Webpages concerning "Business [2]"
China's plan to constitutionally guarantee the right to hold private property for the first time since the 1949 communist revolution is a step closer to taking effect after parliamentary leaders approved the measure, state media reports Monday.
http://cnn.com/2003/BUSINESS/12/29/china.property.ap/index.html
With China's economy expanding rapidly and a recovery simmering in other countries, demand for oil will increase faster than expected this year and in 2004, the International Energy Agency says.
http://cnn.com/2003/BUSINESS/12/10/worldoil.ap/index.html
China and the United States have agreed to hold talks on the vexed question of China's currency value next month following Tuesday's meeting between Premier Wen Jiabao and U.S. President George W. Bush in Washington.
http://cnn.com/2003/BUSINESS/12/09/china.us.wentrade.biz/index.html
China's top steel makers, including Baosteel, have welcomed the U.S. decision to scrap controversial tariffs on steel imports, saying it could prop up their bottom lines.
http://cnn.com/2003/BUSINESS/12/04/china.steel.reut/index.html
The central People's Bank of China is to widen the floating range for lending rates in its latest move towards a market-orientated interest rate regime, the state-run Xinhua news agency reports.
http://cnn.com/2003/BUSINESS/12/12/china.rates/index.html
Canadian Imperial Bank of Commerce will pay $80 million to settle charges it helped Enron Corp. in the fallen energy trader's massive accounting fraud, U.S. regulators say.
http://cnn.com/2003/BUSINESS/12/22/cibc.enron.reut/index.html
Colgate-Palmolive Co. says it has agreed to buy privately held Swiss toothpaste maker GABA Holding AG for up to $830 million, expanding its reach in Europe in a rare acquisition for the world's leading toothpaste seller.
http://cnn.com/2003/BUSINESS/12/18/swiss.colgate.reut/index.html
Corporate Japan regained confidence in the October-December quarter amid robust exports and profits, a government survey shows.
http://cnn.com/2003/BUSINESS/12/03/japan.economy.reut/index.html
In the first waves of response to the U.S. mad cow scare, Singapore, Malaysia and Taiwan have joined major buyers Japan and South Korea in immediately banning all U.S. beef imports.
http://cnn.com/2003/BUSINESS/12/23/japan.madcow.reax/index.html
Australian blood products group CSL Ltd. is to buy the plasma therapeutics business of France-based Aventis for up to $925 million.
http://cnn.com/2003/BUSINESS/12/08/australia.csl.biz/index.html
A high-profile trial over one of the biggest deals in automotive history opens in a U.S. court on Monday with billionaire Kirk Kerkorian claiming top DaimlerChrysler executives lied about the nature of the 1998 transaction.
http://cnn.com/2003/BUSINESS/12/01/daimler.reut/index.html
Billionaire investor Kirk Kerkorian told a U.S. court that the 1998 creation of DaimlerChrysler, one of the biggest deals in automotive history, was based on deception and fraudulence.
http://cnn.com/2003/BUSINESS/12/03/daimlerchrysler.trial.reut/index.html
The world's largest personal computer maker, Dell Inc., expects large companies to resume spending on information technology in 2004, Chief Executive Michael Dell is quoted as saying.
http://cnn.com/2003/BUSINESS/12/29/germany.dell.reut/index.html
The board of directors of the Walt Disney Company are preparing to meet under intense scrutiny amid a public row between chairman and CEO Michael Eisner and Roy Disney, son of the company's co-founder.
http://cnn.com/2003/BUSINESS/12/02/us.disney/index.html
The dollar fell to a record low against the euro on Tuesday as its euphoria over the weekend capture of former Iraqi leader Saddam Hussein gave way to concerns about the widening U.S. current account deficit.
http://cnn.com/2003/BUSINESS/12/16/dollar.euro.reut/index.html
The dollar held near recent record lows versus the euro on Thursday on a growing view the European Central Bank may tolerate further gains in the single currency, with investors awaiting key German sentiment data.
http://cnn.com/2003/BUSINESS/12/18/dollar.euro.reut/index.html
European shares closed in negative territory on Tuesday, unable to sustain an early rise to new 2003 highs as weakness in British banks such as Barclays and a further fall in the dollar tempered the market's enthusiasm.
