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Archive for the November 9, 2005

    • News Desk
    • Nov 9th, 2005
    • Comments Off on Asian rubber: China buys tyre-grade

    China is back in the rubber market, buying tyre-grade variety for nearby shipments, while an increase in supply has forced Thailand to cut prices, dealers said on Tuesday. Singapore dealers have bought Indonesia's SIR20 and

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on India not seen wheat imports soon

    India is unlikely to open wheat imports in the coming weeks as the country has sufficient grain stocks and prices are comfortable, a top trade official said on Tuesday. Global grain traders have been closely

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Alcan’s profit halved but hits cost target

    Alcan Inc said on Tuesday its third-quarter profit was more than halved by higher currency, power and raw materials expenses, but the Canadian company hit its annual cost savings target three months earlier than planned.

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Alcan’s profit halved but hits cost target

    Alcan Inc said on Tuesday its third-quarter profit was more than halved by higher currency, power and raw materials expenses, but the Canadian company hit its annual cost savings target three months earlier than planned.

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Sanofi third-quarter earnings beat forecasts

    Sanofi-Aventis third-quarter earnings beat forecasts on all fronts as net profit rose almost 29 percent on merger cost savings and higher sales of most of the world's third-largest drugmaker's products. Sanofi shares gained more than

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Sanofi third-quarter earnings beat forecasts

    Sanofi-Aventis third-quarter earnings beat forecasts on all fronts as net profit rose almost 29 percent on merger cost savings and higher sales of most of the world's third-largest drugmaker's products. Sanofi shares gained more than

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Most French motorway firm bidders still in race

    France received up to 10 bids for the state's stakes in three motorway operating companies following a deadline for firm offers on Monday evening, industry sources and company officials said on Tuesday. The government now

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Japanese foreign reserves edge down

    Japan's official reserves, the world's largest, edged down to $841.792 billion at the end of October from $843.563 billion a month earlier, the Ministry of Finance (MOF) said on Tuesday. Foreign reserves have fallen slightly

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Russia may abolish LNG export duty by year-end

    A Russian government trade commission may decide to abolish export duties on liquefied natural gas (LNG) later this month, the committee's head Economy Minister German Gref said on Tuesday. Russia is not yet producing LNG

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    • News Desk
    • Nov 9th, 2005
    • Comments Off on Oil boom feeds Russian complacency on FDI

    Russia's leaders are being lulled into a sense of complacency by an oil price boom that has brought cash flooding into the economy, sapping their drive to attract foreign direct investment into key productive areas.

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