With Wagon, Chrysler goes back to future
Detroit: After four tumultuous years of existence, DaimlerChrysler AG on Thursday will unveil its most important effort yet at cross-cultural carmaking by using German engineering to try to revive an American auto ideal -- the rear-wheel-drive family car.

The Dodge Magnum, a wagon concept to be unveiled during previews for the Los Angeles Auto Show, will go into production in 2004 with a number of Mercedes parts. It's the largest new vehicle programme developed to date during Chrysler CEO Dieter Zetsche's term.
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IBM contributes $3.95 bn to pension
New York: International Business Machines Corp. said on Tuesday that it had contributed $3.95 billion in cash and stock to its U.S. pension plan, which declined in value after the stock market bubble popped in 2001.
IBM said that it contributed $2.09 billion in cash, or 52.9 per cent of the total amount. It also contributed 24.03 million shares, worth $1.86 billion.
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Asia Pacific IT, telecom markets to grow 11% in '03: IDC
Singapore: The Asia-Pacific information technology (IT) and telecommunications markets are projected to expand 11 per cent this year, with Indian companies emerging as key players, an industry report said.
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Boeing, Hughes helped China illegally: US
Washington: The State Department said on Wednesday it had charged Hughes Electronics Corp. and Boeing Co.'s Satellite Systems unit with illegally sharing sensitive space technology with China in the 1990s that may have helped Beijing fine-tune its missiles.
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