Latest Stories

Latest reporting

British Airways issues profits warning

The United Kingdom's flag carrier airline, British Airways (BA) has warned the markets that it will post a full year loss of up to £150

Conficker computer worm infections soar

New reports indicate that the proliferation of the Conficker computer worm (also known as Kido or Downadup) has nearly quadrupled in the last four days. The worm has gone from just over 2 million Microsoft Windows…

Royal Bank of Scotland shares plummet

The Royal Bank of Scotland (RBS) has lost around 70% of its share price in a matter of hours, after news reports indicated a GBP 28 billion loss for 2008, and the UK government pledged to increase its stake in the…

China targets Google, Baidu and Internet portals over porn

A blacklist of 19 leading search engine portals and websites, including Google and Baidu, that "spread pornography or vulgar content, and threaten the morals of young people" has been published, the Chinese government…

Mexican billionaire denies buying Honda Formula One team

Following recent news that Honda had withdrawn from Formula One in 2009, initial rumours that Mexican billionaire Carlos Slim has rescued the team appear to be false. Foxsports quotes a Telmex release as saying "The…

Global stock markets plunge

Stock markets around the world have fallen dramatically today. This is following the ongoing events in the financial world and related statements by several United Kingdom politicians, including Prime Minister Gordon…

'Mobile phone dermatitis' linked to nickel deposits

The British Association of Dermatologists (BAD) has released a report saying that an illness they named 'mobile phone dermatitis', in which individuals owning a cell phone have developed a rash on the side of their…

More worries of further contamination of food from China

The World Health Organization (WHO) is warning that more food imported from China may be contaminated with melamine, a chemical used in the manufacturing of plastics. Melamine, although nontoxic in very small amounts,…

Shares worldwide surge due to US government plan

Stock markets around the world, particularly those in the United Kingdom, have increased dramatically today. This is due to the ongoing events in the financial world, including the United States government's…