The price of a barrel of oil continues to fall as members of the oil producing group OPEC meet in Vienna today. But they're not expected to try to push up prices — at least not yet. Stephen Beard reports.
Crude oil prices fell in Asia earlier today. That followed reports showing strong U.S. gas inventories. The resumption of some oil production in Nigeria is also influencing the slide in prices. So what lies ahead for oil? Stephen Beard reports.
Tighter security since 9/11 has actually led to faster, more efficient trade, says the World Bank. Many ports around the world now operate more quickly than they did five years ago. Stephen Beard reports.
Known for its dirt-cheap fares, Ryanair has announced it will allow cell phone use on all flights starting next year. And the airline doesn't really care if some passengers don't like it. Stephen Beard reports.
The former head of the Anglo-Dutch oil giant Shell is off the hook. Sir Philip Watts and two other executives will not be prosecuted for overstating the company's oil and gas reserves. Stephen Beard reports.
The Lebanese government today says it'll pay $33,000 for each house damaged by the war. The announcement came more than a week after Hezbollah started its own handout to displaced citizens. Stephen Beard reports.