Brown calls Obama to discuss financial crisis, Iraq
London - Britains Prime Minister Gordon Brown spoke with US president-elect Barack Obama on the telephone,Browns offices said late Thursday in London. In the ten-minute conversation, the two leaders discussed the financial meltdown, the deployments...

[ Published on : Thu, 06 Nov 2008 08:39 ]

Britains Brown opens tour of Gulf for financial backing
Riyadh - British Prime Minister Gordon Brown was due in Saudi Arabia later Saturday at the start of a four-day Gulf tour that will also take him to Qatar and the United Arab Emirates. Brown will attempt to win the backing of oil-rich Gulf nations in ...

[ Published on : Sat, 01 Nov 2008 12:36 ]

British economy shrinks sending pound into a nosedive - Summary
London - The British economy has shrunk for the first time in 16 years, the Office for National Statistics said Friday, sending shares and the pound into a tailspin. The release of the figures showing the economy in the European Unions second bigges...

[ Published on : Wed, 29 Oct 2008 06:32 ]

Donald Trump gets go-ahead for luxury golf resort in Scotland
London - US tycoon Donald Trump Monday won a long and acrimonious battle over plans to build a luxury golf course, hotel complex and apartments in Scotland, leaving local residents and environmental groups the disappointed losers. John Swinney, finan...

[ Published on : Mon, 03 Nov 2008 12:38 ]

Brown says higher public borrowing will help Britain beat recession
London - The British government will increase public sector borrowing to speed up economic activity in order to tackle the looming recession, Prime Minister Gordon Brown said Monday. Speaking to a group of academics and industrialists in London, Brow...

[ Published on : Wed, 29 Oct 2008 06:32 ]

Brown urges increase in IMF resources to halt financial contagion
London - British Prime Minister Gordon Brown Tuesday called for an increase in funding of the International Monetary Fund (IMF) to cut the risk of financial contagion and said China and oil-rich Gulf states should make the bulk of the contributions...

[ Published on : Wed, 29 Oct 2008 06:32 ]

Merkel and Brown call for global measures to tackle crisis - Summary
London- Britain and Germany will work together to prevent the spread of the current global financial crisis by seeking a reform of international institutions and encouraging banks to start lending again, Prime Minister Gordon Brown and Chancellor Ang...

[ Published on : Thu, 30 Oct 2008 02:33 ]

BP reports huge profit rise in third quarter of 2008 - Summary
London - British Prime Minister Gordon Brown Tuesday called on energy companies to pass on the fall in oil prices to consumers as anger spread over a mammoth leap in quarterly profits for oil giant British Petroleum (BP). In its biggest-ever quarterl...

[ Published on : Wed, 29 Oct 2008 06:32 ]