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Honda to cut Civic UK output

TOKYO (Reuters) - Honda Motor , Japan’s second-largest carmaker, said on Tuesday it would cut output of its Civic compact in the U.K. from December to meet falling demand …

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Honda to cut Civic UK output

Oil slides toward $62 as recession worry dominates

SINGAPORE (Reuters) - Oil fell for a third day on Tuesday, dropping almost $1 to near a 17-month low as the unrelenting dive in Asian share markets underscored fears of a global recession that is already cutting into fuel demand.

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Oil slides toward $62 as recession worry dominates

Nikkei falls below 7,000 mark

TOKYO (Reuters) - Japan’s Nikkei average slid below the 7,000 mark on Tuesday, hitting a 26-year intraday low, with Mitsubishi UFJ Financial Group and other large banks weighing on the market along with high-tech shares.

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Nikkei falls below 7,000 mark

Banking system seen to be stabilising

LONDON (Reuters) - Global intervention should steady the banking system but it will also put big constraints on banks, the Bank of England said on Tuesday, six months after it said it expected confidence to return to financial markets.

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Banking system seen to be stabilising

BG to buy Queensland Gas for 2.17 billion pounds

SYDNEY (Reuters) - Gas producer BG Group agreed to buy Australia’s Queensland Gas Company Ltd (QGC) for A$5.6 billion (2.17 billion pounds), to boost BG’s presence in Asia’s fast-growing liquefied natural gas market.

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BG to buy Queensland Gas for 2.17 billion pounds

Chevron on trial for 1998 Nigerian platform clash

SAN FRANCISCO (Reuters) - A trial to determine if Chevron Corp was responsible for a deadly clash between Nigerian forces and locals occupying an oil platform began on Monday, raising questions about …

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Chevron on trial for 1998 Nigerian platform clash

Austria extends airline sale for debt talks

VIENNA (Reuters) - Austria is extending the tender for Austrian Airlines for two months as the bidders for the money-losing airline require the government take on some of its debt, the state holding company said on Monday.

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Austria extends airline sale for debt talks

BG Group to buy Queensland Gas

SYDNEY (Reuters) - British gas producer BG Group agreed to buy Australia’s Queensland Gas Company Ltd (QGC) in a deal valuing QGC at A$5.6 billion (2.17 billion pounds), the companies said in a joint statement on Tuesday.

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BG Group to buy Queensland Gas

Oil falls to lowest since May 2007

LOS ANGELES (Reuters) - Oil prices fell nearly $1 to an 18-month low on Monday as slumping demand and the growing financial crisis offset OPEC plans to cut …

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Oil falls to lowest since May 2007

U.S. stocks fall in late sell-off, dollar gains

NEW YORK (Reuters) - Risk aversion swept financial markets on Monday as fears of a global recession bolstered the dollar and yen while driving equities around the world lower, sending both U.S. and European stocks to five-and-a-half-year lows.

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U.S. stocks fall in late sell-off, dollar gains