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Archive for  November 2005

    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Soyabeans rise on technical rebound

    Soyabean futures at the Chicago Board of Trade rose more than 10 cents per bushel on Tuesday on a technical rebound after falling to a 2-1/2 week low on Monday, traders said. Firm US cash

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  • Nortel Networks Corp, one of the world's largest telecom equipment suppliers, reported surging sales and a smaller third-quarter loss on Wednesday, as it hiked its 2005 sales forecast. Nortel, stung last year by an accounting

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  • Nortel Networks Corp, one of the world's largest telecom equipment suppliers, reported surging sales and a smaller third-quarter loss on Wednesday, as it hiked its 2005 sales forecast. Nortel, stung last year by an accounting

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on US and China ‘inching closer’ to textile deal: Portman

    US and Chinese negotiators are "inching closer" to an agreement that would rein in China's booming textile and clothing exports to the United States, a top US trade official said on Tuesday. "We're still in

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Delta asks court to void pilots contract

    Delta Air Lines asked a bankruptcy court judge to allow it to void a contract with its unionised pilots after talks with the group failed to secure $325 million in annual concessions the company says

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  • Southern African nations are maintaining their plan to set up eventually a single currency in order to facilitate trade, Mozambique's President Armando Guebuza said on Wednesday in an interview published here. The 14-nation Southern African

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on ‘China’s economy has already landed’

    China's economy has already achieved its long-awaited landing even with growth rates around 9 percent, the central bank's chief economist said on Wednesday. The comments suggested no further measures would be needed to hold back

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on Europe inflight mobile framework expected in February

    OnAir, a European firm backed by planemaker Airbus that aims to introduce in-flight mobile phone service in 2006, said it expected a key framework agreement on co-ordinating telecoms regulations by February. "Before passengers can use

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on German jobless falls in October, mini-jobs cited

    The number of Germans out of work fell by a larger-than-expected 36,000 in October, the Labour Office said on Wednesday, helped by a moderate economic recovery, state-sponsored mini-jobs and mild weather. After a statistical blip

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    • News Desk
    • Nov 3rd, 2005
    • Comments Off on China sets bird flu fund, US fears for poultry trade

    Chinese Premier Wen Jiabao has earmarked $248 million to fight bird flu, state radio said on Wednesday, as US and Chinese officials discussed US chicken exports should bird flu reach the United States. Wen presided

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