Oil jumped to a record above US$126 a barrel at the weekend, extending gains to more than 11 per cent since the start of the month on fuel supply concerns and a rush of speculator...

President Umaru Musa Yar'Adua of Nigeria has visited the town of Yenagoa in the Niger Delta...

In Italy, it has been announced that John Elkann will become the new head of Fiat, at the age of...

A new multi-billion dirham real estate development has been announced for Sowwah Island in Abu Dhabi....

Cairo based companies, Egypt Capital Trust and Misr International Securities have been taken over by leading international investment firm Global Investment...

British Airways has ignited fresh speculation over the continuing role of Willie Walsh, the airline's chief...

Venezuela and China have signed deals for a joint venture to produce oil in Venezuela's Orinoco area to supply a new 400,000-barrel-a-day refinery that will be built in China....

Gas-rich Qatar has signed deals to build a US$3.8 billion-dollar desalination and power...

Australia’s Federal Budget, which will be handed down on Tuesday, will include higher taxes for luxury...

Mike Sachoff - Mon, 05/12/2008 - 9:30am. Seeking clarity from court Microsoft said it is appealing a record $1.39 billion (899 million euro) fine from the European Commission for using high prices to...

NEW YORK (Reuters) - Stocks edged higher on Monday as the dollar rose toward a two-month peak, helping push the price of oil below record highs and as...

Long Island business and political leaders offered mixed reactions Monday to news that Cablevision Systems Corp., the largest provider of cable television in the metropolitan area, had agreed to...

Research In Motion Ltd. on Monday is introducing its first major new BlackBerry model in more than a year: the Bold, a high-end model that further demonstrates the company's desire to make tools...

Skins: MSN's instant messenger TV service will feature clips from the Channel 4 show. Photograph: Channel 4 Microsoft has struck deals with EMI and Channel 4 to provide a range of content,...

A Best Buy spokeswoman said that the company wasn't hiding anything, and that if Walker had read the paperwork he would have known what he was getting into. Walker acknowledged that Best Buy had...

On a list of purchases that annoy consumers, gasoline, razor blades and ink-jet printer refills probably rank high. But how about batteries? It's a hassle and expense to change batteries in remote...

NEW YORK (AP) -- Cablevision Systems Corp. is buying the Long Island-based newspaper Newsday from Tribune Co. for $650 million, the companies announced...

launched an open application platform, enabling anyone to develop applications with the ability to access and use the social networking site's vast wealth of user data. Less than two months later,...

WASHINGTON (AP) - The unemployment rate drops. Productivity grows. The trade deficit shrinks. Sounds great, right? Not so fast. Borrowing radio broadcaster Paul Harvey's signature saying:...

LONDON (Reuters) - Stock index futures edged up early on Monday, suggesting a Wall Street open in line with robust global equities, as a stronger dollar depressed crude...

Research ) said its profit in the first quarter was ahead of a year ago as growth in Asia helped counter over $5 billion in hits from bad debts on U.S. home loans and asset...

A strong yen is taking a toll on Nikon's camera business, even as the company faces increasing competition on its home turf from Netherlands-based rival ASML...

All Associated Press news LOS ANGELES (AP) - IndyMac Bancorp Inc. said Monday it swung to a loss in the first quarter as deteriorating credit markets forced the mortgage lender to lower the value of...

All Associated Press news NEW YORK (AP) - Imax Corp., a maker of large-screen movie systems, said Monday its fiscal first-quarter loss widened on increased expenses.Toronto-based Imax reported a loss...

All Associated Press news DALLAS (AP) - Petroleum refiner Holly Corp. said Monday first-quarter earnings tumbled 87 percent, as soaring crude oil prices squeezed margins.The company earned $8.6...

TOKYO (Reuters) - Japan's Fujitsu Ltd reported a 40 percent fall in quarterly profit on Monday, hurt by restructuring in its microchip operations, but it forecast that its annual profit would more...

But newspaper reports have said the Marathon will be returning to its former glory for a three-month trial period.The reports follow a move by Mars to bring back Opal Fruits for a 12-week return...

