High lead levels in children near Xstrata mine-report

May 21, 2008 on 11:11 pm | In Business News | No Comments

SYDNEY (Reuters) - Forty five children living in the Australian mining town of Mount Isa, where Xstrata produces 4 percent of the world’s lead, have blood lead levels above World Health Organisation standards, a report said on Thursday.

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High lead levels in children near Xstrata mine-report

BP natgas exec says prices “need” to stay high

May 21, 2008 on 8:58 pm | In Business News | No Comments

CHICAGO (Reuters) - A senior executive for BP Energy North America said Wednesday natural gas prices need to remain in their current range near $11 per million British thermal units in order to support necessary investment in infrastructure and promote further development.

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BP natgas exec says prices “need” to stay high

Microsoft to offer money for search engine use

May 21, 2008 on 7:26 pm | In Business News | No Comments

REDMOND, Washington (Reuters) - Microsoft said on Wednesday it launched a new “cashback” search service that pays users a rebate for buying products they found through the company’s Windows Live search engine.

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Microsoft to offer money for search engine use

Banks back in court over charges

May 21, 2008 on 7:10 pm | In Business News | No Comments

LONDON (Reuters) - Customers could learn later on Thursday whether banks are to appeal against a ruling that potentially paves the way for …

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Banks back in court over charges

Fed lowers growth forecast

May 21, 2008 on 6:36 pm | In Business News | No Comments

WASHINGTON (Reuters) - The Federal Reserve on Wednesday slashed its U.S. economic growth forecast for 2008 and signalled that mounting concerns over inflation would make further interest rate cuts unlikely.

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Fed lowers growth forecast

Oil surges over $134 on supply woes

May 21, 2008 on 5:33 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices surged $5 to a record over $134 a barrel on Wednesday after a U.S. government report showed a surprise drop in crude stockpiles, reinvigorating fears of a supply crunch.

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Oil surges over $134 on supply woes

American Airlines to slash jobs

May 21, 2008 on 4:50 pm | In Business News | No Comments

FORT WORTH, Texas (Reuters) - American Airlines’ shares fell 24 percent on Wednesday as it said it will cut thousands of jobs, retire old aircraft and charge passengers to check bags in a move to counter record fuel prices and a weak U.S. economy.

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American Airlines to slash jobs

Oil surges near $134 on supply woes

May 21, 2008 on 4:47 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices surged nearly $5 to a record near $134 a barrel on Wednesday after a U.S. government report showed a surprise drop in crude stockpiles, reinvigorating fears of a supply crunch.

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Oil surges near $134 on supply woes

Oil surges near $134 on supply woes, weak dollar

May 21, 2008 on 3:49 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices surged nearly $5 to a record near $134 a barrel on Wednesday after a U.S. government report showed a surprise drop in crude stockpiles, reinvigorating fears of a supply crunch.

Oil surges near $134 on supply woes, weak dollar

American Airlines to slash jobs, charge for bags

May 21, 2008 on 3:28 pm | In Business News | No Comments

FORT WORTH, Texas (Reuters) - American Airlines will cut thousands of jobs, retire old aircraft and charge passengers to check bags in a move to counter record fuel prices and a weak U.S. economy, the company said on Wednesday.

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American Airlines to slash jobs, charge for bags

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