'UNPRECEDENTED': BP cited production issues at refineries and limits on imports for inadequate fuel supplies in the Sydney region, while Shell cited a refinery shutdown
Royal Dutch Shell Plc and BP Plc, two of Australia's four crude-oil refiners, published apologies in newspapers yesterday for shortages of gasoline in the Sydney region amid accusations of unwarranted price increases.

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LEAPING AHEAD: Since the government offered a package of incentives, seven automakers have presented proposals to the Board of Investment
Incentives from the Thai government to encourage automakers to produce fuel-efficient "eco-cars" have yielded a raft of major investments and started to change how Thais drive, experts said.

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One of Italy's top union leaders on Saturday challenged Air France-KLM's chairman to offer a better deal for workers at ailing Alitalia or risk negotiations failing.

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OPEC has no plans to cut crude output after prices fell from a record, said Chakib Khelil, the president of the group that controls more than 40 percent of the world's crude supply.

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The arrest last week of two British-educated men on spying charges in Moscow was less a Cold War-style incident than a Kremlin power game around who controls oil giant TNK-BP, observers said.

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■ FINANCE

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