Archive for May 9th, 2008
Friday, May 9th, 2008
Rice gained for a fifth day as the extent of the devastation in Myanmar from a cyclone became clearer with as many as 100,000 people dead, and Malaysia agreed to purchase the grain from Thailand, the world's biggest exporter.
Rice future ...
Posted in People | No Comments »
Friday, May 9th, 2008
Google Inc and Chinese software company Kingsoft have announced a co-branding initiative to tap China's booming online market by launching a Web-based dictionary.
The new application, developed ...
Posted in People | No Comments »
Friday, May 9th, 2008
Toyota Motor Corp, the world's second-largest automaker, posted its first drop in quarterly profit in almost three years because of a stronger yen and slumping US auto sales. It also said profit will likely fall this fiscal year.
Net inc ...
Posted in People | No Comments »
Friday, May 9th, 2008
General Secretary of the Organization of the Petroleum Exporting Countries (OPEC) Abdullah Salem El-Badri said here on Thursday although the oil prices rose sharply in recent months, there was clearly no oil shortage in the market.
...
Posted in People | No Comments »
Friday, May 9th, 2008
The European Commission issued an ultimatum on Thursday against European airline ticket selling websites, threatening to take legal action if they fail to correct misleading advertising and unfair practices.
"It is unacceptable that ...
Posted in People | No Comments »
Friday, May 9th, 2008
Nasdaq OMX Group said Thursday its first-quarter profits surged with its first combined quarterly report that includes Sweden's OMX stock exchange.
Earnings rose to 121.4 million U.S. dollars, or 69 cents per share, from 18.3 millio ...
Posted in People | No Comments »
Friday, May 9th, 2008
The dollar dropped slightly against most major currencies late in New York Thursday after volatile trading.
The euro hit a two-month low against the dollar in early trading, hurt by weak European economic data and a report that U.S. ...
Posted in People | No Comments »
Friday, May 9th, 2008
Crude oil topped 124 U.S. dollars a barrel Thursday afternoon after European Central Bank decided to leave interest rates unchanged.
Light, sweet crude for June delivery surged to 124.61 dollars a barrel in the after-market electron ...
Posted in People | No Comments »