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Business Sense: Automakers hit hard, providing consumers with bargains all over The year 2009 has been difficult for car dealers. A near-total freeze of credit has turned a booming industry into a crippled one. This year, dealers expect to sell 130, 000 cars, a more than four-fold decrease on last year’s 623, 000.
Nov 5, 2009 at 21:48 | Bogdan Prots
Record-sized tanker docks at Ukrainian port The Kassos Warrior cargo tanker docked on Oct. 31 at Yuzhny Port, one of the country’s biggest on the Black Sea coast.
Nov 5, 2009 at 21:46
EU warns Yushchenko over Russian gas payment, IMF The European Union urged Ukrainian President Victor Yushchenko on Nov. 5 to prevent any delays in payments for Russian gas that might affect gas flows to EU citizens, and expressed concerns over disruption of cooperation with the International Monetary Fund.
Nov 5, 2009 at 21:43 | Reuters
GM boss: US aid can be used to fix Opel if needed DETROIT (AP) — General Motors Co. could tap some of the US dollars 50 billion in aid it has received from the U.S. government to help finance its plan to restructure its European Opel unit, GM's top executive said Thursday.
Nov 5, 2009 at 19:30 | Associated Press
Exxon-Shell consortium signed a deal to develop one of Iraq's most prized oil fields BAGHDAD (AP) — A consortium grouping U.S. and European oil giants Exxon Mobil Corp. and Royal Dutch Shell PLC on Thursday signed a $50 billion deal to develop one of Iraq's most prized oil fields, as the OPEC nation looks to revamp its battered energy sector.
Nov 5, 2009 at 16:44 | Associated Press