CONGRESSIONAL THREAT: Despite Henry Paulson's claim of `tangible results' and a new aviation agreement, lawmakers still want to impose tariffs on Chinese imports
The US and China struck civil aviation and financial sector access deals on Wednesday but they made no headway on the divisive issue of Chinese currency reform, stoking anger on Capitol Hill.

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A group of institutional investors and shareholder advocates is calling for the ouster of a member of Exxon Mobil Corp's board of directors, saying the oil giant is putting itself at financial risk by continuing to ignore global climate change.

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BIANNUAL REPORT: The agency's chief economist, however, warned policymakers could face `treacherous waters' in the housing markets and with petroleum prices
The global economic outlook is bright for this year and next, the OECD said yesterday, while pressing governments to invest windfall tax revenues to avoid the "boom-bust" cycles of the past.

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Boeing Co reaffirmed its outlook on Wednesday for strong growth this year and next, telling investors it remains on pace for double-digit increases in earnings and revenue as it rides momentum linked to the new 787 jet.

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Who would bid US$3.9 billion at an auction and then disappear? The mystery is gripping Russia's business community after a Moscow-based company called Prana appeared to do just that.

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■ METALS
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