China giant Fosun takes 5% stake in Thomas Cook

Last Updated: Friday, March 6, 2015, 15:40

Chinese conglomerate Fosun International announced Friday it had bought a five percent stake in UK-based tour operator Thomas Cook in its latest foray into the travel market.

Oil market rebounds on US energy report

Last Updated: Thursday, February 26, 2015, 01:04

Global oil prices rallied on Wednesday as sliding US gasoline and distillates inventories eclipsed news that soaring crude reserves hit another record high last week.

Cheaper oil to boost British economy: report

Last Updated: Monday, January 19, 2015, 06:50

British economic growth could be stronger than expected this year, boosted by lower oil prices and flat inflation that will encourage consumers to spend, according to an influential report published on Monday.

Anand Mahindra named trustee for London's history museum

Last Updated: Monday, December 15, 2014, 18:35

Mahindra's appointment is for an initial four-year term from January 1, 2015, London's Natural History Museum said in a statement.

HSBC dismisses London forex chief: Source

Last Updated: Wednesday, December 10, 2014, 20:12

HSBC has dismissed its London-based European head of currency trading, a source close to the matter said Wednesday, one month after the bank was fined for foreign exchange market rigging.

Gwyneth Paltrow, Chris Martin selling London home

Last Updated: Sunday, February 2, 2014, 17:02

Gwyneth Paltrow and her rocker husband Chris Martin are selling their 7 million pounds home in Belsize Park, North London.

British Airways to pay Rs 5L for not helping stranded fliers

Last Updated: Sunday, February 2, 2014, 09:32

British Airways has been directed by a consumer forum to pay Rs 2.5 lakh each to two doctors for leaving them to "fend for themselves" after their flight from London to Delhi was cancelled due to a snowstorm.

Ian Thorpe management deny rehab claims for the former Olympic champion

Last Updated: Saturday, February 1, 2014, 15:43

Australian swimming great Ian Thorpe`s handlers on Friday denied he was in rehab for depression and alcohol abuse and said he instead entered hospital for shoulder surgery.

Goodell says London team nearer after triple sellout

Last Updated: Saturday, February 1, 2014, 08:23

London is closer to having its own National Football League team after selling out three regular-season games at Wembley Stadium for next season, NFL commissioner Roger Goodell said Friday.

Indian mission sixth in unpaid Congestion Charge dues in London

Last Updated: Friday, January 31, 2014, 18:54

The Indian High Commission in the UK ranks sixth on a list of foreign missions with unpaid dues of 3.3 million pounds for a special fee charged on vehicles operating in central London.

Businessman was in touch with bookies, hawala dealers, says police

Last Updated: Thursday, January 30, 2014, 21:59

Rajesh Kalra, who owned a major portion of the looted cash in Lajpat Nagar heist, was in constant touch with hawala dealers in Dubai and cricket bookies in Mumbai and London.

Saina Nehwal climbs up to 7th place, PV Sindhu at 10th in world ranking

Last Updated: Thursday, January 30, 2014, 18:35

The victory at the Syed Modi International tournament in Lucknow helped London Olympics bronze medallist Saina Nehwal to surge two places to reach the seventh position in the latest world badminton ranking, released in Kuala Lumpur here today.