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Court says BP Texas City cases now down to one

HOUSTON (Reuters) - BP on Friday announced settlements with four more victims of a deadly 2005 blast at a Texas refinery, leaving only one of more than 4,000 lawsuits still pending, a Texas state court said.

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Court says BP Texas City cases now down to one

Two charged with trying to extort Blackstone exec

NEW YORK (Reuters) - Two men were arrested on Friday on charges of attempting to extort as much as $11 million from an executive of the London office of the Blackstone Group LP asset management firm, officials said.

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Two charged with trying to extort Blackstone exec

Oil falls 5.4 percent in biggest drop since 2004

NEW YORK (Reuters) - Crude oil prices fell more than 5.4 percent on Friday in the biggest one-day slide since 2004 as dealers turned their focus to rising supply levels and weakening global demand.

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Oil falls 5.4 percent in biggest drop since 2004

Economy at its weakest since 1992

LONDON (Reuters) - The economy failed to expand in the second quarter of this year for the first time since the slump of the early 1990s and reinforcing expectations interest rates will have to fall to avoid a painful recession.

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Economy at its weakest since 1992

FTSE gains 2.5 pct on banks

LONDON (Reuters) - The top share index closed 2.5 percent higher on Friday, led by rebounding banks boosted by improving global sentiment and M&A activity in the troubled sector.

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FTSE gains 2.5 pct on banks

Bankers forced to buy unsold shares in B&B

LONDON (Reuters) - Banks and institutional investors supporting a cash call by Bradford & Bingley will buy the 72 percent of shares not placed in the lender’s rights issue, after an ailing stock price made it impossible to find …

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Bankers forced to buy unsold shares in B&B

Bankers forced to buy unsold shares in B&B

LONDON (Reuters) - Banks and institutional investors supporting a cash call by Bradford & Bingley will buy the 72 percent of shares not placed in the lender’s rights issue, after an ailing stock price made it impossible to find other buyers.

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Bankers forced to buy unsold shares in B&B

Bankers forced to buy unsold shares in B&B

LONDON (Reuters) - Banks and institutional investors supporting a cash call by Bradford & Bingley will buy the 72 percent of shares not placed in the lender’s rights issue, after an ailing stock price made it impossible to find other buyers.

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Bankers forced to buy unsold shares in B&B

Bankers forced to buy unsold shares in B&B

LONDON (Reuters) - Banks and institutional investors supporting a cash call by Bradford & Bingley will buy the 72 percent of shares not placed in the lender’s rights issue, after an ailing stock price made it impossible to find …

View post:
Bankers forced to buy unsold shares in B&B

Bankers forced to buy unsold shares in B&B

LONDON (Reuters) - Banks and institutional investors supporting a cash call by Bradford & Bingley will buy the 72 percent of shares not placed in the lender’s rights issue, after an ailing stock price made it …

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Bankers forced to buy unsold shares in B&B