Oil prices fell to near $91 a barrel Thursday in Asia after Germany's leader said a Greek vote in December on a debt bailout package could lead to Greece leaving the euro zone.

Benchmark crude for December delivery was down $1.10 at $91.41 a barrel at late afternoon Singapore time in electronic trading on the New York Mercantile Exchange. The contract rose 32 cents to settle at $92.51 in New York on Wednesday.

The leaders of the world's most powerful economies confronted a new financial crisis Thursday as they began a G20 summit with markets in plummeting and Greece facing a forced exit from the euro.

As France and Germany tried to bully Athens back into line, the Eurozone debt crisis threatened to engulf Italy, which saw the costs of its borrowing hit record highs amid fears over Europe's bail-out mechanism.

Dubai's Emirates airline posted Thursday a 76 percent drop in net profits in the first half of its financial year, reaching 827 million dirhams ($225 million) as fuel cost surged, a statement said.

The state-owned carrier, which posted net profits of 3.4 billion dirhams ($925 million) in the corresponding period last year, said climbing fuel prices have inflicted an extra cost of one billion dollars.

The U.N. development agency called Wednesday for a currency transaction tax to help the world's poorest countries deal with the effects of climate change.

"In updated analysis prepared for this report, the North-South Institute estimates that a tax of 0.005 percent would yield around $40 billion a year," said the UNDP's annual Human Development Report.

Britain's state-rescued Lloyds Banking Group said on Wednesday its chief executive Antonio Horta-Osorio had temporarily stepped down due to illness and was being replaced by its chief financial officer.

Horta-Osorio, 47, who became chief executive in March, is understood to be suffering from fatigue, according to sources.

Even as Europe's debt crisis spirals out of control, Wall Street is casting an eye on a fast-approaching congressional deadline that could spark a debt crisis this side of the Atlantic.

U.S. investors -- for weeks preoccupied with the tumult raging in Greece and the broader Eurozone -- are starting to look with trepidation at the November 23 deadline for a Congressional committee to agree to $1.2 trillion in deficit cuts.

Kuwait Finance House, the emirate's leading Islamic bank, said Wednesday its net profits dropped in the third quarter and first nine months of 2011.

KFH's third quarter net profit fell 4.5 percent from the same period a year ago to $92.1 million, the bank said in a statement posted on the Kuwait Stock Exchange website.

British authorities were Tuesday to tell anti-capitalist protesters camped by St. Paul's Cathedral to remove their tents from outside the London landmark within 48 hours or face legal action.

The City of London Corporation local authority was to hand a letter to demonstrators who have turned the churchyard into a sprawling campsite and triggered turmoil in the cathedral hierarchy.

Japanese high-tech firm Hitachi on Tuesday said its net profit fell 67.8 percent in the six months to September, hit by the impact of the March earthquake and a strong yen.

Hitachi's net profit came to 50.9 billion yen ($652 million) in the April-September first half, which was still slightly higher than a recently upgraded profit forecast of 50.0 billion yen.

Turkey's economic development and its role as a regional power will be reinforced by a strengthening of its democracy and peace with its neighbors, U.S. Secretary of State Hillary Clinton said Monday.

"Turkey’s ability to realize its full potential depends upon its resolve to strengthen democracy at home and promote peace in the neighborhood," Clinton said in a speech at the American-Turkish Council.