UK jobless figures surge past 1 million

The number of Britons out of work and claiming benefit rose for a tenth consecutive month in November and by the largest amount since March 1991, official data showed on Wednesday. The

UK claimant count jobless surges

The number of Britons out of work and claiming benefit rose for a 10th consecutive month in November and by the largest amount since March 1991, official data showed on Wednesday. The

Auto rescue being worked on quickly: Paulson

A government bailout for automakers was being assembled as quickly and carefully as possible, Treasury Secretary Henry Paulson said on Tuesday as a new ratings report showed that bankruptcy was the most

Mobile phone market to shrink in 2009

Mobile phone sales will shrink next year at their fastest pace ever as consumers cut spending, a Reuters poll showed, with analysts increasingly concerned about unsold phones piling up in stores. On

Cyprus Minister of Justice resigns

Kypros Chrysostomides, Cyprus Minister of Justice and Public Order, resigned today. President Demetris Christofias accepted his resignation. Chrysostomides’s resignation comes in the wake of last week’s escape, from a private hospital, of