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Reuters: Business News
  • BP and partners trade blame for U.S. oil spill
    LONDON/WASHINGTON (Reuters) - BP Plc and its Gulf of Mexico oil well partners traded blame on Wednesday after an internal BP investigation tried to downplay the company's role in the world's biggest offshore spill.




  • Wingas onshore gas storage project approved
    LONDON (Reuters) - Britain has approved a Wingas project to convert the depleted Saltfleetby onshore gas field in east England into a gas storage facility, the Department of Energy and Climate Change (DECC) said on Thursday.




  • Global stocks and euro rise on Europe relief
    NEW YORK (Reuters) - U.S. and European stock markets rose on Wednesday as worries about Europe's debt problems eased, allowing the euro to recover part of Tuesday's losses.




  • Goldman Sachs fined £20 million in UK - report
    LONDON (Reuters) - Goldman Sachs has been fined 20 million pounds by the UK's financial regulator for failing to disclose it was under fraud investigation by its U.S. counterpart, the BBC reported on Wednesday.




  • U.S. Senate may ratify UK and Australia treaties: group
    WASHINGTON (Reuters) - The Senate could ratify defence industry trade agreements with Britain and Australia before the end of the year, the head of the leading U.S. aerospace industry group said on Wednesday.