Savings protection limits raised

The compensation limit for people who lose money if their bank, building society or credit union goes bust, has increased from £50,000 to £85,000.

Transocean tries to stop another Horizon probe

SAN FRANCISCO (Reuters) – Transocean Ltd, the world’s biggest offshore rig contractor, aims to stop a seventh U.S. body from investigating the accident that sank one of its rigs while causing the largest U.S. offshore oil spill.

What Recession?: Why France’s Housing Market is Soaring

As battered real estate markets around Europe and the U.S. continue to suffer, homeowners in France are watching value rise — but not for all the right reasons

Website aims to be Facebook for gays in military

TORONTO (Reuters) – After nearly two decades of hearing “don’t ask, don’t tell,” gay U.S. military men and women are now hearing, “do ask, do tell,” and even, “find a friend” from a new social network website, Out Military.

Stocks, commodities shine in 2010; euro suffers

NEW YORK/LONDON (Reuters) – World stocks were set to end 2010 at their highest levels in 28 months as investors geared up for further risk-taking into 2011, prompted by a wilting dollar and low yields on U.S. bonds.


Skype could be designated illegal in China

BEIJING/NEW YORK (Reuters) – China will crack down on what it called illegal Internet telephone providers, according to a circular from the Chinese government, a policy that could hurt the popular service Skype.

ArcelorMittal matches rival offer for Baffinland

PARIS (Reuters) – ArcelorMittal on Friday upped its offer for control of Baffinland Iron Mines to match a rival bid from Nunavut Iron for the vast iron ore deposit in the Canadian Arctic, in a deal…