Level 3 to connect New York City to 'Wall Street West'
If another terrorist attack or major power outage hits Wall Street, new back-up systems in northeast... [read more]

Warner Music ditches backing band to line up solo EMI bid
Warner Music Group is exploring a solo bid for EMI after rejecting a joint bid for the British group... [read more]

Stock index edges up
Chinese stocks edged up today, with the Shanghai Composite Index closing 0.69 percent to 4,179.78.
OECD predicts double-digit economic growth
The Chinese economy is expected to grow above 10 percent over the next two years, the Organization for... [read more]
Web bank to open Lake Mary operation
VirtualBank plans to employ 40 workers in the reverse-mortgage unit. ... [read more]
Banks
Manufacturers call on Bank to halt rate rises
The Bank of England should resist the temptation to raise interest rates again this week because inflation... [read more]
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]
Energy

UK oil output shortfall raises fears of dependence on Russia
The energy industry warned today that government targets of keeping Britain's oil and gas production... [read more]
BP in oilseed tree project
Company sets up a venture with biodiesel firm to increase planting of jatropha, a tree that produces... [read more]

