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Latest Business News Archives for May 13, 2006

Vietnam reportedly in deal to join WTO
May 13 2006 11:10PM (CT)
HANOI, Vietnam (AP) - Vietnam has reached an agreement with the United States that paves the way for the communist country to join the World Trade Organization, state-controlled media reported Sunday.
 
Out of cash, Nepal asks for global aid
May 13 2006 10:52PM (CT)
KATMANDU, Nepal (AP) - Nepal is in a deep financial crisis with the government running out of cash and revenue growth below zero, the finance minister said as he appealed for urgent international help.
 
Chavez plans cheap oil for Europe's poor
May 13 2006 6:01PM (CT)
VIENNA, Austria (AP) - Venezuelan President Hugo Chavez said Saturday that he wants to provide cheap heating oil for low-income Europeans, proposing a plan similar to the one he carried out in parts of the eastern United States.
 
Zimbabwe inflation tops 1,000 percent
May 13 2006 4:04AM (CT)
HARARE, Zimbabwe (AP) - Zimbabwe's annual inflation rate has topped 1,000 percent for the first time, state radio reported Saturday.
 
Kozlowski to settle tax case for $21.2M
May 13 2006 2:24AM (CT)
NEW YORK (AP) - Former Tyco CEO L. Dennis Kozlowski agreed Friday to pay $21.2 million to settle a New York state tax case related to his grand larceny conviction for looting the company.
 
General Motors to end Hummer H1 production
May 13 2006 2:23AM (CT)
DETROIT (AP) - Get ready to say goodbye to the Hummer H1, the hulking, gas-guzzling status symbol that has attracted celebrities and off-road enthusiasts but has drawn the ire of environmentalists.
 
Glitch causes woes at world's biggest bank
May 13 2006 2:22AM (CT)
TOKYO (AP) - A computer system glitch caused ATM troubles at the Bank of Tokyo-Mitsubishi UFJ affecting transactions early Saturday.
 
   

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