Oil holds steady at $133

May 26, 2008 on 10:47 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil was little changed at around $133 a barrel on Tuesday after news of another attack on Nigerian oil facilities refocused concerns on immediate supplies.

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Oil holds steady at $133

Asia stocks rebound but inflation fears remain

May 26, 2008 on 10:23 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian stocks rebounded on Tuesday from the previous day’s dip, as bargain hunters scoured the market after five days of losses, though rising inflation and high oil prices kept investors uncertain about the outlook.

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Asia stocks rebound but inflation fears remain

Ethanol boom brings change to Brazil cane growers

May 26, 2008 on 10:02 pm | In Business News | No Comments

SERTAOZINHO, Brazil (Reuters) - At the start of this year’s cane harvest at the Sao Francisco ethanol mill, workers gathered …

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Ethanol boom brings change to Brazil cane growers

Greenspan says recession still likely in U.S. - FT

May 26, 2008 on 8:16 pm | In Business News | No Comments

LONDON (Reuters) - Former Federal Reserve chairman Alan Greenspan was quoted on Tuesday as saying the United States was still more likely than not …

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Greenspan says recession still likely in U.S. - FT

Faster banking payment system goes live

May 26, 2008 on 7:44 pm | In Business News | No Comments

LONDON (Reuters) - A new service that will speed up the processing of banking payments went live on Tuesday.

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Faster banking payment system goes live

Nigeria signs funding deal with Shell

May 26, 2008 on 5:36 pm | In Business News | No Comments

ABUJA (Reuters) - Nigeria signed a $3.1 billion (1.6 billion pound) deal with the local arm of Royal Dutch Shell on Monday to plug a funding gap in their joint venture projects, the country’s state oil firm NNPC said.

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Nigeria signs funding deal with Shell

Nigeria signs $3.1 bln funding deal with Shell

May 26, 2008 on 4:01 pm | In Business News | No Comments

ABUJA (Reuters) - Nigeria on Monday signed a $3.1 billion (1.56 billion pounds) deal with the local arm of Royal Dutch Shell to plug a funding gap in their joint venture projects, the country’s state oil company NNPC said.

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Nigeria signs $3.1 bln funding deal with Shell

Defendant says Siemens unit bosses failed to stop bribes

May 26, 2008 on 3:09 pm | In Business News | No Comments

MUNICH, Germany (Reuters) - A former Siemens manager who built a system of slush funds and fake contracts for the engineering giant told a court he later tried to stop the systematic bribery but top managers failed to act.

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Defendant says Siemens unit bosses failed to stop bribes

UBS drags European stocks down in thin trade

May 26, 2008 on 12:37 pm | In Business News | No Comments

FRANKFURT (Reuters) - Fears of more asset writedowns at Swiss bank UBS weighed on Europe’s stock markets on Monday, leaving Switzerland’s benchmark SMI index in the red, while German and French stocks eked out minor gains.

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UBS drags European stocks down in thin trade

Oil above $133 on Nigeria, North Sea

May 26, 2008 on 11:43 am | In Business News | No Comments

LONDON (Reuters) - Oil rose above $133 on Monday as long-term supply concerns lingered and fresh production problems appeared in Nigeria and Norway.

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Oil above $133 on Nigeria, North Sea

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