Dailynews

The public believes inflation will hit 4.3% in a year’s time, a report in the Bank of England quarterly review says.
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Japanese car maker Honda begins the first commercial production of a hydrogen fuel-cell powered vehicle.
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US Federal Reserve chairman Ben Bernanke says rising healthcare spending may harm the US economy.
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UK High Street clothing firm Primark fires three Indian suppliers because they used child labour to finish goods.
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The US investment bank Lehman Brothers posts a loss of $2.8bn, the first since it went public in 1994.
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Crude oil prices rose above $136 a barrel because of a threat of a strike by oil workers in Nigeria.
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The government invites communities to host a nuclear waste site and invites firms to build new reactors.
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BP claims its Russian partners are trying to take control of its Anglo-Russian joint venture, BP-TNK.
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Two senior executives at Lehman Brothers are to step down days after the US bank announced huge losses.
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Hundreds of staff at BMW’s car plant in Oxfordshire will be temporarily laid off this weekend due to Spanish fuel protests.
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UK motorists travelling in Europe will find the cheapest fuel in Spain and Switzerland, a survey says.
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Oil prices rise amid concerns that demand will outstrip supply, pushing crude back above record levels.
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Unemployment in the UK rose by 38,000 to 1.64 million from February to April, the Office for National Statistics says.
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Dutch office products supplier Corporate Express agrees to a 1.7bn euros takeover bid from US counterpart Staples.
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Last-gasp talks to stop a fuel strike continue, as more than 600 petrol tanker drivers get set for four days of action.
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Corn prices hit new records after a US government forecast that output will fall because of poor weather.
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India’s central bank unexpectedly raises its benchmark interest rate to 8% in a bid to counter inflation.
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Stena Line is introducing a fuel surcharge on its Irish Sea routes to cope with its soaring fuel bills.
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The price of crude oil climbs a record $10 in one day’s trading to hit $138.5 a barrel as US shares fall sharply.
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Japanese banks suffer $8bn in losses connected to US sub-prime investments, its financial watchdog says.
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Indian inflation continues to rise, fuelling speculation the government will soon take action to tackle the problem.
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The International Energy Agency is calling for a $45 trillion green revolution to tackle global warming.
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The billionaire owners of the Russian side of TNK-BP call for the resignation of its American chief executive.
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The part-privatisation of rail operator Deutsche Bahn gets the green light from German politicians.
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Oil prices fall by more than $4 a barrel as the dollar gains strength and concerns grow about global energy demand.
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Northern Rock is to more than double the number of people handling debt management the BBC learns.
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United Airlines and US Airways halt plans to merge, say the parent companies of the two US carriers.
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The former boss of Italy’s central bank is to stand trial for his role overseeing a banking takeover in 2005.
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Sales of previously-owned US homes fell 1% in April as the housing downturn continued, figures show.
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The ONS says it underestimated the amount of money pensioners receive from private pensions.
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Royal Mail is accused of “rewarding failure” after chief executive Adam Crozier received

Oil prices are well off their $135 peak after investors cash in following five days of hefty price rises.
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Russian security services search the Moscow HQ of oil giant BP - the second time the firm has been targeted.
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The UK is “more exposed” to food price rises than its peers, adding to recessionary fears, a report suggests.
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The Ministry of Defence is set to sign a

The Bank of Japan votes unanimously to keep interest rates unchanged at 0.5%, as widely expected.
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Energy supplies in the Chinese region hit by the earthquake are returning to normal, a key oil firm says.
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The Ministry of Defence is set to sign a

Oil prices surge past $129 a barrel as concerns about supply grow on Opec’s refusal to increase output.
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The number of investment bankers moving from the US to Asia will increase, experts say, due to the credit crunch.
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