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Sep 20, 2012

Dead Russian dissident’s links to UK espionage to stay secret: hearing

LONDON (Reuters) – Possible links between British intelligence agencies and former Russian spy Alexander Litvinenko, who died from poisoning in London in 2006, will be kept secret at the government’s request, a lawyer at a preliminary hearing on his death said on Thursday.

Litvinenko, a Kremlin critic who had been granted British citizenship, died days after he was poisoned with polonium-210, a highly toxic radioactive isotope, which was slipped to him in a cup of tea at a plush London hotel.

Sep 19, 2012

UBS manager greeted rogue trader admission with disbelief

LONDON (Reuters) – One of Kweku Adoboli’s bosses said he reacted with disbelief when he heard that the alleged UBS rogue trader, a close colleague, had confessed to unauthorized deals which cost the Swiss bank $2.3 billion, a British court heard on Wednesday.

Ronald Greenidge, head of European cash trading at UBS in London, also said Adoboli had revealed he had an opportunity to close down his fraudulent deals at no cost to the bank weeks before the losses came to light, but had failed to do so.

Sep 18, 2012

British fugitive shoots dead two unarmed policewomen

LONDON (Reuters) – One of Britain’s most wanted fugitives killed two unarmed policewomen on Tuesday in a gun and grenade ambush, police said, killings which are likely to reignite a long-running debate over whether British officers should carry guns.

Police constables Fiona Bone, 32, and Nicola Hughes, 26, were gunned down in a hail of bullets after they responded to a hoax call about a burglary in the northern English city of Manchester.

Sep 14, 2012

UBS not to blame for “rogue trader” -prosecutor

LONDON, Sept 14 (Reuters) – UBS was not to blame for the
actions of a “rogue trader” who cost the Swiss bank $2.3 billion
as no system can prevent a dishonest employee abusing a trusted
position, the lawyer prosecuting former UBS trader Kweku Adoboli
said on Friday.

Sasha Wass told a London court that Adoboli knew how to
cheat the bank’s control system, lied to his bosses and
falsified records to hide what he was doing.

Sep 14, 2012

UBS “rogue trader” put bank’s survival at risk, court told

LONDON (Reuters) – “Naked gambling” by UBS (UBSN.VX: Quote, Profile, Research) trader Kweku Adoboli nearly brought down the massive Swiss bank as he wagered up to $12 billion, cooked the books and lied to bosses until his “pyramid of fraud” collapsed, a prosecutor told a London court on Friday.

Adoboli, the 32-year-old son of a U.N. diplomat from Ghana, is on trial by jury accused of fraud and false accounting that in the end cost UBS $2.3 billion. He has pleaded not guilty.

Sep 14, 2012

UBS “rogue trader” fraudulently gambled away $2.3 bln, court told

LONDON, Sept 14 (Reuters) – A British prosecutor accused
former UBS trader Kweku Adoboli on Friday of
fraudulently gambling away $2.3 billion, believing he had the
magic touch but instead causing “chaos and disaster to himself
and to all those around him”.

Adoboli, 32, is on trial at Southwark Crown Court accused of
two counts of fraud and two counts of false accounting. He has
pleaded not guilty.

Sep 13, 2012

Witness says scene of French Alps shootings like Hollywood film

LONDON (Reuters) – The first person on the scene of a quadruple murder in a quiet wooded area of the French Alps described it on Thursday as something from a Hollywood movie, with bullet-ridden bodies in a car whose engine was still running and blood everywhere.

Former British air force pilot Brett Martin had been out for a cycle ride last Wednesday when he came across another cyclist and three members of a holidaying British family who had been shot dead on a remote mountain road in the Annecy lake area.

Sep 12, 2012

Have UK archaeologists found Richard III’s skeleton?

LONDON (Reuters) – Archaeologists searching for the body of England’s King Richard III under a city centre parking lot said on Wednesday they had found remains which could be those of the monarch depicted by Shakespeare as an evil, deformed, child-murdering monster.

Richard was killed at the Battle of Bosworth in central England in 1485 and his bones reportedly ended up in a Franciscan friary known as Greyfriars, now located under a car park in the centre of Leicester.

Sep 12, 2012

Have British archaeologists found Richard III’s skeleton?

LONDON (Reuters) – Archaeologists searching for the body of King Richard III under a city centre parking lot said on Wednesday they had found remains which could be those of the monarch depicted by Shakespeare as an evil, deformed, child-murdering monster.

Richard was killed at the Battle of Bosworth in central England in 1485 and his bones reportedly ended up in a Franciscan friary known as Greyfriars, now located under a car park in the centre of Leicester.

Sep 10, 2012

Single gun used in French Alps killings – prosecutor

LYON/LONDON (Reuters) – A single semi-automatic weapon was used to shoot dead four people in the Alps last week, including the parents and grandmother of two British girls who survived the attack, French state prosecutor Eric Maillaud said on Monday.

Police searching the family’s home in Surrey, to the south of London, briefly widened a security cordon around the site and called in bomb disposal experts but found nothing hazardous.