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Latest Business News Archives for April 16, 2005

Barnicle ending regular Herald column
Apr 16 2005 9:05PM (CT)
BOSTON (AP) - Mike Barnicle, a former Boston Globe columnist who resigned in 1998 because he was unable to verify facts in a column, said he will stop writing his regular column for the Globe's rival, The Boston Herald.
 
G-7 vows to limit fallout from oil rates
Apr 16 2005 8:47PM (CT)
WASHINGTON (AP) - Amid fresh jitters from Wall Street, finance officials from the world's industrial powers said Saturday surging oil prices could crimp the economy and they pledged to limit the fallout.
 
Annan seeks backing on reform from G-7
Apr 16 2005 8:39PM (CT)
WASHINGTON (AP) - U.N. Secretary-General Koffi Annan told global finance ministers on Saturday that efforts to boost resources for the world's poorest countries will have a better chance of success if they are linked to reforms he is pushing at the United Nations.
 
British order probe into MG Rover
Apr 16 2005 7:17PM (CT)
LONDON (AP) - The British government on Saturday ordered an investigation into the accounts of collapsed carmaker MG Rover, amid claims directors stripped money from the stricken company.
 
16 arrested in India call-center scam
Apr 16 2005 5:59PM (CT)
PUNE, India (AP) - Police have arrested 16 people in western India for allegedly cheating four New York-based Citibank customers out of nearly $350,000, a police officer said Saturday.
 
Investor fears go from rates to profits
Apr 16 2005 5:24PM (CT)
NEW YORK (AP) - In the span of only a few days, Wall Street went from worrying about accelerating inflation and higher interest rates to fretting over deteriorating profits and the specter of a possible economic slowdown.
 
Festive mood outside finance meetings
Apr 16 2005 1:24PM (CT)
WASHINGTON (AP) - Several hundred people pressed their demand Saturday for greater debt relief for poor nations and voiced opposition to the selection of Paul Wolfowitz as head of the World Bank.
 
   

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