Thursday, April 10th, 2008

Oil Near $111 After Hitting Record

Kavit Sharma 10 Apr 2008 | : Business News - Global

Oil prices steadied near $111 a barrel Thursday after jumping to a new record in the previous session on an unexpected drop in U.S. crude inventories. It rose as high as $112.21 a barrel during Wednesday’s session, surpassing the previous trading record of $111.80 set last month. Continue Reading »

Yahoo! may deal with AOL: Sources

Kavit Sharma 10 Apr 2008 | : Acquisitons & Mergers, Business News - Global

Yahoo Inc and Time Warner Inc are “closing in” on a deal where Yahoo would merge with Time Warner’s AOL Internet unit, brushing aside Microsoft’s bid for Yahoo, a source familiar with the talks said on Wednesday. Continue Reading »