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...
[Posted on :
2009-11-21 ] Category : [
US (Business) ]
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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...
[Posted on :
2009-11-20 ] Category : [
US (Business) ]
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US stock sell-off on fears of weak recovery
New York - US stocks followed global markets in a broad decline amid investor fears over the world's uneasy recovery from recession. Major US stock indices fell about 1 per cent on average, following hefty declines in the DJ Euro Stoxx 50 and Japan's...
[Posted on :
2009-11-19 ] Category : [
US (Business) ]
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US leading economic indicator gains 0.3 per cent
Washington - A key measure of US economic performance gained in October, according to a private research group Thursday, signalling that a broader recovery may be taking hold. The New York-based Conference Board's Leading Economic Index added 0.3 per...
[Posted on :
2009-11-19 ] Category : [
US (Business) ]
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US stocks fall slightly on technology earnings
New York - US stocks posted modest losses Wednesday on poor profit forecasts from technology firms and a surprising dip in home construction. Earnings from Salesforce.com and Autodesk were worse than expected. Other technology shares losing ground in...
[Posted on :
2009-11-18 ] Category : [
US (Business) ]
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US inflation 0.3 per cent in October - Summary
Washington - The US inflation rate was 0.3 per cent in October compared to the previous month, according to the Labour Department Wednesday. The higher-than-expected increase was fuelled by gains in car sales and energy prices. Consumer prices rose 0...
[Posted on :
2009-11-18 ] Category : [
US (Business) ]
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US inflation 0.3 per cent in October
Washington - The US inflation rate was 0.3 per cent in October compared to the previous month, according to the Labour Department Wednesday. The largest increases came in car sales and energy prices. Consumer prices rose 0.2 per cent in September and...
[Posted on :
2009-11-18 ] Category : [
US (Business) ]
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US stocks pushed higher by oil, metal gains
New York - US stocks posted modest gains Tuesday amid a rise in commodity prices, continuing to push major indices to their highest levels in 13 months. Crude oil climbed 0.3 per cent and metals like gold and copper rose, spurring gains in many commo...
[Posted on :
2009-11-17 ] Category : [
US (Business) ]
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