Business Online - бізнес-новини України

Speaking at a meeting with representatives of public organizations and experts for consumer protection Prime Minister Mykola Azarov said he is concerned about the poor quality of petrol at domestic filling stations.

U.S. prosecutors say about two dozen people have been arrested in a multi-million dollar counterfeiting ring that shipped fake brand-label goods from China to the United States.

British Petroleum has announced it has reached a multi-billion-dollar agreement with fishermen and other plaintiffs who sued over the 2010 Gulf of Mexico oil spill off the U.S. coast.

Warheads command close attention, especially when they’re aimed at Iran’s nuclear facilities.

Gasoline prices have climbed every day for the last 35 days so it’s no wonder why consumers are worried that record levels are destined for the pump in the next few months. But the many reasons behind the climb aren’t quite so easy to decipher — making prices even harder to predict.

President Barack Obama is defending his energy plan against opposition Republican claims that his policies are driving up fuel prices. The president is also demanding an end to government subsidies for oil companies.

Iran is to accept gold instead of dollars as payment for its oil, the country's state news agency has said.

Iran’s latest saber-rattling has made its mark on the oil market already, contributing to a rally in U.S. prices to more than $102 per barrel, but while nervousness in the market over Iranian threats is warranted, outright fear is not.

New York () - In a warning sign that the outperforming luxury sector may be showing some signs of strain, Tiffany & Co. on Tuesday cut its full-year profit outlook after holiday season sales of fine jewelry slowed “markedly” in the U.S. and Europe.

San Francisco () - Gasoline prices at the pump started the year off with a bang — at the highest-ever level for the start of a new year, and analysts expect a particularly volatile 2012.