while [...]

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11. March 2010

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Barack Obama: The time for talk is over on health reform

Barack Obama: The time for talk is over on health reform

US president Barack Obama has said the "time for talk is over" on his crucial plans to overhaul the country’s healthcare system. Speaking to a crowd in Missouri, Mr Obama said it was time for Congress to vote on his proposed healthcare plans, which would see a trillion-dollar national health service introduced in the world’s richest [...]

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11. March 2010

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Beckham insists Red Knights campaign is ‘not his business’

David Beckham says mooted Red Knights takeover bid of Manchester United is 'not his business'

David Beckham has denied supporting an anti-Glazer family takeover of Manchester United despite draping himself in the movement’s colours at Old Trafford last night. The former England captain returned to Old Trafford as an opposing player for the first time last night since leaving United seven years ago as his AC Milan side lost 4-0 on [...]

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11. March 2010

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BP announces deal to search for oil off Brazilian coast

BP announces deal to search for oil off Brazilian coast

Oil giant BP has announced today it has secured a deal to begin deepwater offshore exploration for oil off the Brazilian coast. The firm said it would pay US firm Devon Energy £4.7 billion for its Brazilian assets, as well as those in Azerbaijan and the US deepwater Gulf of Mexico. In addition, BP will sell [...]

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11. March 2010

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HMRC accepts Portsmouth administration

HMRC to accept legality of Portsmouth's entrance into administration

Portsmouth Football Club are expected to learn on Thursday that HM Revenue and Customs (HMRC) will accept the legality of the club entering administration. The south coast are still likely to face a nine-point deduction in the Premier League but will now avoid a winding up order after HMRC accepted that owner Balram Chainrai was legally [...]

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11. March 2010

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Mexican billionaire Carlos Slim tops Forbes rich list

Bill Gates (pictured) was knocked off the top spot by Carlos Slim

According to the Forbes rich list Carlos Slim, the Mexican telecoms bazillionaire, has pushed Bill Gates off the top spot as the world’s richest man. The list also showed that China now has more billionaires than any other country besides the US, while the Grosvenor family were the only UK-based billionaires to make it into [...]

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