Inflation-wary Fed looks ahead to rate increases

May 28, 2008 on 11:45 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Two Federal Reserve policy makers warned on Wednesday that interest rate increases might be needed before too long to curb inflation, even as the United States struggles with a weak economy.

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Inflation-wary Fed looks ahead to rate increases

Inflation-wary Fed looks ahead to rate hikes

May 28, 2008 on 10:04 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Two Federal Reserve policy-makers warned on Wednesday that interest rate increases might be needed before too long to curb inflation, even as the United States struggles with a weak economy.

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Inflation-wary Fed looks ahead to rate hikes

Clear Channel says takeover deal to close end

May 28, 2008 on 7:56 pm | In Business News | No Comments

SAN FRANCISCO (Reuters) - Clear Channel Communications Inc. said on Wednesday that its $17.9 billion (9 billion pounds) takeover by private equity funds Thomas H. Lee Partners and Bain Capital is now fully funded in escrow with the Bank of New York.

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Clear Channel says takeover deal to close end

Origin set to accept improved BG bid

May 28, 2008 on 5:38 pm | In Business News | No Comments

SYDNEY (Reuters) - Origin Energy Ltd , an Australian power producer and retailer, is poised to accept an improved bid from Britain’s BG Group , …

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Origin set to accept improved BG bid

Shell quits UK windfarm

May 28, 2008 on 1:47 pm | In Business News | No Comments

LONDON (Reuters) - Royal Dutch Shell was disappointed to pull out of a big UK windfarm project after rising costs, and its Canadian oil sands projects were “not a good …

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Shell quits UK windfarm

Oil rebounds over $130 a barrel

May 28, 2008 on 1:45 pm | In Business News | No Comments

LONDON (Reuters) - Oil rose over $130 a barrel on Wednesday, rebounding from a sharp drop that had been triggered by concerns about Asian demand.

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Oil rebounds over $130 a barrel

FTSE ends three-day losing run

May 28, 2008 on 12:34 pm | In Business News | No Comments

LONDON (Reuters) - The top share index edged up on Wednesday to snap a three-session losing run as Admiral Group led insurers higher and Vodafone rebounded, offsetting weakness in banking and oil stocks.

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FTSE ends three-day losing run

Bank charges and PPI insurance complaints jump

May 28, 2008 on 11:51 am | In Business News | No Comments

LONDON (Reuters) - Britons made a record number of complaints about financial services provision last year, driven by objections about bank account charges and payment protection insurance.

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Bank charges and PPI insurance complaints jump

Abbey ups mortgage rates on rising borrowing costs

May 28, 2008 on 10:27 am | In Business News | No Comments

LONDON (Reuters) - Abbey has raised rates on some fixed-rate mortgages by up to 0.44 percent on the back of rising borrowing costs, just a week after …

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Abbey ups mortgage rates on rising borrowing costs

UK says will advertise soon for N. Rock valuer

May 28, 2008 on 8:46 am | In Business News | No Comments

LONDON (Reuters) - The Treasury has dismissed speculation it is struggling to find an independent valuer to assess compensation payments to Northern Rock shareholders, saying it would advertise for the position soon.

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UK says will advertise soon for N. Rock valuer

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