RBS chairman: More job losses coming, Goodwin reconsiders pension

British banking giant RBS has revealed it expects to make more job cuts and that former chief executive Fred Goodwin is considering taking a voluntary cut in his pension. New chairman Philip Hampton Friday made a strong apology for the bank’s mistakes, which lead to a UK record loss of £24.1 billion ($34.6 billion) for 2008.

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Commentary: Obama has best day as president

If a statesman is one who looks to the next generation and a politician one who looks to the next election, a political consultant must be one who looks to the next tracking poll. Well, I’ll go one better and just look at today — April 2, 2009. (CNN) — If a statesman is one who looks to the next generation and a politician one who looks to the next election, a political consultant must be one who looks to the next tracking poll

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It’s down to business as Brown hails new era

After the pageantry and splendor of audiences with the Queen and dinner at Downing Street, G-20 leaders could be forgiven a sense of anti-climax as they arrived for work Thursday for a summit heralding a "new era of international partnership," according to British Prime Minister Gordon Brown.

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Celebrity chef Oliver reveals menu for G-20 leaders

Celebrity Chef Jamie Oliver will serve a dinner of Scottish organic salmon, Welsh lamb and a traditional Bakewell Tart for G-20 leaders at the prime minister’s residence Wednesday. Oliver will use traditional ingredients and recipes inspired from England, Ireland, Scotland, Wales and the Channel Islands for the dinner at 10 Downing Street, a statement on his Web site said

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Rescue launched after helicopter ditches with 16 onboard

A helicopter believed to have 16 people aboard ditched Wednesday in the North Sea, 35 miles off the northeastern coast of Scotland, the Maritime & Coastguard Agency said. The announcement came after Obama and Medvedev met in London ahead of Thursday’s G-20 summit. The statement said the two leaders agreed that the Strategic Arms Reduction Treaty on the Reduction and Limitation of Strategic Offensive Arms — which expires in December — “has completely fulfilled its intended purpose and that the maximum levels for strategic offensive arms recorded in the treaty were reached long ago.” “They have therefore decided to move further along the path of reducing and limiting strategic offensive arms in accordance with U.S.

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