Fast BG Info

Historic Facebook debut falls flat

(Reuters) - The historic initial public offering of Facebook Inc did not go as planned on Friday, as the social networking company's sky-high valuation combined with trading glitches left the stock languishing near its offering price at the market close.

Facebook shares began trading late Friday morning and opened 11 percent above the $38 (24 pounds) offering price, but after peaking at about $45 slid rapidly at the end of the day to close at $38.23. The IPO was the third-largest in U.S. ...

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Flame for London Games arrives in Britain

(Reuters) - The flame for the London Olympics burned brightly on British soil on Friday after David Beckham stepped off a special flight from the Games birthplace of Greece to light a cauldron with a golden torch.

The British Airways 'Firefly' Flight 2012 from Athens landed on time at the Culdrose naval air station with Britain's Princess Anne, Games chairman Seb Coe and the former England soccer captain among the delegation.

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No Safe Haven on the Euro Fringe

By Harvey Morris, International Herald Tribune

How many Danish krone to the Bulgarian lev ? Give up? Well, for the benefit of any Danes who might be planning a trip to Bulgaria , it is a little over 3.8 to 1. For now, that is.

Denmark and Bulgaria are among 10 members of the 27-member European Union that do not use the euro . You might be tempted to think the outsiders would be feeling quite smug right now, as they contemplate from afar the anguish of the single currency.

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