CNBC's Seema Mody reports from London where the Alibaba roadshow is kicking off days before the company comes public in the U.S.» Read More
The Wimbledon Championships at the All England Club, the most famous of all of tennis' grand slam events, had already marked some notable "firsts" before finals.
A 30-second snippet of Michael Jackson rehearsing two days before his death was released Thursday, part of more than 100 hours of footage that could be turned into live albums, a movie and a pay-per-view special, the promoter said.
As far as stock prices go, supermarkets are still feeling the recession pain — especially in the US. But for some of them, the crisis has been a unique opportunity to woo customers into a relationship that they hope will become permanent.
Britain's Serious Fraud Office (SFO) froze over $100 million of assets linked to Allen Stanford, the US financier accused of a massive fraud.
Maintaining a monarchy is costly, as Britain found out when a newly published account revealed that Queen Elizabeth II will be out of pocket by 2012 unless the government boosts funds for the Royal household for the first time in 20 years.
While workers in the rest of Europe are accepting to work four day weeks or part-time, or take periods of semi-paid leave, employees in Britain have been working six-day weeks to keep their jobs, according to a survey out Tuesday.
Lloyds Banking Group said Tuesday that it expects to cut nearly 1,800 jobs in its group operations and wholesale divisions over the next three years as it consolidates the merger of Lloyds TSB and Halifax/Bank of Scotland.
Shares in British Airways, which struck a deal with thousands of workers to either work for free for a month or accept pay cuts and unpaid leave to pull the flag carrier, shot up nearly 3 percent in London Friday.
Miners and train and bus company Stagecoach Group were big gainers on the London Stock Exchange in morning trading Wednesday.
Taste is a platform for cost-conscious consumers to get a chance to taste the wares of Michelin-starred chefs for a fraction of the price.
The UK business services sector will lose more than half of the jobs it gained during the last five years by 2013, a report by the Centre for Economics and Business Research showed Monday.
Gold is the safest asset to buy in these times as, despite reassurance from central banks, inflation is likely to crop up again next year or in 2011, Philip Manduca, investment manager at ECU Group, told CNBC Thursday.
Britain's Olympic athletes, already hit by cost cuts last year, could face another round if the government changes hands.
A British union says thousands of postal workers will strike next week in a dispute over jobs and services.
Underground transportation strikes that are taking place in the UK Wednesday and Thursday could cost the nation £110 million ($180 million).
British industrial output rose unexpectedly in April and for the first time in more than a year, official data showed on Wednesday, raising the prospect that the economy could exit ecession as early as this quarter.
European banks still have upside potential despite the recent rally, as the worst is over for the continent's financial institutions, analysts at financial services investment bank KBW, who upgraded the European banking sector to 'Overweight', said Monday.
The burgeoning British scandal over the misuse of government expense accounts is claiming its first major victims and setting the stage for a major shake-up in the country's leadership.
With public debt swelling and the British taxpayer having to foot the bill for once-almighty banks such as the Royal Bank of Scotland or Lloyds, the 2012 London Olympic Games are posing a considerable challenge to a city that celebrated wildly in 2005 when it trumped Paris's bid to host the prestigious sports event.
Fears about a downgrade of the US credit rating are premature, but not entirely unwarranted after Britain's outlook was cut to negative, analysts told CNBC.