The US budget deficit for the most recent financial year has hit a new record, according to official figures. The Treasury Department on Monday said the budget gap - the amount by which spending...
Electrolux AB, the world's largest maker of appliances, said profit fell for a fifth straight quarter as demand declined for vacuum cleaners and equipment for restaurants. The Swedish company may...
21/10/2003
Security guards can find work. Janitors, too. People who manufacture computers are out on the street, but those who program them are doing better. Would-be lumber salesmen need not apply -- but...
20/10/2003
nings from 3M, Citigroup could help determine if bulls get back on track. Earnings reports from Dow components Citigroup and 3M will get Wall Street's week started Monday, after a week in which the...
20/10/2003
AMERICAN interest rates are set to rise over the next few months, one of President Bush’s most senior officials told The Times this weekend. However, far from being a dampener on the economy, John...
20/10/2003
Merrill Lynch & Co. has emerged as the strongest competitor to Goldman Sachs Group Inc. and Citigroup Inc. in the contest for investment-banking fees. Merrill, the world's biggest securities...
20/10/2003
Government report on building starts, Michigan consumer sentiment to close out week. Readings of the economy's housing and consumer sectors could impact U.S. stock markets, along with investor...
17/10/2003
Exchange to Fine Firms Responsible The New York Stock Exchange said yesterday it has found evidence that the five largest of seven "specialist" firms that control trading on the exchange regularly...
17/10/2003
Universal Music, the world's largest music group, announced 1,350 job losses yesterday as the industry continues to struggle with the consequences of rampant piracy. Universal said it would reduce...
17/10/2003
U.S. auto giant Ford Motor Co said on Friday it would boost investment by more than $1 billion in China over the next few years to expand output seven-fold in the world's fastest-growing major car...
17/10/2003