| |
Japan Central Bank Raises Interest Rate 22 Feb 2007 Financial Services |
| Encouraged by signs of robust economic growth, Japan's central bank raised its benchmark interest rate by a quarter point to 0.5 percent on Wednesday, judging that price stability and consumer |
|
Zimbabwe Inflation Nears 1,600 Percent 13 Feb 2007 Financial Services |
| Zimbabwe's inflation rate, already the highest in the world, has soared again by more than 300 points to 1,593 percent in January, according to figures from the central statistics office. The |
|
Tycoon Stanley Ho Opens Casino in Macau 12 Feb 2007 Financial Services |
| Thousands of gamblers on Sunday jammed into a new casino owned by a local billionaire who is trying to fend off an invasion by Las Vegas tycoons who have been gobbling up market share in the booming |
|
Bank of Japan Leaves Interest Rates Unchanged 18 Jan 2007 Financial Services |
| The Bank of Japan confirmed it would leave its benchmark interest rate unchanged at 0.25 percent, deciding against a rate rise in the face of intense pressure from the government. But the policy |
|
Intel Shares Fall 17 Jan 2007 Financial Services |
| Intel Corp. shares fell more than 5 percent on Wednesday after the microchip giant reported a drop in earnings and said this year's gross margins would not improve.
The world's No. 1 |
|
Stocks Flat After Intel, Economic Data 17 Jan 2007 Financial Services |
| U.S. stocks were little changed on Wednesday as stronger-than-expected producer price inflation in December and disappointing results from technology bellwether Intel Corp. offset a report showing |
|
General Electric to Buy UK's Smiths Aerospace Unit 15 Jan 2007 Financial Services |
| General Electric (GE) has agreed to buy the aerospace business of Britain's Smiths Group Plc for $4.8 billion cash as it seeks to capitalize on a flood of new plane orders and robust U.S. |
|
Honda to Set up Second Plant in India 15 Jan 2007 Financial Services |
| Japan's Honda Motors plans to set up a 200- million-dollar car plant in India to take advantage of the South Asian country's rapidly-growing vehicle market. The new plant will be |
|
Hyundai Workers Begin Partial Strike 15 Jan 2007 Financial Services |
| Unionized workers at Hyundai Motor Co. began a promised partial strike Monday amid a dispute with management over bonuses, a union official said. The walkout, which was approved last week by union |
|
Genentech Inc. 4Q Earnings Soar 75 pct. 11 Jan 2007 Financial Services |
| Genentech Inc. is vowing to keep growing at a double-digit rate for the foreseeable future by continuing to spend billions of dollars annually on research and development of new drugs. Chief |
|
Dow, Nasdaq Poised to Open Steady 11 Jan 2007 Financial Services |
| Stock futures pointed to a steady opening Thursday, with the technology sector again in focus after Cisco Systems Inc. said it's suing Apple Computer Inc. in a trademark dispute over its new |
|
Infosys' Quarterly Profit Up 52.4 Pct. 11 Jan 2007 Financial Services |
| India's Infosys Technologies Ltd. said Thursday its net profit jumped 52.4 percent in the most recent quarter from a year ago on strong outsourcing orders. The company, which writes and develops |
|
Ford Designers Set to do More with Less 9 Jan 2007 Financial Services |
| Ford Motor Co.'s top designers see a conflict between their mission to turn out cutting-edge cars and trucks faster than ever and the struggling company's plans to slash its white-collar |
|
Nasdaq Says Q3 Data Won't Change its View on LSE 8 Jan 2007 Financial Services |
| Nasdaq Stock Market Inc. said on Monday that imminent thirdquarter figures from the London Stock Exchange (LSE.L) would not affect its 2.7 billion pound ($5.2 billion) hostile bid for the British |
|
Chrysler Sees Sales Growth 8 Jan 2007 Financial Services |
| Chrysler Group expects to reverse its recent sales slump in 2007 as it looks to clinch a cost-savings deal on heath-care with its major union and readies a restructuring plan to be announced in |
|
Nigeria Ventures into Outsourcing Business 5 Jan 2007 Financial Services |
| The Nigerian government has initiated moves to develop a vibrant unified outsourcing business in the country to help Nigerian companies raise work efficiency and competitiveness, a senior Nigerian |
|
J.C. Penney December Same-store Sales up 2.6 pct 4 Jan 2007 Financial Services |
| J.C. Penney Co Inc. said on Thursday its December sales at department stores open at least a year rose 2.6 percent, driven by sales of children's clothing, jewelry and other gift items.
|
|
|
|
|
|
|
|