Shadow chancellor Ed Balls, who had called for the rise to be scrapped in an article for the Sun newspaper, described the move as a U-turn, but said he welcomed it.

BBC: Osborne postpones 3p fuel duty rise due in August

The chancellor's recent U-turn on fuel duty provoked many claims to fatherhood, from Conservative backbenchers to The Sun newspaper via the shadow chancellor and Plaid Cymru.

BBC: Regimental reprieve: politicians race to claim credit

The spreading of the cloud darkens the outlook for traditional hardware makers such as Dell, Hewlett-Packard and Sun Microsystems, which have already been buffeted by fears of a U.S. recession.

FORBES: Magazine Article

The groundbreaking ceremony for Kia's first U.S. plant, in Georgia, has been delayed because Chief Executive Chung Eui-Sun, son and heir apparent of the chairman, has been banned from leaving Korea during the current investigation.

FORBES: Red Tape