Madonna-Guy Ritchie, £60m divorce payment inaccurate

Madonna revealed that £60m divorce payment were misleading and inaccurate.

$2.2bn blow at Morgan Stanley bank

US banking giant Morgan Stanley bank suffered loss of $2.2bn in the forth quarter and cuts its bonus poll by 50%

An Improvement on last years losses of $3.49bn same period

UK: unemployment figures 1.07M in Nov.

The unemployment jumped by 75,700 to 1.07M in nov'08 the, the largest jump in 19 yrs.

OPEC to cut production by 2.2M barrels

OPEC aggred to cut Crude production to a extent of 2.2M barrel per day in order to control the oil prices, but still the could stop the price falling!!

First-time buyers get £100m boost

First time buyers with a combined income of less than £60,000 will receive government boost in the form of 5 year interest free deposit loans so they can get a mortgage for a new build property.

This move could help arround 10,000 first-time buyers.

Inchcape to cut costs and jobs by 1,900

Decline in global car sales and due to finanacial issues, Inchcape is reducing cost by cutting 1,900 jobs.

Premier foods looking for £700M

Premier foods owners are looking for £700M to tackle the credit crunch(debt pile). It owns brands like Hovis Bread and Mr Kipling..

Mr Bush threatened by shoes size 10

A TV journalist threw shoe size 10 in a press conference in Baghdad on Mr. Bush final visit to Iraq.

2,500 jobs risks at Zavvi

Due to collapse of high street retailer Woolworths, distributor for Zavvi, left it with empty selves. Zavvi as called E&Y to become a forced administrator if Zavvi cannot fined £106m it owes EUK in debt - risking 2,500 jobs

India's factory output falls for first time in 13 yrs

For the first time in more than 13 years, India's factory output fallen.

Bank of America to eliminate 35,000 jobs

The acquisition of brokerage firm Merrill Lynch & Co. by Bank of America said late Thursday will leed to 35,000 jobs cuts over the next three years.

US, jobless claims jump to 573,000, a 26-year high

US, jobless claims jump to 573,000, a 26year high, climbed to 4.4M

Egg fined £721,000 for misselling credit card insurance

The FSA has fined Internet bank Egg £721,000 for failings in the way it sold payment protection insurance to its credit card customers and told the firm to pay compensation.

Airlines to lose £1.6bn in 2009

IATA forecasts that Global airlines will be losing £1.6bn in the year 2009 as the global economic downtrun leads to dall in demand for air travell and fewer business/first class occupancies..

5 million for printing wedding pictures

Madonna is suing the Mail on Sunday for £5M because they printed pictures of her wedding to Guy Ritchie. Its 8yrs of the their wedding happened but the newspaper published the photos in October 08.

Sony to cut 8,000 jobs

Sony, the Japanese company plans to cut 5% of its workforce

Around 10% of the company’s 57 manufacturing sites will be closed entirely in the restructuring. And will reduced by 30% on new investment in electronics

Irish Pig Producers Face £85.3 Bill For Pork Recall

Irish pork producers are facing a £85.3 Bill bill to recall all pork products made from pigs slaughtered in Ireland after tests confirmed some meat contained dioxins.

It was revealed that the Pig feed caontained the toxins...

BA to axe 100 plus Gatwick jobs

British Airways is to axe more than 100 jobs at Gatwick and would be reducing 15% of flights by next summer.

Wagon puts 500 British jobs at risk

Car parts maker, Wagon Automotive is set to appoint administrators which would place more than 500 uk jobs at risk as a result of failing to agree a rescue deal with its lenders.

533,000 Jobless in November - US

U.S. payrolls plunged by an astonishing 533,000 in November. This the worst job loss in 34 years. The unemployment rate rose from 6.5% in October to 6.7% which highest jobless rate in 15yrs

3,400 jobs to go in HM and customs offices

Nearly 3,400 job will go due to closure of 90 HM Revenue and Customs office in UK.

Viacom to lay off 850 staff

Viacom connects with our diverse audiences everywhere they are. As a leading global entertainment content company, we know what our viewers want and proudly deliver it across the globe through television, motion pictures and a wide range of digital media. Our family of prominent and respected brands includes the multiplatform properties of MTV Networks, BET Networks, Paramount Pictures and Paramount Home Entertainment.....

Viacom announced cutting 850 jobs i.e., is 7% of work force

Bank of England Cuts Key Rate to 2%

Today, to cushion the blow of an increasingly severe domestic recession, Bank of England reduced the key rate by 1% to 2 percent from 3 percent

Also, The European Central Bank, cut its rate by 75 basis points to 2.50% from 3.25% to help restart economic growth and to ease the financing problems of banks.

Capital One to Acquire Chevy Chase Bank for $520M

Capital One Financial Corporation and Chevy Chase Bank confirmred agreement under which Capital One will acquire Chevy Chase in a cash and stock transaction valued at approximately $520M.

With the addition of Chevy Chase's $11bn in deposits, Capital One is one of the largest retail depository institution headquartered in the Washington, D.C. region will also have the largest branch and ATM network in the area. ..marketwatch

DuPont plans 6,500 worker reduction

DuPont is a science-based products and services company.

Founded in 1802, DuPont puts science to work by creating sustainable solutions essential to a better, safer, healthier life for people everywhere. Operating in more than 70 countries, DuPont offers a wide range of innovative products and services for markets including agriculture, nutrition, electronics, communications, safety and protection, home and construction, transportation and apparel.

DuPont plans 6,500 worker reduction: 2,550 permanent and 4,000 contract workers.

