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  • Asia-Crude-Chinaoil

    Oil falls on Spain, China worries

    Brent on track for biggest monthly loss in 2 yrs; Losses trimmed after European Commission recommendations; Risk aversion grips markets as fears on Spanish banks mount; Hopes fade for China stimulus package; Coming up: API weekly inventory data; 2030 GMT

    May 30, 2012 5:37
  • Brent-crude-ends-lower-on-Spanish-credit-woes

    Brent oil falls to lowest since December

    Brent crude oil futures extended losses on Wednesday, reaching their lowest since December on worries about the future of Spain's banks and dimming prospects of Chinese stimulus measures.

    May 30, 2012 5:25
  • Egypts-Sewedy-first-quarter-net-profit-drops-43.8-percent

    Egypt’s Sewedy first quarter net profit drops 43.8 percent

    - Egypt's El Sewedy Electric , the Arab world's biggest listed cable maker, said its consolidated first quarter net profit declined 43.8 percent, the stock exchange said on Wednesday.

    May 30, 2012 5:23
  • BP-resuming-operations-in-Libya-NOC

    BP to resume operations in Libya

    Shell to quit fields but says not leaving Libya; BP's Libya role triggered earlier political row over Megrahi; BP says security situation "manageable"

    May 30, 2012 1:27
  • UN-agency-plans-major-warning-on-Flame-virus-risk

    UN agency plans major warning on Flame virus risk

    UN agency official says most serious warning ever; Says Flame could possibly attack critical infrastructure; UN agency to issue confidential warning to governments; Some industry observers skeptical about implied dange; Trend Micro says IXESHE virus attacked Asian governments

    May 30, 2012 1:23
  • Brent-crude-ends-lower-on-Spanish-credit-woes

    Brent crude ends lower on Spanish credit woes

    Brent July crude fell 43 cents, or 0.40 percent, to settle at $106.68 a barrel, having traded from $106.06 to $107.95.

    May 30, 2012 1:21