All Associated Press news MEMPHIS, Tenn. (AP) - Biopharmaceutical company GTx Inc. said Monday its first-quarter loss widened due to higher research and development expenses and administrative...

VCGH , a growing and leading consolidator and operator of adult nightclubs, today announced financial results for the first quarter ended March 31, 2008. Total revenue, for the three months ended...

All Associated Press news NEW YORK (AP) - MBIA Inc. swung to a $2.41 billion loss during the first quarter as the bond insurer faced ongoing deterioration in the credit markets and was forced to take...

All Associated Press news DALLAS (AP) - Regency Energy Partners LP swung to a first-quarter profit as higher gas sales and the inclusion of acquired properties drove revenue higher.The Dallas company...

CHTR (along with its subsidiaries, the "Company" or "Charter") today reported its first quarter 2008 financial and operating results. -- First quarter revenue of $1.564 billion grew 10.5% ...

Students attend their leavers' Mass Jimmy was killed in an unprovoked attack after refusing to take part in a fight in a bakery in Lee, south-east London, at around 11.50am on Saturday.Police...

Pollo Campero, a Latin American fried-chicken favorite that had been seen in the U.S. only in takeout boxes aboard arriving flights, has teamed up with Wal-Mart to expand its reach to the nation's...

PETS today announced its financial results for the fiscal year ended March 31, 2008. Net sales for the year ended March 31, 2008 were $188.3 million, compared to $162.2 million for the year ended...

Seeking more revenue from Internet ads, Microsoft has introduced software that allows users to exchange messages while watching online videos. Messenger TV combines the Windows Live...

Coleen lists occupation as 'journalist' The Crewe Chronicle contacted Coleen after she listed her occupation on her wedding banns as "journalist".But Wayne Rooney's fiancée turned the job...

HL today reported net income applicable to common shareholders of $12.1 million, or 10 cents per common share, on revenue of $46 million in the first quarter of 2008, compared to $8 million, or 7...

Rescue operation under way The tremor, in south west China, has also buried 900 teenagers in a school.The death toll is only just being revealed as authorities and rescue teams make contact with...

IPSU today reported a net loss for the second fiscal quarter ended March 31, 2008, of $15.5 million, or $1.33 per share, compared to net income of $8.7 million, or $0.74 per share, for the same...

Microsoft is cutting the cost of putting Windows XP on low cost laptops. The price cuts will only be available for ultra-portable laptops that meet a strict set of specifications. The move is...

(SCGLY) suffered and its potential consequences for consolidation in the sector. France's three largest banks are expected to post strong declines in first- quarter results, as averse market...

Oil prices have fallen, after setting record highs every day last week. US light crude slid 53 cents to $125.43 a barrel in New York, while London's Brent crude fell 55 cents to $124.85. Last...

Apple has signed deals with four mobile phone networks in the Asia-Pacific region, and the firms will offer the iPhone in their respective markets. SingTel will sell the gadget in Singapore, while...

UK factory gate prices and producers' costs rose at a record pace in April, official figures showed. The Office for National Statistics said that output prices for sales of manufactured products...

Working moms Stacey Smith of St. James and Linda Shapiro of Kings Park figured out a way for entrepreneurial mothers to continue working without having to sacrifice family or career. Tuesday, the...

Centrica says British Gas has lost 100,000 customers since January, the number having fallen from around 16 million to 15.9 million.There are several reasons why wholesale energy prices have risen so...

This story was reported by staff writers Mark Harrington, Ellen Yan, James T. Madore and Thomas Maier. It was written by Harrington. Cablevision Systems Corp. is expected to announce this morning...

The technology works by identifying changes in a caller's voice which may indicate they are not telling the truth.Lawrence Knowles, managing director of software and outsourcing firm Midland HR, told...

Tesco dominates the market The brand was valued at £8.6bn this year, while Sainsbury's, at £4.9bn, beat other "big four" supermarkets Asda and Morrisons into fourth and fifth places...