BA shares have fallen after they issued a warning on profits. They have said that its profits could fall by 25% over the next year because of rising oil prices. The price of crude has hit an all time high of $105.97 a barrel meaning that the airline will have to abandon its target of making profit margins of 10%.

Backgammon Masters the home of online backgammon is now available in Bulgarian. Previously the website was already available 13 different languages including French, German, English, Spanish, Portuguese, Danish, Arabic, Hebrew, Turkish, Greek, Chinese, Italian, Japanese with the addition of Bulgarian making the 14th language. Users are able to switch between languages in the game lobby by clicking on their countries flag to select their chosen language.

Backgammon Masters currently offers a number of online games including backgammon , poker, blackjack and perudo. The nice thing about this particular website is that because it is available in so many different languages, they have one the largest online gaming communities allowing you to play with people all over the world. The site also supports several different currencies including US Dollars, British Pounds, Euros and Canadian Dollars with the cashier converting your transaction into US Dollars at no extra charge and based on the best exchange rate. There are currently plans to expand the community further with the future addition of other languages including Dutch and Russian so it looks like they will soon be able to accommodate most nationalities. There are also plans to expand their live online help facility which is currently only available in English to include multi language operators. At this rate it looks like Backgammon Masters will soon achieve world domination.

It appears that the growing demand for Champagne has left wine growers in the region struggling to cope. Annual sales have now grown to £7 billion meaning that French authorities are considering expanding the region in which wine growers are allowed to make Champagne. Currently 317 villages have been judged to have the right soil and weather conditions that are needed to produce grapes of sufficient quality to make Champagne. The boundaries are now likely to be redrawn to include a further 40 villages which will start producing Champagne within ten years. Last year the British were the biggest Champagne drinkers outside of France, consuming 39 million bottles.

Marks and Spencer will start charging customers for carrier bags with the money raised going to an environmental charity. Customers will be charged 5p for every carrier bag. The move follows a successful trial at 50 of its stores in Northern Ireland and south west England. The trial saw the demand for bags fall by more than 70%. Chief executive Si Stuart Rose said that if this figure was replicated across the county the number of bags used could be reduced by 280 million a year.

Household water bills are set to increase by 5.8% on average across England and Wales. The regulator Ofwat said that the increases will mean the average combined bill will be about £330 a year, a rise of about £18. However, in some areas of the country the combined bill rise is as much as 8% although the increase is actually lower than last years average price increase of 7%. Customers of South West Water will see the smallest rises of 3.7% on their annual water bill meaning and increase of £18. Southern Water customers will see an increase of £26, whilst Wessex Water customers face an increase of £29.

As someone who uses my car rarely I have not really noticed a rise in fuel costs. This article, however, suggests that drivers are now paying around £18.84 a month more for fuel. Petrol now costs 17p a litre more than it did this last year with the average price at £1.04p a litre. This means that a driver with an average 50 litre fuel tank pays £8.79 more every time they fill up with petrol. Diesel is up too, having soared to an average price of £110.3p a litre compared with 91.1p a year ago. The huge rises have been blamed on the weak dollar and unrest in oil producing countries. The situation however, is likely to get worse, if Alistair Darling goes ahead with his plans to add an extra 2p per litre to fuel duty. Business groups and the motoring lobby are currently calling for the government to scrap the planned rise in the light of rising prices.

Sainsbury’s will launch a new collection of clothes that are made from recycled plastic. The clothes are made from plastic such as soft drink bottles, fruit and vegetable packaging and meat trays. The new range will include shirts, trousers and skirts and will go on sale at half of the group’s stores later this year.

French vineyard owners are to start shipping some of their wine by boat. This method of shipping was last used in the 1800s but could help to reduce their carbon footprint. Although shipping by boat takes around a week longer than by plane it is estimated that it will save 4.9oz of carbon per bottle. Later this month 60,000 bottles from Languedoc will be shipped to Ireland with further voyages planned soon. Each bottle shipped by boat will be labelled as “carried by sailing ship, a better deal for the planet”.

Tate and Lyle sugar is to be Fairtrade accredited. This will make it the largest UK firm to carry the Fairtrade label. Granulated white cane sugar will be the first Fairtrade product but Tate and Lyle expect the whole range to follow by the end of 2009.

npower are the latest energy company to report a massive rise in profits. The firm has reported a 41% rise in profits making £724m last year. The news comes after British Gas reported a fivefold increase in profits. The consumer group energywatch have launched an investigation into household bills amid concerns that companies are profiteering at the expense of their customers. News of npower's profits came only weeks after it raised electricity bills by 12.7% and gas bills by 17.2%.