News Headlines - 27 March 2012

▽Strauss-Kahn warned over alleged prostitution ring - CNN
http://edition.cnn.com/2012/03/26/world/europe/france-dsk-court/?hpt=hp_t1
Former International Monetary Fund chief Dominique Strauss-Kahn was charged in France on Monday with "aggravated pimping" for his alleged participation in a prostitution ring, prosecutors said.

▽Royal Mail to deliver IPO in 2013 - Financial Times
http://www.ft.com/intl/cms/s/0/a43beb3e-7525-11e1-90d1-00144feab49a.html#axzz1qJLTjIri
The coalition government aims to begin the privatisation of Royal Mail by selling or floating at least part of it in autumn 2013 if the state-owned postal operator’s finances continue to improve.

▽Game and Gamestation stores in London close down after retailer’s collapse - London24
http://www.london24.com/news/business/game_and_gamestation_stores_in_london_close_down_after_retailer_s_collapse_1_1331480
Administrators at PwC said 277 stores in the UK and Ireland are to shut but the remaining 333 stores, which employ 2,814 staff, will continue to trade while they try to find a buyer for the remainder of the business.

▽Up to 50000 migrants exploited student visa scheme - Channel 4 News
http://www.channel4.com/news/up-to-50-000-migrants-exploited-student-visa-scheme
In its first year, up to 50,000 migrants may have used flaws in the student visa system to come to the UK for work, the public spending watchdog says.

▽Whisky growth pushes Scots food and drink exports to record high - BBC
http://www.bbc.co.uk/news/uk-scotland-scotland-business-17522644
A strong performance by the whisky industry helped push Scottish food and drink exports to an all-time high last year.