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Archive for the November 2, 2005

    • News Desk
    • Nov 2nd, 2005
    • Comments Off on UK gives green light for Euronext to bid for LSE

    The UK competition watchdog gave the green light on Tuesday for a formal bid by European bourse operator Euronext for the London Stock Exchange. Ending a seven-month enquiry into take-over plans by Euronext and Deutsche

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on South Korean exports hit record high

    South Korea's exports hit a record monthly high of more than 25 billion dollars in October thanks to strong overseas demand for cars, ships and machinery, government data showed Tuesday. Customs-cleared exports rose 13.4 percent

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on EU could do more to cut farm tariffs: US

    The European Union could go farther in its offer to cut farm tariffs under the parameters of its own agricultural reform plan, a US trade official said on Tuesday. "The EU proposal does not extend

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Manufacturing activity picks up in Europe and Japan

    Strong global demand boosted exports from the eurozone and Britain, pushing manufacturing sector growth in both areas to multi-month highs, surveys of purchasing managers showed on Tuesday. In Japan, buoyant domestic demand pushed up the

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on Bird flu fears already impacting on economies

    Fears about avian influenza were already damaging some Asian economies and the impact of a full-scale pandemic would be "catastrophic", a conference of international health officials was told Tuesday. Officials from the 21 Asia-Pacific Economic

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on US panel recommends to revamp tax system

    A high-level panel appointed by President George W. Bush Tuesday recommended the first wholesale revisions to the US tax code in two decades to encourage savings and economic growth. The panel's report said that without

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  • Advanced Micro Devices said on Tuesday it had expanded its semiconductor technology alliance with IBM. The expanded alliance would include early exploratory research of new transistor, interconnect, lithography and die-to-package technologies through 2011, it said

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  • Colgate-Palmolive Co, the maker of its namesake toothpaste and other consumer products, posted higher quarterly profit on Tuesday, helped by the first overall rise in prices in two years and strong oral-care sales. Profit excluding

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  • Colgate-Palmolive Co, the maker of its namesake toothpaste and other consumer products, posted higher quarterly profit on Tuesday, helped by the first overall rise in prices in two years and strong oral-care sales. Profit excluding

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    • News Desk
    • Nov 2nd, 2005
    • Comments Off on South Africa approves diamond reforms

    South Africa's parliament on Tuesday passed controversial diamond law reforms that give local jewellers in the world's fourth-largest producer of the gem more access to the precious stone. Energy Minister Lindiwe Hendricks told parliamentarians ahead

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