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Canada announces $1.2B in lumber aid
Nov 24 2005 10:42PM (CT)
TORONTO (AP) - Canada announced $1.2 billion in aid for its softwood lumber industry on Thursday, a move the United States called disappointing.
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Disney cites 1 million Hong Kong visitors
Nov 24 2005 6:06PM (CT)
HONG KONG (AP) - The Walt Disney Co. says "well over" 1 million people have visited Hong Kong Disneyland, relenting in releasing visitor figures amid speculation of disappointing attendance and criticism that the park wasn't adequately transparent about its operations.
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EU strikes landmark sugar reform deal
Nov 24 2005 5:43PM (CT)
BRUSSELS, Belgium (AP) - The European Union agreed on a major overhaul of its sugar subsidy program Thursday, cutting prices by 36 percent in a landmark deal that the EU said will strengthen its hand in upcoming world trade talks.
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Starwood acquires Le Meridien portfolio
Nov 24 2005 5:03PM (CT)
GREENWICH, Conn. (AP) - An affiliate of Starwood Capital Group Global LLC has completed its acquisition of Le Meridien Hotels and Resorts' portfolio of owned and leased hotels, including properties in Europe, North America, South America and Africa.
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Stores court shoppers on Thanksgiving Day
Nov 24 2005 4:34PM (CT)
NEW YORK (AP) - Forget the bird _ shopping was on the minds of many Thursday as people sought an early start to the frenetic season of gift buying.
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New England natural gas shortage predicted
Nov 24 2005 4:31PM (CT)
PROVIDENCE, R.I. (AP) - In just a few short years, New England may run short of natural gas. Energy analysts predict that by 2010, and perhaps sooner, there won't be enough supply to fulfill the region's energy needs. But plans to build liquefied natural gas terminals in New England face stiff opposition.
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European markets down in trading
Nov 24 2005 4:07PM (CT)
FRANKFURT, Germany (AP) - Stock markets fell across Europe Thursday as business confidence in Germany _ Europe's largest economy _ fell for the first time since the autumn.
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U.K. fraud office is reviewing Compass
Nov 24 2005 2:31PM (CT)
LONDON (AP) - Britain's Serious Fraud Office is reviewing the activities of Compass Group PLC, the world's largest catering company, amid allegations in the United States of corruption in some of the company's contracts with the United Nations.
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Swiss move to privatize Swisscom
Nov 24 2005 2:27PM (CT)
BERN, Switzerland (AP) - The Swiss government said Thursday it has taken the first step to fully privatize national telephone carrier Swisscom AG, but said the legal process may last two to three years.
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Nintendo reports profit drops 21 pct.
Nov 24 2005 2:25PM (CT)
TOKYO (AP) - Profit at Nintendo Co., which makes Super Mario video games and GameBoy Advance handheld machines, slipped 21 percent in the company's fiscal first half because of slumping sales of consoles and game software.
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Nokia to expand mobile networks in India
Nov 24 2005 1:57PM (CT)
HELSINKI, Finland (AP) - Nokia Corp. will expand mobile networks for BSNL in northern India, in a deal valued at $140 million, the world's largest mobile phone maker said Thursday.
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Fortis' profit jumps 94 percent in 3Q
Nov 24 2005 1:42PM (CT)
AMSTERDAM, Netherlands (AP) - In a Nov. 23 story on Fortis NV's third quarter results, The Associated Press erroneously quoted the Dutch-Belgian bank and insurer as saying it will review 3,000 managers and expected to fire or replace 2,000 of them.
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Correction: Earns-Fortis story
Nov 24 2005 1:39PM (CT)
AMSTERDAM, Netherlands (AP) - In a Nov. 23 story on Fortis NV's third quarter results, The Associated Press erroneously quoted the Dutch-Belgian bank and insurer as saying it will review 3,000 managers and expected to fire or replace 2,000 of them.
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Southwest to lease more gates in Philly
Nov 24 2005 12:43PM (CT)
PHILADELPHIA (AP) - Southwest Airlines Co. plans to increase the number of gates it leases at Philadelphia International Airport next year, allowing the low-cost carrier to significantly boost its daily flight schedule.
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BNP Paribas quarterly net up 14 percent
Nov 24 2005 12:42PM (CT)
PARIS (AP) - BNP Paribas SA, France's biggest bank by market capitalization, said Thursday that a strong performance in corporate investment and international retail banking powered a 14 percent increase in third-quarter earnings.
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German business confidence falls in Nov.
Nov 24 2005 12:41PM (CT)
FRANKFURT, Germany (AP) - German business confidence fell in November, a closely watched survey showed Thursday, with the country's retailing sector leading the decline, though signs of a moderate economic recovery continued.
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Moscow police launch counterfeit clampdown
Nov 24 2005 11:09AM (CT)
MOSCOW (AP) - Police have launched citywide sting operations aimed at shutting down producers and sellers of counterfeit music, movies and software, in the latest clampdown on rampant piracy that threatens Russia's bid to join the World Trade Organization.
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Euro slips against dollar in Europe
Nov 24 2005 11:05AM (CT)
FRANKFURT, Germany (AP) - The euro slipped further Thursday against the dollar as speculation continued about American and European interest rates and German business confidence dipped.
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Stock prices fall in London
Nov 24 2005 7:57AM (CT)
LONDON (AP) - Share prices on the London Stock Exchange were lower at midday Thursday.
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Mitsubishi UFJ reports strong earnings
Nov 24 2005 5:56AM (CT)
TOKYO (AP) - Mitsubishi UFJ Financial Group Inc., the world's largest banking group by assets, said Thursday it posted strong earnings results for the half-year through September due to lower bad-loan write-off costs.
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Report: China to revise patent laws
Nov 24 2005 4:28AM (CT)
SHANGHAI, China (AP) - China plans to adjust its patent law to better meet its WTO obligations, boost innovation and safeguard economic security, state media reported Thursday.
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Cranberry supply may be gone by Christmas
Nov 24 2005 4:12AM (CT)
WAUSAU, Wis. (AP) - Fresh cranberries were easy to find to complement a Thanksgiving Day feast, but they may not be as plentiful for the Christmas holiday, growers say.
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Tokyo market rallies for sixth day
Nov 24 2005 4:04AM (CT)
TOKYO (AP) - Japan's benchmark index rose for a sixth straight session Thursday, with exporter and technology stocks leading gains amid optimism about the nation's economic recovery. The dollar was steady against the yen.
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Ford Motor Co. remodels Explorer in Japan
Nov 24 2005 3:59AM (CT)
TOKYO (AP) - Ford's new Explorer has the steering wheel on the "wrong" side in Japan _ on purpose. The U.S. carmaker hopes the change will the cache of the sport utility vehicle.
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Calif. ring allegedly staged auto crashes
Nov 24 2005 1:11AM (CT)
LOS ANGELES (AP) - A lawyer and 22 others were arrested for allegedly staging more than 60 auto collisions on Southern California freeways that bilked about $3 million from insurers, officials said Wednesday.
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Vulcan Materials turns stone to profit
Nov 24 2005 1:06AM (CT)
NEW YORK (AP) - While oil and gold prices have dominated market talk, a less flashy commodity has also rewarded investors this year: stone.
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Nippon Oil, Teikoku Oil shares rise
Nov 24 2005 12:40AM (CT)
TOKYO (AP) - Nippon Oil's decision to boost its stake in Teikoku Oil sent share prices in both Japanese companies higher Thursday, as investors were cheered by prospects that the collaboration will make oil companies less vulnerable to gyrating crude prices.
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