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Monday 26 December 2011

UK Financial News on 2011-12-26

Brazil's economy 'overtakes UK's'
Brazil has overtaken the UK as the world's sixth largest economy, the Centre for Economics and Business Research says......

Tube strike delays hit shoppers
Travellers on London's Underground network have faced disruption as drivers belonging to the union Aslef stage a 24-hour strike......

Stores enjoy 'strong' sales day
Retailers report a strong trading day as hundreds of thousands of shoppers try to snap up bargains in the Boxing Day sales......

Farmers warned on sheep rustling
Farmers are being encouraged to do more to prevent the growing problem of livestock rustling across the UK......

Samsung buys out Sony LCD venture
Samsung Electronics agrees to buy out Sony's entire stake in their liquid crystal display joint venture for $938m (600m)......

China and Japan in currency deal
China and Japan unveil plans to promote the direct exchange of the yen and yuan to cut costs for companies and boost trade......

Hackers hit US security company
Activist hacker group Anonymous says it has stolen thousands of emails, passwords and credit card details from US-based security firm Stratfor......

Japan affirms $1.2tn draft budget
Japan affirms a draft version of its state budget for the next financial year as it cuts spending for the first time in six years......

AUDIO: 'Euro is not to blame for crisis'
Investment guru Jim Rogers says the euro in itself is not to blame for the current European debt crisis.....

VIDEO: Are businesses using 'F-commerce'?
F-commerce means companies using social media like Facebook and Twitter to sell their products and services......

VIDEO: UK boost from Chinese tourism?
A growing number of Chinese tourists are contributing to the UK economy.....

VIDEO: Thousands queue for Boxing Day sales
Retailers are reporting a strong trading day as hundreds of thousands of shoppers snap up Boxing Day bargains......

VIDEO: 'We are people - don't forget us'
Women living in Spain, Greece and Ireland give an insight into their difficulties......

VIDEO: Tales from three booming economies
People living in the BRICS region describe what it is like to be working in booming economies......

Indonesia mulls rupiah redenomination
Indonesia mulls rupiah redenomination.....

VIDEO: Unwanted gifts: Your rights
Your rights regarding unwanted gifts.....

Australians Can Learn from Eastern Cultures for Better Relationships
Australians can learn from traditional Eastern values to keep their marriages happier and and families intact......

NASAs Kepler 2012 Planet Catalog May Include First True 'Alien Earth'
The rapid pace of exoplanet discoveries suggests that the first Earth twin will be found relatively soon, according to researchers, adding that the first true alien Earth could be found in 2012......

NASA Hubble Telescope Finds Evidence of Complex Molecules on Pluto
Plutos surface could contain complex hydrocarbon and nitrile molecules which may be responsible for giving the planet its ruddy color, according to the findings of Hubble Space Telescopes Cosmic Origins Spectrograph......

A Second Temporary Moon is A Normal Occurrence, Research Says
Research findings show that a second temporary moon is the norm in our planet, noting that what looked like a spent rocket stage which was seen orbiting the Earth in 2006 was in fact asteroid 2006 RH120, a natural satellite like the moon......

Cheap, Tasty Champagnes for a New Year's Eve Party
Cheap, tasty champagne is one of the essentials of any New Year&s Eve party, but selecting from the litany of bottles bearing words like 'brut' and 'dry' is often like rolling the dice......

'Space ball' Found In Namibia Baffles Authorities
A space ball measuring 35 centimeters (14 inches) in diameter and weighing six kilograms (13 pounds) has been discovered mid-November in a remote grassland in Namibia, prompting authorities to contact NASA and European Space Agency......

Aussie Tourist Gets Tattoo, HIV from Indonesia
Getting tattoos overseas turned out deadly for an Australian who tested HIV positive last week, with authorities confirming over the weekend that the patient contracted the virus while vacationing in Bali, Indonesia......

Nook Tablet: Six Must-Have Apps for Your New Tablet
After Christmas is great time to catch some last minute sales or cash in your gift cards, but it&s also time to add some apps to your new Nook Color or Nook Tablet......

Justin Bieber Buys Best Buddy a Car for Christmas [PHOTOS]
Justin Bieber seems to have caught the Christmas spirit of giving this year as he gave his best friend Ryan Butler a convertible Mustang on Sunday......

