Reuters: Business

Yearly Archives: 2007, 2008

U.S. stocks lifted by surge in oil

35 minutes ago

NEW YORK (Reuters) - Oil prices jumped almost 5.0 percent on Thursday in a big bounce in commodities that ignited inflation fears and sent bond prices lower, but oil's rally gave energy shares such a jolt they turned …
Bankers struggle with B&B rump as shares languish

6 hours ago

LONDON (Reuters) - Top banks that agreed to provide a safety net in Bradford & Bingley's cash call could end up with a stake of almost 20 percent, as the lender's shares languish and the Friday deadline for …
SSE hikes gas and power prices

6 hours ago

LONDON (Reuters) - Scottish and Southern Energy is to increase its gas prices for residential customers by an average of 29.2 percent and power prices by 19.2 percent from Monday, the company said on Thursday afternoon.
SSE hikes gas prices and power

8 hours ago

LONDON (Reuters) - Scottish and Southern Energy is to increase its gas prices for residential customers by an average of 29.2 percent and power prices by 19.2 percent from Monday, the company said on Thursday afternoon.
Oil rises to $119 on Russia-U.S. tension

8 hours ago

SINGAPORE (Reuters) - Oil raced above $116 a barrel on Thursday, a third straight day of gains, on supply concerns after Russia expressed its displeasure over a U.S.-Poland defence pact.