|
OECD
sets alarm bells ringing on world economy
London: Economists monitoring the world economy's
fragile health found new grounds for concern on Friday
when the rich country club, the OECD, issued a warning
on growth and Germany's largest bank spoke of a "mini-recession".
Back
to News Review index page
Nokia
colour-screen phones slightly delayed
Helsinki: Nokia, the world's largest mobile phone
maker, said on Thursday shipments of two colour-screen
models aimed at the picture messaging market have been
slightly delayed but will be in shops in Europe this month.
Back
to News Review index page
Cisco's
Chambers paid $1 salary, no bonus for 2002
Washington: Cisco Systems Chief Executive John
Chambers was paid a salary of $1 for fiscal 2002, according
to a regulatory filing made on Thursday by the No. 1 maker
of equipment that directs Internet traffic.
Back
to News Review index page
Millions
of computers infected by Bugbear
Millions of computers worldwide have been infected this
week by a fast-replicating virus called Bugbear and security
experts warned yesterday that the threat was still accelerating.
Back
to News Review index page
H-P's
Fiorina sees muted economic recovery in 2003
White Sulphur Spring: A recovery for the US economy will
likely be muted and more likely to take hold in 2003 than
this year, Hewlett-Packard chief Carly Fiorina said on
Thursday.
Back
to News Review index page
Terror
trail: US plans tighter customs norms
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.
Back
to News Review index page
Jobless
claims rise in latest week
California: 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.
Back
to News Review index page
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.
Back
to News Review index page
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.
Back
to News Review index page
US
CEOs expect slower economic growth ahead
New York: 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.
Back
to News Review index page
|
