Mar 8th, 2010 · Insurance giant AIG reportedly is close to selling its foreign life insurance unit to MetLife for about $15.5 billion. The New York Times reports the deal will be done in cash and stock. AIG last week sold its Asian unit to Britain's Prudential for about $35.5 billion.
Mar 8th, 2010 · Voters in Iceland have rejected a referendum that planned to spend billions of dollars to repay Britain and the Netherlands for debts spawned by the collapse of an Icelandic bank. Britain's treasury secretary said he expects to get back several billion dollars that Iceland owes, but admitted it could take many years.
Mar 6th, 2010 · Iceland's voters on Saturday resoundingly rejected a $5.3 billion plan to pay off Britain and the Netherlands for debts spawned by the collapse of an Icelandic Internet bank, according to initial results.
Mar 5th, 2010 · In four hours of evidence to Britain's inquiry on Iraq, the British prime minister repeatedly expressed regret over the lost lives of soldiers and civilians, and acknowledged mistakes were made. Brown said he believed the war was justified because Baghdad had breached international rules in failing to abide by U.N. resolutions.
Mar 1st, 2010 · Britain's defense ministry says it will shred records of UFO sightings after a huge rise in the number of reports submitted by the public. The Ministry of Defense said Sunday that new reports will be thrown out after 30 days, rather than kept on file.
Feb 25th, 2010 · Two new books this week tell of fateful trips to England — though of very different sorts. Little Bee by Chris Cleave is the tale of a Nigerian teenager's desperate attempt to seek asylum in Britain, and The Forgotten Garden by Kate Morton is about a young girl's reunion with her homeland after many years away.
Feb 22nd, 2010 · One of Britain's biggest food companies has applied for a patent to make a substitute for potato chips. The company says its meat chips are crunchy, high in protein; and have less calories and fat than chips made from potatoes.
Feb 17th, 2010 · Church leaders in Britain are urging their flock to observe Lent by going on a "carbon fast." The say it will help the poor in places suffering from climate change. So, instead of giving up chocolate, Christians could eat by candlelight to consume less electricity.