Archive for June, 2008

Colombia polarized by Uribe’s battle with courts

Monday, June 30th, 2008

By Hugh Bronstein BOGOTA, June 30 (Reuters) - Colombian President AlvaroUribe deepened his feud with the courts on Monday by goingahead with plans for a referendum aimed at rerunning the 2006election in which he won a second term. ...

Major labels benefit from non-music sales-report

Monday, June 30th, 2008

LONDON, June 30 (Reuters) - British record companies sawrevenues from non-music sales rise sharply in 2007, partlycompensating for declining recorded music sales, a report saidon Monday. The BPI (British Phonographic Industry), which representsthe country's recorded music business, said non-music salesincreased by ...

Glaxo’s Cervarix vaccine faces further U.S. delay

Monday, June 30th, 2008

By Ben Hirschler LONDON (Reuters) - GlaxoSmithKline Plc (GSK.L: Quote, Profile, Research, Stock Buzz) does not expect to win U.S. approval for its key cervical cancer vaccine Cervarix until late 2009, marking a further delay for the product. The delay, ...

UPDATE 1-New charges brought against Russia’s Khodorkovsky

Monday, June 30th, 2008

(Adds details, quotes) MOSCOW, June 30 (Reuters) - Russian prosecutors have broughtnew charges against jailed former oil tycoon MikhailKhodorkovsky, his legal team said on Monday. The lawyers said they had yet to establish what the newcharges were. ...

FACTBOX: TeliaSonera’s future after France Tel pullout

Monday, June 30th, 2008

STOCKHOLM (Reuters) - France Telecom's withdrawal on Monday of a plan to acquire TeliaSonera (TLSN.ST: Quote, Profile, Research, Stock Buzz) leaves the Nordic telecoms operator where it was two months ago -- as a standalone company with a mission to cut costs. But ...

Deutsche Bank hikes 2008 rhodium forecast by 5.5 pct

Monday, June 30th, 2008

LONDON, June 30 (Reuters) - Deutsche Bank (DBKGn.DE: Quote, Profile, Research, Stock Buzz) hasraised its full-year 2008 rhodium price forecast by 5.5 percent,citing continued high demand from carmakers and tight supply,the bank said in a note. The price of the precious metal, the world's most ...

Navistar says pickup market in “stranglehold”

Monday, June 30th, 2008

CHICAGO (Reuters) - U.S. truck and engine maker Navistar International Corp NAVZ.PK said on Monday the U.S. pickup truck market was in a "stranglehold," squeezed by both economic weakness and high diesel fuel prices. During a conference call with investors to discuss the ...

Good monsoon forecast brings hope to farmers

Monday, June 30th, 2008

Rating:  0 Monday , June 30, 2008 at 1927 hrs There is some ...

Good news for crops as IMD predicts good monsoon

Monday, June 30th, 2008

Rating:  0 Monday , June 30, 2008 at 1927 hrs There is some ...

Jet fuel price hiked by 4.3 pc

Monday, June 30th, 2008

Rating:  0 Monday , June 30, 2008 at 1915 hrs In a move ...