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Japan’s factory production rebounds

Japan's industrial output continues to be battered by the after effects of the earthquake and tsunami. However, the latest government figures indicate that manufacturing is showing its first signs of recovery. Factory output rose by 1% in…

Children in UK saved from paedophiles

A record number of children have been rescued from paedophiles prowling the internet for the fifth consecutive year, a specialist police unit has said. More than 1,000 children have been safeguarded or protected, including 414 in the…

Oil prices below $101 per barrel

Oil prices hovered below $101 a barrel Monday in Asia in light trading volume ahead of the U.S. Memorial Day holiday. Benchmark oil for July delivery was down 6 cents to $100.53 a barrel at midday Singapore time in electronic trading on…

UK seaside property price doubles

The cost of owning a property by the sea has more than doubled in the past decade, figures have shown. House prices in seaside towns in England and Wales have soared by 128% since 2001, with seven out of 10 towns seeing greater increases…

FIFA suspends two executive members

Fifa has provisionally suspended executive committee members Mohamed Bin Hammam and Jack Warner after a meeting of its ethics committee on Sunday. Football's governing body will now open a full investigation into allegations that…

Rain dampens UK bank holiday mood

Britons hoping to spend Bank Holiday Monday on the beach or beside the barbecue are expected to be thwarted by disappointing weather. Rain is forecast for much of the country, following a weekend of cloudy skies and scattered showers.…

Barclays ‘may buy Spanish bank’

Barclays is considering buying one of Spain's regional savings banks, it has been reported. It comes after the Spanish government said Barclays' boss Bob Diamond had met Prime Minister Jose Luis Rodriguez Zapatero in Madrid last week. The…