A leading global energy monitor fears there may not be enough oil out there to slake the world's thirst -- and is preparing a landmark forecast that could reverberate through the global economy even as major companies announce fuel-related cutbacks.
Air France-KLM said Thursday it expects the coming year to be challenging amid sharply higher oil prices and a sluggish global economy which contributed to a net loss in its fourth quarter. Europe's largest airline said in a statement it lost $853.81
Thousands of sleeping bags and magic wands contaminated by excessive levels of lead paint are being recalled by The Walt Disney Co., federal inspectors said Thursday. The recall targets 4,100 Pirates of the Caribbean sleeping bags and 8,000 Tinker Be
本周四日本财政部表示与去年同期相比日本的贸易利润下降了46.3%.并表示利润急剧下滑的原因是因为由于石油与天然气的价格疯狂的飙升导致轮船和汽车的出口大幅度下跌所致. Japan's trade surplus in April shrank 46.3 percent from a year earlier, marking a second str
China's government denied rumors Thursday it will ease price controls on gasoline and diesel that oil companies say are causing them huge losses and prompting fuel shortages. The recent rumors that 'oil product prices will be de-controlled in early
Toyota Motor Corp. will boost overtime pay to its assembly line workers for their voluntary efforts to improve production quality, the company said Thursday. Toyota, Japan's No. 1 automaker, has a sterling reputation for innovative production methods
诺基亚发言人表示他们对四川捐赠了帐篷食物等生活必需品和营救人员的移动电话总计3500万人民币.麦当劳为四川灾区捐赠了超过1000万人民币的食品.沃尔玛也向灾区捐赠了大量的生活必需品总价值达到了300万人民币. We feel very proud of what we've done. We've done a lot
Stocks tumbled Wednesday, falling for a second session, after oil prices topped $133 a barrel and the Federal Reserve gave a gloomy economic outlook. The Dow Jones industrial average (INDU) lost 227 points, or 1.8%. The broader Standard Poor's 500 (S
Fed sees economy getting worse Ben Bernanke Co. lower 2008 economic growth forecast and raise their projections for inflation and unemployment; says last rate cut was a close call. By Chris Isidore, CNNMoney.com senior writer Last Updated: May 21, 20
The Bank of England made a near unanimous decision to keep interest rates steady this month, according to minutes of the meeting released Wednesday, dampening the prospect of imminent rate cuts. Minutes from the central bank's Monetary Policy Committ
Amid increasing public outcry over record-shattering oil and gas prices, senators on Wednesday hauled industry executives in to testify about the recent runup. The Senate Judiciary Committee called the hearing to explore the skyrocketing price of oil
Oil prices blew past $130 a barrel for the first time Wednesday and kept going. Supply worries, rising demand and a slumping dollar are conspiring to make filling up the car -- and paying for just about everything else -- a growing burden. With gas a
Chinese power plants are running out of coal, with less than a three-day supply in some areas, the government said Tuesday, adding to China's logistical headaches following a devastating earthquake. It is the second time in three months that Chinese
