Global Trade

INTERVIEW-As travelers trade down, Best Western could win

Author: Admin on Thu Jul 03 22:30:31 PDT 2008
* Best Western could add business as travelers trade down * Surplus supply in midmarket hotel segment causes concern * Strong correlation between hotel sector and stock market By Mark McSherry NEW...

Mozambique to import Vietnam rice to curb shortages

Author: Admin on Thu Jul 03 20:35:40 PDT 2008
By Charles Mangwiro MAPUTO, July 3 (Reuters) - Mozambique will import 1.2 million tonnes of rice from Vietnam over the next three years to curb food shortages, a top government official said on...

WTO's Lamy: Reach Doha Round Deal Is "Feasible"

Author: Admin on Thu Jul 03 20:17:41 PDT 2008
July 03, 2008 10:44 ET (14:44 GMT), BRUSSELS -(Dow Jones)- Reaching a deal on the Doha round trade talks is "feasible," Pascal Lamy, the head of the World Trade Organization, said Thursday. "It's...

Business Books: Making the workplace a gripe-free zone

Author: Admin on Thu Jul 03 20:16:38 PDT 2008
By Lisa Von Ahn NEW YORK, July 3 (Reuters) - Comedian Lily Tomlin once said that the human race invented language because of a deep-seated need to complain, but an increasing number of people see...

Trade, Oil & Food Prices Main Econ Issues At G8 - UK Official

Author: Admin on Thu Jul 03 20:16:06 PDT 2008
July 03, 2008 13:07 ET (17:07 GMT), LONDON -(Dow Jones)- Oil and food prices and a last-minute push to seal a Doha trade deal will be the top economic issues on the agenda at the...

WTO's Lamy: Reach Doha Round Deal Is "Feasible"

Author: Admin on Thu Jul 03 20:14:27 PDT 2008
July 03, 2008 10:29 ET (14:29 GMT), BRUSSELS (Dow Jones)--Reaching a deal on the Doha round trade talks is "feasible," Pascal Lamy, the head of the World Trade Organization, said Thursday. "It's...

S.Lanka can manage trade deficit amid inflation-c.bank

Author: Admin on Thu Jul 03 20:06:32 PDT 2008
By Shihar Aneez COLOMBO, July 3 (Reuters) - Sri Lanka can manage its trade deficit this year despite a record fuel import bill due to improved foreign exchange inflow, but inflation would be a...

Trade, Oil & Food Prices Main Econ Issues At G8 - UK Official

Author: Admin on Thu Jul 03 20:06:16 PDT 2008
July 03, 2008 12:52 ET (16:52 GMT), LONDON (Dow Jones)--Oil and food prices and a last-minute push to seal a Doha trade deal will be the top economic issues on the agenda at the Group...

China sees brisk gold investment, rising imports

Author: Admin on Thu Jul 03 20:06:11 PDT 2008
By Niu Shuping BEIJING, July 3 (Reuters) - Ordinary Chinese are investing more actively in gold as an alternative hedge against decade-high inflation, a senior gold industry executive said on...

INTERVIEW-Petra sees five-fold diamond output rise by 2010

Author: Admin on Thu Jul 03 20:05:21 PDT 2008
By David Brough LONDON, July 3 (Reuters) - AIM-listed miner Petra Diamonds expects to increase diamond production in its South African mines five-fold to more than 1 million carats a year by 2010 and...

Daewoo Ship Receives Record 2.44 Trillion Won Order

Author: Admin on Thu Jul 03 19:54:44 PDT 2008

Business Report at 0230 GMT, July 4

Author: Admin on Thu Jul 03 19:48:32 PDT 2008

High food prices add 50 mln people to hunger

Author: Admin on Thu Jul 03 19:33:52 PDT 2008

Malaysia 2008 exports seen up 6 pct-minister

Author: Admin on Thu Jul 03 03:09:52 PDT 2008
(Adds details, quotes) By Niluksi Koswanage KUALA LUMPUR, July 3 (Reuters) - Malaysian exports are likely to grow 6 percent in 2008, more than twice as fast as last year, as the Southeast Asian...

Australia to end diesel buying binge from Aug-trade

Author: Admin on Thu Jul 03 03:09:01 PDT 2008
By Felicia Loo and Chua Baizhen SINGAPORE, July 3 (Reuters) - Australia may resume normal diesel imports of around 100,000 tonnes from next month, down from 360,000 tonnes in June-July, as Western...

Warrants trades up in Singapore, down in HK - SocGen

Author: Admin on Thu Jul 03 02:14:59 PDT 2008
By Yvonne Cheong SINGAPORE, July 3 (Reuters) - The value of structured warrants traded in Singapore jumped 21 percent but fell 41 percent in Hong Kong in the first half of 2008, and volumes in...

Reuters Business Report at 0830 GMT

Author: Admin on Thu Jul 03 02:13:21 PDT 2008
REUTERS BUSINESS REPORT Wednesday, July 3, 2008 Editors and times (in GMT): Jason Neely +44 207 542 8825 -- 0830, 1230 Brian Moss +1 646 223 6200 -- 1430, 1830 Sonya Hepinstall/Mathew Veedon +65...

US Beef Sales Hot In S Korea Despite Protests-Yonhap

Author: Admin on Thu Jul 03 01:58:30 PDT 2008
Phones kept ringing nonstop with people asking for a delivery of American loin cuts. At the empty brisket shelf, an elderly female customer raised her voice in protest...

Deals of the day -- mergers and acquisitions

Author: Admin on Thu Jul 03 01:28:50 PDT 2008
July 3 (Reuters) - The following bids, mergers, acquisitions and disposals involving European, U.S. and Asian companies were reported by 0600 GMT on Thursday. ** U.S. private equity house Lone Star...

BHP says gets partial U.S. antitrust OK for Rio bid

Author: Admin on Thu Jul 03 01:25:16 PDT 2008
 SYDNEY/BRUSSELS, July 3 (Reuters) - BHP Billiton Ltd/Plc <BHP.AX><BLT.L> said on Thursday that United States antitrust authorities have cleared its unsolicited $170 billion bid for...