Archive for April 19th, 2008

S Korea, U.S. reach agreement on beef import

Saturday, April 19th, 2008

South Korea and the United States reached an agreement on beef imports from the U.S. after holding tough negotiations, said the South Korean government on Friday. "The two sides agreed on the sanitary and phytosanitary (SPS) rules f ...

Report: EU detects more dangerous products last year

Saturday, April 19th, 2008

The number of dangerous products removed from the European Union (EU) market rose by 53 percent in 2007 compared to that in 2006, thanks to better surveillance, the European Commission said Thursday. An annual report on the EU's rap ...

Nokia profit misses estimate

Saturday, April 19th, 2008

Nokia Oyj, the world's biggest maker of mobile phones, posted a first-quarter profit that trailed estimates on costs for pensions and closing a plant, and forecast the handset market's value will shrink in euro terms this year. Nok ...

California’s unemployment up 0.5%

Saturday, April 19th, 2008

California's unemployment rate rose by a whopping half a percentage point last month, reaching 6.2 percent as a slowing economy shed more jobs especially in the construction and financial services sectors, the state's Economic Development D ...

Dollar up against euro, yen as Citi results ease anxiety

Saturday, April 19th, 2008

The dollar rose against the euro and the yen on Friday as better-than-expected Citigroup earnings helped ease investor anxiety on the financial market. Citigroup, the largest U.S. bank, posted a quarterly loss of 5.1 billion dollars ...

Wall Street rallies on Google’s profit report

Saturday, April 19th, 2008

Wall Street rallied Friday on Google's better-than-expected profit report. Shares of Google, the online search giant, surged Friday as its first-quarter earnings and revenue growth topped analysts' predictions. Citigroup, th ...

U.S. welcomes full reopening of South Korean market to American beef

Saturday, April 19th, 2008

The agreement to fully reopen the South Korean market to U.S. beef exports is consistent with international standards and World Animal Health Organization (OIE) guidelines, U.S. Trade Representative Susan Schwab said Friday. The agr ...

Crude touches $117 for first time

Saturday, April 19th, 2008

Crude oil futures rose nearly 2 U.S. dollars a barrel on Friday to close at a new record high of 116.69 dollars a barrel on news about pipeline sabotage in Nigeria. The front-month contract hit 117 dollars a barrel in electronic tra ...