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Headlines

Npower follows rivals to cut gas bills by 7%

9th March 2010

Npower has become the latest UK energy company to reduce gas bill by reducing prices by 7 per cent for two million British households. Read more…

Aer Lingus losses balloon as fares nosedive

9th March 2010

Aer Lingus, Ireland’s former flag-carrier airline, warned this morning that operating losses had quadrupled during 2009. Read more…

Britain to lose £4.6bn in exports on EADS exit

9th March 2010

Britain has lost a potential £4.6 billion in export orders after Northrop Grumman and EADS, which owns Airbus, pulled out of a bid to supply air-refuelling tankers to the United... Read more…

Markets

Middle East oil demand to outpace world with petrodollars

8th March 2010

DUBAI/SINGAPORE (Reuters) - Middle East oil demand could grow by nearly 5 percent in 2010, outpacing a modest recovery in global energy demand as the world's top oil exporting... Read more…

China coal hunger to put a floor under prices

5th March 2010

SHANGHAI (Reuters) - China's appetite for imported coal will provide a solid floor for global prices of the commodity this year, but its imports may miss last year's peak as... Read more…

AIG unit sale shows more buyers could hijack IPOs

5th March 2010

LONDON (Reuters) - More buyers could hijack planned flotations at the last minute after Prudential's surprise purchase of AIG's Asian life insurance unit showed the benefits of... Read more…

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