Topic: Buisiness and Economy

The new items published under this topic are as follows.

Articles: Molson-Coors agree to merger

Posted by admin on Thursday, July 22, 2004 - 12:53 AM

	Canadian beer giant Molson Inc. and Adolph Coors Co., agreed on a $6-billion (U.S.) merger Wednesday night, the New York Times reported. Read full article: 'Molson-Coors agree to merger'

· 493 Reads ·

Articles: Big gains, more trims at Ford

Posted by admin on Wednesday, July 21, 2004 - 12:42 AM

	Ford Motor Co. nearly tripled its profit in the second quarter of the year after record earnings in its financing arm offset money-losing automotive operations, especially in the division that manages the company's four European luxury brands. Read full article: 'Big gains, more trims at Ford'

· 557 Reads ·

Articles: Microsoft to share the wealth

Posted by admin on Wednesday, July 21, 2004 - 12:40 AM

	Microsoft Corp., the world's largest software maker, said yesterday it would return $75 billion (U.S.) in cash to shareholders over the next four years by buying its own stock, doubling its annual dividend and issuing a special one-time dividend. Read full article: 'Microsoft to share the wealth'

· 486 Reads ·

Articles: US economy remains solid - Greenspan

Posted by admin on Wednesday, July 21, 2004 - 12:37 AM

	US Federal Reserve chairperson Alan Greenspan said on Tuesday he cannot rule out steeper-than-expected interest rate increases as the economy moves into a broader, jobs-rich expansion. Read full article: 'US economy remains solid - Greenspan'

· 518 Reads ·

Articles: Brewers' merger talks more family than money

Posted by admin on Tuesday, July 20, 2004 - 01:17 AM

	In the middle of the Rocky Mountain city of Golden, Colo., the world's largest brewery hums along, churning out the equivalent of 750,000 cases of beer a day. It's an impressive facility, the home of a beer empire started in the 1870s by Adolph Coors. Read full article: 'Brewers' merger talks more family than money'

· 235 Reads ·

Articles: Boeing and Airbus spar over subsidies

Posted by admin on Tuesday, July 20, 2004 - 01:15 AM

	Top officials of the world's two largest aircraft makers deny a trade war is in the offing, even as rhetoric between the two rumbles on at the aerospace industry's biggest annual gathering. Read full article: 'Boeing and Airbus spar over subsidies'

· 235 Reads ·

Articles: Bayer to acquire unit of Roche

Posted by admin on Tuesday, July 20, 2004 - 01:11 AM

	Drug and chemical maker Bayer AG said yesterday it had agreed to buy the non-prescription drug business of Swiss drug concern Roche for 2.38 billion euros (about $3.88 billion in Canadian funds), a deal that teams Bayer over-the-counter brands such as Alka-Seltzer and One-A-Day vitamins with Roche's Aleve pain reliever. Read full article: 'Bayer to acquire unit of Roche'

· 249 Reads ·

Articles: Bayer to Pay 2.38 Billion Euros for Roche Business

Posted by admin on Monday, July 19, 2004 - 12:30 AM

	Bayer AG, Germany's second-largest drug and chemical maker, agreed to buy Roche Holding AG's non- prescription drug unit for 2.38 billion euros ($2.97 billion), becoming one of the top 3 sellers of over-the-counter medicines. Read full article: 'Bayer to Pay 2.38 Billion Euros for Roche Business'

· 236 Reads ·

Articles: Australia's Palm Springs Has Spoken With Some Parties

Posted by admin on Monday, July 19, 2004 - 12:27 AM

	Australian water retailer Palm Springs Ltd. (PSG.AU) said Monday it has held preliminary discussions with a number of parties about potential corporate activity. Read full article: 'Australia's Palm Springs Has Spoken With Some Parties'

· 223 Reads ·

Articles: Enron's bankruptcy exit okayed

Posted by admin on Friday, July 16, 2004 - 01:57 AM

	Enron won approval to emerge from the second-largest bankruptcy case in U.S. history and turn what was once the seventh-biggest U.S. corporation into a shell company that exists mainly to sell off all its assets. Read full article: 'Enron's bankruptcy exit okayed'

· 243 Reads ·