04 Feb '11, 5pm

BA lifts fuel surcharge on back of high oil prices: LONDON - British Airways said Friday that it will lift its f...

BA lifts fuel surcharge on back of high oil prices: LONDON - British Airways said Friday that it will lift its f...

LONDON - British Airways said Friday that it will lift its fuel surcharge for longhaul flights, blaming soaring crude oil prices for the move. "British Airways will increase its fuel surcharge on longhaul services from Tuesday, February 8," it said in a statement. The carrier will not increase the surcharge on shorthaul services. "The move reflects the continuing substantial increase in the price of oil and a 14 percent rise in the spot price of jet fuel since our last fuel surcharge increase in December 2010," it added. This week, Brent oil prices surged to a record high point above $103 per barrel, which in turn ramped up the cost of kerosene, or jet fuel. BA merged with Spanish peer Iberia last month to create International Airlines Group. However, both airlines retained their current operations and individual brands. The giant merger created Europe's second biggest air...

Full article: http://www.channelnewsasia.com/stories/afp_world_business...

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World food prices reach record high

World food prices reach record high

channelnewsasia.com 03 Feb '11, 5pm

ROME - World food prices reached their highest level ever in January, the UN food agency said on Thursday, as economists w...

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straitstimes.com 04 Feb '11, 10pm

World oil prices remained high in Asian trade Friday, with the market under pressure from the ongoing political crisis in ...

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straitstimes.com 03 Feb '11, 5am

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channelnewsasia.com 09 Feb '11, 12pm

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Why high oil prices? Egypt also home to Suez Ca...

straitstimes.com 04 Feb '11, 3am

World oil prices remained high in Asian trade Friday, with the market under pressure from the ongoing political crisis in ...

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sg.news.yahoo.com 03 Feb '11, 3pm

ROME (AFP) - – World food prices reached their highest level ever recorded in January and are set to keep rising for month...

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channelnewsasia.com 28 Jan '11, 3am

SINGAPORE: Crude prices fell in Asian trade on Friday as investors braced for further interest hikes in China, the world's...

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Oil prices mixed after Mubarak resigns

channelnewsasia.com 11 Feb '11, 9pm

NEW YORK - Oil prices fell sharply in New York but edged higher in London after Egyptian President Hosni Mubarak was force...

Egypt unrest drives oil prices higher

channelnewsasia.com 02 Feb '11, 9pm

NEW YORK - Oil prices rose Wednesday as investors worried about mounting unrest in Egypt that could disrupt traffic in the...

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straitstimes.com 01 Feb '11, 12am

Oil topped US$100 a barrel for the first time since 2008. -- PHOTO: AFP LONDON - OIL surged beyond $100 on Monday for the ...

NTU has set up a new Solar Fuels Laboratory, which aims to turn water into hydrogen fuel

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straitstimes.com 08 Feb '11, 4am

-- PHOTO: NANYANG TECHNOLOGICAL UNIVERSITY SCIENTISTS from Nanyang Technological University (NTU) have set up a new labora...