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Business


BP to pay record fine
Friday, 13 August 2010
The London-based oil giant will pay a record fine of $50.6 million for lingering safety problems from a deadly 2005 explosion that killed 15 workers at is Texas City refinery.
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Eurozone GDP growth picks up
Friday, 13 August 2010
Eurozone GDP grew at its faster rate for three years during the second quarter but one economist warns it may eventually be pulled back by a failing U.S. economy.
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Shares snap 3-day loss, yen retreats
Friday, 13 August 2010
Asian shares rise after heavy losses and rumours of currency intervention, but stocks still set to post worst performance in five weeks
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Japan Inc tries to weather yen
Friday, 13 August 2010
Taking heed from their painful experience in the 1990s, Japanese firms are shifting production offshore and hedging exposure to the strong yen.
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Victoria's Secret opens 1st Canadian store
Friday, 13 August 2010
Victoria's Secret, a label synonymous with sexy lingerie, has opened its first Canadian outlet at the popular West Edmonton Mall
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