Sunday, June 04, 2006

Bumper profits in store

Bumper profits in store for Wall St banks
Wall Street investment banks are expected to shrug off market volatility to report the second most profitable quarter in their history in the next few weeks.

Oil climbs over $73

Oil climbs over $73 on worries over Iran flows
SINGAPORE (Reuters) - Oil prices climbed over $73 on Monday after Iran hinted it might use oil production as a weapon in its nuclear dispute with the West and hitches at U.S. refineries spurred worries over fuel supplies.