Archive for the October 26, 2005
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International Business Machines Corp, the world's largest computer company, said on Tuesday its board of directors authorised the repurchase of up to $4 billion of its shares. The company also declared a regular quarterly cash
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Germany's closely-watched Ifo business climate index surged unexpectedly to a five-year high in October amid signs of a revival in domestic demand and an easing of the euro and oil prices. Munich-based Ifo said on
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India's central bank raised a key short-term interest rate on Tuesday to ward off price pressures, as expected, and increased its growth forecast for one of the world's fastest expanding economies. The central bank lifted
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The European Union and Balkan states on Tuesday signed an energy treaty expected to boost competition, improve grid interconnection, attract investment and safeguard the EU's future energy needs. The so-called Energy Community Treaty extends European
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Turkey said on Tuesday it had reached an agreement with the International Monetary Fund (IMF) that should release delayed funding of $1.6 billion under its $10 billion stand-by deal in spite of reform hold-ups. Markets
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Turkey said on Tuesday it had reached an agreement with the International Monetary Fund (IMF) that should release delayed funding of $1.6 billion under its $10 billion stand-by deal in spite of reform hold-ups. Markets
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Greece on Tuesday won the exclusive right to call its white salty cheese feta as the European Union's top court ended a long legal battle against Denmark and Germany. The European Court of Justice ruled
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Lockheed Martin Corp said on Tuesday third-quarter profit rose a better-than-expected 39 percent as the No 1 US defence contractor boosted sales of electronic systems, government satellites and deliveries of its C-130J transport planes. But
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Lockheed Martin Corp said on Tuesday third-quarter profit rose a better-than-expected 39 percent as the No 1 US defence contractor boosted sales of electronic systems, government satellites and deliveries of its C-130J transport planes. But
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South African Finance Minister Trevor Manuel slashed his budget deficit for fiscal 2005/06 and further eased exchange controls on Tuesday, setting the tone for accelerated growth over the next three years. Presenting his Medium Term
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