New Eutelsat satellite to focus on India
New Delhi: Eutelsat, world's fourth largest satellite service provider, has launched W5 satellite to be positioned to at 70.5 degrees east thus focussing on Asia including India.
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World economy is fragile, says OECD
Yew York: Stock market hemorrhages and poor business confidence could delay recovery in the global economy until well into '03, and the impact of any war in Iraq creates uncertainty that is hard to gauge, the OECD said Thursday.
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Developer plans new tower at WTC site
New York: The developer who holds the World Trade Center lease on Wednesday unveiled plans for a new, 52-story skyscraper near where the twin towers once stood, the first office building destroyed in the September 11 attacks to be rebuilt.
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IBM sells $2 bn of global bonds
New York: IBM, the world's largest computer maker, on Wednesday sold $2 billion of global bonds, taking advantage of low interest rates and strong investor demand.
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