Hot Topics: Toyota | Google Inc. | Apple Inc.
Oil and gas industry executives testify on Capitol Hill in Washington

Reuters

Ending U.S. oil breaks won't raise fuel cost: Democrats

Repealing billions of dollars in tax breaks for Big Oil won't raise U.S. fuel prices, Senator Max Baucus said in an opening shot directed at top petroleum executives summ...

Huntington Ingalls profit misses estimate

Huntington Ingalls Industries (HII.N), the shipbuilder that was recently spun off from defense contractor Northrop Grumman Corp (NOC.

Analysis: "Widowmaker" oil trade lives up to its name

Big oil traders who bet on a rise in gasoline prices relative to heating oil ahead of the summer driving season may have thought they broke the curse of a "widowmaker" trade even as oil prices crashed.

Woodside Petroleum Limited

Woodside announce new CEO

Woodside Petroleum Limited, an Australian petroleum exploration and production company announced today through a surprise appointment that Peter Coleman is the new Chief Executive Officer.

Mexican mine

UPDATE 1-Timmins Gold's Mexican mine production goes up sequentially

(Follows alerts)

IPO

more
Formula One IPO in the Fast Lane

Formula One Gets Greenlight for $3 Billion Flotation

09:53 AM ET

Media sources say that motor racing giant Formula One has gained approval for an initial public offering worth nearly $3bn on Singapore's stock exchange.

Retail

more
Burberry Wins Counterfeit War; Awarded £63 Million in Damages

Burberry Shares Drop as Investment Set to Hit Profits

09:15 AM ET

Burberry reported full-year profits of £366m - a 24 percent rise - but said a new investment of around £200m could hit future profitability.

Technology

more
Steve Ballmer: New Windows 8 Was Designed to Dominate

Steve Ballmer: New Windows 8 Was Designed to Dominate

04:34 AM ET

Microsoft is all set to deploy a re-engineered Windows system on its new Windows 8, which replaces the highly successful Windows 7.

Financial

more
Northern Rock

Northern Rock Rescue Could Cost UK Taxpayer £2 Billion, Says NAO

07:42 AM ET

Treasury committed itself before looking in detail at the possible consequences for the taxpayer, says NAO.

Inside UK.IBTimes.com