8 August 2008 Archive
'Oil crunch' set to bite
A new report has warned an 'oil crunch' looms on the global horizon, unless there is a dramatic reduction in demand. |
FTSE 100 picks up morning drop
The FTSE 100 stood down 0.06 per cent at 9:24 BST after making up initial losses. |
Betting syndicate investors get money back
Investors in a betting syndicate are to have cash returned to them following a court order. |
RBS faces £691m 'chastening loss'
Royal Bank of Scotland (RBS) made a £691 million loss during the first half of 2007, the second biggest loss in UK banking history. |
Citigroup forced into $20bn security buy-back
Citigroup faces having to buy-back billions of dollars worth of securities following a deal with US regulators. |
South Ossetia hits FTSE 100
The FTSE 100 saw an oil stock collapse this afternoon as news of Russia tanks rolling into the Georgian province of South Ossetia filtered through to the city. |
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