Bus crash kills 12 college teachers, students in Bangladesh

Latest reports coming from Bangladesh says that at least 12 college students and teachers returning from a picnic were killed as a bus carrying them fell into a 300-feet gorge in southeastern Bangladesh. " At least nine people were killed and over 35 were injured when a...

Citi Rescue Talks Underway

"The market shrugged off the prospect of a Citigroup meltdown and focused instead on the leak that Timothy Geithner was Obama's pick for Treasury Secretary. Citi fell another 20%, its shares dropping below $4. Have banking catastrophes become so routine that it is now...

India v England, 3rd ODI: India wins by 16 runs (D/L)

"India won the 3rd ODI against England by 16 runs on Duckworth Lewis method as bad light stopped play in Kanpur. This means India has won three out of three matches so far in the series. Scorecard - India win 3rd ODI Kevin Pieterson won the toss for England and chose to bat...

Inflation falls at record pace to 4.5%

As the value of the pound outside of the UK sinks, it appears that inflation within the country is falling as well. Inflation in th eUk fell at a record pace in October, data released today shows."Inflation tumbled at a record pace in October to 4.5 per cent, down from the...

Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

UK house prices fall at record annual rate in Oct

Uk home prices are continuing to plummet, causing a great amount of anxiety for the sector. House prices fell at a record rate this month in the UK."British house prices fell in October at their sharpest annual rate since records began in 1991, the Nationwide building society...

Flights diverted as snow storms hit Britain

Snow has come bizarely early in the UK this year, with the Southwest of the country getting snowfall yesterday. The Southwest of England usually doesn't see much snow at all for the entire winter."Luton Airport was forced to divert a number of its flights on Tuesday evening ...