Labour


WASHINGTON - Managers who evade the axe when companies restructure can still be on a shakier ground, says a new study by the University of Illinois.

LONDON - World stocks and the euro dropped sharply Tuesday as the massive relief rally triggered by a $1 trillion plan to contain Europe's debt crisis fizzled out amid talk that the plan doesn't remove doubts about the long-term solvency of indebted countries.

LONDON - Liberal Democrat leader Nick Clegg says he is anxious to resolve Britain's political impasse and hopes his party can make an announcement on its decision as quickly as possible.

LONDON - British Prime Minister Gordon Brown made a dramatic bid to keep his beleaguered Labour Party in power after it was punished in elections last week, announcing he will resign by September at the latest even if the Liberal Democrats - being wooed by the Conservatives - decide to join his party in government.

LONDON - British Prime Minister Gordon Brown made a dramatic bid to keep his beleaguered Labour Party in power after it was punished in elections last week, announcing Monday he will resign by September at the latest even if the Liberal Democrats - being wooed by the Conservatives - decide to join his party in government.
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