Business

UK Today News: Default Retirement Age Likely To Come To An End In U.K. There are plans in the process to get rid of the default retirement age of the service class people in the United Kingdom. Reports say that...

UK Today News: Stress Test For Banks In Europe Allows Wall Street to Relax Stress Test For Banks In Europe - There has been acute buy back of stocks, and this time it has happened in European banks. Europe's regulators had...

UK Today News: General Motors (GM) To Acquire Finance Company AmeriCredit Corp For $3.5 Billion American vehicle giant, General Motors (GM), has announced that it will be acquiring finance company AmeriCredit Co-operation, for a whooping $3.5 Billion hard cash. This...

UK Today News: Claims For Jobless Benefits See A Rise In The U.S. Over Last Week There has been a sharp rise in claims for jobless benefits as compared to last week, a reflection that the U.S. Labor market is...

UK Today News: New Cap On Gulf Oil Well Is Under Strict Scrutiny BP officials have started tests on their newly fitted containment cap on the leaking oil well in the Gulf of Mexico. The monitoring of the new cap...

The American insurance giant, AIG, has reportedly agreed to pay $725 million to settle an ongoing case of fraud against it. This settlement has been agreed by AIG, and is likely to be the biggest settlement amount in insurance...

UK Today News: BP Finally Manages To Stop Oil Leak In The Gulf Of Mexico BP officially confirmed that it has finally choked to oil flow, by placing the new cap, on the leaking well. There is no oil spewing...