http://cnn.com/2003/BUSINESS/12/02/markets.europe.reut/index.html
The dollar hit a record low against the euro for a fourth consecutive trading day on Wednesday as investors warmed to the view that a recovering U.S. economy would do little to alleviate the U.S. current account deficit.
http://cnn.com/2003/BUSINESS/12/03/euro.dollar/index.html
European shares ended a choppy session near breakeven on Thursday as weakness in the dollar unnerved investors, preventing benchmark indexes from reaching 2003 highs despite a rally by carmaker DaimlerChrysler.
http://cnn.com/2003/BUSINESS/12/04/markets.europe.reut/index.html
The dollar held near record lows against the euro on Wednesday after the previous session's subdued inflation data from the United States encouraged the view that U.S. interest rates would remain low for some time.
http://cnn.com/2003/BUSINESS/12/17/dollar.euro.reut/index.html
The dollar fell to three-year lows against the yen and was mired near record lows against the euro Monday as last week's weaker-than-expected U.S. jobs data added fuel to the currency's broad-based downtrend.
http://cnn.com/2003/BUSINESS/12/07/dollar.yen.reut/index.html
The dollar stumbled to the latest in a series of record lows against the euro on Monday as a heightened security alert in the United States gave the greenback another knock in a thin, pre-Christmas market.
http://cnn.com/2003/BUSINESS/12/22/dollar.euro.reut/index.html
The European Central Bank kept euro zone interest rates unchanged on Thursday as widely anticipated by financial markets, with a slow recovery in the 12-nation region posing little threat to inflation.
http://cnn.com/2003/BUSINESS/12/04/ecb.reut/index.html
New concerns over the strength of the economy and the sliding dollar hit European cyclical and technology shares on Monday, but expectations that the U.S. central bank will take no action on interest rates helped stocks close above their session lows.
http://cnn.com/2003/BUSINESS/12/08/markets.europe.reut/index.html
European Union heads of state and governments endorsed on Friday a multi-billion euro plan to encourage public and private investment into transport and research projects in a bid to revitalize the bloc's economy.
http://cnn.com/2003/BUSINESS/12/12/eu.investment.reut/index.html
The European Union and other trade powers are considering whether to hit at U.S. imports in a move that could cause further strains within the global trading system, diplomats said on Friday.
http://cnn.com/2003/BUSINESS/12/27/eu.trade.reut/index.html
The euro hit a lifetime high against the dollar on Monday, its second record in as many sessions, helped by yen selling and a generally bearish sentiment towards the dollar.
http://cnn.com/2003/BUSINESS/12/01/euro.dollar/index.html
The euro surged to a record high around $1.2089 on Tuesday according to Reuters data, with traders citing persistently negative sentiment on the dollar for the decline.
http://cnn.com/2003/BUSINESS/12/02/euro.dollar/index.html
European shares ended the last full trading day before Christmas within a thread of year highs as a debt deal buoyed French chemicals firm Rhodia and in-line U.S. data added to signs of economic improvements.
http://cnn.com/2003/BUSINESS/12/23/europe.markets.reut/index.html
European blue-chip shares ended lower on Friday after a drop in consumer confidence raised doubts about the health of the U.S. economy and Spanish retailer Inditex reported weak results.
http://cnn.com/2003/BUSINESS/12/12/markets.europe.reut/index.html
European blue-chips surged to a new year high on Monday, led by chemicals and miners, after a survey of U.S. manufacturers bolstered expectations that job growth would boost consumer demand and economic growth.
http://cnn.com/2003/BUSINESS/12/01/markets.europe.reut/index.html
European blue-chips closed down Tuesday, with technology firms led by Cap Gemini carrying the burden of investor worries about the damage to European economic and company growth from the weak dollar.
http://cnn.com/2003/BUSINESS/12/16/markets.europe.reut/index.html
Danish drugmaker Novo Nordisk helped European stock markets end the week at 15-month highs, but the feisty euro and accounting woes at giant food group Parmalat kept market gains limited.
