Archive for May, 2008
Saturday, May 31st, 2008
NEW DELHI/MUMBAI (Reuters) - India's Sterlite Industries on Saturday agreed to buy the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.
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Saturday, May 31st, 2008
NEW YORK (Reuters) - The U.S. commodity markets' chief
regulator will unveil policy changes next week meant to address
public and political concerns that market malfunctions may be
contributing to rising food and energy prices, The New York
Times reported on Saturday.
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Saturday, May 31st, 2008
SMG reaches a deal to sell Virgin Radio - for less than a quarter of the amount it bought the station for.
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Saturday, May 31st, 2008
US giant Ford is to invest $3bn (£1.5bn) in a new car plant in Mexico, creating 4,500 new jobs.
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Saturday, May 31st, 2008
NEW YORK (Reuters) - U.S. technology shares rose on Friday as strong results from computer maker Dell Inc signaled that business and consumer spending was holding up, driving the Nasdaq to end the month up 4.6 percent.
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Saturday, May 31st, 2008
May 30 - Some businesses are practicing what's known as demand response -- using computer software and the internet to control energy usage.
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Friday, May 30th, 2008
DETROIT (Reuters) - Billionaire investor Kirk Kerkorian on Friday said he would move ahead with a tender offer for Ford Motor Co shares, signaling a bigger bet on the automaker's turnaround despite the recent slump in its stock and lowered financial outlook.
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Friday, May 30th, 2008
May 30 - Fed chief Ben Bernanke is to deliver several speeches with dealers awaiting signals on rates.
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Friday, May 30th, 2008
May 30 - U.S. technology shares rose on Friday as strong results fro computer maker Dell signaled that business and consumer spending was holding up.
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Friday, May 30th, 2008
United Airlines and US Airways halt plans to merge, say the parent companies of the two US carriers.
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