U.S. economic growth slows to 0.7% in first quarter
IHT.comThe U.S. economy limped ahead at just a 0.7 percent pace in the first quarter, the slowest in more than four years, as some businesses clamped down on spending given uncertainties about the severity of the housing slump.
Read full articleBanks
ShoreBank thrives despite early predictions
Opening a bank aimed at improving the quality of life in poor urban areas was supposed to be a grand... [read more]
U.S. subprime woes could hurt Swiss banks, report says
While banks including UBS and Credit Suisse have raised their ability to absorb shocks, recent increases... [read more]
Energy
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]
For some oil companies, Venezuela is hardly the worst option
The edicts of President Hugo Chávez are relatively tolerable when compared with conditions in countries... [read more]
