Brown says volatile oil price is threat to global economy - Update
London - British Prime Minister Gordon Brown warned Friday that oil price volatility remained a threat to the global economy and lack of investment in the industry or other energy resources could cost trillions of dollars. Wild fluctuations in price...

[ Published on : Thu, 01 Jan 2009 13:50 ]

Brown says volatile oil price is threat to global economy - Update
London - British Prime Minister Gordon Brown warned Friday that oil price volatility remained a threat to the global economy and lack of investment in the industry or other energy resources could cost trillions of dollars. Wild fluctuations in price...

[ Published on : Fri, 19 Dec 2008 07:37 ]

London regulators to lift ban on stock market short selling
London - A temporary ban on the practice of short-selling imposed at the height of the banking crisis last September will be lifted by mid-January as planned, the Financial Services Authority (FSA) in London said Tuesday. The regulatory body said tha...

[ Published on : Tue, 06 Jan 2009 07:53 ]

Britain calls for greater transparency in oil market
London - A British minister Friday called for further action to safeguard the stability of oil prices despite the current decline of the price for crude oil in the face of global recession. Energy Secretary Ed Miliband, who was Friday due to host a m...

[ Published on : Thu, 01 Jan 2009 13:50 ]

Britain calls for greater transparency in oil market
London - A British minister Friday called for further action to safeguard the stability of oil prices despite the current decline of the price for crude oil in the face of global recession. Energy Secretary Ed Miliband, who was Friday due to host a m...

[ Published on : Fri, 19 Dec 2008 04:37 ]

Bank of England cuts interest rates to all-time low - Summary
London - The Bank of England Thursday slashed interest rates to an historic low of 1.5 per cent in a further effort to soften the impact of a deepening recession. The decision to cut rates by half a percentage point by the banks Monetary Policy Comm...

[ Published on : Thu, 08 Jan 2009 11:29 ]