BP delays pressure test on well
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
BP will do a key test on its leaking Gulf of Mexico well to see if the oil flow can be shut off using the newly-installed cap.
Nigeria state oil firm ‘insolvent’
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
Nigeria’s state oil firm is insolvent with massive debts, a cabinet minister says – as the firm blames the government.
Founder Hugh Hefner offers to buy back Playboy
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
Playboy says that its founder Hugh Hefner has made an offer to buy out the remaining listed shares in the troubled adult entertainment company.
Strong demand boosts Intel profit
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
US chipmaker Intel reports bumper profits for April to June in what it describes as its “best” quarterly results.
‘Jobs hit’ if growth falls short
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
An employment group warns the UK’s job market could be hit if economic growth even slightly undershoots official forecasts.
Bebo returns
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
Is there still room for the small guy in social networking?
Friend or foe?
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
Business comes first for Georgia and Russia
Grand designs
Posted by BBC News | Business | World Edition in All news, Business on 14. Jul, 2010 | Comments Off
Aircraft giants look to take on industry leaders
Senate to vote on Wall St reform
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
Four undecided senators will now support financial reform, giving Democrats enough votes to pass the bill.
FSA boss warns against quick fix
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
The head of the UK financial watchdog warns the recovery could be undermined if new regulation is introduced quickly.
FSA to ban self-cert home loans
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
The Financial Services Authority proposes new “back to basics” mortgage rules to stop lending without proof of income.
Flying high
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
Regional jet makers eyeing global growth
Borders agrees to sell Paperchase
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
US book retailer Borders agrees to sell UK-based stationery group Paperchase for $31m to help reduce its debt.
Yankees owner Steinbrenner dies
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
George Steinbrenner, owner of the famous New York Yankees baseball team, dies at the age of 80 after suffering a heart attack.
EU bank watchdog to be in London
Posted by BBC News | Business | World Edition in All news, Business on 13. Jul, 2010 | Comments Off
A new pan-European banking watchdog will have its home in London, Chancellor George Osborne announces.