Nasdaq came alive this morning when Facebook officially launched its long awaited IPO with shares in the company to be sold at £24 per share. The first offering of the social-networking giant will help raise £10 billion in cash instantly and will help value the company at a staggering £66 billion. The company’s founder and CEO, Mark Zuckerberg’s 30 million shares are a part of the first IPO and will…

Spanish giants Barcelona have lined up Didier Drogba for their next “hot transfer” by offering him a two-year deal worth up to £ 5million a season. Tito Vilanova, the new boss expected to succeed Pep Guardiola after their Copa Del Rey final against Athletic Bilbao next week, is keen to cover David Villa with a world-class striker. A Barcelona source confirmed, “What the team needs is an attacking player who…

Leader of the Opposition Ed Miliband will announce the launch of a new programme called NHS Check that will empower nurses to protest against the government’s proposed layoff measures. At the Royal College of Nursing Congress in Harrogate, Miliband will underscore the David Cameron government’s failure to provide adequate and timely care to millions of patients seeking treatment with the NHS. Under NHS Check, nurses and other healthcare staff will…

A new research by the Royal College of Nursing (RCN) claims that 26,000 nursing jobs at NHS have been laid off over the last two years, with a further 35,000 set to go in the future. The study involving 2,600 community nurses, who were provided with a questionnaire, found that only one in 10 said they had enough time to meet patient needs. Nine out of 10 community nurses reportedly…

Tragedy struck at Derby when a fire engulfed a home of six children on Friday, claiming its last victim – 13-year-old Duwayne Philpott, after killing five of his siblings. The Derbyshire police reported that Duwayne Philpott, who was left critically ill after the fire mishap, died early this morning at Birmingham’s Children’s hospital after his parents opted for mercy killing. The fire spread through the semi-detached home in the early…

  Prime Minister David Cameron assures that he will “co-operate fully” with the Leveson inquiry panel and is prepared to provide complete evidence, including the text messages he and former News International CEO Rebekah Brooks shared between each other, if he is asked to do so. However, Brooks told the jury today that she does not retain possession of the emails because her work email account was blocked following her…

Derbyshire Police have arrested a woman on suspicion of murdering five children, aged between five and 10 years, who died in a house fire in Victory Road, Allenton, Derby. The news of the arrest was revealed at a press conference by Derbyshire’s Assistant Chief Constable Steve Cotterill but he pressed that detectives were keeping an open mind about the cause of the fire. According to the reports, the children were asleep when the fire began…

With spiralling inflation already taking a toll on the pubblic, now the National Audit Office has found that each job created under a flagship government work scheme costs up to £200,000 and is funded by taxpayers. The National Audit Office in a report revealed that the Regional Growth Fund, which was designed to help businesses create private sector jobs in the UK with high levels of public sector employment, has failed to achieve value for money. NAO…

As preparations for 2012 London Olympic step up in the UK capital, the traditional ceremony of lighting the Olympic flame came to a flawless end in Greece today, officially ticking the countdown to the Games. The traditional ceremony took place in front of the ruins of the Temple of Hera in Greece, the birthplace of the Ancient Games. London 2012 chairman Lord Coe and IOC president Jacques Rogg watched performers completing the elaborate torch-lighting routine wearing ancient costume. Greek actress Ino…

Actor Sean Bean, who was arrested yesterday over claims that he harassed his former wife Georgina Sutcliffe and sent her abusive texts and calls, had his fingerprints and DNA taken before a pre-arranged interview with police officers. “A 53-year-old man attended a central London police station by appointment… where he was arrested and bailed pending further inquiries. He was arrested on suspicion of harassment”, said a Scotland Yard spokesman. The Game of Thrones…