'We Bought a Zoo' Review: Matt Damon Shines as Family Man Zookeeper
'We Bought a Zoo' provides the viewer a boost of energy and heart in a movie scene often devoid of both. And for that, 'We Bought a Zoo' will be remembered......

Heavy Rains Dampen Christmas Celebrations in Northern Australia
Signalling the onset of La Nina, heavy rains battered the northern coast of Australia over the weekend that mostly dampened Christmas celebrations in the region while allowing some rays of sun in the far east of the country......

U.S. stores hope "Mega Monday" led to brisk sales
Shoppers found a mixed bag of bargains and so-so deals on Monday, as a day off for many Americans lured some out for what was likely to be the third-busiest shopping day of the holiday season......

Autochartist - Daily Commodities Update: Natural Gas
Natural Gas futures made a u-turn to kick off the holiday trading week, reversing just shy of key level support to create a long entry point on the chart. Autochartist is plotting the level just below the $3.13 per million BTU price, with the most re.....

Casino Player Collects $100,000 Jackpot Price Won Last Year
Christmas 2011 came big for an Adelaide woman following the disappointment last year when casino officials refused to honour her slot machine win, denying her the $100,000 jackpot......

Retailers Expect to Generate More Than $1-B Sales from Boxing Day Sales
Retailers are jostling to get a prime piece of the projected $1.1 billion gross that the Boxing Day is expected to generate on Monday, a fraction of the more than $14 billion that Australian consumers are set to unleash in the days ahead......

Van Halen 2012 Tour: Band to Hit Road with David Lee Roth Singing (VIDEO)
The Van Halen 2012 Tour was announced on the band&s Web site the day after Christmas. Roth left the band in 1985 to pursue a solo career, though he tried to return. Band guitarist Eddie Van Halen kicked Roth back out of the band again in 19996 and he.....

NASA Finds Space Wreath and Santa Spotted Over Northern Europe (VIDEO)
NASA released the image of a Christmas wreath shaped nebula, and the infrared light given off is even the right color of green with nearby stars looking like silver bell decorations......

NASA Releases Image of "Merry Christmas Wreath Nebula" from 1000 Light-years Away
NASA has released an image of how a nebula, which is 1,000 light-years away, is celebrating Christmas......

SOPA Outrage: Reddit Users Dump Go Daddy
Selfprodigy went so far as proclaiming December 29 as a proposed boycott day for others to transfer domains from Go Daddy in protest of the company&s support of SOPA. Wrote selfprodigy on reddit: '......

Google Tablet with Android 4.1 Launching in 2012?
Internet search engine giant Google might launch its very own tablet with Android 4.1 within the next six months, Google&s Executive Chairman Eric Schmidt said recently in an interview with an Italian media......

Cyber Boxing Day Sales and Deals 2011
Cyber Boxing Day sales and deals offer some of the best prices at a wide range of online retailers......

After Christmas Sales 2011: All-Day Online Sales at Target, BestBuy and More
After Christmas sales might be well under way, but it is not too late for those who slept in on Monday. All-day online sales are available from some of the most popular retailers like Target, BestBuy and Staples......

55 OLED TV Panel to Debut at CES 2012
Korean electronics giant LG has announced they are ready to show off a 55' OLED TV Panel only a few millimeters thick. At five millimeters thick, the new panel is said to be able to achieve a contrast ratio of over 100,000:1 and be able to produce mo.....

A New Yorker's Opinion: Badger Fire, 'My Whole Life Is in There'
After a Christmas Day fire swept through Madonna Badger&s home, killing her three young children and her parents, she was heard to say, 'My whole life is in there.' Family is a whole life......

Manchester United-Wigan Athletic 5-0: Fergies Red Devils Run Riot (PHOTOS)
Manchester United are now level with neighbours Manchester City on points in the Premier League table......

iOS 5 Untethered Jailbreak Pod2g or MuscleNerd: Who will be Jailbreaker of the Year?
Hackers are working round the clock in their attempt to find an untethered jailbreak for A5 (iPad 2 and iPhone 4S) or A4 processor devices and in the hack race, two names stand out bold - pod2g and MuscleNerd. Between these two, who do you think will.....

Texas Christmas Massacre: Gunman Dressed as Santa, Killed Family
Law enforcement officials in Dallas-suburb Grapevine, Texas said the man showed up for family Christmas in a Santa Claus outfit. The family apparently opened presents before the Santa gunman opened fire before ultimately killing himself -- seven died.....

