Author

 
Ben Perry

Ben Perry

    Markets brace for eurozone turmoil in 2012
    Markets brace for eurozone turmoil in 2012
    European shares and the euro will likely face more turmoil in 2012, after a year in which equity markets and the single currency slumped on fears...
    Opec meets to decide on oil output targets
    Opec meets to decide on oil output targets
    The Organisation of Petroleum Exporting Countries (Opec) is due to hold a ministerial meeting on Wednesday to decide on oil production levels, with...
    BP oil spill costs surge to $40-billion
    BP oil spill costs surge to $40-billion
    British energy giant BP announced a return to profit on Tuesday but revealed new shock estimates for the cost of its Gulf of Mexico oil spill,...
    World stocks surge
    World stocks surge
    Global share prices rocketed on Thursday, though fears of an economic slowdown lingered as Société Générale (SocGen) revealed a massive...
    Gold shines at new record high near $868
    Gold shines at new record high near $868
    Gold struck a new all-time peak of almost $868 dollars on Thursday as the precious metal benefited from its safe-haven status amid record high oil,...
    Nike scores with Umbro takeover
    Nike scores with Umbro takeover
    United States sportswear giant Nike ventured further into the British football market on Tuesday after agreeing to buy rival Umbro, maker of the...
    UK bank hit by credit problems
    UK bank hit by credit problems
    Shares in British bank Northern Rock plunged by a quarter on Friday as clients rushed to withdraw their savings following an emergency bail-out of...
    Global stocks rally, but turmoil not over
    Global stocks rally, but turmoil not over
    World stock markets roared higher on Monday after last week's slump, but analysts warned of further turmoil for share prices owing to lingering...
    Airbus to reveal new A350 plane design
    Airbus to reveal new A350 plane design
    European group Airbus will on Monday unveil new design plans for its troubled long-haul A350 plane, Thomas Enders, co-chief executive of Airbus's...
    Britain bids for US support for Africa plan
    Britain bids for US support for Africa plan
    Britain will be seeking approval from the United States for its grand plan to help alleviate poverty in Africa when finance ministers from the...
    Blair still haunted by Kelly suicide fallout
    Blair still haunted by Kelly suicide fallout
    A year after the death of government weapons scientist David Kelly and two Iraq inquiries later, British Prime Minister Tony Blair is struggling to...