LONDON News

London Markets: FTSE 100 slips as Greece worries persist
U.K. stocks trade lower, with miners struggling as the Greek debt crisis again commands investor attention.

Caterpillar to close London, Ont. locomotive plant
(Reuters) - Caterpillar Inc has decided to close its Electro-Motive locomotive plant in London, Ontario, and lay off at least 450 workers following several months of unsuccessful contract negotiations with the Canadian Auto Workers union. The move deals a tough blow to the Canadian labor market, which has been under pressure from a strong Canadian dollar and the struggle to persuade unionized ...

London Luxury-Home Prices Rise for 15th Month as Foreign Buyers Seek Haven
Luxury-home prices in central London gained for the 15th consecutive month in January as international investors seeking to protect their wealth competed for the few properties for sale, Knight Frank LLP said.

Snow and fog ground half of London Heathrow's flights
Thousands of passengers were stranded on Sunday after heavy snow and forecasts of freezing fog forced London Heathrow Airport to cancel 50 percent of its scheduled flights.

London Luxury-Home Prices Rise as Foreign Buyers Seek Haven
Luxury-home prices in central London gained for the 15th consecutive month in January as overseas investors seeking to protect their wealth competed for the few properties for sale, Knight Frank LLP said.

Pleasures of London before the Olympics
This is London: Yellow construction cranes tower over inner-city building sites; popular gathering spots rumble with earth-moving equipment, along with the usual heaving masses of shoppers and sightseers; venues for the...

Next at NBC Sports: The Olympics...And Baseball?
As the network looks to add content, NBC Sports chief Mark Lazarus calls baseball a premiere...

Olympic sport this week
Jess Ennis set to defend pentathlon title in UK trials, plus cycling's Tour of Qatar and archery's World Indoor Championships

Egypt Football Riots a Reminder that Sport Isn't Life
Football isn't life. No sport is life. Nothing is life except, of course, life . 74 people are dead, and that number may very well go up sooner than later, after the post-match violence that occurred in a football stadium located in Port Said, Egypt.

From heaven to hell, Greek sport in freefall
ATHENS (Reuters) - Peeling paint flakes from Athens' Olympic park. Its entrances locked, this once sparkling edifice to sporting greatness lies rotting and largely unused -- maintenance costs too high for near-bankrupt Greece to operate. The rate of decay and dilapidation in just eight years provides a visual clue to the Greek scenario, one as effective as any economist's report or politician's ...