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  • Aug 3- Loews Corp, a hotel, energy and financial services conglomerate, reported a 44 percent drop in its quarterly operating profit due to lower revenue from its Diamond Offshore Drilling Inc unit and its insurance business. Diamond Offshore, Loews' second-largest subsidiary, also posted an 8.4 percent fall in quarterly revenue, hurt by weak demand due to a slump...

  • May 4- Loews Corp reported a lower-than-expected quarterly profit as its energy subsidiary reported a loss and revenue fell at its insurance unit. According to Thomson Reuters I/B/E/S, Loews earned 69 cents per share on an adjusted basis, below the average analyst estimate of 75 cents. Diamond Offshore Drilling Inc, Loews' second-biggest subsidiary, reported a...

  • US stocks close down despite oil gain; Greece eyed Monday, 9 Feb 2015 | 4:00 PM ET
    Traders work the floor of the New York Stock Exchange.

    U.S. stocks closed down on Monday despite oil settling higher, as concerns about Greece continued to weigh.

  • Grexit, Fed fears weigh on Wall Street Monday, 9 Feb 2015 | 8:17 AM ET
    A man adjusts a Greek flag ahead of the visit of Greek Prime Minister Alexis Tsipras at the European Commission headquarters in Brussels February 4, 2015.

    U.S. stock index futures signaled a lower open on Monday, set to follow European markets lower as negotiations over Greece's bailout program weighed.

  • A fast-growing threat for business owners: Hackers Monday, 8 Sep 2014 | 10:33 AM ET
    Computer hacker cyber crime

    Cyberattacks against small businesses are soaring. To mitigate risk, many owners are opting for cyberliability insurance. Here's why. ...

  • Midday movers: Apple, Darden Restaurants & More Monday, 10 Feb 2014 | 12:22 PM ET

    Some of Monday's midday movers:

  • U.S. stock index futures ticked lower on Monday, ahead of the Federal Reserve meeting and another heavy week for second quarter earnings.

  • Fed May Provide a Safety Net for the Market Friday, 26 Apr 2013 | 8:08 PM ET
    A trader at the Chicago Board Options Exchange (CBOE).

    The Fed is expected to repeat its dovish message in the coming week, which could provide a safety net for the market amid a big wave of earnings and the April jobs report.

  • UK's Osborne warns energy firms over price hikes Friday, 12 Oct 2012 | 5:24 PM ET

    LONDON, Oct 12- Britain's energy suppliers, hit by rising operating and fuel costs, should think twice before hiking rates for cash-strapped families, finance minister George Osborne said on Friday.

  • FACTBOX-UK utilities' latest tariff changes Friday, 12 Oct 2012 | 11:50 AM ET

    LONDON, Oct 12- Britain's' Big Six' energy suppliers, which control 99 percent of the market, are expected to increase energy tariffs this winter following a rise in underlying wholesale prices, network costs and mandatory government schemes to reduce carbon emissions and help disadvantaged households.

  • UPDATE 3-UK energy bills to rise as winter looms Friday, 12 Oct 2012 | 11:02 AM ET

    *British Gas prices to rise 6 pct from Nov. 16. LONDON, Oct 12- Two of Britain's biggest energy suppliers are raising their prices just as millions of cash-strapped consumers switch on their central heating for the winter, saying higher costs made the move unavoidable.

  • *British Gas says faces rising wholesale prices and upgrade costs. LONDON, Oct 12- Centrica PLC, the owner of Britain's biggest energy supplier, is raising its domestic gas and electricity prices by 6 percent next month, saying it was necessary to cover rising wholesale prices and upgrade costs.

  • Gas producers, buyers square up in pricing deadlock Friday, 12 Oct 2012 | 5:02 AM ET

    *Tokyo Gas says oil-indexation "not rational". Producers BG Group, Russia, Norway and Qatar regard them as cornerstones of the business. Tokyo Gas, Japan's single biggest importer of oil-linked, called the global gas pricing mechanism "not rational" in light of cheap U.S. gas exports expected to flood markets by 2016..

  • *British Gas says faces rising wholesale prices and upgrade costs. LONDON, Oct 12- Centrica PLC, the owner of British Gas, Britain's biggest energy supplier, is hiking its domestic gas and electricity prices by 6 percent next month, saying the "unwelcome news" for already tight household budgets was necessary to cover rising wholesale prices.

  • BRIEF-Centrica announces British Gas price hikes Friday, 12 Oct 2012 | 3:03 AM ET

    LONDON, Oct 12- Centrica PLC:. *Will raise domestic gas and electricity prices by an average of 6% on 16. *Annual dual fuel bills for British gas customers with average consumption.

  • National Grid ramps up search for UK CO2 storage site Wednesday, 10 Oct 2012 | 10:05 AM ET

    LONDON, Oct 10- Britain's National Grid Plc. "This drilling operation is a major step forward in the development of a long-term, large-scale CCS cluster of transportation networks and storage facilities in the UK," Jim Ward, National Grid's head of CCS, said on Wednesday.

  • Gazprom expands Nord Stream without gas supply rise Monday, 8 Oct 2012 | 10:55 AM ET

    MOSCOW, Oct 8- Gazprom on Monday launched the second line of the Nord Stream pipeline which brings Russian gas to Germany via the bed of the Baltic Sea, but actual gas volumes remained unchanged due to lack of sufficient growth in demand.

  • LONDON, Oct 8- Britain is in danger of suffering a long-term loss of liquefied natural gas supply as top exporter Qatar sends only left-over short-term deliveries to the UK while more and more of its LNG goes to higher paying Asian customers. Analysts and British energy companies say the strategy rewards Qatar but puts Britain at a significant disadvantage.

  • Production starts at Norway's Atla gas field Monday, 8 Oct 2012 | 8:58 AM ET

    OSLO, Oct 8- Norway's small Atla gas field in the North Sea has started producing gas two years after it was discovered, Norwegian oil firm Det Norske, a partner with 10 percent in the production license, said on Monday.

  • PRESS DIGEST - Sunday British business - Oct 7 Sunday, 7 Oct 2012 | 8:15 AM ET

    Sunday Times GERMAN THREAT TO BLOCK BAE DEAL Germany has threatened to scupper the 28 billion pound merger of BAE Systems and EADS unless the headquarters of the combined company is located in Munich.