BREAKING NEWS

2009-07-21

Business

UK budget deficit balloons

Slumping tax revenues and higher unemployment benefit claims helped push Britain’s budget deficit to a record high in June. The latest official

Business

Swiss exports roll further

Swiss exports slumped by nearly a quarter in June. Year-on-year they were down by 23.5 percent when adjusted for price swings and were 2.6 percent

Europe

MEPs support milk producers

The battles lines are being drawn in the ongoing war over milk prices, which have fallen by 50% since 2007, meaning that some European dairy farmers

World

Kids of rich brits get top jobs

British children born of poorer families are missing out on the country’s top jobs because they continue to be let down by a moribund state education

Business

Mixed news from Volvo trucks

The world’s second largest truck maker Volvo has posted a worse than expected second-quarter loss and said it still sees the economic downturn

Business

Rich resist the recession

The French luxury goods group Hermes says its revenue rose 12 percent in the second quarter It credits consumers’ crisis-proof appetite for its

Business

Tuesday 21st July

European shares finished ahead for the seventh straight session but did trim their gains near the end of trading. The biggest gainers were

World

Asia awaits total solar eclipse

Wars, attacks, protests, disasters. Anything and everything is being predicted as much of Asia counts down the hours to a total solar eclipse. As

World

Biden visits Ukraine and Georgia

America has taken steps to reassure Ukraine and Georgia that pressing the reset button with Russia will not mean abandoning them. Vice-President Joe

Europe

Healthcare abroad

It is five years since the European Health Insurance Card was created. Now more than a third of Europeans – some 180 million people – have them. How