British construction output data for the third quarter has been revised up massively and could add 0.2 percentage points to the last published Q3 GDP estimate, the Office for National Statistics (ONS) said on Friday. The revision will push the Q3 GDP figure close to parity and will be a boost for the Labour government
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New car sales in Britain leapt an annual 57.6 percent in November, their biggest rise this year as buyers took advantage of a government incentive scheme and a temporary cut in sales tax. The Society of Motor Manufacturers and Traders said the scrappage scheme accounted for more than a fifth of last month's 158,082 sales.
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World stocks slipped slightly and the dollar was steady on Friday as investors waited for U.S. jobs data, the latest signal about how far the U.S. economy is recovering. Markets were also digesting the impact of the European Central Bank's decision to start withdrawing stimulus measures put in place to combat the financial crisis. The
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Oil turned positive and rose above $77 on Friday as closely watched U.S. data showed the smallest job loss figure since December 2007. U.S. crude futures rose 65 cents to $77.09 at 1411 GMT, reversing an early drop to as low as $75.57. Brent crude rose 79 cents to $79.15. U.S. employers cut 11,000 jobs
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Teenagers who are addicted to the Internet are more likely to engage in self-harm behavior, according to an Australian-Chinese study. Researchers surveyed 1,618 adolescents aged 13 to 18 from China's Guangdong Province about behavior such as hitting themselves, pulling their own hair, or pinching or burning themselves, and gave them a test to gauge Internet
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Yahoo Inc expects "exponential" growth in mobile advertising even as the overall market is only starting to emerge from its deep downturn, a top executive of the Internet media company said on Thursday. Yahoo's mobile advertising business, while small, has seen substantial growth, and the company is focused on boosting the number of mobile users
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OPEC is expected to hold output steady when it meets in Luanda at the end of this month, rounding off a year of stable production policy and of robust oil prices. Oil inventories are brimming and any recovery in demand is expected to be slow, but international benchmark U.S. crude futures have more than doubled
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Coca-Cola Co said on Thursday that it will eliminate a major greenhouse gas in its new vending machines and coolers, raising the bar for climate friendly refrigeration in the food and beverage industry. Coke's Chief Executive Muhtar Kent said that the company, which sells everything from soda and juice drinks to water, will replace hydrofluorocarbon,
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Whether your ideal Christmas is about snow and magical lights or a beach and a seasonal cocktail, travel website travelandleisure.com has come up with a list of 10 of the best places to spend Christmas. This list was compiled by editors at travelandleisure (http://www.travelandleisure.com). It is not endorsed by Reuters: 1. Taos, New Mexico, United
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The National Council, top advisory body to the President of Cyprus, convenes Friday morning, under President of the Republic of Cyprus Demetris Christofias, to discuss Turkey’s EU accession progress and its assessment by the European Council in December. According to the communique issued after the previous meeting, which was held November 24th and lasted four
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