Archive for February 20th, 2008
Wednesday, February 20th, 2008
Wall Street gave up a big early advance and closed mixed yesterday after oil prices closed above 100 U.S. dollars for the first time and stoked fears that inflation will stymie an already troubled economy.
Soaring oil prices could b ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
Malaysia's national electricity utility company Tenaga Nasional Berhad (TNB) said hereon Wednesday that a Chinese electric company has won the bidding to construct a power plant in Malaysia.
China National Electric Equipment Coopera ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
Two of Indonesia's most prominent airlines ordered dozens of new Boeing airplanes worth about 6.7 billion U.S. dollars at the Singapore Airshow, local press said Wednesday.
State-owned Garuda Indonesia ordered 10 Boeing 777-300ERs ( ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
The Indonesian Corruption Eradication Commission began Wednesday to question Bank Indonesia Governor Burhanuddin Abdullah over alleged bribery of several lawmakers.
The central bank chief arrived at the commission's compound here ac ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
South Korea's oil consumption rose 2.8 percent in 2007, a report by the Ministry of Commerce, Industry and Energy said on Wednesday.
According to the report, the country consumed 786.4 million barrels of oil and other related produc ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
Canadian publisher Thomson won conditional approval from the European Union (EU) on Tuesday to buy its British rival Reuters, a deal that could create the world's biggest financial information provider.
The European Commission, the ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
Toshiba said yesterday it will no longer develop, make or market HD DVD players and recorders, handing a victory to rival Blu-ray disc technology in the format battle for next-generation video.
"We concluded that a swift decision would b ...
Posted in People | No Comments »
Wednesday, February 20th, 2008
Foster's Group Ltd, Australia's biggest alcoholic drinks company, posted its slowest growth in first-half net profit in several years yesterday, as US wine sales slumped and the strong Aussie dollar crimped earnings.
Although the world's ...
Posted in People | No Comments »