Topic: Buisiness and Economy

The new items published under this topic are as follows.

Articles: German Music Industry Wins First Court Case Against Music Pirates

Posted by admin on Tuesday, June 08, 2004 - 11:59 PM

	Music labels clamping down on music pirates scored their first victory in Germany on Tuesday. Meanwhile, the competition in the legal online music trade is heating up with the launch of Apple iTunes in Europe next week. Read full article: 'German Music Industry Wins First Court Case Against Music Pirates'

· 67 Reads ·

Articles: U.S. Oil Stumbles Below $37 Ahead of Data

Posted by admin on Tuesday, June 08, 2004 - 11:48 PM

	U.S. oil prices stumbled below $37 a barrel on Wednesday, to mark a 13-percent drop from 21-year highs, ahead of U.S. data expected to ease worries of a summer supply crunch in the world's biggest energy consumer. Read full article: 'U.S. Oil Stumbles Below $37 Ahead of Data'

· 73 Reads ·

Articles: Microsoft Files an Appeal in European Antitrust Case

Posted by admin on Tuesday, June 08, 2004 - 11:46 PM

	Microsoft said Tuesday that it had filed an appeal of the European antitrust ruling against it, saying that the regulators' remedies would undermine innovation. The company also said it would seek a suspension of the changes demanded by the commission. Read full article: 'Microsoft Files an Appeal in European Antitrust Case'

· 63 Reads ·

Articles: Greenspan hints at aggressive rate hikes

Posted by admin on Tuesday, June 08, 2004 - 11:40 PM

	The U.S. Federal Reserve is prepared to raise interest rates at a faster pace than the gradual rise promised earlier, to keep inflation in check, Chairman Alan Greenspan said on Tuesday. Read full article: 'Greenspan hints at aggressive rate hikes'

· 67 Reads ·

Articles: OPEC oil price drops modestly last week

Posted by admin on Tuesday, June 08, 2004 - 12:20 AM

	The average crude oil price of the Organization of Petroleum Exporting Countries (OPEC) dropped to 36.49 US dollars per barrel last week, 21 cents lower than a week earlier, according to statistics of the OPEC Secretariat based in Vienna. Read full article: 'OPEC oil price drops modestly last week'

· 72 Reads ·

Articles: Dow Jumps 148 in Broad Rally Spurred by Jobs Data

Posted by admin on Tuesday, June 08, 2004 - 12:17 AM

	Stocks rose yesterday, sending benchmark indexes to six-week highs, on optimism that employment growth will bolster the economy. Read full article: 'Dow Jumps 148 in Broad Rally Spurred by Jobs Data'

· 68 Reads ·

Articles: SAP Is Better Off Without Microsoft Acquisition, Analysts Say

Posted by admin on Tuesday, June 08, 2004 - 12:14 AM

	SAP AG, the German software maker whose talks to be acquired by Microsoft Corp. ended earlier this year, is better off alone, analysts said. Read full article: 'SAP Is Better Off Without Microsoft Acquisition, Analysts Say'

· 62 Reads ·

Articles: OPEC raises oil production ceiling

Posted by admin on Friday, June 04, 2004 - 12:51 AM

	OPEC agreed Thursday to raise its oil production ceiling by 2 million barrels a day next month and an additional 500,000 barrels a day in August, if necessary, in a bid to rein in high prices. Oil prices fell for the second straight day from a peak reached earlier this week. Read full article: 'OPEC raises oil production ceiling'

· 77 Reads ·

Articles: Marks & Spencer Rejects a Takeover Offer

Posted by admin on Friday, June 04, 2004 - 12:18 AM

	Marks & Spencer, once the undisputed icon of British Main Street retailing, said on Thursday that it rejected a takeover bid from Philip Green, a billionaire entrepreneur who already owns a chain of women's clothing and department stores. Read full article: 'Marks & Spencer Rejects a Takeover Offer'

· 87 Reads ·

Articles: OPEC head says oil target range could change-press

Posted by admin on Friday, June 04, 2004 - 12:11 AM

	OPEC President Purnomo Yusgiantoro said the group's official target range for oil prices could change from its long-standing $22 to $28 a barrel, but added any shift would take time to work through, media reported on Friday. Read full article: 'OPEC head says oil target range could change-press'

· 88 Reads ·