Oil jumps 2.0pc on expectations of production cuts

LONDON, Dec 04 (Reuters): Oil prices rose more than 2.0 per cent on Tuesday, extending gains ahead of expected output cuts by producer cartel OPEC and a mandated reduction in Canadian supply.Brent crude oil rose $1.55 or 2.5 per cent to a high of $63.24 by 0955 GMT. US light...

German pilots strike deal with Ryanair

FRANKFURT AM MAIN, Dec 04 (AFP): A German union on Tuesday said its pilots had agreed the outlines of a deal with Ryanair for better pay and conditions, calling off further industrial action for now.The breakthrough in the long-simmering row comes after German pilots staged a series of strikes in...