Russian billionaire Alexander Lebedev is to make the London Evening Standard a free newspaper later this month, after more than 180 years as a paid-for title. Lebedev bought a controlling stake in the loss making newspaper last January for a nominal sum of £1 after almost a year of secret negotiations with Lord Rothermere's Daily Mail & General Trust.
International Monetary Fund Managing Director Dominique Strauss-Kahn is confident that the fund will resume a normal relationship with Argentina soon, he said on Friday.
Britain’s Serious Fraud Office has demanded that defence giant BAE Systems faces prosecution over bribery allegations. The SFO will ask the Attorney General Baroness Scotland to pursue corruption claims that BAE paid out millions of pounds to win contracts overseas.
Success in the struggle against the Taliban cannot be taken for granted and time is running out, the commander of the international forces in Afghanistan has warned. US General Stanley McChrystal said the situation in the country was serious - and in some respects deteriorating - with increasing violence and a growing insurgency.
Less than two weeks after the start of a European dairy farmers’ strike, Sweden’s agriculture minister said that he would meet with other European agriculture ministers in Luxembourg on 5 October to discuss the ongoing milk crisis.
The European Union wants closer links with Latinamerica and the Caribbean and will attempt in the near future to conclude the several pending agreements with different countries from the region, announced in Brussels Benita Ferrero-Waldner Commissioner responsible for External Relations and European Neighbourhood Policy.
The European Union and Mercosur have suspended negotiations for an association agreement, basically on trade issues, admitted Geoffrey Barrett head of the European Commission delegation for Uruguay and Paraguay.
The US government has relaxed its control over how the internet is run. It has signed a four-page affirmation of commitments with the net regulator Icann, giving the body autonomy for the first time.
Britain's five biggest banks have signed up to new internationally-agreed curbs on bonuses, it has been announced. Chancellor Alistair Darling welcomed the decision by the banks to accept the principles agreed last week at the G20 summit in Pittsburgh.
Graham Watson, South West England and Gibraltar’s Liberal Democrat Member of the European Parliament vowed to hold Britain to account over the Gibraltar waters controversy with Spain, reports the Gibraltar Chronicle.