Archive for the November 3, 2005
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Chicago Board of Trade rough rice futures rallied on Tuesday amid strong commercial buying, traders said. "Commercial buying pushed the market into buy stops. We hit a new high for the move," one rice trader
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Asia's rubber market remained subdued on Wednesday, thinned by holidays in some major producing and consuming countries this week, with physical prices little changed but Tokyo futures inching up on a weaker yen. "There are
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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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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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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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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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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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