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Fri, 29 Aug 2008 07:53 PM
-- euro 50 per tonne in all Euro markets
-- US$150 per tonne in the Middle East, Africa and Eastern Europe
-- Other increases may be announced locally within each region
Fri, 29 Aug 2008 07:53 PM
-- euro 50 per tonne in all Euro markets
-- US$150 per tonne in the Middle East, Africa and Eastern Europe
-- Other increases may be announced locally within each region
Fri, 29 Aug 2008 07:36 PM
Alitalia said Friday that it has asked to be declared bankrupt and placed under special administration, the first step in a rescue plan that will see the struggling Italian flag carrier relaunched.
Fri, 29 Aug 2008 06:21 PM
Austrian Airlines (AUA) Friday dismissed suggestions that it favoured Germany's Lufthansa as its potential buyer, insisting it is "neutral" with regard to its various suitors.
Fri, 29 Aug 2008 01:36 PM
Dubai Media Incorporated (DMI) is to launch a special channel to broadcast live coverage of a Holy Quran memorising event taking place during Ramadan.The government-owned company, which runs Dubai TV, Sama Dubai, Dubai One and Dubai Sports Channel, will be setting up a new channel for the 12th edition of the competitio...
Fri, 29 Aug 2008 01:36 PM
Hollywood movie maker Spike Lee is looking towards Dubai and the Gulf region to possibly help fund future films. The maverick producer-director says with the US suffering from the credit crunch, people are being forced to look elsewhere for funding and Dubai is one of the places he wants to target.<br /><a target=_blan...
Fri, 29 Aug 2008 12:06 PM
The dollar dropped against the euro and the yen on Friday, as dealers tracked rising oil prices and fresh evidence of inflationary pressures in the eurozone and Japan.
Fri, 29 Aug 2008 12:06 PM
Europe's main stock markets advanced on Friday after share prices had risen sharply in Tokyo on the back of a strong performance by Wall Street overnight.
Fri, 29 Aug 2008 10:51 AM
The board of German insurer Allianz will probably recommend its Dresdner Bank unit be sold to Commerzbank, press reports said on Friday.
Fri, 29 Aug 2008 08:06 AM
China National Offshore Oil Corp. (CNOOC), the nation's third largest oil producer, will spend 6.6 billion dollars to nearly double the capacity of a major refinery project, state media said Friday.