Oct 25, 2012 Ford has announced the closure of its last vehicle manufacturing plant in the UK. The company is reportedly shutting down a van factory and shifting production to Turkey.
May 30, 2012 The European Commission has recommended today that banks in the eurozone create a union to help regulate and bolster failing banks.
May 30, 2012 The European Commission recommended today that Europe bring its banking system into closer union, so that stronger parts of the EU can help out weaker links without disrupting individual governments.
Apr 26, 2012 The Federal Reserve has upgraded its forecast for the U.S. economy in 2012 but also downgraded its outlooks for 2013 and 2014. There are worries the U.S. could fall back into recession just like the U.K. did.
Apr 24, 2012 In the U.K., meat theft is on the rise and it's not just hungry individuals -- we're talking fully-fledged organized crime gangs. And it doesn't stop at supermarket meat either.
Nov 15, 2011 The big credit ratings agencies -- S&P, Moody's -- faced enormous criticism in the United States for their role in the housing crisis. In Europe, many countries now say those same firms are feeding the debt crisis. So European regulators are pushing back.
Jan 6, 2011 A series of cost cutting tactics and management failures by BP and other companies, including Halliburton, are to blame for the Gulf oil spill...