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Browse Archive
Browse Archive » Business News » World Business Briefs
Results 1 - 20 of 442
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Business News/World Business Briefs
The news surrounding Microsoft has been flowing fast and furious ever since an appeal court issued a ruling in the waning days of June that dismissed splitting the software giant in two.
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Business News/World Business Briefs
Britain's state-owned post office is to lay off about 2,100 staff as part of a plan to cut costs and meet the challenge of growing competition.
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Business News/World Business Briefs
US-based media firm AOL Time Warner is poised to snap up UK publisher IPC, signalling a campaign to storm the European market.
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Business News/World Business Briefs
Car giant DaimlerChrysler is recalling 150,000 Mercedes-Benz luxury cars throughout Europe and the Middle East to fix a defect that could cause the driver's side airbag to deploy prematurely.
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Business News/World Business Briefs
ZANZIBAR: Top trade officials from the world’s poorest nations met on Zanzibar yesterday to plan a common stand for the next World Trade Organisation meeting later this year.
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Business News/World Business Briefs
NEW YORK: The Walt Disney Co is close to a deal to buy Fox Family Worldwide Inc, a set of children’s cable channels, for $3.3bn from Rupert Murdoch’s News Corp Ltd and Saban Entertainment, sources familiar with the matter said.
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Business News/World Business Briefs
New York: Divisions between Shell and Texaco deepened as the former hit out against the latter’s plans to place the US company’s stakes in joint ventures between the two companies into a government-approved trust.
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Business News/World Business Briefs
KARACHI: Pakistan, vying for funding under the IMF’s three-year Poverty Reduction and Growth Facility (PRGF), said yesterday that the facility could be the last it needs as the economy is showing signs of stability.
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Business News/World Business Briefs
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Business News/World Business Briefs
KARACHI: A private Pakistani oil refinery has signed an agreement with Total International Ltd., a subsidiary of French firm TotalFinaElf, to buy over 1m tonnes of crude oil annually, a company executive said yesterday. “We have awarded the...
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Business News/World Business Briefs
MANILA: President Gloria Arroyo and senior aides yesterday backed away from a warning that currency controls could be introduced to protect the Philippine currency from speculators.
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Business News/World Business Briefs
LONDON: An upwards revision to world oil demand means the West will need more oil from the Opec cartel this year and next than previously thought, the industrialised world’s energy watchdog said yesterday.
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Business News/World Business Briefs
New Delhi: India faces no threat of isolation on World Trade Organisation (WTO) issues as its stand is in consonance with those of developing countries, feel experts.
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Business News/World Business Briefs
More US firefighters arrive to battle Oman oil blaze
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Business News/World Business Briefs
TAIPEI: Taiwan’s main harbour will be ready for direct shipping links with China later this year after the government here said it would relax rules on mainland investment, an official said yesterday. Kaohsiung harbour in the island’s southwest...
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Business News/World Business Briefs
AMMAN: Jordanians should replace foreign workers in order to reduce the country’s double-digit unemployment rate, Labour Minister Eid Fayez said yesterday. There are 300,000 foreign workers in Jordan where the jobless rate stands at 13.3 per...
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Business News/World Business Briefs
TOKYO: Japan’s two top automakers Toyota Motor Corp and Nissan Motor Co have begun to jointly deliver new cars, the business daily Nihon Keizai Shimbun has said. Amid heated competition and a sluggish domestic economy, Japanese carmakers have been...
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Business News/World Business Briefs
WASHINGTON: The International Monetary Fund has agreed to provide $8bn in emergency funding to yank Argentina back from the brink of bankruptcy, drawing sighs of relief from Buenos Aires to Washington. IMF Managing Director Horst Koehler late on...
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Business News/World Business Briefs
TEHRAN: Iran’s conservative-led Guardians Council has paved the way for approval of a bill to protect foreign investments in the Islamic republic, the state Irna news agency reported yesterday. It cited an MP in the reform-majority parliament...
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Business News/World Business Briefs
New Delhi: Two of India’s top state-owned oil companies have come together to offer consultancy services in the petroleum sector, it was announced yesterday. The new joint venture (JV) company, ONGIO International Private Ltd, has been set up by...
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