LONDON: The world faces an oil supply crunch within the next five years, British business leaders led by Virgin tycoon Richard Branson warned on Wednesday. Original post: World faces oil supply crunch by 2015, say British business leaders (Channel NewsAsia)

With two children to raise, Portland resident Nathan Frensley might have picked the worst time to finish his education to become a massage therapist. He received his license in June 2008 and attempted to start his own business as the economy plummeted, and is now struggling to stay afloat. “It’s been tough. It’s been very stressful,” he said. “There haven’t been...

BURLINGTON, Mass., Feb. 10 /PRNewswire/ — 123Together.com – a mindSHIFT Technologies company and the leading provider of hosted email and collaboration services – today announced the immediate availability of its Desktop Data Backup service to its small business customers. Excerpt from: 123Together.com Expands Its Suite of Hosted Business Services with the Addition of Desktop Data...

CINCINNATI – Convergys Corp., a business services outsourcing provider, said Wednesday that former Alltel Corp. executive Jeff Fox will take over as president and CEO. Link: Business services company Convergys names ex-Alltel exec Fox as CEO, replacing Dougherty (Minneapolis-St. Paul Star Tribune)

MOSCOW, February 10 (Itar-Tass) – Russia’s largest bank Sberbank has resumed accepting applications for state-subsidized auto loans, the bank said Tuesday, the economic news agency PRIME-TASS reported. Follow this link: Sberbank resumes accepting bids for state-subsidized auto loans (Itar-Tass)

Loans extended by commercial and universal banks bounced back to a double-digit growth in December in what monetary officials said was due to the pickup in demand for credit and ease in supply amid perception that the worst of the global crisis was over. See the rest here: Bank loans back to double-digit growth in December—BSP (Philippine Daily Inquirer)