Oil holds at $109 on demand concerns and storm threats

September 3, 2008 on 11:32 pm | In Business News | No Comments

SINGAPORE (Reuters) - Oil prices were little changed near $109 a barrel on Thursday as traders weighed concerns over slowing demand from major consumer countries against further hurricane threats to the U.S. oil sector.

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Oil holds at $109 on demand concerns and storm threats

Spanish beaches busy, but tourist spending down

September 3, 2008 on 8:17 pm | In Business News | No Comments

BENALMADENA, Spain (Reuters) - Few Spaniards would sacrifice their annual summer vacation. But while Spain’s beaches are still busy, shops and restaurants at its resorts are ominously quiet as the country’s economic crisis envelops the tourism industry.

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Spanish beaches busy, but tourist spending down

Oil falls on demand as Gustav threat passes

September 3, 2008 on 3:39 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices dipped to below $109 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from Hurricane Gustav.

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Oil falls on demand as Gustav threat passes

Oil falls on demand

September 3, 2008 on 1:33 pm | In Business News | No Comments

LONDON (Reuters) - Oil prices fell nearly a dollar to below $109 a barrel Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover quickly from …

Oil falls on demand

FTSE closes down over 2 percent

September 3, 2008 on 12:38 pm | In Business News | No Comments

LONDON (Reuters) - The blue-chip share index closed down over 2 percent on Wednesday with banks knocked as sterling touched 12 year …

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FTSE closes down over 2 percent

Oil falls below $108 on demand

September 3, 2008 on 11:53 am | In Business News | No Comments

LONDON (Reuters) - Oil fell more than $2 to below $108 a barrel on Wednesday, weighed down by slowing demand in the United States and other consuming nations and signs the U.S. oil sector would recover …

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Oil falls below $108 on demand

Airlines set to lose 3 billion pounds in 2008

September 3, 2008 on 11:27 am | In Business News | No Comments

GENEVA (Reuters) - Global airlines are set to post losses of $5.2 billion (3 billion pounds) this year and $4.1 billion in 2009 as high oil prices take a toll on the industry, the International Air Transport Association (IATA) said on Wednesday.

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Airlines set to lose 3 billion pounds in 2008

Media watchdog bans ExxonMobil LNG advert

September 3, 2008 on 9:43 am | In Business News | No Comments

LONDON (Reuters) - The Advertising Standards Authority has banned U.S. oil major ExxonMobil from continuing to show a TV advert saying liquefied natural gas is one …

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Media watchdog bans ExxonMobil LNG advert

Retailer DSG sees no market recovery before 2010

September 3, 2008 on 8:49 am | In Business News | No Comments

LONDON (Reuters) - European electrical goods retailer DSG International said it did not expect its markets to recover before 2010 as it reported a drop in underlying sales and profit margins and plans to cut more costs.

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Retailer DSG sees no market recovery before 2010

Hot small caps: Hamworthy falls on accounting error

September 3, 2008 on 8:45 am | In Business News | No Comments

LONDON (Reuters) - The following is a round-up of key small cap movers on the London stock market on Wednesday.

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Hot small caps: Hamworthy falls on accounting error

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