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Thursday, 15 May 2008 04:59 AM EET
 
 
South Korean Petrochemical Firms Fined 111 Million Dollars for Price-Rigging  20 Feb 2007Features
South Korea's antitrust watchdog has fined 10 local petrochemical companies a total of 111 million dollars for rigging the prices of plastic products. The Fair Trade Commission accused the
Hurdles Loom for XM, Sirius Combination  20 Feb 2007Features
XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc., rivals in the fledgling satellite radio industry, have agreed to combine in a deal that investors hope will result in lower costs,
IKEA Plans Move into North Carolina  18 Jan 2007Features
In the home state of America's furniture industry, where competition from abroad has shuttered dozens of manufacturing plants and led to thousands of lost jobs, a new foreign invader is on the
Africa Urges Flexibility from Big Powers on Trade  15 Jan 2007Features
African trade officials urged rich members of the World Trade Organisation (WTO) on Monday to show flexibility in stalled trade talks to enable the continent to cut poverty levels. "We call upon
ASEAN, China Agree to Cut Barriers to Services  15 Jan 2007Features
China and Southeast Asian countries agreed on Sunday to cut barriers to trade in services such as telecoms, transport and tourism as a key step to the world's most populous free trade zone.
Airbus CEO Dropped Trousers for Plane Deal  15 Jan 2007Features
Jean Pierson, the colorful Frenchman who built Airbus into Boeing Co.'s biggest competitor, dropped his trousers to seal a key U.S. plane order in 1997, according to a book to be published on
African Trade Ministers to Take Position on Doha Round  11 Jan 2007Features
Addis Ababa African trade ministers are due to hold an extraordinary session here next Tuesday to adopt a common stand on the way forward regarding the Doha Round of global trade negotiations under
Russia Resumes Pumping Oil to Europe  11 Jan 2007Features
Oil resumed flowing through the main pipeline from Russia to Europe after Moscow and neighbouring Belarus resolved in principle a transit row that has disrupted exports and prompted fears over energy
South Africa Facing a Critical Year' Over World Trade Talks  8 Jan 2007Features
The trade and industry department says this will be a critical year for SA's trade negotiations in the international arena, marking out the country's parameters in international trade
Mozambique's Inflation Rate in 2006 Drops to 9.4%  8 Jan 2007Features
The Mozambican inflation rate, measured through the Maputo Consumer Price Index, dropped to 9.37 percent in 2006, compared to 11.15 percent in 2005. Mozambican news agency (AIM) Saturday quoted
Taiwan Authorities Renew Call for Calm After Taking Over Failing Bank  8 Jan 2007Features
Taiwan authorities renewed a call for calm among depositors after the government took over a bank faced with a run on funds and insisted there was no risk to the financial system as a whole.
New WHO Chief Pledges to Put Africa High on Agenda  4 Jan 2007Features
Chinese bird flu expert Margaret Chan took over as head of the World Health Organisation (WHO) on Thursday and promised to put Africa and women at the top of her agenda. Chan, the first Chinese to
Here Comes the Giant Consumer Electronics Show  4 Jan 2007Features
The annual International Consumer Electronics Show (CES)which commences on Sunday, January 7, in Las Vegas, with an address by Bill Gatesis expected to focus more on technologies that support current
Kenya Closes Border with Somalia  4 Jan 2007Features
Kenya said Thursday it has closed its border with Somalia in an apparent effort to keep Islamic militants and refugees from entering the country. "The Kenyan border is officially closed,"
Russia Cancels $111.8 mln Zambia Debt  2 Jan 2007Features
Russia has cancelled $111.8 million in debt owed by Zambia, treasury spokesman Chileshe Kandeta said on Tuesday. Kandeta said Russia, part of the Paris Club of international lending nations, has
Fifth Chinese Shoemaker Joins Suit Against EU  2 Jan 2007Features
A fifth Chinese shoemaker, Taiwan-invested Apache Footwear, has joined a lawsuit against the European Union over anti-dumping duties imposed on its products, state media has said. Guo Weiwen,
Angola to Become OPEC Member this week  13 Dec 2006Features
Angola, sub-Saharan Africa's second-biggest oil producer, could be approved as the 12th member of OPEC at a meeting of the oil exporters' group on Thursday, Qatari Energy Minister
Merck to Seek U.S. Approval of 3 Drugs in 2007  13 Dec 2006Features
Merck & Co. expects to seek U.S. approval in 2007 for drugs to treat HIV, cholesterol and insomnia, and it aims to have another four products in late-stage trials by mid-year, the company said on
Shell Offers Control of Sakhalin-2 to Gazprom  11 Dec 2006Features
Royal Dutch Shell has offered to cede control of the $22 billion Sakhalin-2 project, Russia's biggest single foreign investment, to state gas monopoly Gazprom after months of government
Toll Posts Lower Profit as Housing Markets Soften  5 Dec 2006Features
Toll Brothers Inc., which builds luxury homes, on Tuesday reported lower quarterly earnings amid continuing softness in some of the once-hottest U.S. housing markets. In the fourth quarter that

   
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