Archive for the November 4, 2005
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The Dutch consumer goods group Unilever reported on Thursday a surge in net profit because of an asset sale but said underlying earnings had suffered from increased advertising and promotional spending. The food and household
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Comcast Corp, the top US cable operator, on Thursday posted lacklustre quarterly profit and its stock fell 5 percent on worries about customers dropping its basic cable service. The company reported profit for the third
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Federal Reserve Chairman Alan Greenspan on Thursday said the US economy has good momentum, but cautioned that the prospects for keeping inflation under control were more problematic. "Structural productivity continues to grow at a firm
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US business productivity surged in the third quarter, far outpacing Wall Street forecasts, and an unexpected decline in labour costs helped ease inflation worries. Non-farm productivity, or worker output per hour, grew at a 4.1
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France said on Thursday the European Commission's latest offer on farm tariffs at global trade talks had gone beyond the negotiating mandate given to it by European Union member states. "The proposal that we have
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Growth in East Asia's emerging economies will slow to 6.2 percent in 2005 from 7.2 percent the previous year and will suffer severely if a bird flu pandemic breaks out, the World Bank said Thursday.
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The World Bank said Thursday China's economy is likely to remain strong next year but warned it is time to look for new growth models that will let more people get a fair share of
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A US trade panel voted Wednesday to maintain punitive tariffs on shrimp from Thailand and India, rejecting an effort to ease the duties in the wake of the devastating 2004 Indian Ocean tsunami. The quasi-judicial
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The European Central Bank needs to be strongly vigilant against inflation and is ready to raise interest rates at any time, President Jean-Claude Trichet said on Thursday, after the ECB kept borrowing costs steady. But
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Germans need to work until well into their 60s to keep the country's strained pension system operating and firms must be more ready to retain them, Germany's conservative and Social Democrat (SPD) leaders said on
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