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LUANDA (Reuters) - OPEC ministers will raise output to protect the global economic recovery at a meeting in December if oil prices rise to $100 per barrel, the group's president said on Sunday. Jose Botelho de Vasconcelos, who is also Angola's oil minister, said that both producers and consumers were comfortable with oil prices at between $75 and $80 per barrel and that higher prices could put a brake on the global economy. "I think that... [read full story]
It's a little-known - and slightly ironic - fact that when Lehman Brothers exploded last year it did so as the proud owner of 500,000 pounds of yellowcake uranium: enough to make a nuclear bomb. Uranium’s appeal was as a...
Developing nations call for UN body to police battle on climate change A green technology body with powers to direct a worldwide transition away from a high-carbon economy is needed to combat climate change, according to the...
Britain's biggest banks would have to raise tens of billions more pounds to achieve complete independence from state support, new research has shown. Calculations from the Organisation for Economic Co-operation & Development...
A road in Suffolk was being closed last night as engineers investigated reports of a gas leak. The road being shut was the B1119 at Knodishall, near Saxmundham, which was also thought to have partially collapsed. Last night, a...
