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Archive for May 17th, 2008Indonesia limits fuel purchases ahead of price rise: reportPosted by UK Economy News
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17May 08 Indonesia's oil and gas company Pertamina has set limits on subsidised fuel purchases ahead of the government's plans to hike fuel prices, reports said Saturday.
Read full story French fishermen, port workers step up blockadesPosted by UK Economy News
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17May 08 French fishermen angry at high fuel costs kept up a week-long blockade of Atlantic ports Saturday, as striking workers paralysed two other major ports in protest at privatisation plans.
Read full story Comments Off Bharti, MTN merger talks could wind up this weekend: reportPosted by UK Economy News
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17May 08 Merger talks between India's biggest mobile phone services firm, Bharti Airtel, and South Africa's flagship MTN Group could wind up this weekend, a report said on Saturday.
Read full story Comments Off Italian designers Dolce and Gabbana in tax probe: reportPosted by UK Economy News
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17May 08 Italian authorities are probing fashion designers Dolce and Gabbana,creators of luxury items ranging from clothes to beachwear, sunglasses, jewelry and mobile phones, for alleged tax evasion, a report said Saturday.
Read full story Comments Off ECOWAS says rising oil prices a challenge to growthPosted by UK Economy News
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17May 08 West African regional bloc ECOWAS said Saturday rising world's oil prices is a major challenge to economic growth in the sub-region.
Read full story Comments Off China quake losses won’t spark price hikes — ministryPosted by UK Economy News
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17May 08 China's earthquake caused massive losses to agriculture but will not trigger major food shortages or price hikes, the vice minister of agriculture said Saturday.
Read full story Comments Off EADS to roll out A400M on June 26Posted by UK Economy News
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17May 08 European aerospace group EADS plans to roll out the A400M heavy airlifter for its first public viewing on June 26, the company said on Saturday.
Read full story Comments Off Austrian Airlines’ fate be resolved by year end: Vice-ChancellorPosted by UK Economy News
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17May 08 Austria's conservative Vice Chancellor Wilhelm Molterer on Saturday set a year-end deadline for troubled national carrier Austrian Airlines' future to be settled.
Read full story Comments Off Saudi oil output hike would not solve US problems: BushPosted by UK Economy News
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17May 08 US President George W. Bush said on Saturday that a hike in oil output by Saudi Arabia would not solve American energy problems.
Read full story Comments Off Bush to meet Palestinians in EgyptPosted by UK Economy News
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17May 08 US President George W. Bush arrived in Egypt on Saturday for talks with Palestinian leaders amid growing Arab criticsm of his perceived bias towards Israel and of the faltering peace talks.
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