Archive for the October 28, 2005
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Physical rubber trading in Asia ground to a halt on Thursday, with sellers holding back and buyers sidelined looking for prices to fall further as Tokyo futures extended losses across the board, dealers said. The
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Malaysian crude palm oil futures rose more than one percent on Thursday, spurred by talk that India could reduce duties for some palm oil products. A rebound in US soyaoil lifted sentiment, dealers said. Trade
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Exxon Mobil Corp on Thursday posted a quarterly profit of $9.9 billion, the largest in US corporate history, as it raked in a bonanza from record oil and gas prices. While profit was up 75
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Exxon Mobil Corp on Thursday posted a quarterly profit of $9.9 billion, the largest in US corporate history, as it raked in a bonanza from record oil and gas prices. While profit was up 75
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India's economy is poised to grow at over 7 percent this financial year and the economic environment is conducive for more than 8 percent growth in the long term, Prime Minister Manmohan Singh said on
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GlaxoSmithKline Plc is offering free licences to partners able to manufacture its flu drug Relenza, one of two medicines recommended by health experts for use in the event of a bird flu pandemic. Chief Executive
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The International Monetary Fund hopes for a successful conclusion of world trade talks on agriculture, which would bring "tremendously positive" effects for the global economy and poor nations, an IMF spokesman said on Thursday. "We
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The net earnings of the world's biggest banks rose by a third last year, due to large amounts of loans and a drop in the cost of risk, according to a Bank of France study
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EU leaders battled to present a united front Thursday on how to revive Europe's flagging fortunes, but clear strains remained over a British-led reform drive and thorny EU budget plans. While the European Union chiefs
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New orders for US-made durable goods sank an unexpectedly deep 2.1 percent last month as aircraft orders plunged, but even non-transportation orders dropped 1 percent, a government report showed on Thursday. Another report, however, showed
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