Fortune

British Chancellor of the Exchequer Alistair Darling (L), French Finance Minister Christine Lagarde (C) and US Treasury Secretary Tim Geithner (R) talk after their G7 meeting at the Istanbul Congress Center October 3, 2009.[Agencies] ISTANBUL: Finance ministers from the Group of Seven rich countries warned the recovery remains and tried to talk up the US dollar amid fears it could fall farther and disrupt the global economy. The officials said in their closing statement after meetin..

HOUSTON: World oil demand will grow next year for the first time since 2007 and return to pre-recession levels by 2012, according to a newly released report. A general view of an artificial island on Kashagan offshore oil field in the Caspian sea, western Kazakhstan August 11, 2009. World oil demand is expected to grow by 900,000 barrels to 84.6million barrels per day (mbd) in 2010, and return to its 2007 high of 86.5 mbd by 2012, the report released Tuesday by IHS-Cambridge ..

WASHINGTON: Bank of America Corp. has agreed to pay a $33 million penalty to settle government charges that it misled investors about Merrill Lynch's plans to pay bonuses to its executives, regulators said Monday. In this May 7, 2009 file photo, people move past a Bank of America branch is shown in downtown Philadelphia, Thursday, May 7, 2009. In seeking approval to buy Merrill, Bank of America told investors that Merrill would not pay year-end bonuses without Bank of America's con..