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Business News - Business, Finance, Economy

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Oil Falls 3 Percent as China Hikes Fuel Prices

Thursday, June 19, 2008 5:11:00 PM

Oil prices plunged more than 3 percent on Thursday on concerns that a move by China to raise fuel prices would curb demand in the world's second largest oil consumer. Full Story

UBS Banker Pleads Guilty to U.S. Tax Evasion Scheme

Thursday, June 19, 2008 5:11:00 PM

FORT LAUDERDALE, Fla.—UBS AG banker pleaded guilty in federal court on Thursday to helping an unidentified billionaire real estate developer hide $200 million in assets from U.S. tax authorities.Bradl ... Full Story

John Lowe, Debt and Debt Advice

Wednesday, June 18, 2008 5:52:00 PM

DEBT ADVICEQuestionHelp! My husband and I have dug ourselves into a financial hole. With spiralling bills, the rising price of our weekly shop and increasing interest rates that have pus ... Full Story

IKEA Gives Generously at Brooklyn Grand Opening

Wednesday, June 18, 2008 5:23:00 PM

IKEA is opening its 35th store in the USA, in Red Hook village in Brooklyn. Full Story

Megabus.com Offers Double-Decker Discount Service

Wednesday, June 18, 2008 5:13:00 PM

With gas prices rapidly approaching an alarming $5 per gallon, a bus service that charges each passenger $1 for city-to-city service may seem more like a dream. Full Story

UK's Darling Unveils Bank of England Shake-up

Wednesday, June 18, 2008 5:12:00 PM

LONDON—Bank of England Governor Mervyn King will be held to account by a new Financial Stability Committee as the central bank faces its biggest shake-up since it was made independent by the Labour go ... Full Story

SAIC to Resume Making MG Sports Cars in UK

Tuesday, June 17, 2008 5:14:00 PM

SAIC Motor Corp Ltd, China's top automaker, plans to resume making MG sports cars in Britain in August, its president said on Tuesday. Full Story

Shell Won't Challenge Takeover of Nigeria Oil Wells

Tuesday, June 17, 2008 5:11:00 PM

Royal Dutch Shell said on Tuesday it will not mount a legal challenge to the Nigerian government's plan to take over its oilfields in Ogoniland later this year. Full Story

EU Stumbles on Buying Microsoft Alternatives

Tuesday, June 17, 2008 5:10:00 PM

BRUSSELS—The European Commission, a thorn in Microsoft's side for its antitrust campaigns against the software giant, is falling short in its own internal attempt to promote more competition in th ... Full Story

Oil Dips, Saudi Arabia Poised to Boost Output

Monday, June 16, 2008 5:25:00 PM

Oil prices eased on Monday as top world producer Saudi Arabia appeared poised to boost production to the highest level in decades to ease a record rally that has threatened global economic growth. Full Story

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