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Oil dips as dollar gains counter Nigeria supply fears

SINGAPORE (Reuters) - Oil was a touch easier on Friday after a volatile previous session when the market grappled with supply worries in Nigeria, the world’s 8th-largest producer, and a firmer U.S. dollar.

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Oil dips as dollar gains counter Nigeria supply fears

Babcock shares dive for a second day on debt worry

SYDNEY (Reuters) - Shares in Australian investment firm Babcock & Brown plunged by a third on Friday, taking losses to over 50 percent in two days, as concerns mounted about the company’s debt and ability to raise funds.

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Babcock shares dive for a second day on debt worry

Babcock and Deutsche group to buy Angel

SYDNEY (Reuters) - A fund managed by Australia’s Babcock & Brown and Deutsche Bank will buy UK train leasing company Angel Trains from Royal Bank of Scotland for about $7 billion (3.6 billion pounds) including debt, a …

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Babcock and Deutsche group to buy Angel

Reports say EDF may raise British Energy bid

PARIS (Reuters) - French power group EDF may be ready to raise its 11 billion pound offer for British Energy if the UK nuclear power group recommends its offer quickly, the Financial Times said on its website.

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Reports say EDF may raise British Energy bid

Yahoo in Google ad deal

NEW YORK/SAN FRANCISCO (Reuters) - Yahoo and Microsoft ended talks as the Web pioneer agreed to let archrival Google sell search ads on its site, the companies said on Thursday.

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Yahoo in Google ad deal

Yahoo talks fail but Google deal expected

SAN FRANCISCO/SEATTLE (Reuters) - Yahoo and Microsoft have failed to agree on a partnership or merger, the companies said on Thursday, sending Yahoo shares down 13 percent.

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Yahoo talks fail but Google deal expected

Oil rises on Nigeria strike threat

NEW YORK (Reuters) - Oil prices rose on Thursday after concerns about a possible strike in Nigeria, Africa’s top producer, stirred supply worries.

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Oil rises on Nigeria strike threat

Oil slips as dollar gains on retail sales

NEW YORK (Reuters) - Oil prices slipped on Thursday after stronger-than-expected U.S. retail sales data boosted the dollar.

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Oil slips as dollar gains on retail sales

FTSE ends higher on banks

LONDON (Reuters) - The blue chip share index jumped 1.2 percent on Thursday, its strongest showing in six weeks, as rebounding banks and mining stocks offset a slump in Carphone Warehouse and weaker retailers.

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FTSE ends higher on banks

Pound hits four-week low

LONDON (Reuters) - The pound slid to a four-week low versus the dollar on Thursday as the U.S. currency rose broadly on growing speculation of monetary tightening from the Federal Reserve while fears on Britain’s economy weighed on the pound.

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Pound hits four-week low