Business News

Iraq oil exports at 58.2 million barrels in October
Baghdad - Iraq crude oil exports reached 58.2 million barrels in October this year, generating 4.19 billion dollars in revenue, the Oil Ministry said Sunday. Daily oil production dropped slightly in to an average of about 1.85 million barrels a day, ...

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[Posted on : 2009-11-22 ] Category : [ Business ]

Hershey, Nestle, sweeten war for Cadbury
Washington - Hershey and Nestle are expected to jump into the war over Cadbury sweets, media reports said Saturday, just weeks after the British-based stalwart rejected a hostile bid by US Kraft Inc. The growing market for chocolate in the developing...

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[Posted on : 2009-11-21 ] Category : [ US (Business) ]

Report: Germans in turmoil over Opel aid as neighbours offer cash
Berlin - The new German coalition government led by Chancellor Angela Merkel is in turmoil over the issue of state aid for Opel, while other EU states with Opel factories have pledged more than a billion euros (1.49 billion dollars), a magazine repor...

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[Posted on : 2009-11-21 ] Category : [ Business ]

Thousands of Spanish farmers protest for higher prices
Madrid - Tens of thousands of farmers demonstrated in the Spanish capital of Madrid on Saturday for higher prices for their produce, claiming that farming in the country was no longer profitable. According to the state broadcaster RNE, more than 100,...

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[Posted on : 2009-11-21 ] Category : [ Business ]

US stock drop slightly on Dell profits, mixed for week
New York - Technology and energy shares pushed US stocks lower Friday, capping a mixed week for investors amid unease about the pace of the world's economic recovery. Tech stocks slid after a disappointing earnings report from computer giant Dell, wh...

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[Posted on : 2009-11-20 ] Category : [ US (Business) ]

Metal prices from London Commodities Exchange 20 November 2009
London - Final prices in dollars per ton - cash and forward. Also given are the previous trading day's quotations.cash                     forward Copper  6,776.50 ( 6,753.00)     6,802.50 ( 6,781.00) Lead      2,313.50 ( 2,324.50)   2,337.50 ( 2,347...

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[Posted on : 2009-11-20 ] Category : [ UK (Business) ]

GM: Opel restructuring plan by mid-December; cuts up to 25 per cent
Washington - US carmaker General Motors will present a new restructuring plan for its European operations by mid-December, Nick Reilly, the new head of GM Europe, wrote on his new blog Friday. While the details were still being hashed out, Reilly war...

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[Posted on : 2009-11-20 ] Category : [ US (Business) ]

Porsche board agrees to VW tie-up - Summary
Berlin - Luxury German sports carmaker Porsche said Friday its board had agreed to the group's planned integration into Volkswagen AG, Europe's biggest auto manufacturer. The decision by the Porsche supervisory board came after German-based VW's supe...

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[Posted on : 2009-11-20 ] Category : [ Business ]

Frankfurt Stock Exchange quotations 20 November 2009
Frankfurt - Frankfurt Stock Exchange closing prices in euros. In brackets the point movement of index/price movement of stocks against previous quotation: ...

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[Posted on : 2009-11-20 ] Category : [ Business ]

Arab stocks lacklustre ahead of Muslim festivities
Amman - Most of Arab stock markets extended losses this week ahead of Eid al-Adha festivities due to start on November 27, financial analysts said Friday. They also attributed the plunge to declines on global markets, the foggy picture surrounding th...

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[Posted on : 2009-11-20 ] Category : [ Business ]

Defoe's new boots lift Spurs to cloud nine

Arab media: Deal for release of Gilad Shalit to be signed on Friday

Home draw against Zaragoza keeps Malaga bottom - Update

Polls put incumbent ahead in Romanian vote; fraud reported - Summary

Police block march by banned Hungarian group

Leaked documents reveal shortcomings of British role in Iraq war

Murray overcomes Del Potro to open with year-end win - Update

Leverkusen on top after draw in Munich; Bochum stun Hamburg - Summary

Nilmar goals continue Villarreal's revival

Brown's Labour party gains ground on Cameron's Conservatives

Iran's controversial former interior minister dies

Comeback on the cards for Schumacher?

US envoy visits Taiwan to give briefing on Obama's China trip

Deep ocean census finds jumbo Dumbo and oil-drilling worms

Murray overcomes Del Potro to open with year-end win

Bolt and Richards are World Athletes of the Year 2009

Totti returns with hat-trick for Roma - Update

New York man kills fellow commuter over seat on train

Leverkusen back on top after draw in Munich - Update

Two arrested in Northern Ireland car bomb attack