British women face jail after drunken rampage on jumbo jet

British travellers overseas are continuing to make their country proud, with two girls getting so drunk on a flight from Greece to Manchester that they tried to open the plane door during flight. They had to be wrestled to the ground and handcuffed. The incident is just a...

Sovereign funds fly out dollar deposits

In reaction to growing US dollar weaknes, some sovereign wealth funds decided to reduce their exposure to that currency. According to the following FT article "Behind the scenes, fund officials are questioning the credibility of the Federal Reserve and US Treasury in...

Homeowner arrested after the burglar he confronted falls 30ft

"A homeowner was arrested after a burglar plunged from the balcony of his top-floor flat.The intruder suffered head injuries and is fighting for his life after falling around 30ft on to a concrete path.Later police arrested the owner and are investigating whether the intruder...

Entrepreneur Tenacity/ Dan Wanger Tries to Tise Again

A good profile of Dan Wagner and his career history to date. Although he has an uncanny knack of failing to impress the city and has almost certainly made some poor decisions, you have got to respect the mans tenacity. Being relentlessly yourself in this day and age is an...

Politics Is Pragmatic

"The Financial Times discovers that even left wing regimes can be pragmatic. They seem surprised at the success of globalized capitalism which they have touted for so long. Morales opts for a pragmatic Bolivia"

Universal backs free music rival to iTunes

"Universal Music, the world’s largest music company, is backing a start-up that will allow consumers to download songs for free. It will rely on advertising for its revenues, offering a different business model from that of Apple Computer’s popular iTunes music store."

Computers write news at Thomson

"The computers work so fast that an earnings story can be released within 0.3 seconds of the company making results public."

UK urges Europe to step up security measures

"John Reid, UK home secretary, on Wednesday urged his European counterparts to adopt tighter anti-terror measures across the continent, along the lines of those adopted by Britain."

Sony to share cost of Dell battery recall

"Sony on Tuesday said it would pay some of the costs involved in Dell’s recall of millions of notebook computer batteries made by the Japanese company."

Juniper faces Nasdaq de-listing

Juniper Networks on Thursday said it expected to receive a notice of de-listing from the Nasdaq after an investigation into suspected options backdating forced the company to delay filing its financial results with US regulators.

AOL calls release of data a 'screw up'

"AOL found itself at the centre of an internet firestorm after its employees published details of the search histories of 658,000 of the group’s US users."