Most U.S. Stocks Drop on Lending Conern; Energy Shares, Exxon Mobil Fall

(Bloomberg) -- Most U.S. stocks declined, dragging
European shares lower, after a German bank's losses from
subprime mortgages spurred concern rising defaults will reduce
lending and end the boom in leveraged buyouts.

Financial shares fell to a 10-month low after Germany's
IKB Deutsche Industriebank AG said it scrapped an earnings
forecast because of ``massive uncertainty'' in the markets.
Exxon Mobil Corp., the world's largest energy producer,
retreated on a drop in oil prices from an almost one-year high.


Read more at Bloomberg Stocks News

Angola to Load 53 Crude Oil Cargoes in September, Unchanged From August

(Bloomberg) -- Angola, sub-Saharan Africa's second-
biggest petroleum producer, will load 53 crude-oil cargoes in
September, the same number as August.

Tankers will haul shipments ranging from 950,000 barrels to 1
million barrels for companies including Sonangol SA, the state oil
company, and foreign producers such as Total SA, Chevron Corp.,
Exxon Mobil Corp., Eni SpA, BP Plc, Statoil ASA and INA Industrija
Nafta DD, according to a copy of the loading program for the month.


Read more at Bloomberg Energy News