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Italy Acquits Five in "God's Banker" Murder

Judge cites insufficient evidence in 25-year-old mafia hanging

(Newser) - A judge in Rome exonerated five suspects on trial for the 1982 murder of Roberto Calvi, citing a lack of evidence. Calvi—known as "God's banker" for his closeness to the Vatican— was found hanged under Blackfriars Bridge in London in a presumed suicide. Newly discovered forensic evidence led...

'No Go to the Logo,' Say Londoners

Olympics logo is making people not only furious but physically ill

(Newser) - Londoners loathe the logo unveiled Monday for the 2012 Olympics so much that 30,000 have already signed a petition demanding a new one. The jagged pink-and-orange rendition of 2012  took a brand-consultancy firm $800,000 and more than a year to design; Olympics organizers, calling it "dynamic" and...

Blaze Ravages London Clipper
Blaze Ravages London Clipper

Blaze Ravages London Clipper

A fire ravaged the historic Cutty Sark in Greenwich, London this morning

(Newser) - A fire ripped through London's historic Cutty Sark early this morning, nearly destroying the 138-year-old tea clipper. But an ongoing £25 million restoration saved the ship, which has drawn 15 million tourists to its south-east London dock since it opened in 1957. Much of its structural foundation, including its...

Bubbles Painter Washed Up No Longer
Bubbles Painter Washed Up
No Longer

Bubbles Painter Washed Up No Longer

Britain's Tate plans retrospective on soapy artist Millais

(Newser) - London's Tate Britain gallery is trying to rescue the cred of a Victorian painter whose best known work is synonymous with crass commercialism. Pre-Raphaelite John Everett Millais is best known for Bubbles, which he sold to the Pears Soap company to make it one of the most reproduced images in...

Fertilizer Bomb Suspects Convicted
Fertilizer Bomb Suspects Convicted

Fertilizer Bomb Suspects Convicted

After long trial and deliberations, five British citizens convicted of massive plot

(Newser) - A London jury brought in convictions today for five men in the 2004 fertilizer bomb plot that targeted hundreds of shoppers in a British mall. The plotters, all of them U.K. citizens, may get life in prison. Two other suspects were acquitted in the conspiracy, after a 27-day deliberation,...

Nasdaq Options Philly Mart
Nasdaq Options Philly Mart

Nasdaq Options Philly Mart

Eyes exchanges options business

(Newser) - The tech-heavy Nasdaq exchange is looking to expand into the options-trading market, and it's in talks with the Philadelphia Stock Exchange about a possible merger. Nasdaq's bid to buy the third-largest options trading exchange, valued at up to $300 million, comes as a number of bigger exchanges are on the...

UK About-Face On Sailors Selling Stories

Public outcry leads to ban on further embarrassing interviews

(Newser) - The British Ministry of Defense bowed to public opinion last night and banned further media deals for the sailors and marines released from captivity in Iran. The decision to let the detainees sell their stories had "not reached a satisfactory outcome," the defense secretary said.

Charges Filed in London Bombings
Charges Filed in London Bombings

Charges Filed in London Bombings

Three men charged with conspiracy in 2005 tube and bus attacks

(Newser) - Three men have been charged in the July 7, 2005 bombings of the London mass-transit system. The suspects, Waheed Ali, Sadeer Saleem, and Mohammed Shakil, are accused of conspiring with the terrorists who blew themselves up in the tube and on a bus, killing 52. Surveillance cameras recorded the men...

British Captives Standoff Stiffens
British Captives
Standoff Stiffens

British Captives Standoff Stiffens

Experts say there is no clear border between Iran and Iraqi waters

(Newser) - London and Tehran and ratcheted up the rhetoric over the 15 British soldiers being held captive in Iran yesterday, the LA Times reports: Britain got the UN Security Council to issue a statement of "grave concern," while Tehran released more video of sailors professing guilt and issued charts...

Iran Promises Female Soldier's Release

Britain steps up pressure by freezing business activity

(Newser) - Iran promised to release by Friday the female sailor captured along with 15 men in a British patrol boat last week. England stepped up pressure to free  the soldiers by cutting off "bilateral business" and publicizing secret documents which mark its boat nearly two miles from Iranian waters at...

Financial Action Flees to London
Financial Action Flees
to London

Financial Action Flees to London

Goldman Sachs is now doing as much business abroad as on Wall Street

(Newser) - Wall Street’s position as the center of the financial universe—unchallenged for more than a century—is under serious threat from the City of London, according to John Gapper. London is catching up with Gotham in bond trading, already ahead in derivatives and the place to be for really...

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