DNA records of 2.3M criminals went missing-UK

Nearly 42% of the DNA records of criminals (2.3M) are missing from the database because they were convicted before 2001 or not have been arrested since.

1,000,000,000 (£1bn) aid to mortgage holder

Gordon Brown proposed a £1bn repossession rescue package for the middle income house owners caught up in the repossion.

People who lost their job, having forced for a lower salary and having mortgage of less than £400,000 will be eligible to take a 2 year payment wave off guaranteed by the government.

Amazon £3 album deal in MP3 war

Amazon is launching its own version of iTunes with the album costing just £3. Songs will be for 59p which is 20p less than on Apple iTunes.

It is backed by SonyBMG, Universal Music, EMI Music and Warner Music.

Belden is to cut 1,800 jobs i.e., 20% of its workforce

Belden is the brand customers count on the most for the best product performance and expert care and advice--whenever and wherever they need to transmit a signal. Belden offers thousands of wire and cable products such as multi-conductor, paired, coaxial, flat and optical fiber cables, plus portable cordage, molded cable assemblies, hook-up and lead wire.....

Belden is to cut 1,800 jobs i.e., 20% of its workforce

Nomura declares cutting 1,000 jobs in London

Nomura, Headquartered in London, and with offices in all major financial centers across Europe, we work closely with our Asian and American networks, as well as with Tokyo, to provide clients with solutions to their financing needs.

Nomura declares cutting 1,000 jobs in London

Glaxo cuts further 200 UK manufacturing jobs

World's second biggest drugmaker GlaxoSmithKline, is cutting a further 200 jobs at a factory in north-east England that makes its anti-nausea drug Zofran.

450 jobs threatened at SW aluminium firm

Novelis, a global manufacturer of aluminium products plans to cut its work force by 450 B at South Wales firm.

American Capital cuts 110 employees

One of the largest US publicly traded alternative asset managers American Capital, cuts 110 employees joining with the other companies to tackle the wind for credit crunch.

The company will close 2 of its 13 offices in the America, Europe and Asia.

Should India play cricket in Pakistan?

Should India play cricket in Pakistan 2009?

Aren’t the Bombay attacks not enough to say no for any kind of relation with neighboring Country P...please post opinions..

There shouldn’t be anymore cricket between the countries.

Aer Lingus rejects new €738m offer from Ryanair

Budget airline Ryanair made a €738m (£645m) cash offer for Irish rival Aer Lingus yesterday.
Earlier 18 months ago made €1.5bn bid which was rejected by the European Commission on competition grounds.

Ason Martin announced laying off 300 workers

Aston Martin announced laying off 300 workers. Turn to tackle the downturn in the manufacturing industry...

An Aston Martin combines three important elements: power, beauty and soul. Aston Martins are truly special - they always have been and always will be.more..

Credit Suisse sheds 650 jobs

Credit Suisse Group is one of the world-leading financial services companies which involve advising clients in all aspects of finance, around the world, around the clock.

Credit Suisse announced on Monday of its plans of shedding 650 jobs in the company.

HSBC cuts further 500 jobs

HSBC cuts further 500 jobs excusing due to current economic conditions.

Nakheel cuts 500 jobs

People losing there jobs in Britain (world) move to Middle East for the job prospects. But the wave of credit crunt has hit that corner of the world as well...

Dubai government based Nakheel developer have announced to shed 500 jobs and many more will go as well as the real estate business in Dubai is baldy affected. It’s very difficult to get investors at this moment for their villas.

100,000 manufacturing UK jobs on the Edge

Nearlly 100,000 manufacturing jobs are on the risk due to global turmoil. Analyst believes further 1% reduction in interest rates to cussion the downturn in the industry.

Virgin offers 30p per day mobile internet tariff

Mobile Operator Virgin Mobile is introducing an all-you-can-eat internet access tariff at 30p per day.

The new rates take effect from 8 December, and both contract and pre-pay customers can make the use of the benifit wich would be 3x cheaper than its rival service providers..

Country P wants 2009 cricket tour not to be affected

Country P wants 2009 cricket tour not to be affected...India is to play 5 ODI's and 2 test in Country P in 2009...

There is no way India should go ahead with the Cricket in Country P. India should minimize....should stop relation with that country that is responsible and involved in spreading terrorisms in the countries(world), giving sheltor to terorists, training camps and what not....

Still Country P denies the facts ...comeon guys we know Country P won't keep its words...(Country Problem)

Final figures: 174 died and 294 injured in 26/11 attacts in Mumbai

174 died and 294 injured in mumbai 26/11 attacks.

--Home minister of India - Shivraj Patil resigned.......is that gonna bring back lives?

--Vilasrao Deshmukh says he will resign if the high command's wants.....what the fughe(_ _ _ _ k)!!!! easy way to escape from responsibility and avoiding getting blame!!!!

--Took 8 and 1/2 hours for the forces to reach from Delhi to Mumbai.......any early possibility? might have saved more lives....or still its the same as earlier "INDIAN STANDARD TIME"?

--Paskistan again turning back...Earlier aggreed to send their ISA cheif to India for discussion as India had proofs that the attackers were from a group in Pakistan, now they are not sending him and some juniour is sent to India for discussion.. again its country P that does't stick to its words....

--India is thinking to stop exchange its trades/commodities with P.....well do it now!!!!!!! not to waste time thinking

--Pakistani national - Azam Amir Kasab 21, claimed the terror strikes, which left nearly 200 dead, were intended to kill as many as 5,000 people and that he and his fellow militants were ordered to target whites – especially Britons and Americans......accepting the blames still Country P denies for the allegation made by Indian Government...