CEOs see sluggish US growth this year
New York: Chief executives at top US companies see America's economy growing in 2003 at the same anaemic pace as last year, with business activity possibly picking up if global tensions and Iraq war fears ease.
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UK restaurateur eyes Six Continents
London: Entrepreneur Hugh Osmond said on Wednesday that he may launch a take-over offer for Six Continents, the British hotel and pub operator that plans to split itself in two.
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Exchange rate fluctuations pull down Volkswagen net
London: Europe's largest carmaker Volkswagen, said on Wednesday its pre-tax profit slipped 9.6 per cent in ’02 to 3.9bn euros ($4.3bn), meeting the company’s target of around 4bn euros.
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US airlines fail to hike rates even as fuel prices soar
Chicago: Major US airlines, having failed last week to push through an air fare increase to cover a steep rise in fuel costs, sought to raise fares or add a fuel surcharge on a much smaller scale.
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