Andersen judge answers key question
New York: The judge in the Andersen obstruction of justice trial on Friday gave deadlocked jurors a ruling that could help them find the ravaged accounting firm guilty.
Back to News Review index page  
G7 upbeat on economies, not trade
New York: A recovering world economy and an agreement to leave exchange rates well alone will be a focus of weekend talks of finance ministers from the worlds richest economies, but an undercurrent of tension opened up on Friday even as the talks began.
Back to News Review index page  
Bridgestone past Firestone mess
New York: While public outrage at a series of Japanese and US corporate scandals continues to run high, Bridgestone Corps recovery from a massive tyre recall at its US unit Firestone has gone largely unnoticed.
Back to News Review index page  
PC virus affecting photos detected
New York: Security researchers have found the first computer virus able to corrupt digital images, including photos, stored on a hard-drive in the popular .jpg format, an anti-virus company said.
Back to News Review index page  
P&G to outsource work in multi-billion contract
New York: Consumer products maker Procter & Gamble plans to farm out about 80 per cent of its back-office work in a multi-billion dollars contract that could be a landmark piece of business for the outsourcing industry.
Back to News Review index page  
UKs Tesco confirms slowdown with Q1 sales
London: Tesco, which has a grocery market share of about 16.7 per cent in Britain through 700 plus stores, said UK sales, stripping out new selling space, grew 4.5 per cent in the 12 weeks ended May 18, meeting analysts forecasts.
Back to News Review index page  
Evidence to be reviewed in Arthur Andersen case
New York: Spurred by a judges demand that they try harder, jurors deciding Arthur Andersens obstruction of justice case made requests for more information as they tried to break a deadlock on the eighth day of deliberations.
Back to News Review index page  
GM in talks for Fiat auto finance unit
New York: US auto giant General Motors is in talks to buy part of Fiats auto financing unit Fidis in what could be a step closer to a full takeover of the Italian automaker.
Back to News Review index page  
HSBC to hire up to 150 staff in Asia
Hong Kong: HSBC said on Friday its investment banking arm would hire 100 to 150 staff in Asia in the next five years, adding more muscle to the business which already provides nearly half of the global banking giant's pre-tax profits.
Back to News Review index page  
P&G to outsource work via mega-deal
New York: Consumer products maker Procter & Gamble plans to farm out about 80 per cent of its back-office work in a multi-billion dollars contract that could be a landmark piece of business for the outsourcing industry.
Back to News Review index page