http://cnn.com/2003/BUSINESS/12/19/markets.europe.reut/index.html
European shares defied a feisty euro and an unfolding scandal at Italian food group Parmalat to close at their best level in 16 months as investors bet the economy and profits will improve next year.
http://cnn.com/2003/BUSINESS/12/29/europe.markets.reut/index.html
European shares skidded on Friday, winded by unexpectedly weak U.S. jobs numbers and poorly received sales guidance from chip leader Intel, but markets still closed up on the week after touching fresh 2003 highs.
http://cnn.com/2003/BUSINESS/12/05/markets.europe.reut/index.html
European blue-chips ended at a fresh 15-month high in thin Christmas Eve trade on Wednesday, led by gains in tech companies and other sectors highly geared to the economic cycle.
http://cnn.com/2003/BUSINESS/12/24/europe.markets.reut/index.html
European blue chips crested 2003 highs then trimmed gains on Tuesday as hopes for higher corporate profits in 2004 were curbed when U.S. economic data fell short of high expectations.
http://cnn.com/2003/BUSINESS/12/30/europe.markets.reut/index.html
European stocks ended down on Monday, squeezed by Italian banks with exposure to crisis-hit Parmalat and British retailers after reports of slow sales in the run up to Christmas.
http://cnn.com/2003/BUSINESS/12/22/europe.markets.reut/index.html
Oil and financial shares helped European equity markets end Thursday a hair below 2003 highs, as fresh signs that an economic recovery is on track offset concern over the impact of a weakening dollar on export revenues.
http://cnn.com/2003/BUSINESS/12/17/markets.europe.reut/index.html
European shares rose for a fifth straight session on Monday, clocking up fresh 2003 highs as economy sensitive sectors such as steel and chemicals shrugged off fears that a record-high euro may scupper recovery.
http://cnn.com/2003/BUSINESS/12/29/europe.markets1240.reut/index.html
European shares rose for a seventh straight session on Wednesday, crowning their first year of gains since 1999 as investors bet on economic recovery to keep stocks on an upward track in 2004.
http://cnn.com/2003/BUSINESS/12/31/europe.markets.reut/index.html
U.S. prosecutors have unsealed criminal indictments against two former chairmen of French bank Credit Lyonnais and four others for alleged fraud in the takeover of a failed California insurer over a decade ago.
http://cnn.com/2003/BUSINESS/12/18/france.creditlyon.reut/index.html
Most Asian stock markets closed higher Friday as solid Japanese business confidence and Wall Street's best close in nearly 19 months spurred buying of exporters such as Japan's Sony.
http://cnn.com/2003/BUSINESS/12/12/asiastocks.fridayclose.reut/index.html
Tokyo stocks closed higher Friday as investors snapped up select technology and exporter blue chips.
http://cnn.com/2003/BUSINESS/12/12/asiastocks.fridayclose.ap/index.html
South Korea's top carmaker, Hyundai Motor, has reported an 11.5 percent rise in November sales, as robust exports to the key U.S. and European markets more than offset stumbling sales at home.
http://cnn.com/2003/BUSINESS/12/01/korea.hyundai.reut/index.html
Federal Reserve policy-makers have upgraded their assessment of the U.S. economy while keeping their key interest rate at a 41-year low of 1 percent.
http://cnn.com/2003/BUSINESS/12/09/us.fedrate/index.html
China consumer prices rose at their fastest pace in six years during the 12 months through November, government figures show.
http://cnn.com/2003/BUSINESS/12/11/china.cpi.reut/index.html
Regulators have scored another victory in Australia's biggest corporate collapse after a former executive with insurance company HIH pleaded guilty Tuesday to two counts of criminal misconduct.
http://cnn.com/2003/BUSINESS/12/16/australia.hih/index.html
Australian beer and wine-making giant Foster's Group says its 2003 California grape harvest is up 6 percent over the previous year.
http://cnn.com/2003/BUSINESS/12/22/australia.fosters.biz/index.html
French consumer spending plunged 2.8 percent in November as households worried by unemployment cut back spending on retail goods even in the run-up to Christmas, official figures showed on Tuesday.
http://cnn.com/2003/BUSINESS/12/23/france.consumers.reut/index.html
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