Archive for February 2005
-
Japan on Tuesday distanced itself from British proposals to reduce debt and provide extra grant aid to help the world's poorest countries, arguing that loans are still useful as long-term development tools. "There has been
Read More -
Diversified manufacturer Tyco International Ltd on Tuesday said quarterly net profit slipped on charges to pare debt and sell assets, and its shares fell 4 percent on lower-than-expected sales and rising inventory. Tyco, whose products
Read More -
Diversified manufacturer Tyco International Ltd on Tuesday said quarterly net profit slipped on charges to pare debt and sell assets, and its shares fell 4 percent on lower-than-expected sales and rising inventory. Tyco, whose products
Read More -
US factory output grew more slowly in January as companies received fewer orders, although managers did show a renewed desire to hire new workers, an industry survey showed on Tuesday. As manufacturers began the new
Read More -
The eurozone unemployment rate rose to 8.9 percent in December from a revised 8.8 percent in November, data showed on Tuesday, confirming the region's chronic inability to create jobs despite modest growth. The jobless rate
Read More -
Investors who feel there is no good reason for their stock losses may be right, said US researchers who reported on Monday that an irrational computer model very accurately predicted activity on the London Stock
Read More -
Germany's annual rate of inflation slowed to 1.6 percent in January from 2.1 percent in December as a spike in health costs last year fell out of the consumer price index, preliminary official data showed
Read More -
To win more foreign investment Arab countries must tackle corruption and red tape, reform weak legal system and cut high business costs, OECD and World Bank representatives said on Tuesday. "A lack of a private
Read More -
China lent Russia $6 billion to help the Kremlin denationalise the key unit of oil major Yukos, officials said on Tuesday, underpinning oil-hungry Beijing's efforts to tap into Russia's huge energy business. Finance Minister Alexei
Read More -
Singapore share prices closed flat on Tuesday following three straight sessions of gains with blue chips leading the losses, dealers said. They said underlying investment sentiment remained strong and anticipated further gains in coming sessions.
Read More