Mission Iraq: US cos asked to bid for post-war clean-up deal
Washington: The Bush administration has asked at least five US engineering firms, including a unit of Halliburton, to bid for a post-war Iraq rebuilding contract which may be worth as much as $900m, The Wall Street Journal reported on Monday.
Back to News Review index page  

Workers at Daimler unit end strike
Ottawa: Canadian auto workers at Sterling Truck (Freightliner), a division of DaimlerChrysler, on Sunday ratified by 91 per cent a tentative agreement reached on Friday between the Canadian Auto Workers union and the company, ending a two-week strike.
Back to News Review index page  

Microsoft unveils Office '03 system
Seatle: Microsoft unveiled an early version of its Office '03 suite of applications on Monday, which the software giant hopes will boost sales after it ships to customers this summer.
Back to News Review index page  

France's Thales may cut 10,000 jobs: report
Paris: French defence electronics firm Thales SA could shrink its workforce by 10,000 people, as it cuts costs under a heavy debt burden, France's Le Parisien newspaper said on Monday, citing upper management at the firm.
Back to News Review index page  

BIS paints gloomy picture of global economy
Washington: The Bank for International Settlements on Sunday painted a bleak picture of the global economy as markets, and equities in particular, struggled to come to terms with the looming threat of war in Iraq.
Back to News Review index page  

Saudi seeks Opec war plan to stop oil shock
Vienna: Opec meets this week seeking a compromise that guarantees world oil supplies in the event of war, without appearing to underwrite military action against Iraq.
Back to News Review index page