Business - Business - World News latest news
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Lax Real Estate Decisions Hurt StarbucksStarbucks's biggest mistakes and greatest challenges boil down to three words: location, location and location. The New York Times Friday, July 04, 2008 'Indo-Thailand bilateral trade set to reach $10 bn'Bilateral trade between Thailand and India was expected to reach USD 10 billion by 2010, Tamil Nadu Governor Surjit Singh Barnala said on Friday. The Economic Times Friday, July 04, 2008 G-8 to tackle inflation, concrete action elusiveG8 leaders aim to present a united front against global inflation, driven by soaring oil and food prices, at a summit in Japan next week, but solving the problem requires more than just a strong message from rich nations. The Financial Express Friday, July 04, 2008 Airlines cut down on routes to curtail lossesHaving lost the battle against spiralling aviation turbine fuel costs, airlines like the national carrier Air India, private carriers Jet Airways and Kingfisher, amongst others, have cancelled some of their routes to tide over the dip in traffic during the lean season. The Financial Express Friday, July 04, 2008 Bourses end in red for seventh weekSustained rise in the rate of inflation and firming up of crude oil prices continued to take its toll on the bourses with benchmark indices posting negative weekly closing for the seventh week in a row on Friday. The Financial Express Friday, July 04, 2008 Food prices pushing up inflationNEW DELHI: On the back of rising prices of food article, vegetable, oil seed and manufactured items like iron and steel, inflation rose to a new 13-year high of 11.63% on Friday. During the week en... India Gazette Friday, July 04, 2008 $52 Billion Deal for Bell CanadaPrivate equity buyers apparently salvaged a record $52 billion deal for Bell Canada on Friday by postponing its closing date and canceling dividend payments. The New York Times Friday, July 04, 2008 Tax Credit to Save UBS From Another Hefty LossThe Swiss bank said it expected to break even or make a small loss in the second quarter, helped by a $2.96 billion tax credit. The New York Times Friday, July 04, 2008 Mangetout and Mugabe: Multinationals wrestle with Zimbabwe roleA number of foreign businesses, anxious to distance themselves from a violent regime, have pulled out this week - but others continue to argue that their presence is beneficial for an impoverished people FT.com Friday, July 04, 2008 Barroso at odds with Sarkozy on ECBEurope's divisions over inflation were highlighted on Friday when José Manuel Barroso, European Commission president, defended the European Central Bank against political critics FT.com Friday, July 04, 2008
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