Business News Archive - August 24, 2008
By Sarah Sands The fate of the passengers on flight JK5022 was hideous and pitiful but it was not unimaginable. Every nervous flyer will have empathised with the man who sent a text on the runway to his wife: "My love, there's a problem with the plane....
Oil prices tumbled more than $6 a barrel Friday -- the biggest one-day percentage plunge in nearly four years -- after a rebounding dollar and a Russian troop pullback in Georgia sparked another frenzied sell-off.
By The Associated Press JACKSON, Wyo.
By The Associated Press NEW YORK (AP) - Wall Street capped a volatile week with sharp gains Friday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said inflation pressures are likely to moderate. The Dow Jones industrial average rose nearly 200 points.
By Margareta Pagano BUSINESS EDITOR Sir Nigel Rudd, chairman of BAA, launched an angry attack this weekend on the Competition Commission, which he accused of drawing blood and punishing the airport operator for the UK's congestion problems.
By Margareta Pagano BUSINESS EDITOR The Competition Commission's report is ill timed and ill conceived, blaming the airports authority for a situation beyond its control Sir Nigel Rudd was seething on the grouse moors when I spoke to him on Friday after one of his most infuriating weeks since taking over as BAA chairman a year ago.
By Ben Wright A Couple say they are disappointed after spending pounds1,600 on a luxury package holiday to Egypt, only to spend a fortnight in Penllergaer instead. Nervous flyers Kristian Jones and Laura Rose are missing out on the dream trip next week because of a row about an airline.
I t IS what you do with them that matters, is something I hear frequently when chefs and growers talk about potatoes. For most of us, a potato is something to be boiled, baked, roasted or made into chips and crisps.
By Andy Rowell Philip Morris and others failed to publish internal studies into lethal substance Some of the world's biggest tobacco firms researched the lethal radioactive substance polonium - present in cigarettes - over a 40- year period but never published the results, according to a new scientific article.
This one because we wanted to avoid expensive grain-drying costs. "The driers run on agricultural diesel that has gone up from about 35p a litre to 65p in the past 12 months and at the moment crops have a high moisture content and need to be dried before they can be marketed.
- The governor of a province or people.