- Crude edges further below $70, after fall on China.
- Markets plummet on China; sugar bucks trend.
- Libya denies Megrahi release linked to oil deals.
Reuters 1st September 2009.
- Entertainment giant Walt Disney is to buy Marvel Entertainment in a shares and cash deal valued at $4bn (£2.5bn).
- Prime Minister Gordon Brown has said that the culture of bank bonuses should be geared towards long-term success.
- PetroChina has agreed to buy a 60% stake in two planned Canadian oil sands projects for $1.7bn (£1bn).
BBC Business News 1st September 2009
- John Terry signs new 5 year deal to stay at Chelsea as the transfer window closes today.
- In Formula 1 , Fisichella closes in on move to Ferrari from Force India.
- Venus Williams 3 points from defeat before winning at the US Open.
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