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Strike
on Iraq would redraw regional economic map
Success for Washington's stated goal of "regime change"
in Iraq would redraw the economic map of west Asia as
well as its political map.
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Bush
set to sign trade bill on Tuesday
Washington: US President George W Bush will sign
a bill on Tuesday restoring the White House's authority
to negotiate trade agreements that Congress cannot amend,
an administration official said on Friday.
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Alvis
buys Vickers unit from Rolls Royce
London: Britain's Alvis said on Friday it was buying
Rolls-Royce's Vickers Defence business, maker of the Challenger
tank, for 16.2 million ($25.2 million) to give it more
clout in Europe's armoured vehicle market.
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BoJ
to issue new notes to tackle counterfeiting
Tokyo: Japanese money is getting a facelift. Beginning
in April 2004, the Bank of Japan will issue new 1,000
yen, 5,000 yen and 10,000 yen notes in an effort to tackle
counterfeiting, bank officials announced.
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Corporate
crooks accused of fraud will be jailed
New York: Attorney General John Ashcroft vowed
that corporate executives who commit large-scale fraud
"will meet the judgment they fear and the punishment they
deserve."
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Exxon,
Shell profits slip on weak fuel prices
Exxon Mobil and Royal Dutch/Shell, two of the world's
top oil companies, on Thursday reported sharply lower
quarterly earnings, stung by the depressed business of
producing gasoline, heating oil and other fuels.
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Enron
puts headquarters building on block
Washington: For sale: One barely used, gleaming
silver office tower with state-of-the-art trading floors.
Dashed ambitions and shady corporate history not included.
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Japan
consumer finance firms hit by slack demand
Tokyo: Slack consumption and a rising jobless rate
are hindering growth of Japanese consumer financing firms,
which have until now easily weathered a decade-long economic
slump.
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