LONDON - Temperatures are set to plummet to well below zero in parts of northern England and Scotland over the coming two days with freezing weather following a weekend of flooding and storms. Forecasters warned night-time temperatures could fall a
Money market rates have fallen dramatically during the summer amid signs of a revival in bank lending, which is critical for a recovery in the world economy.Lending rates over three months, the market benchmark, have plummeted since the official sta
First-half profits at Anglo American fell 68 per cent, but British mining group fixed investors’ eyes on the promise of its assets in South America and said it was on track to save billions through cost cutting and other efficiencies by 2011.Anglo m
Shares in CIT, the embattled US small-business lender,plunged more than 70 per cent on Thursday after the failure of government bail-out talks prompted growing fears of a bankruptcy filing.If the group were to file for Chapter 11 protection, it woul
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