Oil slumped on Wednesday as expectations that Opec will cut production faded following dovish remarks by cartel kingpin Saudi Arabia, which could signal the beginning of a price war.
STRASBOURG, France, Nov 26 (Reuters) - The European Commission presented a 300 billion euro ($375 billion) plan on Wednesday to boost Europe's stagnant economy, but some doubted private investors would stump up the funds, 15 times the EU ...
Vince Cable today warned Royal Mail to stop 'scaremongering' that deliveries which allow letters to be sent anywhere in the country for the same price are under threat.
LONDON (Reuters) - FTSE closed flat on Wednesday, erasing early gains, with weaker travel and leisure stocks offsetting a rebound in miners and strength in telecoms.
A multi-million pound pay package that would make Helge Lund, incoming chief executive of BG Group, one of Europe's best remunerated oil bosses has run into fierce opposition from shareholders, who are threatening to vote against the deal within days.