Topic: Buisiness and Economy

The new items published under this topic are as follows.

Articles: Earnings Roundup

Posted by admin on Wednesday, April 14, 2004 - 01:09 AM

	State Street Corp., the world’s largest custodian of assets, said first-quarter net income more than doubled, buoyed by last year’s acquisition of Deutsche Bank AG’s record-keeping and securities-lending unit. Read full article: 'Earnings Roundup'

· 117 Reads ·

Articles: Du Pont to axe 3,500 jobs, shut Ontario plant

Posted by admin on Tuesday, April 13, 2004 - 03:17 AM

	E.I. du Pont de Nemours & Co. is slashing about 3,500 jobs globally and shutting a spandex plant in Canada as the chemical giant scrambles to get its costs in line in the face of rising energy and raw materials prices. Read full article: 'Du Pont to axe 3,500 jobs, shut Ontario plant'

· 135 Reads ·

Articles: China economy races ahead despite warning signs

Posted by admin on Tuesday, April 13, 2004 - 03:15 AM

	BEIJING, April 13 (Reuters) - China's economy likely saw annual growth of between nine and 10 percent in the first quarter, defying government attempts to head off over-heating and the threat of inflation, economists said on Tuesday. Read full article: 'China economy races ahead despite warning signs'

· 119 Reads ·

Articles: Film may deal blow to Disney

Posted by admin on Tuesday, April 13, 2004 - 12:49 AM

	Walt Disney Co., the second-largest U.S. media company, might have to write down $80 million for costs from its film "The Alamo," which had $9.2 million in box-office sales in its opening weekend, Schwab Soundview analyst Jordan Rohan said in a report. Read full article: 'Film may deal blow to Disney'

· 129 Reads ·

Articles: Du Pont set to cut 200 jobs in Canada

Posted by admin on Tuesday, April 13, 2004 - 12:38 AM

	3,500 positions to evaporate worldwide at chemical giant Lycra operation in eastern Ontario slated for closing E.I. du Pont de Nemours & Co. is cutting 200 Canadian jobs as part of a move to eliminate 3,500 positions, or 6 per cent of the chemical giant's global workforce, by the end of this year. Read full article: 'Du Pont set to cut 200 jobs in Canada'

· 142 Reads ·

Articles: Microsoft settles array of suits

Posted by admin on Tuesday, April 13, 2004 - 12:32 AM

	Several hundred million here, more than a billion there, and pretty soon you're talking about a real effort by Microsoft Corp. to settle some of its toughest legal disputes. Read full article: 'Microsoft settles array of suits'

· 104 Reads ·

Articles: IBM to acquire India firm with 6,000 employees

Posted by admin on Thursday, April 08, 2004 - 06:29 AM

	IBM said Wednesday that it plans to buy Indian outsourcing firm Daksh eServices, an acquisition that could boost the computer giant's staff in India by more than 50%. Read full article: 'IBM to acquire India firm with 6,000 employees'

· 114 Reads ·

Articles: US Retail Gasoline Spring Peak Seen At $1.83/Gal -EIA

Posted by admin on Thursday, April 08, 2004 - 06:26 AM

	NEW YORK -(Dow Jones)- The federal Energy Information Administration sees a " high likelihood of additional gasoline price increases this spring," as prospects for high oil prices significantly falling before summer driving season have weakened. Read full article: 'US Retail Gasoline Spring Peak Seen At $1.83/Gal -EIA'

· 102 Reads ·

Articles: Yahoo profit up on online advertising growth

Posted by admin on Thursday, April 08, 2004 - 06:18 AM

	SAN FRANCISCO — Yahoo (YHOO) shares soared 10% in after-hours trading Wednesday after it reported quarterly results that blew past analyst estimates and set a stock split. Read full article: 'Yahoo profit up on online advertising growth'

· 103 Reads ·

Articles: Mitsubishi to Shut 1 of 3 Japanese Plants, People Say (Update4)

Posted by admin on Thursday, April 08, 2004 - 01:03 AM

	April 8 (Bloomberg) -- Mitsubishi Motors Corp. will shut its 1,100-worker factory in central Japan and make its best-selling Pajero sport-utility vehicles at another domestic plant, part of its plan to cut costs and restore profit, executives said. Read full article: 'Mitsubishi to Shut 1 of 3 Japanese Plants, People Say (Update4)'

· 123 Reads ·