Blue Kong

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Editors’ choice: The best of the bestseller lists

<b>1.</b> <b>The Cuckoo's Calling</b> <i>By Robert Galbraith (Mulholland Books, $29)</i><p>A troubled private investigator, a supermodel's suspicious death, a moderately successful thriller – until it is revealed that "Robert Galbraith" is none other than that prose wizard herself, J.K. Rowling. The <i>Harry Potter</i> author has …

Thanks to EU guest workers, the US and UK are going opposite directions on immigration policy

Why are the immigration debates in the United Kingdom and the United States going in opposite directions? Part of the answer is in the chart above: During a time of economic trouble, Britain saw a surge in foreign workers that the US did not.<p>In the UK, where restricting immigration is popular, the …

Immigration

UK inflation falls in July but consumers still under pressure

Inflation fell in July but remains well in excess of pay rises for the average British worker, leaving many households struggling with falling incomes.<p>The consumer price index (CPI) measure of the cost of living remained well above the Bank of England's government-set target, at 2.8%, while the …

BlackBerry is not Nokia. It still has unique and valuable assets

Top tech companies can implode in a hurry when their must-have gadgets are suddenly outclassed by a smart competitor or, worse, deemed unfashionable.<p>It happened to Nokia, once the planet's leading mobile phone company. In 2007, the year Apple launched the iPhone, Nokia shares traded as high as $40 …

Bank branch cull in 'lull before the storm'

Figures compiled by the European Central Bank show the number of branches across the UK has fallen by 557 since the financial crisis struck five years ago.<p>Britain's High Street bank network is in the "lull before the storm" of branch closures gathers pace, campaigners warned today.<p>The prediction …

China set to overtake US as world's largest oil importer by October

EIA says rising Chinese demand and increased US production will fuel shift in global markets<p>China is on the cusp of overtaking the United States as the world's largest importer of oil, according to the latest projections from the US Energy Information Administration (EIA). In a report published …

China's Sina in surprise loss after Alibaba deal

<b>Sina Corp, which runs China's biggest micro-blogging site, posted a surprise loss in the second quarter as it looks to increase its mobile offering.</b><p>The company posted a net loss of $11.5m (£7.4m) compared to a profit of $33.2m a year earlier, it said in a statement.<p>Many analysts were expecting a …