Business

Cheap flights?
28-07-08 16:50

Can the budget airlines survive soaring fuel prices?

Senator Barrack Obama is holding a crisis summit with advisors to decide how to tackle the US slowdown.

The next US president is expected to face a record budget deficit of nearly half a trillion dollars in 2009.

An ex-manager at German industrial giant Siemens is convicted of corruption after admitting to setting up slush funds to pay bribes.

German consumer confidence drops to its lowest level in five years as rising prices and a lacklustre economy worry shoppers.

Japanese carmaker Toyota says it expects to sell fewer cars this year than previously forecast because of the weak US car market.

Ryanair warns it could make an annual loss of up to 60 million euros if oil prices stay high as it cuts fares.

Kohlberg Kravis Robert says its plans to go public in New York as the secretive industry reels from the credit crunch

Former European colonies threaten to block a trade deal over EU tariff cuts for Latin American banana imports.

Mobile trading
27-07-08 23:27

Italy combats the food cost crisis with text messages