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Business News |
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GM's Saab eyes new models to boost volume (Reuters)
Reuters - General Motors'
loss-making Saab unit is planning to launch three new models in
Europe in an effort to boost volumes and break even, the
Frankfurter Allgemeine Zeitung ...
GM's workers ratify new health-care cuts (Reuters)
Reuters - Blue-collar workers at General Motors
Corp. have ratified a landmark deal to help the
automaker cut its massive health-care costs, the United Auto
Workers union said on Friday.
Julius Baer strikes $4.6 bln UBS buy
ZURICH (Reuters) - Julius Baer BAER.VX is to buy three banks from ...
Dollar falls on doubts about US growth
LONDON (Reuters) - The dollar hit its lowest levels in nearly four months on Monday on worries that the Federal Reserve may pause in its dollar-supportive monetary tightening as the ...
Oil off $1 on IEA release
LONDON (Reuters) - Oil prices fell on Monday, extending Friday's sharp drop, after the release by industrialised nations of emergency stocks to prevent a U.S. fuel crisis after ...
Markets worry Katrina may hit growth
LONDON (Reuters) - Worries that Hurricane Katrina will take a bite out of U.S. growth boosted bonds and sent the dollar to multi-month lows on Monday as markets grew more confident ...
EU, China hail "equitable" textile deal
BEIJING (Reuters) - China and the European Union reached a deal on Monday to release millions of Chinese garments blocked by EU customs officers because they exceed import ceilings, ...
Court rules against Kazaa
SYDNEY (Reuters) - An Australian court ruled on Monday that users of the popular Internet file-sharing network Kazaa were breaching copyright, and ordered its owners to modify the ...
U.S. oil industry crawling back
NEW YORK (Reuters) - Energy companies kept working through the Labor Day holiday to restore damaged Gulf of Mexico offshore oil and natural gas production facilities and restart Gulf ...
Katrina toll on insurers may grow clearer
NEW YORK (Reuters) - With cleanup costs from Hurricane Katrina mounting, major insurers including Allstate Corp. and St. Paul Travelers Cos. this week may offer early estimates of ...
Chiron board: Novartis offer 'inadequate'
NEW YORK (Reuters) - Drugmaker Chiron Corp. on Monday issued a statement from its independent board of directors saying an offer from Swiss group Novartis AG to acquire the 58 ...
GM shares fall on fears of Delphi strike
DETROIT (Reuters) - Shares of General Motors Corp. GM.N fell more than ...
Delphi reports sharply wider Q3 loss
CHICAGO (Reuters) - Auto parts maker Delphi Corp. DPHIQ.PK on ...
Stocks rise as oil falls
NEW YORK (Reuters) - U.S. stocks ended slightly higher on Wednesday as oil at the lowest level in more than three months boosted retailers like Wal-Mart Stores Inc., while General ...
Refco makes liquidation request
NEW YORK (Reuters) - Refco Inc. RFXCQ.PK on Wednesday asked a ...
Poole plays down deficit risks
ST. LOUIS (Reuters) - The U.S. current account deficit is not sustainable but an adjustment need not be disorderly, provided the government and central bank deliver good policies, a ...
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