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Archive for the October 27, 2005

    • News Desk
    • Oct 27th, 2005
    • Comments Off on Boeing quarterly earnings miss forecasts

    Boeing Co's quarterly results missed Wall Street forecasts as revenue at its defence unit slid, sending shares of the top US aerospace group lower on Wednesday. The weak military sales were a setback for Boeing,

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Boeing quarterly earnings miss forecasts

    Boeing Co's quarterly results missed Wall Street forecasts as revenue at its defence unit slid, sending shares of the top US aerospace group lower on Wednesday. The weak military sales were a setback for Boeing,

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on CNPC beats Lukoil in $4.2 billion PetroKaz court fight

    A Canadian court has approved Chinese oil company CNPC's $4.18 billion take-over of Calgary-based firm PetroKazakhstan, dealing a blow to Russian oil major and rival suitor Lukoil. PetroKazakhstan said on Wednesday it intended to close

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on World Bank calls for 75 percent cut in farm tariffs

    Developed countries must cut their highest farm tariffs by 75 percent if the world's poorest nations are to benefit from a World Trade Organisation attempt to liberalise agricultural trade, experts at the World Bank said

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Saudi Arabia set to join WTO, open up economy

    Saudi Arabia, the top global oil exporter, looks set to get the green light to join the World Trade Organisation on Friday in a move that will open wider its long-protected but fast-growing economy to

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  • US Treasury Secretary John Snow on Wednesday urged Congress to extend expiring tax cuts and control spending to promote economic growth and create jobs. "It would be exactly the wrong time, as some have proposed,

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Blair sticks to call for future revamp of bloc budget

    Britain's Tony Blair conceded on Wednesday there was no chance of early cuts to the EU's huge farm spending but stuck to a call for a future revamp of the bloc's budget to boost competitiveness

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Airbus to outsource more outside Europe

    European aircraft maker Airbus said on Wednesday it would eventually source about half of its components from suppliers outside Europe, double the current level, as a way to boost its global reach and cut costs.

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on Microsoft and Israel forge start-up support deal

    Microsoft Corp signed a deal with Israel's government on Wednesday to jointly aid Israeli start-ups, with the US software giant pledging technological and global marketing support. Microsoft forged the deal with Israel's Office of the

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    • News Desk
    • Oct 27th, 2005
    • Comments Off on US presses China on anti-piracy enforcement

    The United States has asked China to provide evidence of what it is doing to stop the "rampant" piracy and counterfeiting of American goods ranging from movie, music and software to auto parts, medicine and

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