OIL prices hit a record high $US107.44 overnight as the White House announced that US Vice President Dick Cheney would head to OPEC kingpin Saudi Arabia next week to seek increased production
THE Berlin prosecutor has launched a probe of Deutsche Bank chief executive Josef Ackermann on suspicion he granted undue favours to a former politician
COMMONWEALTH Bank of Australia (CBA) has hiked its standard variable home loan rate by 35 basis points - 10 points higher than last week`s official cash rate rise
POTENTIAL buyers of some of Allco Finance Group`s best assets are believed to be walking away from possible purchases because of the difficulty they are having in unravelling a complex structure that involves a reported total of 700 different companies