The White House was forced to apologise after a government exercise in which a passenger jet flew low across Manhattan caused panic in the city... more
Economy: World stock markets fall as investors brace themselves for the US jobs report for December, which many fear could be one of the worst ever... more
Energy: The oil price was plummeting on Tuesday, registering its biggest falls in four years and down below $90 a barrel — less than a week after it crashed back through $100 a barrel... more
Hedge funds have retreated from bets that oil will continue its sharp rise of the past year, giving hope to hard-hit industry and consumers that prices may have peaked, at least for now... more
Oil traders in London are to be dragged into a worldwide investigation amid increasing concern among regulators and politicians that the market is rigged... more
Stock markets have delivered a massive vote of confidence, or perhaps it was thanks, to JPMorgan Chase for its bailout of stricken investment bank Bear Stearns... more
London Gateway, the £1.5bn container port under construction on the Thames at Thurrock, will have capacity to unload six of the world's largest ships at one time and have as much impact on the capital as a new airport or half a dozen Westfield shopping centres
With London Fashion Week kicking off on Friday, British designer Matthew Williamson tells Rosamund Urwin about breaking up with his ex, post-show partying and his new model man
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