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Archive for the February 2, 2005

    • 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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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Japan distances itself from UK aid plan for poor

    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

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  • 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

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  • 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

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US factories expanded more slowly in January

    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

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Eurozone jobless rate up in December

    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

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Stock markets irrational: US study

    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

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  • 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

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Graft and red tape hurting Arab economies

    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

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