Oil price reaches US$80 a barrel
Oil prices briefly rose to a record $80 a barrel in afternoon trading Wednesday after the U.S. government reported a surprisingly large drop in crude oil inventories and declines in gasoline supplies and refinery activity. The report from the Energy Department's Energy ...
Exclusivity? Try Lamborghini's US$1.4m car
What price exclusivity? If you ask Lamborghini, euro1one million (US$1.4 million) should do it - before tax, of course. In a bid to add more prestige to what it already has, the Italian maker of super luxury sports car sunveiled the Reventon at Frankfurt's international Auto Show...
Alcoa sells stake in China's aluminum producer Chalco for US$2 billion
Alcoa Inc., the biggest U.S. aluminum producer and the world's number two, has sold its nearly seven per cent stake in China's largest aluminum maker for US$2 billion (€1.44 billion). Pittsburgh-based Alcoa said Wednesday it will continue to invest in the aluminum industry...
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