Oil prices turned positive in choppy trading on Tuesday, lifted by a slumping dollar that offset the effect of slumping consumer confidence and still bulging inventories. The euro jumped to a fresh
. By Gwladys Fouche, Reuters Uncertainty over British plans to change renewable energy regulation could halt investments in offshore wind power for up to three years, Norwegian energy company Statoil said. Statoil
. Greek lender Attica Bank does not favour becoming part of a big state-controlled banking pillar and wants to stay independent and grow through buyouts, its chairman said on Tuesday. The government
. Britain's new opposition leader said on Tuesday economic policy should focus on growth, not just cutting the budget deficit, and he would not support irresponsible strikes against planned spending cuts. Labour
The U.S. economy is "moving upwards" despite setbacks, including the European crisis that slowed global growth and a buildup of inventories at home, White House economic adviser Larry Summers said on Tuesday.
Sales of petroleum products in August 2010 recorded a decrease of 7.5% compared with the previous month, according to the latest figures from the Statistical Service, Cystat. Cystat said that a considerable
Britain has a key role to play in ensuring that there is a just and lasting solution in Cyprus, former UK Minister for Europe and Labour MP Chris Bryant has said. Bryant
Japan's Nikkei average fell 1.1% on Tuesday, dropping as the deadline passed for investors to receive dividends on Tokyo stocks for the financial first half-year and as the yen held near its
European Union farm ministers failed on Monday to agree what steps should be taken to avoid a repeat of last year's dairy sector crisis, when farmers staged demonstrations and supply boycotts in
. The new leader of Britain's opposition Labour Party will signal a break with some of the party's policies on Tuesday, and distance himself from former Prime Minister Gordon Brown's stewardship of
