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S&P cut Italy's government debt rating from A+/A-1+ to A/A-1 and said country's economic growth prospects were getting weaker, with planned reforms by the government not expected to help much

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Standard and Poor's dropped Italy's credit rating from A+ to A, with the ratings agency keeping the country's outlook on negative in a surprise move...

Legal battle rages between Apple and Samsung over alleged similarities between their touchscreen smartphones and handsets

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Samsung sources revealed this week that the company was considering legal action to ban Apple's upcoming iPhone 5 in Europe, after one of its executives admitted...

Kweku Adoboli is charged with $2.3 billion fraud at Swiss banking giant UBS

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Swiss banking giant UBS has admitted that the losses allegedly racked up by “rogue trader” Kweku Adoboli has risen from $2 billion to $2.3...

Barack Obama unveils the plan to reduce the massive US deficit by about $3.6 trillion over the next 10 years

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President Barack Obama will unveil plans on Monday to reduce the massive US deficit by about $3.6 trillion over the next 10 years, with...

DSK was interviewed on French TV channel TF1 by veteran presenter Claire Chazal

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DSK, the former IMF chief gave his first interview since New York arrest on Sunday evening and described his sexual encounter with a Sofitel...

Silvio Berlusconi, the 74 year-old Italian Prime Minister has boasted of sleeping with eight women in one night

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Silvio Berlusconi, the 74 year-old Italian Prime Minister has boasted of sleeping with eight women in one night. Silvio Berlusconi made the claim in a...

Alexander Lebedev claimed that he’d had to “neutralize” Sergei Polonsky because he feared he was going to be hit first

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Alexander Lebedev, the Russian mogul unleashed a flurry of punches on oligarch Sergei Polonsky during a TV debate on the global economic crisis. Alexander Lebedev...

Kweku Adoboli enjoyed parties and the company of attractive women

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Kweku Adoboli, the suspected rogue trader accused of a staggering $2 billion fraud told friends he needed “a miracle” days before he was arrested. Kweku...

FDA recalls Jansen Farms cantaloupe

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Listeriosis Outbreak: Jensen Farms Recalls Cantaloupe Due to Possible Health Risk.   The FDA announced a recall today for cantaloupes from Jensen Farms, after the Colorado...

Cantaloupe recall due to possible health risk

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Listeriosis outbreak: FDA recalls Jensen Farms cantaloupe.   Jensen Farms Recalls Cantaloupe Due to Possible Health Risk. Press release. Contact Consumer, 800-267-4561, recall@rfordcantaloupe.com FOR IMMEDIATE RELEASE - September...

Kweku Adoboli, the rogue trader arrested in London for $2 bn UBS losses (Facebook image)

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UBS rogue trader arrested in London for $2 bn losses.   Kweku Adoboli is the suspected rogue trader who was arrested in London at early hours...

London police have arrested a man in connection with allegations of unauthorized trading which has cost Swiss banking group UBS an estimated $2 billion

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Kweku Adoboli, the rogue trader arrested in London for $2 bn UBS losses.   London police have arrested a man in connection with allegations of unauthorized...

The explosive Joe McGinness’ book could halt Sarah Palin's 2012 bid before it has started

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Sarah Palin took cocaine while snowmobiling with friends and had illicit affairs with the NBA star Glen Rice and one of her husband's business...

Silvio Berlusconi is accused of making insulting comments about Angela Merkel during a telephone conversation with a newspaper editor

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Silvio Berlusconi is at the centre of a new controversy after claims emerged he had insulted Germany's Chancellor Angela Merkel. Silvio Berlusconi, the 74 year-old...

Jacqueline Kennedy talked about her disgust towards Martin Luther King

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Jacqueline Kennedy’s voice on the tapes released yesterday is breathy and girlish, often using childishly simple vocabulary, but the sentiments expressed are withering. Recorded in...

ABC News airs "Jacqueline Kennedy: In Her Own Words" in a two-hour special reported by Diane Sawyer

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Jacqueline Kennedy’s interviews. About Martin Luther King, Charles de Gaulle, Indira Ghandi and more.   Jackie Kennedy’s interviews to be released on September 13.   JFK assassination: mystery...

DSK is suing Tristane Banon for defamation, alleging she made up the "imaginary" assault as a publicity stunt

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DSK is back to France.   DSK freed to return to France.   DSK spent more than three hours in a police interview as a "witness" just over...

William H. Millard was one of the world’s most-wanted tax exiles and totalled unpaid tax bills of more than $100 million for over 20 years

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William H. Millard , former ComputerLand CEO was one of the world’s most-wanted tax exiles and allegedly totalled astonishing unpaid tax bills of more...

Stella Artois Cidre, the "explosive" bottle

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Stella Artois recalls three batches of its new cider drink after several customers reported the bottles were exploding in their hands. Customers have been urged...

Jackie Kennedy secret recordings will be revealed this month on the 50th anniversary of JFK's first year in office

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Jacqueline Kennedy’s interviews. About Martin Luther King, Charles de Gaulle, Indira Ghandi and more.   “Jacqueline Kennedy: In Her Own Words” on ABC News tonight.   JFK assassination:...

Muammar Gaddafi Interpol Arrest

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According to local sources, General Ali Kana - A senior general in Libyan ex-leader Col Muammar Gaddafi's forces - has fled to Niger.   The prosecutor...

Barack Obama

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President Barack Obama asked the Congress on Thursday night to leave aside the political benefit, think about how many Americans would benefit from the...

Yahoo CEO Carol Bartz posted her first official blog post today.

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Yahoo CEO Carol Bartz has been fired from her position after the ailing internet company lost further ground to main rival Google. Carol Bartz, 63,...

Queen Marie-José and Benito Mussolini

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A letter from Benito Mussolini’s son emerged this week claiming dictator had an affair with Marie-José, wife of heir to the Italy’s throne. Not so...

DSK and his wife, Anne Sinclair, arrived at Charles de Gaulle airport. (Reuters)

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DSK under police investigation in France.   DSK freed to return to France.   Dominique Strauss-Kahn, the former IMF chief has arrived in Paris from New York. Dominique Strauss-Kahn...