Oil inches back from profit-taking

May 22, 2008 on 11:13 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil edged up on Friday, recovering from a strong bout of profit-taking in the previous session when it traded above $135 a barrel for the first time.

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Oil inches back from profit-taking

Oil spike rocks airlines

May 22, 2008 on 7:15 pm | In Business News | No Comments

SINGAPORE/PARIS (Reuters) - Airlines around the world braced for slower growth, tighter earnings and deeper cost cutting due to surging fuel prices on Thursday and Air France-KLM warned of lower profits.

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Oil spike rocks airlines

News Corp to move Journal from financial district

May 22, 2008 on 6:28 pm | In Business News | No Comments

NEW YORK (Reuters) - The Wall Street Journal is moving uptown.

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News Corp to move Journal from financial district

Ford abandons 2009 profit goal

May 22, 2008 on 5:48 pm | In Business News | No Comments

DETROIT (Reuters) - Ford warned on Thursday that it no longer expected to meet a key target of returning to profitability in 2009 and would cut production through this year in response to a slumping U.S. auto market.

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Ford abandons 2009 profit goal

Berezovsky to press on with suit despite setback

May 22, 2008 on 5:31 pm | In Business News | No Comments

LONDON (Reuters) - Former Russian “oligarch” Boris Berezovsky vowed on Thursday to press on with a lawsuit against billionaire rival Roman Abramovich despite suffering a setback in a British court.

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Berezovsky to press on with suit despite setback

News Corp to move Journal from Wall Street

May 22, 2008 on 5:17 pm | In Business News | No Comments

NEW YORK (Reuters) - The Wall Street Journal is moving uptown.

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News Corp to move Journal from Wall Street

Oil pulls back after hitting record

May 22, 2008 on 3:47 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices pulled back sharply from a record above $135 (68.2 pounds) a barrel on Thursday as dealers took profits from a dazzling rally and a recovering U.S. dollar dampened commodities markets.

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Oil pulls back after hitting record

Oil pulls back after topping record $135

May 22, 2008 on 12:46 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices pulled back from a record $135 a barrel on Thursday as dealers took profits from a dazzling rally as a recovering U.S. dollar dampened all commodities markets.

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Oil pulls back after topping record $135

Oils drive FTSE to 3-week closing low

May 22, 2008 on 12:08 pm | In Business News | No Comments

LONDON (Reuters) - The FTSE edged down on Thursday in a volatile session as oil shares slipped back, outweighing gains in miners and Vodafone .

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Oils drive FTSE to 3-week closing low

LSE shares fall despite profit growth

May 22, 2008 on 12:04 pm | In Business News | No Comments

LONDON (Reuters) - The London Stock Exchange Group on Thursday reported a 56 percent annual operating profit growth but its shares fell about 5 percent on fears that growth rate would slow amid intensifying competition.

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LSE shares fall despite profit growth

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