Oil futures blasted to a new record over $122 a barrel Tuesday,gaining momentum as investors bought on a forecast of much higherprices and on any news hinting at supply shortages. Retail gas pricesedged lower, but appear poised to rise to
Here's how a small group of militants in West Africa can help keepan issue alive in presidential politics in Indiana and Washington.On Sunday morning, an e-mail arrived from a representative of the Movement for the Emancipation of the Niger Delta
Fannie Mae, a key source of mortgage funding, Tuesday reported that falling homeprices and rising defaults contributed to further losses for thegovernment-sponsored company during the first quarter.The company said it lost $2.2 billion ($2.57 per share) in the threemonths that
As voters in Indiana and North Carolina streamed to the polls to casttheir ballots in the marathon Democratic presidential primary race,Republican John McCain reached out to a core conservative constituency Tuesday by targeting judicial activism.Blasting federal judges who "pronounce and
It was sunset, and a pair of Iraqi soldiers were sitting in a rooflesshouse by the Iranian border, awaiting orders. Suddenly, Abu Baqrrecalls, his friend let out a gasp and fell silent, a sniper's bulletin his forehead. Abu Baqr couldn't
Of all the things to worry about in a glass of tap water - rust fromold pipes, giardia and that strange, recurring mossy taste - perhapsthe last thing that comes to mind is the possibility of rocket fuel andaircraft-engine cleanser.
A Myanmar government radio station said Tuesday that more than 22,000people are dead and 41,000 missing after the catastrophic cyclone thatbattered the country. A news broadcast on the state-run station said Tuesday that 22,464people had been confirmed dead after Cyclone
Voters in Indiana and North Carolina streamed into polling placesTuesday to choose between Sen. Barack Obama (Illinois) and Sen. HillaryRodham Clinton (New York)as their protracted battle for the Democratic presidential nomination entered its final month of primaries. Turnout was reported
The finance ministry and the Reserve Bank of India are opposed to reporting the widely tracked wholesale price index every month instead of the existing practice of releasing it every week.
Going a step ahead of Bharti Airtel, Vodafone on Tuesday slashed the tariffs for STD to Rs 1.30 a minute across the country while roaming charges have been dropped to Re 1 for all incoming and local outgoing calls. While
Finance Minister P Chidambaram has said the govt is not considering setting up of sovereign wealth fund. It was suggested that India, which has a forex reserves in excess of 300 billion dollars, should launch its SWF. The SWFs are
ArcelorMittal has sold part of its stake in a Chinese steelmaker it wants to control so it can meet the minimum free float requirement in Hong Kong where the shares trade.
The government is considering awarding a grant from the funds of the Jawaharlal Nehru National Urban Renewal Mission to meet a funding gap in the Mumbai metro project's first corridor that is being built by the Reliance Anil Dhirubhai Ambani