Archive for May 24th, 2008
Saturday, May 24th, 2008
Visiting OPEC Secretary-General Abdalla El-Badri Friday promised to help Ecuador solve "technical problems" in improving its oil production capacity.
Ecuador's national oil company has witnessed a drop in output in recent years due ...
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Saturday, May 24th, 2008
Sales of existing homes in the United States fell in April, the eighth decline in the past nine months, as restrictive lending practices hampered home buyers, the National Association of Realtors (NAR) reported Friday.
Existing hom ...
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Saturday, May 24th, 2008
Turkey is becoming an export base for automotive manufacturers and auto-related sub industries, local newspaper Today's Zaman reported on Friday.
Seen as a gateway to European and Asian markets, Turkey has now successfully attracted ...
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Saturday, May 24th, 2008
The daily average price of the Organization of Petroleum Exporting Countries (OPEC) rushed up to a new record of 127.59 U.S. dollars per barrel (dpb) on Thursday, according to the Vienna-based cartel on Friday.
The price fluctuated ...
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Saturday, May 24th, 2008
Two U.S. airlines that won federal approval to begin routes to China just months ago are postponing the launch of the new services because of high fuel costs.
United Airlines has sought and US Airways plans to ask for one-year delays ...
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Saturday, May 24th, 2008
The Indonesian government announced Friday five oil and gas contracts worth 201.45 million U.S. dollars have been won by bidders including CNOOC and Malaysia's Petronas.
U.S.-based Murphy Overseas Ventures Inc. was awarded with the ...
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Saturday, May 24th, 2008
The New Zealand parliament on Friday passed legislation enacting the government's tax cut package announced in Thursday's Budget.
Despite dismissing the 10.6 billion NZ dollars (7.9 billion U.S. dollars) package of personal tax cuts ...
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Saturday, May 24th, 2008
India's annual rate of inflation eased marginally to 7.82 percent for the week ended May 10 from 7.83 percent for the week before, Reserve Bank of India said Friday.
The fresh data on the wholesale price index (WPI) came against th ...
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