Oil past $127 on supply fears

May 19, 2008 on 11:20 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil extended its rally on Tuesday past $127 a barrel, driven by renewed fears of supply disruption and OPEC’s reluctance to raise output …

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Oil past $127 on supply fears

Manitowoc trumps rival with 1.8 bln pound bid for Enodis

May 19, 2008 on 4:22 pm | In Business News | No Comments

LONDON (Reuters) - U.S. diversified manufacturer Manitowoc has raised its bid for British kitchen equipment maker Enodis to 1.08 billion pounds ($2.1 billion) to trump a rival offer.

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Manitowoc trumps rival with 1.8 bln pound bid for Enodis

British Airways CEO sees more bankruptcies and mergers

May 19, 2008 on 3:45 pm | In Business News | No Comments

NEW YORK (Reuters) - British Airways’ chief executive expects more failures and more mergers in the air industry this year as carriers face the challenges of soaring oil prices and a weak U.S. economy.

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British Airways CEO sees more bankruptcies and mergers

Manitowoc trumps rival with Enodis bid

May 19, 2008 on 1:08 pm | In Business News | No Comments

LONDON (Reuters) - U.S. diversified manufacturer Manitowoc has raised its bid for UK kitchen equipment maker Enodis to 1.08 billion pounds to trump a rival offer.

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Manitowoc trumps rival with Enodis bid

FTSE rallies again as commodities rise

May 19, 2008 on 12:49 pm | In Business News | No Comments

LONDON (Reuters) - British blue-chip shares rose on Monday for the fourth day in a row, hitting their highest close in over four months, driven by commodity stocks as crude oil held within sight of recent record highs and as positive broker comment helped miners.

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FTSE rallies again as commodities rise

Thomson Reuters to cut 140 journalist jobs

May 19, 2008 on 11:56 am | In Business News | No Comments

NEW YORK (Reuters) - Global information company Thomson Reuters Corp plans to cut 140 editorial jobs by the end of the year as its Reuters news service absorbs …

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Thomson Reuters to cut 140 journalist jobs

Citigroup may cut up to 700 UK jobs

May 19, 2008 on 11:52 am | In Business News | No Comments

LONDON (Reuters) - Citigroup, which unveiled a radical overhaul earlier this month, could cut almost a quarter of jobs in its UK consumer business as it focuses on its Citi and Egg brands, closing off lending through two other units.

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Citigroup may cut up to 700 UK jobs

Citi to focus on Citi and Egg brands in UK

May 19, 2008 on 10:35 am | In Business News | No Comments

LONDON (Reuters) - Citigroup plans to focus its UK consumer business on its Citi and Egg brands and will stop new lending through intermediary arm Future Mortgages and personal loans business CitiFinancial, it said …

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Citi to focus on Citi and Egg brands in UK

Oil below $127 as OPEC says world has enough supply

May 19, 2008 on 10:23 am | In Business News | No Comments

LONDON (Reuters) - Oil fell below session highs on Monday, after OPEC’s president said the producer group would not call an early meeting and was unlikely even at its …

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Oil below $127 as OPEC says world has enough supply

BoE minutes expected to show 8-1 vote to hold rates

May 19, 2008 on 9:45 am | In Business News | No Comments

LONDON (Reuters) - Minutes of the Bank of England’s May 7-8 policy meeting on Wednesday are expected to show only arch-dove David Blanchflower voted for an interest rate cut this month.

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BoE minutes expected to show 8-1 vote to hold rates

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