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Oil slides as recession fears mount

SINGAPORE (Reuters) - Crude oil prices extended their overnight slide by another dollar on Thursday, as fears that global energy consumption could contract if the United States slips into a recession gathered pace.

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Oil slides as recession fears mount

U.S. mortgage lenders to pump 100 bln pounds into markets

WASHINGTON (Reuters) - Two U.S. home financing heavyweights won government approval on Wednesday to pump $200 billion more into troubled U.S. mortgage markets, the latest step to stabilize credit markets and avert a deep recession.

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U.S. mortgage lenders to pump 100 bln pounds into markets

Confidence dives as UK scraps drug pricing scheme

LONDON (Reuters) - Pharmaceutical companies have lost confidence in investing in Britain following a decision by the government to scrap a 50-year-old drug pricing mechanism, according to a survey released on Thursday.

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Confidence dives as UK scraps drug pricing scheme

Best hope for Bear investors: more money from JPM

NEW YORK (Reuters) - Bear Stearns Cos shareholders like tycoon Joseph Lewis are hoping that another suitor will emerge to challenge JPMorgan Chase & Co , but their best hope may be prying a few extra dollars from JPMorgan itself, analysts said.

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Best hope for Bear investors: more money from JPM

Best hope for Bear investors is more money from JPM

NEW YORK (Reuters) - Bear Stearns Cos shareholders may be hoping that another suitor will emerge to challenge JPMorgan Chase & Co , but perhaps their best hope of getting a higher price is prying a few extra dollars from JPMorgan itself, analysts said.

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Best hope for Bear investors is more money from JPM

Russian police raid BP venture and question managers

MOSCOW (Reuters) - Russian police on Wednesday raided offices of oil major BP and its venture TNK-BP and questioned managers, in a move likely to spark concerns about the Kremlin’s new asset-grab campaign.

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Russian police raid BP venture and question managers

Barker says housing hit by credit crunch

CHELMSFORD (Reuters) - The credit crisis is making it more difficult for consumers to buy homes and affordability is unlikely to improve even if house prices fall this year, Bank of England policy-maker Kate Barker said on Wednesday.

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Barker says housing hit by credit crunch

Barker says housing affordability unlikely to improve

CHELMSFORD (Reuters) - Homes are unlikely to become more affordable this year even if house prices fall, Bank of England policymaker Kate Barker said on Wednesday.

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Barker says housing affordability unlikely to improve

Oil falls 4.5 pct as dealers eye weak U.S. demand

NEW YORK (Reuters) - Crude prices fell 4.5 percent on Wednesday on concerns that a big U.S.-led economic slowdown could further undermine global energy demand.

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Oil falls 4.5 pct as dealers eye weak U.S. demand

Cadbury lays out share split

LONDON (Reuters) - Cadbury Schweppes set out plans on Wednesday to split its shares after the demerger of its drinks business, and said a strong start to the year by its confectionary division had not been matched by the drinks unit.

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Cadbury lays out share split