Oct. 13, 1884: Greenwich Resolves Subprime Longitude Crisis Wired News - 11 hours ago Britain had first solved the problem of longitude, Britain had the world's largest navy, and the sun indeed did not set on the far-flung British Empire. ...
RBS Cedes to UK, Seeks $34 Billion as CEO Quits (Correct) Bloomberg - 6 hours ago Britain will buy 5 billion preference shares and own 60 percent of RBS unless investors agree to purchase shares to be offered at 65.5 pence apiece, ...
World stock markets welcome European bank rescue AFP - 4 hours ago France, Germany and Italy were to announce national rescue packages later in the day, while Britain ploughed 37 billion pounds (47 billion euros/64 billion ...
Europe moves to quell financial firestorm AFP - 1 hour ago Banks and other financial institutions across the world have been hit by bad debts stemming from the granting of so-called subprime loans to house-buyers in ...