Topic: Buisiness and Economy

The new items published under this topic are as follows.

Articles: Yukos Says Societe Generale-Led Banks May Seize Export Revenue

Posted by admin on Monday, July 05, 2004 - 12:09 AM

	OAO Yukos Oil Co., Russia's biggest oil exporter, said a Societe Generale SA-led group of banks may seize part of its export revenue because the company may be in default on a $1 billion loan. Read full article: 'Yukos Says Societe Generale-Led Banks May Seize Export Revenue'

· 85 Reads ·

Articles: YUKOS in loan default

Posted by admin on Monday, July 05, 2004 - 12:06 AM

	Russian oil giant YUKOS, its main owner on trial and facing a huge tax bill that could drive it into bankruptcy, says that a group of creditor banks has declared it in default. Read full article: 'YUKOS in loan default'

· 86 Reads ·

Articles: House price gains slower in June

Posted by admin on Friday, July 02, 2004 - 03:11 AM

	UK house prices rose by 1.2% in June, the smallest gain since November, according to the latest survey from the Halifax, the UK's biggest lender. Read full article: 'House price gains slower in June'

· 78 Reads ·

Articles: Black sues to stop Telegraph sale

Posted by admin on Friday, July 02, 2004 - 03:09 AM

	Conrad Black is suing to stop the sell-off of the Daily Telegraph and its sister titles without his approval. Read full article: 'Black sues to stop Telegraph sale'

· 73 Reads ·

Articles: Morrisons hurt by Safeway slump

Posted by admin on Friday, July 02, 2004 - 03:07 AM

	Shares in supermarket group Morrisons have dropped sharply after it warned that poor sales at its newly-acquired Safeway business would hit profits. Read full article: 'Morrisons hurt by Safeway slump'

· 73 Reads ·

Articles: Mystery man of Kmart keeps shareholders on an even keel

Posted by admin on Friday, July 02, 2004 - 12:33 AM

	The biggest mystery man in American retailing isn’t saying what he’s up to, which is probably the most important thing to understand about Eddie Lampert. Read full article: 'Mystery man of Kmart keeps shareholders on an even keel'

· 98 Reads ·

Articles: Bills may change electric choice law

Posted by admin on Friday, July 02, 2004 - 12:31 AM

	DTE Energy Inc. may be on the verge of getting what it wants after a bipartisan group of state senators proposed legislation Thursday to revamp Michigan’s electric choice law. Read full article: 'Bills may change electric choice law'

· 87 Reads ·

Articles: Union approves SBC contract

Posted by admin on Friday, July 02, 2004 - 12:29 AM

	Employees at SBC Communications Inc. represented by the Communications Workers of America have overwhelmingly approved a new five-year contract reached in late May following a brief walkout in Michigan and 12 other states. Read full article: 'Union approves SBC contract'

· 71 Reads ·

Articles: Rebound has restaurants cooking up expansions

Posted by admin on Friday, July 02, 2004 - 12:27 AM

	The downturn in the economy that sent restaurants into a tailspin has finally ended, and now a number of local chains are expanding after several years of sluggish sales. Read full article: 'Rebound has restaurants cooking up expansions'

· 86 Reads ·

Articles: Crude prices jump for second day

Posted by admin on Friday, July 02, 2004 - 12:17 AM

	Oil prices soared more than $1 (U.S.) for the second straight day yesterday as funds snapped up heating fuel due to worries of a supply crunch this winter and after Saudi Arabia signalled that prices had come down far enough. Read full article: 'Crude prices jump for second day'

· 75 Reads ·