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Archive for  February 2005

    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Sharp posts third quarter profit rise on LCDs, keeps outlook

    Japan's Sharp Corp on Tuesday posted an 11 percent rise in quarterly profit as strong sales of liquid crystal displays (LCDs) and mobile phones offset falling chip prices, and it left its full-year outlook unchanged.

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on British home loan approvals rise in December

    The number of British loans approved for house purchases rose in December for the first time in seven months, the Bank of England said on Tuesday, suggesting that the property market slowdown could be moderating.

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on American Express to spin off personal finance unit

    American Express Co the global credit card and travel services company, on Tuesday said it will spin off its personal finance unit in a move intended to boost profitability. The New York-based financial giant said

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on American Express to spin off personal finance unit

    American Express Co the global credit card and travel services company, on Tuesday said it will spin off its personal finance unit in a move intended to boost profitability. The New York-based financial giant said

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Global factory growth eases, worst may be over: PMI

    Global manufacturing growth eased slightly in January as slack new orders offset firmer output and employment, but the worst may be over as conditions are in place for a recovery, a key indicator showed on

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Citigroup memorandum details bond profit strategy

    An internal Citigroup memorandum detailed how the US financial services company could "very profitably" manipulate the eurozone government bond market two weeks before it made several controversial trades, Britain's Financial Times newspaper said on Tuesday.

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Citigroup memorandum details bond profit strategy

    An internal Citigroup memorandum detailed how the US financial services company could "very profitably" manipulate the eurozone government bond market two weeks before it made several controversial trades, Britain's Financial Times newspaper said on Tuesday.

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Recovery in Japan incomes, jobs seen sketchy

    With unemployment falling to levels not seen in six years, the average Japanese "salaryman" should be feeling more confident than he has been in a long time. But a closer look shows a recovery in

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Full release of search engine unveiled

    Microsoft Corp unveiled the full-release version of its search engine on Monday, turning up the heat on Web search leader Google Inc. The world's largest software maker also revamped its MSN.com Web portal www.msn.com to

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Gates vows Microsoft will be ‘responsive’ to EU

    Microsoft Corp Chairman Bill Gates will ensure the software giant is "very responsive" to the antitrust demands of the European Union, he said on Tuesday. The EU's executive Commission believes Microsoft is dragging its feet

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