Business news with words economy+fuel. 60 or more news.

Reuters - Oil steadied near $96 a barrel on Monday, heading for its biggest annual gain this decade as dwindling fuel stocks and growing concern over political turmoil offset the impact of a softening U.S. economy.

LONDON (Reuters) - Oil steadied near $96 a barrel on Monday, heading for its biggest annual gain this decade as dwindling fuel stocks and growing concern over political turmoil offset the impact of a softening U.S. economy.

Toyota Motor Corp. plans to introduce a concept hybrid pickup truck featuring improved fuel economy and lower emissions at the 2008 North American International Auto Show in Detroit, the automaker said Friday.

Toyota Motor Corp. plans to introduce a concept hybrid pickup truck featuring improved fuel economy and lower emissions at the 2008 North American International Auto Show in Detroit, the automaker said today

Toyota Motor Corp. plans to introduce a concept hybrid pickup truck featuring improved fuel economy and lower emissions at the 2008 North American International Auto Show in Detroit, the automaker said Friday.

Toyota Motor Corp. plans to introduce a concept hybrid pickup truck featuring improved fuel economy and lower emissions at the 2008 North American International Auto Show.

CHINA has never been and will never be a threat to the world's energy security, the government said in the country's first energy white paper issued today. China's bustling economy is mostly driven by the country's own energy resources as 90 percent of the fuel comes home-made, much higher than most developed countries, the government said in the 44-page paper published by the Information Office of the State Council today. China is the second-biggest energy producer in the world, the paper said. China's galloping needs for energy to support the country's booming economy prompted complaints from some western countries that Chinese demand is driving record-high world crude prices. China's average per capita energy consumption is only three-quarters of the world's average level and per capita oil consumption is only half, the paper said. The paper also pledged that the government will promote hydroelectric, nuclear, solar and wind energy, as well natural gas extracted from

Toyota Motor Corp. plans to introduce a concept hybrid pickup truck featuring improved fuel economy and lower emissions at the 2008 North American International Auto Show in Detroit, the automaker said Friday.

The weak dollar and an influx of wealthy foreign collectors fuel record sales while other sectors of the economy falter. Art is hot.

SRI Lanka's central bank will probably keep its benchmark interest rate unchanged at the highest level in Asia in a bid to contain inflation without threatening economic growth. Central Bank of Sri Lanka Governor Nivard Cabraal will leave the repurchase rate at 10.5 percent for a 10th straight meeting, according to nine of 11 analysts surveyed by Bloomberg News. Two expect a half point increase. The decision is due tomorrow in Colombo. The central bank forecasts the economy will next year expand between seven percent and 7.5 percent, the fastest pace in 30 years, as the government spends money to rebuild the eastern region captured from Tamil Tiger rebels in July. Cabraal said last month that borrowing costs at a five-year high were sufficient to bring inflation below 10 percent next year from about 20 percent now. "The central bank will look to fuel growth as much as possible," said Geeth Balasuriya, an analyst at HNB Stockbrokers Pvt in Colombo. "Although

It's taken more than two decades of fighting, but the auto industry finally has a new fuel economy standard it can live with. The magic number is 35 mpg, and automakers have 13 years to get there. Now the question is: How?

The bill which passed on a bipartisan vote of 314 to 100, sets higher fuel economy standards for cars and light trucks for the first time in 22 years and requires the annual production of 36 billion gallons of renewable fuels by 2022.

LONDON–Oil held near $91 a barrel Friday as falling inventories in top fuel consumer the United States at the height of winter demand countered concern about its economy.

President George W. Bush has signed legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it andquot;a major stepandquot; toward U.S. energy independence and easing global warming.

WHEN General Motors Corp pulls the cover off a new supercharged version of the Corvette at the Detroit auto show next month, it will unveil a performance car designed to rival or better even the fastest, most expensive exotic cars from Europe. But the Corvette's chief engineer said the 2009 Corvette ZR1 may be the last in a long tradition of Detroit performance cars, endangered by stronger federal fuel economy regulations and limits on carbon dioxide emissions. "High-performance vehicles such as this may actually be legislated out of existence," Tadge Juechter said at a recent showing of the ZR1, which is designed to have around 620 horsepower. President George W. Bush signed into law on Wednesday legislation that will bring more fuel-efficient vehicles into auto showrooms and require wider use of ethanol, calling it "a major step" toward energy independence and easing global warming. The legislation requires auto makers to increase fuel efficiency by 40

Reuters - Package delivery company FedEx Corp reported lower quarterly profit on Thursday, citing weak U.S. economic growth and high fuel costs, and gave an outlook for the current quarter below analyst estimates, sending its shares 1 percent lower.

FedEx reported a drop in quarterly earnings and predicted another shortfall this period as high fuel costs and a weakening US economy limited demand for freight and express deliveries in its home market

The 2009 Corvette ZR1, which General Motors will unveil at the Detroit auto show next month, may be the last in a long tradition of Detroit performance cars, endangered by stronger federal fuel economy regulations and limits on carbon dioxide emissions.

AP - Package courier FedEx Corp. reported Thursday its second-quarter profit fell 6 percent from a year ago, largely due to high fuel costs, lower demand for freight shipments and an overall sluggish U.S. economy.

Corvette's chief engineer says the 2009 Corvette ZR1 may be the last in a long tradition of Detroit performance cars, endangered by stronger federal fuel economy regulations and limits on carbon dioxide emissions.