29 Apr 2005 09:19 AM

The US President George W. Bush calls for specifis cuts in future retirement benefits pointing at his desire to win over the revamp to Social Security plan.

29 Apr 2005 09:12 AM

ChevronTexaco Corp., the fourth-largest oil company by reserves, reported today that its first-quarter revenue rocketed 24%.

29 Apr 2005 08:39 AM

U.S. employment costs index rose 0.7% in the first quarter, the smallest increase since the first quarter of 1999, according to the Labor Department. Economists were expecting 1.0%.

29 Apr 2005 08:35 AM

Personal income rose 0.5% in March, according to the Commerce Department. Economists were expecting 0.4%. Personal consumer expdenditures rose 0.6%, econimists were expecting 0.4%. The March personal

29 Apr 2005 08:16 AM

The World Trade Organisation ruled yesterday that sugar industry subsidies are illegal and harm the rest of the world’s sugar producers. Phil Bloomer, head of Oxfam’s make trade fair campaign, said: "Today’s ruling confirms that the EU has been breaking WTO law and seriously harming developing countries in the process." Australia’s

29 Apr 2005 07:48 AM

The world’s No.1 insurer American International Group Inc. will postpone its financial report for 2004 once again in the process of reviewing accounting errors with the higher possibility for the company to see its net worth cut by about $1.7 billion it previously estimated.

29 Apr 2005 07:20 AM

UBS RAISED ROWAN TO "BUY" FROM "NEUTRAL"

29 Apr 2005 07:14 AM

NYSE chief executive John Thain stepped forward to support Goldman Sachs Group Inc.’s role in the proposed acquisition of Archipelago Holdings Inc. by the New York Stock Exchange. ``Several members have asked about the role played by Goldman Sachs and the potential for conflicts,’’ Thain

29 Apr 2005 07:01 AM

J.P. MORGAN RAISED KELLOG TO "OVERWEIGHT" FROM "NEUTRAL"

29 Apr 2005 05:36 AM

DEUTSCHE BANK RAISED ALCATEL TO "BUY" FROM "HOLD"

29 Apr 2005 05:35 AM

DEUTSCHE BANK CUT MARCONI TO "HOLD" FROM "BUY"

29 Apr 2005 05:33 AM

CITIGROUP SMITH BARNEY RAISED GLAXOSMITHKLINE TO "BUY" FROM "HOLD"

28 Apr 2005 04:18 PM

The UK Prime Minister Tony Blair said he sees no options for the country to join eurozone soon and promised the UK people will not change pound for euro if the Labour Party wins the elections.

28 Apr 2005 03:16 PM

The repatriation of funds allowed under a tax break law can turn into an issue among the countries as they are quite reasonable with the withdrawal of capitals and may postpone the repatriation until the second half of the year.

28 Apr 2005 02:47 PM

The largest drugmaker for Europe GlaxoSmithKline Plc said its antidepressant Paxil CR may soon return to the market. The company also plans to get back its diabetes treatment Avandamet after the agreement with the US regulators on improving manufacturing of the drugs.