Terror
trail: US plans tighter customs norms
New York: Terrorists, sea pirates or stowaways
inside a container or aboard a ship may not be able to
wreak havoc in the US, but the stringent customs stipulations
aimed at containing terrorism are bound to affect the
US and other economies, say industry sources.
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Jobless
claims rise in latest week
Chicago: Total new claims for US jobless benefits
rose by 5,000 in the latest week, the government said
on Thursday, while a more accurate barometer of labor
trends hit its highest level in nearly five months.
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Liberalisation
of trade in services boosts growth: Mamdouh
Geneva: Liberalisation of trade in services would
help achieve economic growth and development in the developing
countries, A Hamid Mamdouh, director, Trade in Services
division of WTO, said on Thursday.
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Oil
prices fall as traders await hurricane impact
Brussels: World oil prices have fallen with traders
awaiting the impact of Hurricane Lili as it began to tear
into Gulf of Mexico oil and gas operations.
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US
CEOs expect slower economic growth ahead
West Virginia: Top US executives expect slower
economic growth in the months and year ahead and, while
not expecting a new recession, think capital spending
will at best stabilize or perhaps fall further, according
to a survey out on Wednesday.
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Japan
explores The Other Side of Broadband
Tokyo: It was a good way to escape the gloom outside.
With companies revising their sales and profit figures
downwards and the Nikkei and the yen reflecting the gloomy
business sentiment, it isnt a cheerful time in Tokyo.
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Are
dumb blondes set for extinction?
New York: In the end, it seems it was just another
dumb blond joke. The World Health Organization, the Geneva-based
health arm of the United Nations, insisted on Tuesday
that despite the many media reports to the contrary, it
had never conducted a study predicting the extinction
of the natural blond hair gene.
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After
Life: Elvis continues to rock
Twenty-five years after his death, Elvis Presley, the
King of Rock 'n Roll, is about to do something he never
managed in life debut an album at No 1 on record charts
around the world.
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Andersen
holds rummage sale at Chicago HQ
Chicago: Many a high powered lunch meeting likely
took place at the 8-foot racetrack mahogany table sitting
in the Northeast corner of Arthur Andersen's tony headquarters
here.
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EDS
object of SEC probe
Seatle: The computer services group Electronic
Data Systems (EDS) said it was the object of an "informal"
investigation by the Securities and Exchange Commission
(SEC) into its stock dealings.
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Flopped
bank sale hold bad Omen for Thai privatisations
Bangkok: A flopped share sale by a state-controlled
bank is casting a pall over Thailands privatisation programme,
and could force the government to delay planned share
issues, analysts say.
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Indonesias
IBRA plans to sell $7 billion in loans
Jakarta: Indonesias Bank Restructuring Agency
said it plans to sell around 60-70 trillion rupiah ($6.7
billion) in non-performing loans to raise cash for the
state starting this Saturday.
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