Stocks: A Terrible Thursday

BusinessWeek - Major U.S. indexes each tumbled nearly 3% as worries intensified over the health of the economy. All eyes are on Friday’s jobs report.

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Storm clouds over the oil market

Financial Times - Bullish forecasters who predicted a few weeks ago that oil prices would soon top $200 a barrel may be feeling chastened. The price of US West Texas Intermediate is down almost 27 per cent from its July record of $147.27 a barrel, trading at $108 on Wednesday, a whisker [...]

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EU to propose caps on fees for text messages

IHT - The European Union’s telecommunications minister plans to propose a new set of price controls that would sharply cut the roaming fees charged by mobile operators to send short text messages while also reducing the cost of surfing the Internet on a cellphone.

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Solar panels ‘take 100 years to pay back installation costs’

Independent - Solar panels are one of the least cost-effective ways of combating climate change and will take 100 years to pay back their installation costs, the Royal Institution of Chartered Surveyors (Rics) warned yesterday.

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Oil at $80 a Barrel?

BusinessWeek - With energy prices falling despite Hurricane Gustav, traders are talking about the end of a speculative bubble.

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Tiny Turbines May Have a Bright Future

Spiegel - They are small and look more like art than innovation. But the mini-windmills built by a British company could soon be on roofs across Europe and the US — if German energy giant RWE has its way.

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Johnny Rotten: Respect is my motto

Times - He was an Antichrist. He was an anarchist. Now the combustible Sex Pistol John Lydon has turned his back on disrespect.

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