Industry News

BP says oil spill cost up to $8bn
BP says the cost of its Gulf of Mexico oil spill has risen to $8bn - a rise of more than $2bn in the last month alone....

Alcohol drinking 'still falling'
Alcohol consumption has fallen faster than ever, figures from the British Beer and Pub Association suggest....

Europe agrees finance watchdogs
The European Union agrees to reform financial supervision, with new agencies to oversee banks, insurers and financial markets....

Chinese consider rival Potash bid
Chinese investors approach Canadian pension fund over a possible rival bid for the fertiliser giant Potash Corporation....

Andean gold in $3bn bidding war
Rival Canadian gold mining companies, Goldcorp and El Dorado, lock horns in a $3bn fight to buy up Andean Resources....

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