1 million homes repossessed in 2010

Foreclosures were at a record high in 2010, and more than 1 million people lost their homes, even as notices started leveling off during the end year. In total, there were nearly 2.9 million foreclosure notices filed during the year, according to…

China sees trade surplus narrow as imports rise

China's trade surplus shrank to an eight month low in December, official figures show. Imports…

Scots-Chinese deal as Vice Premier Li Keqiang visits UK

Scotland and China have sealed a major green energy deal, as Chinese Vice Premier Li Keqiang began a…

Car spy case: Renault’s Patrick Pelata remains upbeat

Renault's chief operating officer says the impact of industrial spying on the carmaker could have been much…

Facebook document ‘reveals profits and suggests IPO’

The strength of Facebook's profitability has been indicated in a document circulated on behalf of the social…

Trichet urges more action on euro crisis

Jean-Claude Trichet has called on eurozone leaders to step up their efforts to combat the region's debt…

Defense secretary announces billions in budget cuts

Defense Secretary Robert Gates staged a pre-emptive attack Thursday in Washington's looming budget battles,…

Debit, credit card fraud racket busted in Jamaica

FOUR men are now in police custody following investigations by detectives from the…

Group buying: Fad or future Facebook?

Group buying websites enjoyed massive growth in 2010 grabbing new customers and the headlines as the sector's…

Crops, coal and steel inundated by Australia’s flooding

Major flooding across eastern Australia is putting a squeeze on the region's farmers, destroying crops and cutting…