BASF Q2 operating profit up 10%
BASF AG repeated its '02 earnings targets on Thursday after rejuvenating demand helped Europes largest chemicals firm post a stronger-than-expected 10% rise in Q2 operating profit.
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Carlsberg op profit rises 34% in H1
Danish brewer Carlsberg posted an in-line 34% rise in first-half operating profit on Thursday and maintained its full-year financial forecast. Operating profit rose to 1.8bn crowns ($236m) in the January-June period, spot on with an average forecast. 
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Dead wife of Rabin loses frequent-flyer status
El Al Israel Airlines has apologised to the family of Leah Rabin, the late wife of slain former Prime Minister Yitzhak Rabin, after sending a letter amending her frequent flier status nine months after she died. 
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Jurys out on this: Former CEO of ImClone defrauded BankAm
ImClone Systems former chief executive Samuel Waksal, already charged with insider trading, was indicted for obstruction of justice and bank fraud in a case that has rocked investor confidence.
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Buffet's take on pension plan: Don't get carried away
Billionaire investor Warren Buffett thinks corporate managements got swept up in the exuberant, late 90s bull market, leading them to forecast gains on pension plans that were too high.
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Australia, Indonesia win major gas supply contracts
Melbourne: Australia and Indonesia on Thursday won two major bids to supply gas to China for which the top leaders of the two countries had personally lobbied with their Chinese counterparts.
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Asia-Pacific consumer confidence down: survey
Hong Kong: Consumer confidence has weakened in the Asia-Pacific in the last six months and Hong Kong people worry about job security more than any other issue, according to a new survey by market researcher AC Nielsen.
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US judge lets Indian worker seek damages from boss
Washington: A US federal judge has ruled that an undocumented worker from India who sued his boss for unpaid wages can seek damages from the employer, who allegedly reported him to immigration officials.
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IMF announces additional loans to Brazil
Washington: In an attempt to bail-out Brazil of its biggest financial crisis, the International Monetary Fund has announced an additional relief package of $30 billion as part of a 15-month standby arrangement.
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Shady company practices let US down: Bush
Washington: US President George W Bush said companies with "shady" practices had let down the people of Mississippi and the nation as he campaigned on Wednesday for a Republican congressman near bankrupt WorldCom's hometown. 
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