Chancellor Alistair Darling signalled today that the Government and Bank of England were ready to intervene if more banks hit financial trouble following an emergency loan to Northern Rock.
PADANG BAKUNG, Indonesia, Sept 14 (Reuters) - Frightened residents on Indonesia's Sumatra island huddled in tents outside their damaged homes on Friday, traumatised by the latest of more than 40 aftershocks since a huge earthquake struck two days ago.
Former Federal Reserve Chairman Alan Greenspan admits he "didn't really get it" that the subprime lending trend was significant enough to hurt the economy until very late 2005, but still defends his lowering of interest rates from 2001 until 2004 that critics say caused the crisis in the first place.
TOKYO (Reuters) - Japan launched its first lunar probe on Friday, nicknamed Kaguya after a fairy-tale princess, in the latest move in a new race with China, India and the United States to explore the moon.
President Nicolas Sarkozy has said France is keen to rejoin NATO's military command structure which Charles de Gaulle boycotted 41 years ago
An American television evangelist has turned the tables on al-Qaida terrorist leader Osama bin Laden ? sending him a video message warning him to repent of his sins and convert to Christianity.
Farmers in Wales have welcomed the easing of restrictions on livestock movements which were put in place after the latest foot-and-mouth outbreak
Shares in one of the UK's largest mortgage lenders, Northern Rock, have fallen by 24% after the Bank of England decided to offer it emergency funding.
A powerful earthquake has struck off the western Indonesian island of Sumatra, triggering a tsunami alert.
A suspected case of foot-and-mouth disease has been discovered in the same county as the UK's last outbreak.
The way fresh water is supplied to disaster-hit regions could be revolutionised after an Ipswich-based businessman invented a £190 bottle that makes foul-smelling water drinkable in seconds.
They are using post codes, cross-referenced with census data, marketing information, utility bills, and store cards to determine insurance premiums, where to locate shops, how to target a marketing campaign, and where we are placed in call centre queues.
A generation of children have never visited the countryside and believe their food originates at the supermarket, according to new research.
MOSCOW (Reuters) - Russia has tested the world's most powerful vacuum bomb, which unleashes a destructive shockwave with the power of a nuclear blast, the military said on Tuesday, dubbing it the "father of all bombs".
Madonna also targeted by jihad leaders who warn of 'spreading satanic culture'