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According to the official reports, Project Prevention, which offers alcoholics and drug abusers women money if they are sterilized, has begun operating in Britain.

It has received almost $20,000 from an anonymous donor. The group is offering 200 pounds ($350) to drug abusers who agree to sterilization, the organization said.

The Sub-prime lender of the country Kensington has been fined by the Financial Services Authority (FCA) for levying unfair excessive charges from its customers.

The mortgage company has to pay £1.2million towards fine and will pay out additional £1.1million to the customers who have been sufferer of this unfair treat. Kensington has been accused of being unfair to its customers when they have fallen behind on their mortgage repayments.

The manufactures of appliances, Sharp has announced that it is coming up with its all new 3D LCD TV soon. The television will be the world's first ever four-primary-color 3D LCD TV. The set will use red (R), green (G), blue (B) and yellow (Y) to produce color images.

The company officials have informed that the new LCD set will have a significantly brighter screen than that of its competitors in the market and it boasts of brighter and more vivid colors. The TV is going to hit the market by later half of this year.

Adobe has decided to upgrade its software to compete with Apple. The recent iPad from Apple has become the sensation in the gadget market. Earlier Apple Chief Steve Jobs has blamed Adobe being too slow for its mobile devices.

However, Chief Executive Officer of Adobe Shantanu Narayen has announced a new version of Creative Suite from his company. The sites are going to more interactive by five groupings of as many as 15 programs.

Indian energy giant Reliance Industries will pay $1.7 billion to Atlas Energy of US. Both the companies have tied up for a joint venture. Atlas Energy is known to govern the most promising natural gas deposit regions in US. It has been expected that the Indian company will pick up 40 pct in Atlas Energy's acreage.

A huge public outcry has been reported over the jewel of British business industry, Cadbury's £11.4 billion sale to US-based Kraft Foods.

The outcry persuaded the Labor Party to draft a "Cadbury Law" in order to protect the takeover.

The selling of British companies to foreign bidders has become a regular practice in the recent years. The recent deals include Corus being sold out to India's Tata Steel, Spain's' Santander takeover of Abbey National, Scottish and Newcastle buying out Carlsberg and Heineken, to name a few.