According to a report ordered by The Association of Chief Police Officers, the extent of fraud in the UK, according to conservative figures, reaches $27 billion annually, with the true some closer to $39 billion.

Europe`s largest pharmaceutical company GlaxoSmithKline has purchased the international rights to a new drug developed to treat Leukemia from the Danish biotech company Genmab for $2.1 billion

82% of Britons believe that religious beliefs are cause of tension in the country, and two-thirds of them stated that they do not believe in religion

HSBC, the 4th largest bank group in the world in equity, is the largest company in the UK. Forbes magazine published its UK 40 list, naming the UK`s 40 largest companies

The tale of Dorothy and her faithful dog Toto, who search for the mighty Wizard of Oz to help them reach their home, has become a great movie classic ever since it was made in 1939.

Singer Bob Dylan has always been associated with North American music. However, the performer is due to take his popular radio show across the ocean when BBC starts to transmit his weekly show called the ?The Theme Time Radio Hour?.

According to a new survey by Google and Confederation of British Industry, the number of online purchases will jump to 3.3 billion pounds from its current 2.2 billion pound level

Undercover security personnel apparently infiltrated a chat room and recorded exiled Islamic cleric, Omar Barkri Muhammed allegedly making comments that supported terrorism in the United Kingdom and urging followers to carry out further attacks

Sportsmen and women, at the height of their career, certainly don?t consider themselves likely candidates for the life-threatening disease, leukemia

British Airways, one of the leading airlines in the world, is feeling some pain. It seems that the company has learned its lesson when it sold Go to 3i for less than it was worth.

Toshihiko Fukui, governor of the Bank of Japan, Said Monday that he intends to slowly raise interest rates in order to not hurt growth. Fukui refused to say when Japan`s national bank intends to raise interest rates.

British economist, Sir Nicholas Stern, released a review on the current situation of the earth?s climate changes and warned that if nothing is done to tackle these changes, global economy could shrink by 20%. In his 700-page report, Stern also warned that there was overwhelming scientific evidence of global warming and its consequences could be disastrous.

The non-radioactive fallout from North Korea?s claim of a nuclear weapons test on Monday spread around the world, with Pyongyang?s ally China even declaring that the ?appropriate? actions need to be taken in response to what Beijing termed North Korea?s ?brazen? test of a weapon whose yield international experts are divided about.

Close allies of North Korea, such as Russia and China, have warned against Pyongyang`s announced intentions, though the ability of China to influence its Communist brethren on the Korean Peninsula appears diminished in the wake of the July test launches of missiles, which Beijing did not want to take place.

Battling to stay relevant in a world focusing more and more on the threat posed by a potentially nuclear weapons-armed Islamic Republic of Iran, the Stalinist government of Kim Jong-Il in North Korea has announced its intention to test a nuclear weapon. Pyongyang had previously tested several short- and long-range missiles in July, an act of brinkmanship - designed to bring the United States into direct talks - that failed.

With strong indications that credit card debt in the UK is worsening, debt help experts are urging consumers to prioritise credit card debt elimination. The Bank of England has also recorded a rise in credit card debt, with credit card lending went up by ?0.2 billion in July

Pyongyang, named by President George W. Bush as a member of the ?Axis of Evil?, is using Washington?s opposition to the oppressive regime as an excuse for holding onto the option of a nuclear test. It is believed that North Korea has a small number of nuclear weapons, which it has admitted to building.

Yesterday, the response arrived. It is a very long document, very complex, we are going to study it, Douste-Blazy said. "I noticed that certain Iranian officials were saying that they would like to negotiate."

Over a month after the Stalinist government of North Korea tested several short-range and one failed long-range ballistic missiles, U.S. President George W. Bush has warned Pyongyang against testing a nuclear weapon.

Eric McCormack, the star of entertainment TV series "Will and Grace", will fly to the Edinburgh TV Festival. He will promote there his latest comedy series "Lovespring International", an improvised sitcom about a useless dating agency.

In a move that echoed the Homeland Security Department`s updated terror threat warning system created after the attacks of September 11, 2001, the United Kingdom of Great Britain and Northern Ireland launched a new security alert system for the country.

Following a cruel penalty shootout, Ukraine beat Switzerland 3:0 and became one of the top eight teams to play at World Cup`s quarterfinals.

After losing 4 ? 0 to Spain, Ukraine wanted to show that they know how to play soccer and surprised Saudi Arabia with four goals.

Ukrainian fans can now breathe calmly, with Sergei Rebrov getting a green light to play in Germany after a series of tests.

UK academics have decided to boycott Israeli institutions of higher learning in what is being called an unjustified political move.

It`s not easy in today`s business world to promote one`s site. Navigating traffic and making sure clients visit and use an online service isn`t easy, to say the least.

Ukraine`s aspirations for the upcoming FIFA World Cup suffered a significant blow when Serhiy Fedorov was ruled out of the tournament. The FC Dynamo Kyiv defender was diagnosed with a hip injury and won?t be able to participate at Germany.

Between February 1999 and March 2006, 1,023 foreign national criminals were released after completing their sentences without officials considering whether they should have been deported from Britain. Home Secretary Charles Clarke says, ?We simply didn`t make the proper arrangements for identifying and considering removal.?

Ukraine has been holding a series of events to commemorate the 20th anniversary of the world`s worst nuclear disaster at the Chernobyl power plant, which happened in 1986 during the waning years of the Soviet Union. Official UN figures predicted up to 9,000 Chernobyl-related cancer deaths. However, a Greenpeace report released last week estimated a figure of 93,000.

Two players of the Duke University lacrosse team have been issued indictments by a grand jury this Monday. The two players are allegedly assaulted an exotic dancer during a team`s party last month.