Archive for May 9th, 2008
Friday, May 9th, 2008
Several oil companies have agreed to pay 423 million U.S. dollars to settle more than 500 lawsuits brought by water suppliers and users in California and 19other states over groundwater contaminated with the gasoline additive MTBE, it was r ...
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Friday, May 9th, 2008
American International Group reported Thursday a 7.81-billion-dollar net loss in the first quarter.
The net loss was 7.81 billion U.S. dollars, or 3.09 dollars a share, versus net income of 4.13 billion dollars, or 1.58 dollars a sh ...
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Friday, May 9th, 2008
Telkom Kenya has signed a deal with Ericsson Kenya Ltd. to set up a new mobile phone network in East Africa's largest economy, the companies said.
Telkom Kenya expects the GSM network to be running by year's end, and has hired Ericss ...
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Friday, May 9th, 2008
The European Central Bank on Thursday left the benchmark interest rate unchanged at a six-year high of 4percent with bank chief Jean-Claude Trichet saying that fighting inflation remained the ECB's "highest priority".
Source: Xi ...
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Friday, May 9th, 2008
Clearwire and Sprint Nextel said Wednesday they will combine their wireless broadband units to create a 14.55 billion U.S. dollar communications company.
The new company, to be named Clearwire, will receive a 3.2 billion dollar inves ...
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Friday, May 9th, 2008
Toyota Motor Corp posted a bigger-than-expected 28 percent drop in quarterly net profit due to a stronger yen and sliding U.S. sales, and forecast its first annual profit decline in seven years.
The world's biggest automaker is expan ...
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Friday, May 9th, 2008
Bombay Stock Exchange Sensex closed at 17,080.65 points on Thursday, down 258.66 points or 1.49 percent over the previous day close.
The traded value of the day is 332.65 million dollars.
Sensex is the common name for the Bo ...
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Friday, May 9th, 2008
News Corp. says its net income more than tripled in the latest quarter to 2.69 billion U.S. dollars thanks to a boost from a stock exchange with Liberty Media Corp.
Rupert Murdoch's New York-based media conglomerate said Wednesday it ...
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