Copyright © 2007 Yahoo! All rights reserved. http://uk.news.yahoo.com/reuters-business-news.html en-en Sat, 17 May 2008 05:04:00 +0000 5 http://uk.news.yahoo.com/reuters-business-news.html http://l.yimg.com/eur.yimg.com/i/uk/any/u/news.gif 30 140 http://uk.news.yahoo.com/rtrs/20080517/tbs-uk-iran-opec-oil-9c49c44.html /rtrs/20080517/r_t_rtrs_bs_oilgasup/tbs-uk-iran-opec-oil-9c49c44_1 Sat, 17 May 2008 05:04:00 +0000 OPEC will not boost oil output as such a move would increase reserves, Iran's oil minister said on Saturday, despite pressure from the United States and other consumer nations. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-vanguard-edinburgh-29d6e98.html /rtrs/20080516/r_t_rtrs_bs_banking/tbs-uk-vanguard-edinburgh-29d6e98_1 Fri, 16 May 2008 20:44:00 +0000 Vanguard Group said on Friday it has added a fourth firm to a three-member team managing a large foreign stock fund, a move that was criticized by an analyst. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-markets-global-4210405.html /rtrs/20080516/r_t_rtrs_bs_debtmrkt/tbs-uk-markets-global-4210405_3 Fri, 16 May 2008 20:32:00 +0000 U.S. stocks were little changed on Friday as oil prices streaking toward $128 a barrel lifted energy shares and offset investor worries about a slump in U.S. consumer confidence to a 28-year low. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-markets-oil-9c49c44.html /rtrs/20080516/r_t_rtrs_bs_oilgasup/tbs-uk-markets-oil-9c49c44_5 Fri, 16 May 2008 19:28:00 +0000 Oil shot to a record high near $128 a barrel on Friday as a bullish price forecast from investment bank Goldman Sachs drowned out an offer of more supply from OPEC kingpin Saudi Arabia. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-usa-economy-paulson-4210405.html /rtrs/20080516/r_t_rtrs_bs_debtmrkt/tbs-uk-usa-economy-paulson-4210405_1 Fri, 16 May 2008 18:13:00 +0000 U.S. Treasury Secretary Henry Paulson said on Friday that markets have calmed down to the point where prices will be driven by economic factors including an improving housing market rather than by fear. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-lse-shares-03c9bed.html /rtrs/20080516/r_t_rtrs_bs_company/tbs-uk-lse-shares-03c9bed_1 Fri, 16 May 2008 16:48:00 +0000 Shares of the London Stock Exchange jumped as much as 10 percent on Friday on a report that Europe's top stock market could offer upside potential if merger interest resurfaces or via cost reduction. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-markets-britain-a329fa8.html /rtrs/20080516/r_t_rtrs_bs_scurties/tbs-uk-markets-britain-a329fa8_9 Fri, 16 May 2008 16:13:00 +0000 Britain's benchmark index rose 0.8 percent on Friday to hit its highest closing level in four months as surging crude prices pumped oil shares higher, while bid activity powered British Energy . Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-britishenergy-03c9bed.html /rtrs/20080516/r_t_rtrs_bs_company/tbs-uk-britishenergy-03c9bed_5 Fri, 16 May 2008 16:04:00 +0000 The UK's biggest electricity producer, British Energy , said on Friday it has received several takeover proposals which value it at more than 10.8 billion pounds. Reuters http://uk.news.yahoo.com/rtrs/20080516/tbs-uk-yahoo-microsoft-b99ff97.html /rtrs/20080516/r_t_rtrs_bs_manufact/tbs-uk-yahoo-microsoft-b99ff97_1 Fri, 16 May 2008 13:26:00 +0000 Two weeks after Microsoft abandoned its pursuit of Yahoo , a proxy fight launched by activist investor Carl Icahn has put Microsoft in the driver's seat. Reuters http://uk.news.yahoo.com/rtrs/20080516/tts-uk-britishairways-a8bf950.html /rtrs/20080516/r_t_rtrs_ts_company/tts-uk-britishairways-a8bf950_2 Fri, 16 May 2008 09:08:00 +0000 British Airways is braced for a turbulent year with fuel costs set to rise 1 billion pounds, but raised hopes it could manage by lifting profits 45 percent and paying its first dividend since 2001. Reuters