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Oil rises $1 on supply concerns
July 1, 2008 on 11:40 pm | In Business News | No CommentsSINGAPORE (Reuters) - Oil rose more than $1 a barrel on Wednesday, within sight of Monday’s record high above $143 on forecasts that global supply will lag demand and expectations the European Central Bank will raise interest rates later this week.
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Oil rises $1 on supply concerns
U.S. wins court order for UBS Swiss bank records
July 1, 2008 on 8:30 pm | In Business News | No CommentsWASHINGTON (Reuters) - A federal judge in Miami has authorized U.S. officials to seek information from UBS AG about U.S. taxpayers suspected of using Swiss bank accounts to evade income taxes, part of a probe that could crack open Switzerland’s tradition of bank secrecy.
Petrol prices hit out-of-town shopping
July 1, 2008 on 8:08 pm | In Business News | No CommentsLONDON (Reuters) - Britons are cutting back on trips to out-of-town retail parks due to rising petrol prices and doing more of their shopping on the Internet, according to the latest retail trends survey from Experian.
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Petrol prices hit out-of-town shopping
AstraZeneca wins legal round in Teva Seroquel row
July 1, 2008 on 5:39 pm | In Business News | No CommentsWASHINGTON (Reuters) - Teva Pharmaceutical Industries Ltd said on Tuesday that AstraZeneca Plc won the latest court battle in their patent dispute over a generic version of AstraZeneca’s blockbuster schizophrenia drug.
U.S. gets court order for UBS Swiss bank records
July 1, 2008 on 4:31 pm | In Business News | No CommentsWASHINGTON (Reuters) - A federal judge in Miami authorized the Internal Revenue Service to request information from UBS AG about U.S. taxpayers who may be using Swiss bank accounts to evade federal income taxes, the U.S. Justice Department said on Tuesday.
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U.S. gets court order for UBS Swiss bank records
City Lofts puts assets in receivership
July 1, 2008 on 4:21 pm | In Business News | No CommentsLONDON (Reuters) - City Lofts has been forced to place 250 unsold apartments into receivership in light of Britain’s housing slump, a spokesman for the privately owned urban apartment developer said on Tuesday.
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City Lofts puts assets in receivership
TNK-BP CEO may have to leave Russia
July 1, 2008 on 12:42 pm | In Business News | No CommentsMOSCOW (Reuters) - The head of BP’s Russian oil venture TNK-BP may have to leave Russia within weeks, at least temporarily, due …
RBS seen set for insurance bids by end of July
July 1, 2008 on 12:33 pm | In Business News | No CommentsLONDON (Reuters) - Royal Bank of Scotland wants second-round offers for its insurance business to be submitted by the end of this month, people familiar with the matter said on Tuesday.
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RBS seen set for insurance bids by end of July
FTSE ends 2.6 percent lower
July 1, 2008 on 12:18 pm | In Business News | No CommentsLONDON (Reuters) - The blue-chip index ended sharply lower on Tuesday, with banks, led by Royal Bank of Scotland , falling on worries about further losses in the sector, while oils and miners slipped after recent gains.
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FTSE ends 2.6 percent lower
Suez not interested in acquiring British Energy
July 1, 2008 on 12:14 pm | In Business News | No CommentsPARIS (Reuters) - The chief executive of French utility group Suez said he was not interested in acquiring nuclear power station operator British Energy Group
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Suez not interested in acquiring British Energy
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