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How one bank avoided the meltdown

Not every player in banking is getting clobbered these days. BNP Paribas, which sparked part of the very first global credit-crunch panic when it froze three funds on Aug. 9, 2007, may emerge as the bank least affected by the industry's carnage.

UK home prices drop akin to 1990

British house prices continue to fall at a rapid rate, with the average home in August selling for 10.5% less than it did a year ago.

Passengers stranded after Zoom planes grounded

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Dollar rises on stronger GDP, falling oil

The dollar rose against major foreign currencies Thursday as investors cheered a sharp drop in oil prices and a robust quarterly reading on the U.S. economy.

Tokyo market cheers Ricoh's Ikon buyout

While U.S. real estate fades, Middle East booms

Edward Leftwich loves to show visitors around the Mohammed Bin Rashid Gardens. It's a massive 4,000-building mixed-use project that he just finished constructing for a client in Dubai, complete with hundreds of waterways, roads, and parks. But you don't have to fly to Dubai to see it - the miniature city fits inside Leftwich's office in Atlanta.

Japan's Ricoh to buy IKON for $1.6B

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Toyota raises hybrid prices in Japan

Automaker increases prices for the Prius and Harrier hybrids in response to the soaring cost of raw materials.

Rio Tinto's profits double

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India's ONGC buys Imperial Energy

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Russia may lessen U.S. poultry imports

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Chinalco stake in Rio Tinto cleared

Australia approves Aluminum Corp. of China's stake in miner and takeover target Rio Tinto.

Britain's economy grinds to halt

Slowdown in second quarter ends nearly 16 years of continuous growth.

Why oil won't fall below $100

Last week falling oil prices looked unstoppable. The last few days have seen a halt in that slide. Still with prices well below the record set in July and a shaky world economy threatening demand, the question remains: How low can oil prices go?

Russian oil tycoon's parole is denied

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Lone Star to buy Germany's IKB

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Apple's iTunes blocked in China

Japan shares rise sharply

BAA urged to sell 3 UK airports

Britain's competition watchdog criticizes lack of airport capacity, slow route development, higher charges.