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Monday August 11, 2008

News

Ex-Thai PM to remain in UK

Thaksin Shinawatra, former prime minister of Thailand has told Thai media he intends to remain in the UK, and will not return home to face corruption charges. Mr Shinawatra, who owns Manchester City football club and who spent two years in exile in the UK before, was due to appear... [continued]

Russia ignores ceasefire as refugees flee

A tide of refugees is leaving towns and villages ruined by bombing as the US has condemned Russian military intervention in South Ossetia and Georgia. Russia has ignored a ceasefire declared by Georgia's president Mikhail Saakashvili, and continued air strikes against targets near the Georgian capital, Tbilisi. The city's international... [continued]

Banks make £500m extra in UK

British high-street banks have been accused of taking advantage of their customers after it was revealed that five of the biggest had made £500m extra profit in six months in the UK, despite incurring massive losses with bad investments elsewhere in the world. Figures from five retail banks show that... [continued]

Mugabe: power talks ‘inconclusive’

Zimbabwe's embattled president Robert Mugabe has said that 14 hours of power-sharing talks with the country's opposition leader, Morgan Tsvangirai, which began yesterday morning and are being mediated by South African president Thabo Mbeki, were "inconclusive". However, he said discussions would continue and he was "confident" a deal could be... [continued]

Double murder of Chinese students

A double murder inquiry has been launched in Newcastle-upon-Tyne after the bodies of two Chinese students were found in a flat. The head injuries the students had received were so severe that police have not yet been able to work out what the weapon was. The victims have not... [continued]

Isaac Hayes dies aged 65

Soul singer Isaac Hayes has died at the age of 65. The pioneering musician, whose Theme From Shaft won an Oscar was found dead yesterday by a family member. He had collapsed near a treadmill in his home, but the cause of death has not been announced. Mr Hayes suffered... [continued]

Business news

Georgian fighting pushes up crude

The heavy fighting in Georgia has pushed the price of crude oil up by more than a dollar per barrel. Georgia does not produce oil, but the world's second-largest pipeline passes through southern Georgia as it takes oil from Azerbaijan to Turkey. The Baku-Tbilisi-Ceyhan pipe can move up to 1.2m... [continued]

Water firms reveal price plans

UK water firms have announced their pricing intentions for the five-year period starting from 2010. Welsh Water says its average bills will only rise at the rate of inflation, Thames water anticipates rises of about 3 per cent above the rate of inflation, and Northumbrian water expects rises of 1.3... [continued]

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