Happy New Year: New Year's Eve Party Outfit Ideas for Him & Her [PHOTOS]
As the New Year approaches it is time to make a final decision on your New Year&s Eve outfit. Look your best when you welcome 2012 in these outfit ideas......

Future Apple iPhones May Run on Fuel Cell
Apple has filed two patent applications related to Fuel Cell batteries, hoping to develop and launch technology that allows its devices including the iPhone, iPad tablet, and laptop computers like the MacBook go weeks without a battery charge......

U.S. Must Mirror France - Liberty, Equality, Fraternity, Fission
To reduce/eliminate climate change, the U.S. must sub nuclear power for coal at electric power generating plants, until more-advanced energy forms are available. And France is a good model to follow: it generates almost 79 percent of its electricity .....

Tiffany's takes a bite out of Coca-Cola's Big Apple dream offer
It is described by Coca-Cola as the chance of a lifetime - a dream trip to New York with flights, accommodation, a Broadway show and limousine transfers for two.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b4.....

Treasury plans for euro failure
The Government is considering plans to restrict the flow of money in and out of Britain to protect the economy in the event of a full-blown euro break-up.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b48c277/m.....

The business A to Z, 2011
The Daily Telegraph takes a light-hearted look at the major events of the year.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b48c278/mf.gif' border='0'/><br/><br/><a href="http://da.feedsport.....

Bacteria unleashed in sewers to feast on Christmas dinner fat
Trillions of bacteria with a taste for turkey fat and cooking oil are being unleashed in sewers to eat the annual onslaught of Christmas dinner grease that risks blocking pipes.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....

Spanish economy minister prepares for a recession
Spain's economy will shrink in the last quarter and faces a bleak outlook for the coming months, its new economy minister said on Monday, heightening fears of a fresh recession.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/3272.....

2011 business review: Dow provides sole reason for cheer amid stock market gloom
The only major global index to be higher now than at start of the 2011 is the Dow Jones Industrial Average, which is up 5pc.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b46113b/mf.gif' border='0'/><br/&.....

Shoppers hunt for bargains at Boxing Day sales
Bargain hunters are expected to flock to the sales in their millions on Monday as shoppers defy the retail gloom and head to the high street for Boxing Day deals.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b.....

US consumer confidence expected to grow
US consumer confidence is expected to rise to a five month high on Tuesday, amid signs that the world's largest economy continues to gain strength towards the end of 2011.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/56.....

Family firm provides cracker of a Christmas
Swan Mill Paper boss David Byk explains the art of writing a festive joke.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b444c9e/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.co.....

Resurgent self-employment soars to 75-year high
Britain is witnessing a renaissance in self-employment on a scale not seen since the 1930s, the latest business figures show.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b442687/mf.gif' border='0'/><br/.....

Betfair hits out over legal action
Betfair has launched a withering attack on the British Horseracing Authority (BHA) and rival William Hill for pursuing a joint legal action that eats into the sport's already scant prize money.<img width='1' height='1' src='http://telegraph.feedsp.....

Number of first-time buyers plummets to lowest on record
The number of first-time buyers has fallen to its lowest since records began in 1974.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b43e91a/mf.gif' border='0'/><br/><br/><a href="http://da.fee.....

Britain loses spot as sixth-largest economy to Brazil
Britain has lost its spot as the world's sixth largest economy to Brazil, according the Centre for Economics and Business Research.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b441bd4/mf.gif' border='0'/>.....

Weak pound powers Tyrrells growth as sales rise by a third
Tyrrells Crisps, the up-market snack maker, saw revenues rise by nearly a third in the year to the end of March, but the group fell to a full-year loss on the back of rising interest charges.<img width='1' height='1' src='http://telegraph.feedspor.....

Banks and ABI to hold talks over 'out of control' bonuses
Major shareholders are preparing to meet top UK bank executives "behind closed doors" in the new year to thrash out concerns over excessive pay ahead of the crucial bonus season.<img width='1' height='1' src='http://telegraph.feedsportal.com/c/327.....

Business quiz of the year, 2011
Blunders, bribes, bowing - how much can you recall from an eventful year?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b3fb21b/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....

Business quiz of the year, 2011
Blunders, bribes, bowing - how much can you recall from an eventful year?<img width='1' height='1' src='http://telegraph.feedsportal.com/c/32726/f/568300/s/1b3fb21e/mf.gif' border='0'/><br/><br/><a href="http://da.feedsportal.com.....