15 November 2012 Last updated at 04:03 ETCard protection company CPP faces a bill of £33.4m after being censured by the City watchdog for mis-selling insurance products.
The bill includes a fine of £10.5m from the Financial Services Authority – the joint largest for a retail group – and £14.5m in compensation to customers.The...
Canada’s Carney says rate hikes “less imminent”
Label: World
TORONTO (Reuters) – Interest rate hikes have become less imminent than the Bank of Canada once expected, although rates are still likely to rise, central bank Governor Mark Carney said in an interview published on Saturday.“Over time, rates are likely to increase somewhat, but over time, so a less imminent timing relative to our expectation,” Carney said...
Jon Bon Jovi’s daughter arrested after suspected drug overdose
Label: Lifestyle
(Reuters) – Rock star Jon Bon Jovi‘s daughter was arrested in New York state on Wednesday on drug possession charges following a suspected heroin overdose, local police said.Stephanie Bongiovi, 19, was found unresponsive in a dormitory room at Hamilton College in Clinton, New York from an alleged overdose and taken to a local medical facility, according...
RIM to offer free voice calls over Wi-Fi with BBM
Label: Technology
TORONTO (AP) — BlackBerry users will soon be able to make free voice calls over a Wi-Fi network using the popular BBM messaging service.Research In Motion Ltd. announced Wednesday that it’s adding the feature to BBM. Users will be able to switch back and forth from a text chat to a voice call. A split-screen option will let them talk and text at the same...
Even moderate drinking in pregnancy may affect child’s IQ
Label: Health
LONDON (Reuters) – Women who drink even moderate amounts of alcohol while pregnant may risk lowering child’s intelligence levels, according to a study by British scientists.Advice to pregnant women about drinking is contradictory, with some guidelines recommending no alcohol at all and others suggesting the odd drink now and then is safe.
But...
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Subj: Emailed Secrets Will Be Found Out
Label: Business
David Petraeus ran the largest, best-funded, most capable intelligence service in the history of the world, but even he failed to learn the lesson learned long ago by small-time mobsters and corner drug dealers: If you want something to remain a secret, stay off the phones and—more important—stay off e-mail.You have to presume that anything sent electronically...
Beating tax cheats key to Italy’s recovery plan
Label: World
ROME (AP) — Good plumbers may be worth their weight in gold, but when one was spotted zipping around in a bright red Ferrari, Italian tax police were fast on his trail.Stamping out entrenched tax evasion is crucial to Premier Mario Monti‘s quest to keep Italy from succumbing to the European debt crisis, and it is critical to fellow eurozone members in...
Liza Minnelli to guest star on TV musical drama “Smash”
Label: Lifestyle
LOS ANGELES (Reuters) – Liza Minnelli will guest star on an episode of TV musical drama “Smash,” NBC said on Tuesday.The singer and actress will play herself and sing a number in one episode of the show when it returns in February 2013. The series, starring Debra Messing, Anjelica Huston and Katharine McPhee, dramatizes the backstage life of writers, producers...
Cellphones may get smaller Holiday lift: Gartner
Label: Technology
(Reuters) – The pre-Christmas shopping season is likely to boost cellphone sales less that usual this year as a weaker global economy forces consumers to cut back, research firm Gartner said on Wednesday.“It will be a cautious quarter. Consumers are either cautious with their spending or finding new gadgets like tablets, as more attractive presents,” Gartner...
Britain condemned for “mad house” schizophrenia care system
Label: Health
LONDON (Reuters) – Patients with schizophrenia in Britain are too often locked up in “mad house” institutions that are more likely to make them worse than better, mental health experts said on Wednesday.In a damning report on how people with the severe mental illness are cared for in Britain, the experts said there were “catastrophic failings” in treatment...
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