BREAKING NEWS

2008-01-11

Business

Battered Countrywide being bought by Bank of America

Bank of America has agreed to buy the battered mortgage lender Countrywide for 2.7 billion euros. Countrywide has suffered huge losses and defaults

Bank of America has agreed to buy the battered mortgage lender Countrywide for 2.7 billion euros. Countrywide has suffered huge losses and defaults

Business

Gold hits new record with further rises expected

The price of gold hit a record high on Friday, going above 900 dollars an ounce for the first time ever in New York. It was driven up by hopes of a

The price of gold hit a record high on Friday, going above 900 dollars an ounce for the first time ever in New York. It was driven up by hopes of a

Business

Rolls-Royce cuts jobs to counter rising costs

British engine maker Rolls-Royce Group has announced plans to cut up to 2,300 jobs worldwide in response to rising costs. It is getting more

British engine maker Rolls-Royce Group has announced plans to cut up to 2,300 jobs worldwide in response to rising costs. It is getting more

Europe

Consumer credit directive ready for EP vote

A directive proposal to harmonise the €800 billion consumer credit market is coming up for a vote in the European Parliament. The goal is to allow

A directive proposal to harmonise the €800 billion consumer credit market is coming up for a vote in the European Parliament. The goal is to allow

Europe

Eufor to deploy in Chad by mid-February

EU diplomats have said a European Union peacekeeping force for Chad and the Central African Republic, could be deployed by mid-February. Eufor was to

EU diplomats have said a European Union peacekeeping force for Chad and the Central African Republic, could be deployed by mid-February. Eufor was to

News

Bush continues tour in the Gulf

US President George W. Bush has arrived in Kuwait, after concluding his visit to Israel and the West Bank. It is the first of five Arab states on the

US President George W. Bush has arrived in Kuwait, after concluding his visit to Israel and the West Bank. It is the first of five Arab states on the

News

Can Chavez free other FARC hostages?

So far, the Chavez method has worked. But could it point the way to the release of further jungle hostages? After securing freedom for Consuelo

So far, the Chavez method has worked. But could it point the way to the release of further jungle hostages? After securing freedom for Consuelo

News

Worldwide protests mark Guantanamo's sixth anniversary

As part of a global day of action, Amnesty International marked the sixth anniversary of the controversial Guantamano Bay detention centre by staging

As part of a global day of action, Amnesty International marked the sixth anniversary of the controversial Guantamano Bay detention centre by staging

News

Tributes to Everest hero Sir Edmund Hillary

There have been further tributes to Sir Edmund Hillary, the first man to conquer Mount Everest, who has died aged 88. His historic exploit with

There have been further tributes to Sir Edmund Hillary, the first man to conquer Mount Everest, who has died aged 88. His historic exploit with

News

Bush upbeat on a Middle East treaty within a year

The first trip to the Holy Land by George Bush as US president was marked by a bold forecast of a peace treaty, and some strong words for the

The first trip to the Holy Land by George Bush as US president was marked by a bold forecast of a peace treaty, and some strong words for the

News

Klinsmann to coach Bayern Munich

German football ace Juergen Klinsmann is taking over as coach of Bayern Munich from July. Klinsmann coached the German national team to an unexpected

German football ace Juergen Klinsmann is taking over as coach of Bayern Munich from July. Klinsmann coached the German national team to an unexpected

News

Rolls-Royce announces plans to cut 2,300 jobs

The British aero-engine manufacturer Rolls-Royce has announced plans to cut 2,300 jobs from its managerial, professional and clerical staff. The

The British aero-engine manufacturer Rolls-Royce has announced plans to cut 2,300 jobs from its managerial, professional and clerical staff. The

News

Worldwide protests on Guantanamo Bay anniversary

Demonstrators have been protesting against the sixth anniversary of the opening of the US detention centre at Guantanamo Bay in Cuba. In Australia

Demonstrators have been protesting against the sixth anniversary of the opening of the US detention centre at Guantanamo Bay in Cuba. In Australia

News

Bush continues Middle East tour after strong words

US President George W. Bush has rounded off the Israeli part of a Middle East tour, having hardened his tone towards the administration there. During

US President George W. Bush has rounded off the Israeli part of a Middle East tour, having hardened his tone towards the administration there. During

News

Hostage release triumph for Chavez

There has been a happy ending at last for Hugo Chavez and the two women hostages whose liberation he helped secure. Clara Rojas and Consuelo Gonzalez

There has been a happy ending at last for Hugo Chavez and the two women hostages whose liberation he helped secure. Clara Rojas and Consuelo Gonzalez

News

Mountaineering legend Edmund Hillary dies

Sir Edmund Hillary, one of the two men to first conquer Mount Everest, has died. The 88-year-old New Zealander, who had been ill for some time

Sir Edmund Hillary, one of the two men to first conquer Mount Everest, has died. The 88-year-old New Zealander, who had been ill for some time

News

Observers say Bush has changed tone on Middle East

There were cheerful goodbyes from President Bush in Jerusalem last night after a visit that marked a change in tone from Israel’s main ally. The

There were cheerful goodbyes from President Bush in Jerusalem last night after a visit that marked a change in tone from Israel’s main ally. The

News

Colombian hostages reunited with their families

There was a joyful reunion with friends and family in Venezuela for two hostages released by Colombia’s FARC rebels. Clara Rojas and Consuelo

There was a joyful reunion with friends and family in Venezuela for two hostages released by Colombia’s FARC rebels. Clara Rojas and Consuelo

News

Hostage deal boosts Chavez's standing

The triumphal return of the hostages is being seen as a major political victory for the leftist leader after recent setbacks. It has brought

The triumphal return of the hostages is being seen as a major political victory for the leftist leader after recent setbacks. It has brought

News

Uribe thanks Chavez despite fraught partnership

There has also been praise for Colombia’s President Alvaro Uribe who gave the green light to Chavez to begin mediation. At one point Uribe halted the

There has also been praise for Colombia’s President Alvaro Uribe who gave the green light to Chavez to begin mediation. At one point Uribe halted the