Man jailed for 18 years for role in one of Britain's biggest cash robberiesOctober 5th, 2009 Man jailed for one of UK's biggest cash robberiesLONDON — A British man has been sentenced to 18 years in prison for his role in a robbery nearly three years ago of 53 million pounds (about $85 million). Paul Allen's sentence was handed down Monday at a London court.
The Sun ditches Labour after 12 years of supportSeptember 30th, 2009 LONDON - Britains most popular tabloid newspaper Wednesday said it was backing the opposition Conservative Party at the next election, but Prime Minister Gordon Brown insisted that it was the "people that decide elections. The newspaper, part of the News Corporation media empire owned by Rupert Murdoch, declared on its front page: "Labour's Lost It".
British unemployment reaches 2.47 mnSeptember 16th, 2009 LONDON - The number of people out of work in Britain has risen to a 14-year-high to hit 2.47 million, the Office for National Statistics said Wednesday. Joblessness increased by 210,000 to 2.47 million in the three months to July, taking the rate of unemployment to 7.9 percent.
US cranberry production projected to fall in 2009, even as demand risesAugust 18th, 2009 US cranberry production projected to fall in 2009BOSTON — The nation's cranberry production is projected to drop by 10 percent this year, even as worldwide demand for the berry rises. The U.S. Department of Agriculture's annual report on cranberries, released Tuesday, estimated a crop of 7.09 million barrels in 2009, compared to 7.87 million in 2008.
Robbers take $65 million from London diamond store, reportedly Britain's biggest jewel heistAugust 11th, 2009 Thieves take $65 million from London jewelry storeLONDON — Thieves have taken $65 million worth of jewels and watches from a shop on London's Bond Street in what local media are calling Britain's biggest jewelry heist. Police say two well-dressed men walked into Graff Diamonds' flagship store on Thursday and threatened staff with handguns before making off with 43 pieces of jewelry including rings, bracelets, necklaces and watches.
Deutsche Telekom's second-quarter profit rises 32 percent to $751 millionAugust 6th, 2009 Deutsche Telekom's 2Q profit rises 32 percentBERLIN — Germany's Deutsche Telekom AG said Thursday that its second-quarter profit rose 32 percent and the company confirmed its outlook for the rest of the year. The Bonn-based company earned euro521 million ($750.7 million) in the April-June period compared with euro394 million a year earlier.
UK unemployment rises by 281,000 to 2.38 million; rate up from 7.2 pct to 7.6 pctJuly 15th, 2009 UK unemployment rate rises to 7.6 pctLONDON — Britain's unemployment rate increased to 7.6 percent as the country's steep recession raised the number of people out of work to 2.38 million in the March-May quarter, official data showed Wednesday. The unemployment rate was up from 7.2 percent in the three months to April, and the number of unemployed rose by a record 281,000, the Office for National Statistics said.
White House: Country to reach double-digit unemployment within monthsJune 22nd, 2009 White House: 10 percent unemployment within monthsWASHINGTON — The White House says double-digit unemployment is coming sooner than previously acknowledged. White House spokesman Robert Gibbs says the president expects the nation will reach 10 percent unemployment within the next few months.
UK unemployment rate rises to 7.2 percent in February-April quarterJune 17th, 2009 UK unemployment rate rises to 7.2 percentLONDON — Unemployment in the United Kingdom rose to 7.2 percent in the three months ending in April, official figures showed Wednesday, as the recession pushed the number of people out of work to a 12-year high. The rate compared to unemployment of 6.5 percent in the previous three-month period, the Office for National Statistics said.
EU frees euro19 billion to combat unemployment that is at highest level in decadeJune 3rd, 2009 EU provides euro19 billion to fight unemploymentBRUSSELS — The European Commission is making available euro19 billion ($27 billion) for EU governments to help combat unemployment in 2009 and 2010. It says governments can use the money to combat joblessness, create jobs or retrain workers.
Unemployment continues to surge in European Union, euro-zoneJune 2nd, 2009 European unemployment continues to surgeBRUSSELS — The jobless rate in the 16 nations that use the euro surged to 9.2 percent in April, the highest level in almost a decade, the EU statistics office says. The euro-zone jobless rate has reached its highest level since Sep.
Unemployment in Britain rises to over two millionMarch 19th, 2009 LONDON - Unemployment in Britain passed the two-million mark in the three months to the end of January, reaching its highest level since 1997, official figures showed Wednesday. The jobless total reached 2.03 million, pushing the unemployment rate up to 6.5 percent, the Office for National Statistics (ONS) said.
Unemployment in Britain at 10-year highFebruary 10th, 2009 LONDON - The unemployment total in Britain rose to 1.97 million in December, reaching its highest level in 10 years, official figures showed Wednesday. The unemployment rate stood at 6.3 percent.
Tens of millions to lose jobs in 2009: ILOJanuary 27th, 2009 BANGKOK/GENEVA - Global unemployment would increase by 18 million to 51 million people this year from 2007 figures, depending on the extent and length of the economic crisis, the International Labour Organisation (ILO) predicted Wednesday. 'We are now facing a global jobs crisis,' the UN organization's director general Juan Somavia said in Geneva.
US unemployment rises to 7.2 percentJanuary 9th, 2009 WASHINGTON - The US unemployment rate rose to 7.2 percent in December 2008, from 6.8 percent in November, with 'large and widespread' job losses 'across most major industry sectors', officials said Friday. The unravelling financial crisis has put an added 632,000 people out of work, raising the total number of US unemployed to 11.1 million.
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