Iraq's capacity puts pressure on oil prices

The recovery of Iraq’s oil industry is putting downward pressure on global oil prices as the ability of the world market to absorb the extra capacity might be limited, say oil experts.

Basel II costs rising, says survey

A survey of banks in Europe and North America, sponsored by the consultancy firm Accenture, has found dwindling optimism and rising predicted costs for the implementation of Basel II, with the cost of compliance now estimated to be £2.5 billion for the…

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