Wholesale Prices Surge on Food, Oil
Tuesday, 17 June 2008 15:47
Producer prices soared 1.4% in May at their fastest pace in six months, led by higher energy and food prices while pressures accelerated deeper in the production pipeline. Housing starts fell, as the current account deficit widened.

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Climate campaigners plan to unload coal from a train they have blocked on its way to a UK power station.

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The FSA said it will introduce a rule that obliges investors to disclose significant short positions in companies undertaking rights issues, in an effort by the U.K."s market regulator to combat potential market abuse.

Israeli officials have resumed indirect peace talks with Syria with the mediation of Turkey, reports say.
 

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