Facebook Loses Friends As It Blabs On Shoppers
Facebook, the social network under pressure to convert clicks into cash, has angered its users by publicising details of their shopping habits without their permission....
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If Only The Dollar Were Stronger
The decline of the dollar has affected American retirees living overseas and those considering a move abroad are having second thoughts....
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Gordon Bradley, Who Nurtured U.S. Soccer, Dies At 74
Mr. Bradley, a native of England, was a pioneering figure in American soccer and the first to sign with the New York Cosmos, as a player and as a coach....
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Pepsi Bottling Posts Higher Net, Raises Outlook
NEW YORK (Reuters) - Pepsi Bottling Group Inc. reported higher-than-expected profit on Tuesday, helped by cost controls and price increases, and raised its full-year forecast, sending its shares up m...
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U.S. Forces Fire Missiles Into Somalia At A Kenyan
American naval forces fired missiles into southern Somalia on Monday, aiming at what the Defense Department called terrorist targets....
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Business News

Merlin Entertainments tops up list of London attractions with aquarium...
2008-05-04 05:25 - Merlin Entertainments, the visitor attractions operator behind Madame Tussauds and the London Dungeon, has acquired the London Aquarium in County Hall from the Japanese owners of the former Greater London Council headquarters.

Sharp rise in number of companies seeking protection
2008-05-04 05:25 - The number of companies going into administration in England and Wales rose by more than a fifth in the first three months of this year while those going bankrupt leapt 25 per cent, government figures show.

Barclays executive quits amid top level tensions
2008-05-03 06:01 - Paul Idzik, Barclays’s chief operating officer, will announce his departure from Britain’s third-largest bank today. He is not expected to be replaced.

Home Depot to close 15 stores and lay off 1,300
2008-05-03 06:01 - Home Depot announced the closure of 15 superstores and scrapped plans to open 50 others as the world’s biggest do-it-yourself retailer sought to prop up its profits amid the US housing crisis.

Probe into Buffett credit agency holding
2008-05-03 06:01 - Warren Buffett’s Berkshire Hathaway investment vehicle is being investigated over a potential conflict of interest between its part-ownership of the Moody’s credit ratings agency and his newly formed local government bond insurer.

Apple to sell new-release films on iTunes
2008-05-03 06:01 - Apple has announced a new service that will allow customers to download films from the iTunes website on the same day they are released on DVD.

Northern Rock starts talks to cut one third of staff
2008-05-03 06:01 - Northern Rock, the recently nationalised mortgage lender, today confirmed plans to lay-off nearly a third of its staff, with the majority of job cuts expected this year.

Microsoft set to raise Yahoo! bid to $46.2bn$
2008-05-03 06:01 - Microsoft, the world’s largest software maker, is said to be willing to raise its offer for Yahoo!, the struggling internet portal, in an attempt to appease Yahoo! shareholders and break the stalemate between the companies.

Federal Reserve unveils quarter-point reduction in interest rates
2008-05-03 06:01 - The Federal Reserve cut US interest rates by a quarter-point last night, to only 2 per cent, the lowest since December 2004, as it pursued its drive to limit America’s economic downturn.

Exxon Mobil disappoints with $10.9bn profit$
2008-05-03 06:01 - Exxon Mobil, the world’s largest oil company, disappointed its investors today by announcing profits that fell short of expectations, despite fuel prices reaching record highs.

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