Squatters have entered and occupied a house in London that is believed to be owned Saif al-Islam Gaddafi, son of the Libyan leader, according to the Metropolitan Police.
Airbus parent EADS returned to profit in 2010 and bagged a slew of new aircraft orders, boosting its shares even as airline customers fret about a massive surge in oil prices.
Moammar Gaddafi-backed forces have reportedly launched fresh air strikes on the key oil port city of Ras Lanuf, raising fears about the vulnerability of local gas facilities and a possible humanitarian catastrophe.
China should increase its gold reserves appropriately, and must take every chance to buy, especially when Gold Prices fall, said Li Yining, a senior economist at Peking University and an advisor to the national parliament's Political Consultative Committee, quoted today by Beijing's official Xinhua News Agency.
Oil rose by more than $3 on Wednesday to over $116 a barrel as fighting intensified in Libya, and an OPEC delegate said it saw no need to hold an emergency meeting to ease supply fears.
Oil rose by more than $2 on Wednesday to over $115 a barrel as fighting intensified in Libya, and an OPEC delegate said the group saw no need to hold an emergency meeting to ease supply fears.
US stocks opened lower in early trade on Wednesday, with S&P 500 Index losing 4.68 points, or 0.35 percent, to trade at 1,317.14 at 09:50 a.m. EST. The Dow Jones Industrial Average is down 24.71 points, or 0.20 percent, to trade at 12,189.67. The Nasdaq Composite Index fell 0.61 percent to trade at 2,750.45.
Stocks fell on Wednesday as oil prices advanced on continued turmoil in Libya and as a bond auction in Portugal failed to ease concerns the country would need a bailout.
Moammar Gaddafi has warned that if a no-fly zone is imposed n Libya by the UN Security Council, he and his military will respond with armed resistance.
A Libyan airplane carrying a senior representative of Moammar Gaddafi’s government has apparently landed in Cairo. The Libyan official on the aircraft is reportedly set for talks with Amr Moussa, chief of the Arab league.
The price of gold may touch $5,000 an ounce in the next 4 to 5 years, California-based Capital Gold Group Inc. says.
Stocks were poised for a lower open on Wednesday, with oil prices edging higher on continued turmoil in Libya, and as a bond auction in Portugal failed to ease concerns the country would need a bailout.
A Greek official has told the Associated Press that a private Libyan jet has crossed through Greek-monitored airspace from Libya to Egypt.
Stock index futures edged higher on Wednesday as oil prices held steady after an OPEC official said the group saw no need for a meeting to discuss raising output even as turmoil in Libya continued.
U.S. stock index futures rose on Wednesday as oil prices held steady after an OPEC official said the group saw no need for an emergency meeting to discuss raising its output even as turmoil in Libya continued.
Oil rose over $1 on Wednesday to trade at more than $114 a barrel as fighting intensified in Libya, and an OPEC delegate said it saw no need to hold an emergency meeting to ease supply fears.
Oil rose over $1 on Wednesday to trade at over $114 a barrel as fighting intensified in Libya, and OPEC said it saw no need to hold an emergency meeting to ease supply fears.
European aerospace group EADS forecast higher revenue and stable core operating profit as it boosts development spending this year, after bouncing back to profit with a record cash pile in 2010.
The U.S. Department of Energy forecasts oil prices to average $105 a barrel in 2011, and said there is a 25 percent chance that gasoline prices will exceed $4 a gallon this summer.
Even as calls for the intervention of the U.S. and the western forces in the Libyan crisis gained momentum, besieged Libyan leader Muammar Gaddafi has said there is a foreign plot to colonize his country.
U.S. stocks rallied on the back of strength in financial shares after a drop in oil prices on reports that Libyan leader Moammar Gaddafi may be negotiating an exit from the country.
Moammar Gaddafi is in a hotel in Tripoli filled with foreign reporters and will speak to them sometime tonight, according to CNN.
