News
General Electric third-quarter earnings increased 15 percent despite losses
10:28 14.10.2005 |
Economics
General Electric Co., whose businesses range from building jet engines and power plants to making loans and operating the NBC television network, said Friday its third-quarter earnings increased 15 percent despite losses from hurricanes as all its major segments posted double-digit percentage profit growth. Its shares rose nearly 2 percent in early...
U.S. Hilton Group to buy British-based Hilton Hotels
08:31 14.10.2005 |
Economics
U.S. group Hilton Hotels Corp is in talks to buy the hotels of its UK namesake, the companies announced on Friday, a deal which would reunite the Hilton brand after more than 40 years and could be worth 3.6 billion pounds in cash, an industry source said
Indonesian rebels hand over weapons, finishing 29-year separatist fighting
01:24 14.10.2005 |
World
Rebels in Indonesia's Aceh province were preparing Friday to hand over a second batch of weapons as part of a peace deal that has so far halted 29 years of separatist fighting in Aceh, the area hit hardest by the Asian tsunami
Samsung Electronics' third-quarter profit falls on lower chip prices, fine charge
00:29 14.10.2005 |
Economics
Samsung Electronics Co., the world's largest memory chip maker and a major consumer electronics company, said Friday that third-quarter profit declined 30 percent amid lower chip prices and because it set aside funds to pay an antitrust fine in the United States.
Japanese stocks higher at open, dollar falls against yen
22:34 13.10.2005 |
Economics
Japan's benchmark stock index rose Friday morning as traders bought trucking, textile and nonferrous metal issues. The dollar fell against the yen.
Russian Cabinet approves Gazprom's purchase of Sibneft oil Company
09:00 13.10.2005 |
Economics
Prime Minister Mikhail Fradkov's government approved the state-controlled gas monopoly Gazprom's purchase of Sibneft oil company, a deal that will give the state control over one-third of Russia's oil output
