Indictment seals Andersens fall from grace
New York: In the mellow, nondescript world of ledgers and number crunching, Arthur Andersen stood out. Its accountants were brash, wore their pride on their sleeves and were not afraid to live up to their motto of Think straight, talk straight.
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India-Iran-Russia corridor shapes up
Moscow: The proposed International Transport Corridor between India, Iran and Russia may soon be a reality, leading to a windfall for Indian ports.
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Greens force $390k fine on refinery
Berlin: Equipment problems at a disposal plant have prompted a refinery to incinerate waste just over he Delaware border three times this year, outraging environmentalists and prompting regulators to impose a $390,000 fine.
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$22-b World Bank loans freed as G7 settles row
New York: Finance ministers from the world's richest nations yesterday settled their differences in a row that will free up $22 billion in World Bank grants and loans for developing countries over the next three years.
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US economy sound despite clouds
New York: Corporate scandals and fear of more terror attacks have shaken investors, but a US recovery is on steady ground and should not be a worry for Amer-ica's trade partners, treasury secretary Paul O'Neill said.
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Asian FMs to talk on investments at Thai resort
Hong Kong: Foreign ministers from 11 Asian nations gather at a Thai beach resort on Tuesday for a meeting that host Thailand has hailed as an unprecedented pan-Asian forum but which critics have branded a toothless talking shop.
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24 killed in Chinese cyber cafe fire
Beijing: Chinese officials on Sunday ordered a temporary closure of all Internet cafes in the Chinese capital, after a massive fire in an illegal cyber cafe killed 24 students and injured 13.
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Italenergia-Fiat deal worries lawmakers
Rome: Two top politicians on Sunday warned that a shareholder shake-up at power holding company Italenergia could hurt Italys national interests, give France a hold in the market and increase chances that Fiat might sell its car unit.
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London to lose 21,000 jobs by 2003: Study
London: The City of London financial district could lose nearly 21,000 jobs by 2003 as a result of the financial market downturn, according to a study to be published on Monday.
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