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Oil rebounds as U.S. crude stocks fall

SINGAPORE (Reuters) - Oil rebounded 0.7 percent on Thursday, stemming losses of around 4 percent in the last two days, as falling U.S. crude stocks added to supply worries in a market already on tenterhooks following missile tests by Iran.

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Oil rebounds as U.S. crude stocks fall

Bank likely to hold interest rates for now

LONDON (Reuters) - The Bank of England is expected to hold interest rates at 5.0 percent on Thursday and will probably sit tight until it has a better idea of which is the greater evil, surging inflation or slowing economic growth.

Bank likely to hold interest rates for now

Anheuser urges holders to revoke consent to InBev

NEW YORK (Reuters) - U.S. brewer Anheuser-Busch on Wednesday urged its shareholders to withhold consent to InBev , which is trying to replace Anheuser’s board of directors with its own slate, and to revoke any consent already given.

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Anheuser urges holders to revoke consent to InBev

FTSE jumps as banks and miners lead

LONDON (Reuters) - The blue-chip index ended 1.6 percent higher on Wednesday as beaten-down banking stocks rebounded, while firmer metal prices buoyed miners.

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FTSE jumps as banks and miners lead

Boeing faces order deferrals in U.S.

LONDON (Reuters) - Plane maker Boeing has seen a string of order deferrals in the United States this year as the airline industry battles challenges such as high fuel costs, a senior executive said on Wednesday.

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Boeing faces order deferrals in U.S.

Banks and miners lead shares higher

LONDON (Reuters) - European shares closed sharply higher on Wednesday with recently battered banks staging a comeback and miners rallying on the back of solid earnings from U.S. group Alcoa .

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Banks and miners lead shares higher

M&S shareholders back embattled boss Rose

LONDON (Reuters) - Marks and Spencer shareholders attending the retailer’s annual meeting on Wednesday showed their backing for embattled boss Stuart Rose, with more than 94 percent voting for his reappointment.

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M&S shareholders back embattled boss Rose

Co-op and Somerfield seen working on deal

LONDON (Reuters) - The Co-operative Group, Britain’s biggest mutually owned retailer, is still in talks to buy Somerfield but reports that an agreed deal was imminent were premature, sources close to the matter said on Wednesday.

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Co-op and Somerfield seen working on deal

M&S defends dual role for chairman Rose

LONDON (Reuters) - Landmark retailer Marks and Spencer defended the dual role of its embattled boss on Wednesday, telling shareholders the board was “entirely convinced” Stuart Rose was right for the positions.

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M&S defends dual role for chairman Rose

LSE says Lehman JV to be profitable in first year

LONDON (Reuters) - The London Stock Exchange said on Wednesday its dark pool trading joint venture with Lehman Brothers would be profitable in the first …

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LSE says Lehman JV to be profitable in first year