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Business 30 Dec 2003 | 12:00 AM

Trade in Parmalat shares suspended

B>MILAN:/BThe Milan bourse has suspended shares in Parmalat until futher notice after the Italian food group was declared insolvent over the weekend.

Business 29 Jan 2004 | 12:00 AM

Philippine shares end sharply lower Thursday

Philippine shares ended sharply lower Thursday, in step with other Asian markets, on profit-taking triggered by economic and security concerns, traders said.

Business 29 Feb 2004 | 12:00 AM

US socks wholesalers cry foul

Socks wholesalers throughout the United States are in a fix since the US Bureau of Customs and Border Protection began detaining all imported socks on Feb 2, the first time the department has impounded an entire category of apparel.

Business 06 Apr 2004 | 12:00 AM

Incitec product pulled out over terrorism fears

Incitec Pivot, Australia's biggest supplier of a key fertiliser ingredient that can be used to make bombs, has announced it is pulling the product from the market to prevent its eventual use by terrorists.

Business 24 Dec 2004 | 12:00 AM

Foreign business news in brief

News briefs, including from Singapore that real estate sales in the republic have hit their highest level in five years, with transactions worth S$7.45bil so far this year, up 79% from 2003, said property consultant CB Richard Ellis.

Business 14 Jan 2005 | 12:00 AM

Macy's agrees to settlement in racial profiling case

Macy's has agreed to a settlement in a case in which black and Hispanic customers alleged the company targeted minorities in trying to catch suspected shoplifters, the retail chain confirmed Thursday.

Business 14 Mar 2005 | 12:00 AM

The long and short of foreign labour

THE Government's recent proposal to allow foreign workers, currently restricted to sectors such as palm oil plantations, construction, restaurants and domestic help, to work on farms and in small- and medium-scale industries, has contributed further to the controversial debate over the large presence of migrant workers in the country.

Business 22 Sep 2005 | 12:00 AM

Crude futures climb toward US$68 a barrel as Rita advances on Texas

Crude oil prices climbed toward US$68 a barrel Thursday as Hurricane Rita closed in on Texas, raising fears it would hit key production facilities along the U.S. Gulf Coast that were largely untouched by Hurricane Katrina's onslaught three weeks ago.

Business 31 Oct 2005 | 12:00 AM

Guangdong Kelon reports net loss in third quarter

HONG KONG: Guangdong Kelon Electrical Holdings Co. reported a big third-quarter net loss Monday as allegations of wrongdoing by senior executives undermined confidence in the Chinese electrical appliance maker.

Business 12 Aug 2006 | 12:00 AM

European stocks end mostly lower

LONDON (AP) - European shares traded mostly lower Friday, pulled down by a weaker start in the U.S. equity market and further pressure from the telecom sector.