European, US stock markets slide as Morgan Stanley results fall short of expectationsLONDON — European and U.S. stock markets dropped Wednesday after investment bank Morgan Stanley reported a wider-than-expected loss for the first quarter and reduced its dividend. Jack Jones, respected former British labor union chief, dies in London at 96LONDON — Jack Jones, a union leader who became a household name in Britain through his battles to secure better rights for workers, has died, his son said Wednesday. He was 96. British releases all 12 suspects arrested in terror raids this monthLONDON — British police released the last of 12 suspects rounded up in a series of dramatic anti-terror raids earlier this month, failing to charge any of the men, authorities said Wednesday. Family of missing Madeline McCann travels to US for interview with Oprah Winfrey ShowLONDON — The parents of missing British girl Madeleine McCann are flying to the United States to film an interview with Oprah Winfrey. IMF warns euro zone to shrink 4.2 percent this year, more action needed to support E. EuropeLONDON — The International Monetary Fund is warning that the countries using the euro currency will see their economies shrink 4.2 percent this year. GlaxoSmithKline posts 13 percent drop in 1Q net profit as US pharma business slumpsLONDON — GlaxoSmithKline, the world’s second largest drug maker by revenues, posted a 13 percent drop in net profit for the first quarter on Wednesday, as strong sales in Europe and emerging markets were offset by a poor performance in its U.S. pharmaceutical business. UK Treasury chief to present recession budget with narrowing room for maneuverLONDON — British Treasury chief Alistair Darling will present the government’s budget on Wednesday, with his options constricted after pumping billions into stabilizing a foundering economy. European markets higher as banks buoyed by US Treasury comments; investors await UK budgetLONDON — European markets were cautiously higher Wednesday, as overnight comments from the U.S. Treasury chief pushed up banking stocks and investors digested the British government’s new budget. US dollar mixed, gold lower in European morning tradingLONDON — The U.S. dollar was mixed against other major currencies in European trading Tuesday morning. Gold fell. Hamas leader to make unprecedented address to British lawmakersLONDON — It promises to be one of the British Parliament’s more controversial question and answer sessions. UK authorities say they want to deport 9 men caught up in terror raidsLONDON — British authorities are seeking to deport nine terrorism suspects arrested earlier this month in a highly publicized police operation, officials said Tuesday. British cricket teams play on Mount Everest to set high-altitude recordKATMANDU, Nepal — Two teams of British cricketers played on the foot of Mount Everest Tuesday in an attempt to set a high-altitude record for field sports. Former Liverpool star Robbie Fowler to make debut for North Queensland against Sydney FCSYDNEY — Former Liverpool and England striker Robbie Fowler will make his Australian competition debut for expansion team North Queensland Fury against Sydney FC in Townsville on Aug. 8, the A-League announced Monday. Experts says Brit Pakistanis might carry out future attacks on the USWASHINGTON - The US fears that future attacks on America are likely to be carried out by Muslims from the UK, and therefore, there is a need to boost surveillance of British Pakistanis. British soldier killed in AfghanistanLONDON — Britain’s defense ministry says a soldier has been killed while on patrol in southern Afghanistan. Queen’s Baton unveiled as a prelude to Commonwealth Games 2010NEW DELHI - The countdown to the Commonwealth Games in 2010 has officially begun. The prototype of Queen’s Baton was unveiled at a spectacular show here last evening. |
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