Oil steady above $126

May 11, 2008 on 11:02 pm | In Business News | No Comments

PERTH (Reuters) - Oil hovered close to record levels above $126 a barrel on Monday as violence in the Middle East heightened worries of supply disruptions in the world’s largest crude producing region.

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Oil steady above $126

Stocks sag on economic uncertainty

May 11, 2008 on 11:01 pm | In Business News | No Comments

SINGAPORE (Reuters) - Stocks fell on Monday, weighed down by uncertainty over the health of the U.S. economy and surging oil and commodity prices, while Japanese …

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Stocks sag on economic uncertainty

Tide may be turning for dollar

May 11, 2008 on 11:08 am | In Business News | No Comments

LONDON (Reuters) - The tide may be turning at last for the U.S. dollar after seven years of decline as policymakers recognise the inflationary threat of an endlessly weakening greenback, whose losses have driven up oil and commodity prices.

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Tide may be turning for dollar

Ryanair says plans to halve ticket prices

May 11, 2008 on 10:55 am | In Business News | No Comments

FRANKFURT (Reuters) - Ryanair , Europe’s largest budget airline, plans to cut its ticket prices by half despite soaring fuel prices, helping it grow substantially, the company’s …

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Ryanair says plans to halve ticket prices

BA seeks chief operations officer

May 11, 2008 on 8:19 am | In Business News | No Comments

LONDON (Reuters) - British Airways is seeking to fill a new role of chief operations officer to replace two executives who …

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BA seeks chief operations officer

BT in talks to sell UK data centres to HP

May 11, 2008 on 8:12 am | In Business News | No Comments

LONDON (Reuters) - BT Group is in talks to sell its British data centres to the U.S. computer firm Hewlett-Packard for 1.5 billion pounds, the Sunday Times reported.

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BT in talks to sell UK data centres to HP

Vodafone says not pursuing MTN bid

May 11, 2008 on 6:10 am | In Business News | No Comments

LONDON (Reuters) - Vodafone Group , the world’s largest mobile phone group by revenue, has no intention of pursuing a bid for the South African company MTN , a spokesman said on Sunday.

Vodafone says not pursuing MTN bid

Citigroup eyes selling Japan consumer unit

May 11, 2008 on 1:29 am | In Business News | No Comments

TOKYO (Reuters) - Citigroup is considering selling its Japanese consumer finance company CFJ KK or cutting the unit’s business significantly as part of its plans to shed assets, Japanese daily Nikkei reported on Sunday.

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Citigroup eyes selling Japan consumer unit

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