Shells Canadian oil sands business is suffering a profitability squeeze because of the soaring cost of energy needed to extract bitumen from sand.

Added: 2008-03-18

Shell counts rising cost of squeezing oil from sand in Canada

Category: varial news

Barclays SIV Golden Key goes into receivership

A structured investment vehicle set up by Barclays' investment banking business has become the latest to fall into receivership as the value of its assets falls.

Taylor Wimpey to close a third of its offices as housing slowdown bites

The slowdown in the housing market is threatening a further 1,300 jobs.

Budget 2008: Alistair Darling does not know how to fix Brown's mistakes

Even before Alistair Darling began his Budget speech, he was already on course to make more than 5 million families worse off by increasing their tax bill.