High oil prices spur demand for low energy electronics
Published Sunday, July 6, 2008
These days when customers walk into electronics stores, the first question they ask is how much electricity the fridge, washing machine or laptop computer they are contemplating buying consumes. Read More |
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Postbank sale may fail over target price: report
Published Sunday, July 6, 2008
The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday. Read More |
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BP sues Russian partners in TNK-BP
Published Sunday, July 6, 2008
Oil major BP said on Saturday it is suing its partners in the Russian venture TNK-BP TNBPI.RTS in London for 8.4 billion roubles ($357.3 million), money it believes should not have been paid out as back-tax claims in Russia. Read More |
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Auto sector woes could spur deals: Renault CEO
Published Sunday, July 6, 2008
A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday. Read More |
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IEA sees oil easing, then tightening to 2013: report
Published Sunday, July 6, 2008
The situation on the oil market is likely to ease in 2009/2010 as more production comes on-stream, then tighten again through 2013 as output falls and demand rises, the head of the International Energy Agency said.
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Cost of day-care sparks miscontent at Google HQ
Published Sunday, July 6, 2008
Google Inc is under fire from a handful of parents who work at the company's Silicon Valley offices for price hikes in the cost of on-site day care services, the New York Times reported on Saturday. Read More |
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Alabama likely site of new VW plant: report
Published Sunday, July 6, 2008
Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources. Read More |
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Former Refco CEO gets 16 years in prison
Published Friday, July 4, 2008
Phillip Bennett, the former chief executive of Refco, was sentenced to 16 years in prison on Thursday for fleecing investors of more than $2.4 billion in a fraud that destroyed the world's largest independent commodities broker.
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Microsoft seeks allies for new Yahoo move: report
Published Thursday, July 3, 2008
Microsoft Corp (MSFT.O: Quote, Profile, Research) is preparing a new bid for Yahoo Inc's (YHOO.O: Quote, Profile, Research) search business and has approached other media companies about joining it in a deal that would effectively lead to Yahoo's breakup, the Wall Street Journal said.
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Airline pilots brace for downsizing, career change
Published Thursday, July 3, 2008
United Airlines pilot Todd Coomans has yet to fully recover from a painful furlough five years ago that set his airline career back several years and, along the way, also cost him his marriage.
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Steelmakers integrate to guarantee raw materials
Published Thursday, July 3, 2008
Steelmakers are buying mines and mining companies to increase self-sufficiency in their key raw materials, iron ore and coking coal, which have seen prices soar over the last year.
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AstraZeneca bolstered by Seroquel patent victory
Published Thursday, July 3, 2008
AstraZeneca (AZN.L: Quote, Profile, Research) shares rose nearly 5 percent on Wednesday after the group won a key U.S. patent battle over its second-biggest selling drug, Seroquel, for schizophrenia and bipolar disorder.
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