British inflation falls in October as oil and food price come down
London - Inflation in Britain fell to 4.2 per cent in October from 5 per cent in the previous month, the Office for National Statistics (ONS) said Tuesday. The fall in the Retail Price Index (RPI), a measure that takes into account housing costs, was...

[ Published on : Tue, 18 Nov 2008 07:45 ]

Ryanair hit by half-yearly losses as result of high oil price
London - Leading budget airline Ryanair said Monday the steep rise in the oil price had led to a 47-per-cent fall in net profits in the six months to the end of September. The Irish carrier said net profits between April and September stood at 169 mi...

[ Published on : Mon, 03 Nov 2008 04:36 ]

BA half-year profits nosedive in turbulent environment
London - Pre-tax profits at British Airways (BA) slumped by nearly 92 per cent to just 52 million pounds (83 million dollars) over the summer period - one of the bleakest on record the airline said Friday. Half-yearly profits between April and Sept...

[ Published on : Fri, 07 Nov 2008 12:40 ]

BP reports huge profit rise in third quarter of 2008 - Summary
London - British Prime Minister Gordon Brown Tuesday called on energy companies to pass on the fall in oil prices to consumers as anger spread over a mammoth leap in quarterly profits for oil giant British Petroleum (BP). In its biggest-ever quarterl...

[ Published on : Wed, 29 Oct 2008 06:32 ]