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Archive for  February 2005

    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Tuesday’s unofficial close: US stocks fall as crude jumps $2 a barrel

    US stocks tumbled Tuesday as oil prices hit $51 a barrel, stoking concerns that higher energy costs will eat into corporate profits and curb consumer spending, while Home Depot Inc dragged on home improvement retailers.

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  • Here is how major stock markets outside the United States ended on Tuesday. EUROPE STOCK EXCHANGE: European shares closed lower, weighed by telecoms and oil-sensitive airlines, but late-session gains from technology blue chips such as

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on FTSE posts worst fall for six weeks as Corus and financials hit

    Britain's FTSE 100 suffered one of its biggest falls so far in 2005 on Tuesday as heavy-weight financials dropped on concern they would be among the most vulnerable to a market correction and as signs

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Gold experts in Dubai agree to push marketing

    Gold and jewellery industry experts decided in Dubai Tuesday to work towards forming an umbrella group to better market jewellery as a single category and make it more appealing to consumers, who favour spending on

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on Estonia asks EU to keep sugar fine low

    Estonia has repeated a plea to the European Union to keep an impending fine for surplus sugar stocks low, arguing that stiff punishment would dent the EU's good image among Estonians, press reports said Tuesday.

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  • Oil prices surged nearly 6 percent to a 16-week high above $51 a barrel on Tuesday as a late bout of cold winter weather kept heating fuel demand up in the United States and Europe.

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  • Oil prices surged nearly 6 percent to a 16-week high above $51 a barrel on Tuesday as a late bout of cold winter weather kept heating fuel demand up in the United States and Europe.

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  • NYBOT cotton futures rose to a near 4-1/2 month high near the end of trade Tuesday as speculative buying lifted prices through buy-stop orders placed above the market, traders said. Most-active May cotton gained 1.82

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    • News Desk
    • Feb 23rd, 2005
    • Comments Off on UK grain shippers eye Egyptian wheat market

    UK wheat shippers are looking to win business in Egypt after Cairo last week added them to its list of possible suppliers, Britain's Home Grown Cereals Authority (HGCA) said on Tuesday. On Saturday Egypt's main

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  • The following were Tuesday's Rotterdam vegetable oil prices at 1700 GMT. SOYOIL: EU degummed euro tonne fob ex-mill April 2005 381.00 +6.00 May 2005/July 2005 380.00 +5.00 August 2005/October 2005 378.00 +3.00. RAPEOIL: Dutch/EU euro

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