Obama speechwriter Favreau learns the perils of Facebook

"Jon Favreau, future White House director of speechwriting, has so far been at a loss for words over Facebook pictures of him at a recent party. Pictures of Favreau, 27, at a recent party appeared on Facebook Friday. In one of the photos, Favreau, who...

Who's who on Obama's new team

Who's who on Obama's new team Since winning the US presidential election, Barack Obama has wasted little time assembling a team to help him govern. The BBC News website has put together...

Rudy Guede guilty of Meredith Kercher murder

The murder of British student Meredith Kercher, a case that has generated huge media attention in botht the UK and Italy, has now seen the accused man sentenced to 30 years in prison. Kercher's American roomate will now likely stand trial for the muder as well. It is thought...

Indian shares fall more than 2 pct in early trade

Indian stock markets have opened on monday sharply lower following weak global cues. Selling pressure is seen in metal, realty, telecom, power, capital goods, oil & gas and banking stocks. Nifty is trading at lowest level since March 20, 2007."Indian shares fell more than...

HBOS Shares Rally Well as Backers Express Confidence in Lloyds TSB Merger

HBOS shares have rallied for the second day running as investors express their confidence in the Loyds TSB merger deal, with the backing of Prime Minister Gordon Brown.  After dropping by 20% on Tuesday the share price has gained 21% yesterday and another 10%...

Companies impose new disclosure rules on activists

Several key corpoartions announced today that they would require more detailed disclosure from politically or socially active shareholders.  Citing insufficient securities laws, the move was made amidst speculation that conflict of interest could motivate some...