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UK reveals limit on skilled migrants

The government has announced a cap of 21,700 on the number of skilled workers from outside the European Economic Area allowed into the UK. The figure is a cut of 6,300 on the equivalent figure for 2009. It excludes employees transferred…

Gold price slightly up on Korean crisis

Gold edged up on Wednesday but showed a muted reaction to the heightened tensions between the two Koreas, with investors still focused on the debt crisis in Europe, which has put pressure on the euro. A U.S. aircraft carrier headed toward…

Apple computer sold for £130,000

One of the first batch of Apple personal computers has sold at auction in London for £133,250 ($210,000). The Apple I came with its original packaging and a signed sales letter from Apple co-founder and current chief executive Steve Jobs.…

Oil prices rise towards $82 per barrel

Oil prices rose slightly to near $82 a barrel Wednesday in Asia as an upward revision of U.S. economic growth and a report showing an unexpected jump in crude inventories provided mixed signals on demand. Benchmark oil for January delivery…

FBI raids send warning to hedge funds

FBI raids on hedge funds were a sign that prosecutors feared evidence in a widening insider trading probe could be destroyed, but the dramatic daytime searches may also have been intended to shake up the secretive hedge fund world, legal…