Nissan Reveals Solar Powered Charging System for Leaf

July 13, 2011

Nissan Motor Company has recently announced that it is developing a new charging system that will be used for the Leaf, its electric vehicle. The system will get its electricity from solar power, which will be stored in separate, ...

Sales at WH Smith Fall 4%

July 8, 2011

British-based retailer WH Smith, which sells books, stationery and newspapers, has announced that its strategy of cutting costs and improving gross margins rather than drive top-line sales has paid off - in spite of the difficult market, which is unlikely ...

Cameron Calls for Tabloid Phone Hacking Inquiry

July 7, 2011

David Cameron, the British prime minister, has vowed that an inquiry will be conducted into the phone hacking at newspaper News of the World, as well as into why police didn't investigate it. This comes as more allegations were ...

IMF Reports Major Security Breach by Hackers

June 13, 2011

It's been revealed by the International Monetary Fund (IMF) that it has been hit with a serious cyber attack. Some systems were compromised and used to get internal data during the attack. Cyber security expert Tom Kellerman, who ...

Sainsbury’s Launches Rival to Tesco Car Insurance

June 8, 2011

Sainsbury's, the third biggest supermarket chain in the UK, relaunched its car insurance business on Monday to directly compete with Tesco. This has intensified the war in gaining customers on the High Street. The relaunching of the car insurance business ...

Tesco Cuts Executive Pay Targets

June 1, 2011

Tesco is cutting the base salary target for its chief executive by 23%, while doing away with its share-option program for executive board members. This comes as the company's directors push to address shareholder complaints, which has slammed the ...

IMF Board to Discuss New Chief while Strauss-Kahn gets Bail

May 20, 2011

International Monetary Fund (IMF) acting managing director John Lipsky said on Thursday that the executive board's 24 members were due to meet later that day to start the process of choosing a new leader. They want this to happen ...

Inflation Hits 4.5% in April due to UK Holidays

May 18, 2011

UK inflation hit the highest rate seen in 2-and-a-half years last month, according to figures from the Office for National Statistics (ONS). This prompted Mervyn King, the governor of the Bank of England, to write to Chancellor George Osborne ...

IMF Chief Strauss-Kahn Denied Bail in Sexual Assault Case

May 17, 2011

A New York court has remanded Dominique Strauss-Kahn, the managing director of the International Monetary Fund (IMF), in custody on sexual assault charges. His arrest on Saturday follows an alleged rape complaint from a hotel maid. The alleged assault is ...

2 Billion Watch Royal Wedding on TV and Internet

May 2, 2011

The Royal Wedding on Friday is estimated to have been watched by a total of 2.4 billion people around the world - 2 billion via television and 400 million via the internet - according to various reports. There were ...