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Friday August 1, 2008

News

Nuclear takeover collapses

Plans to rejuvenate the UK's nuclear industry could be delayed by years after a French energy firm announced a shock decision to withdraw from its £12bn takeover of British Energy. Shortly before midnight, state-owned EDF released a statement saying: "The conditions for a major development in Great Britain are not... [continued]

Barry George cleared of Dando murder

After an eight-week retrial at the Old Bailey, Barry George was today cleared of the murder of the BBC Crimewatch presenter Jill Dando (right) in 1999. George, who has spent eight years in jail for a crime he did not commit, showed no reaction when the jury returned their verdict.... [continued]

US man denies Karadzic deal

A former US negotiator who helped end the Bosnian war has denied that he offered Radovan Karadzic impunity from arrest, a claim made by the former leader of the Bosnian Serbs as he appeared before a UN war trimes tribunal for the first time yesterday. Richard Holbrooke said Karadzic's assertion... [continued]

Man decapitated in bus attack

A bus passenger in Canada has been killed and decapitated by the man sitting next to him in a frenzied and apparently random knife attack. The assailant cut off his victim's head and displayed it to the other horrified passengers after stabbing him to death. The 37... [continued]

McCain: Obama is playing race card

The US presidential race has turned nasty, with Republican senator John McCain's team accusing Democrat Barack Obama of playing the race card after Obama said in a speech that the Republicans would try to scare voters by pointing out "he doesn't look like all those other presidents on the... [continued]

‘Ashcroft loophole’ reform blow

The Electoral Commission has "strong reservations" about Government plans to close the so-called 'Ashcroft loophole' under which the Conservatives have been able to spend large amounts on publicity in marginal seats. Spending by a party during an election campaign is strictly limited, averaging about £11,000 per constituency, but outside of... [continued]

UN mandate extended in Darfur

The UN's peacekeeping mandate in Darfur has been extended for another year after last-minute wrangling. A request from the African Union that the UN postpone the the International Criminal Court indictment of Sudan's president for war crimes had almost scuppered the resolution to extend the mandate, but a compromise solution... [continued]

Man admits suitcase murder

A man has confessed to the murder of a British woman whose torso was found in a suitcase by a motorway in Brazil. The remains of 17-year-old Cara Maria Burke from south London were found on Tuesday in the city of Goiania. Fire crews are still searching for her head,... [continued]

Business news

BA blames fuel bills for slump

BA has blamed the "worst trading environment the industry has ever faced", with soaring fuel prices and reduced consumer spending, for a massive fall in profits. The airline's chief executive, Willie Walsh, said: "The combination of unprecedented oil prices, economic slowdown and weaker consumer confidence has led to substantially... [continued]

A&L profits almost wiped out

Half-year profits at Alliance & Leicester have slumped to £2m from £290m for the same period last year after the bank was forced into massive write-downs triggered by the global credit crisis. But the mortgage lender claimed its core business was still in "good shape". The A&L write-down was... [continued]

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