Archive for March 1st, 2008


In Uncategorized
1Mar 08

French President Nicolas Sarkozy on Saturday hailed a big contract awarded by the United States Air Force to European aerospace group EADS and its U.S. partner as a sign of stronger U.S.-European relations.
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The parent company of Air China used a newspaper advertisement Saturday to plead with the directors of China Eastern to review its rejection of a proposed alliance between the two carriers.
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Japan's largest opposition party is set to reject the government's plan to nominate deputy Bank of Japan governor Toshiro Muto as a new head of the central bank, reports said Saturday.
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China Minsheng Bank has been given the green light by regulators to buy a stake in UCBH Holdings Inc, in the first strategic investment by a Chinese lender in a US bank, state media reported Saturday.
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Venezuela urges OPEC to study Exxon row

Posted by UK Economy News
In Uncategorized
1Mar 08

Venezuela wants next week's OPEC meeting to discuss its escalating legal battle with Exxon Mobil , a Venezuelan official was reported by Algeria's official APS news agency as saying on Saturday.
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In Uncategorized
1Mar 08

US lawmakers have reacted angrily after the US military awarded a 35-billion-dollar aircraft deal to Europe's Northrop Grumman/EADS group, in a major blow to US manufacturers Boeing.
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Buffett faults housing crisis amid profits

Posted by UK Economy News
In Uncategorized
1Mar 08

Warren Buffett concluded a highly profitable year for his Berkshire Hathaway with an admonition for lenders who fuelled the housing crisis and words of caution that Berkshire's own results might be less stellar than in 2007.
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In Uncategorized
1Mar 08

Ukraine's prime minister, Yulia Tymoshenko, gave assurances Saturday that Russia would not go ahead with a threatened cut in gas supplies next week.
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In Uncategorized
1Mar 08

Liechtenstein, whose reputation has been sullied by a global tax evasion scandal, is ready to reform its banking system, Prime Minister Otmar Hasler said in an interview published Saturday.
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Rome magistrates have opened an investigation into some 400 Italians suspected of evading taxes by holding secret bank accounts in Liechtenstein, judicial sources said on Saturday.
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