uk

Why Sony 'Accidentally' Gouged Whitney's U.K. Fans

The death of Whitney Houston found nostalgic fans rushing to buy the music icon's catalog of digital works, which means a bittersweet payday for her label Sony Music. But a gaffe overseas is making Sony out to look like a greedy opportunist.

U.K. Economy Retreats in Third Quarter

The U.K. economy slowed considerably in the third quarter. And to avoid a double-dip recession, the government may have to take further fiscal action.

Moodys: U.K. Credit Rating Is Safe

The U.K.'s triple-A credit rating is safe, thanks to the government's austerity measures and a flexible economy, rating agency Moody%u2019s said.