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WASHINGTON (Reuters) - U.S. exports have been helped by a weaker dollar and this is providing a boost to an otherwise weak economy, Federal Reserve Bank of Atlanta President Dennis Lockhart said on Saturday. "The U.S. dollar has depreciated against the euro and on a trade-weighted basis. The...
Manila: The Philippines will hold a tender for private importers for 341,440 tonnes of rice, possibly on June 5, the state's National Food Authority (NFA) said on Friday. NFA spokesman Tomas Escarez said the volume being sought included 141,440 tonnes that was not taken by the private sector at a...
Speaking to a crowd of farmers in a barn, Barack Obama cited the Japanese not selling American beef as an example of how current trade policies have hurt rural communities.“You can’t get American beef into Japan…even though we have the highest safety standards. They don’t want the competition,”...
Via Acquire Media NewsEdge) MONTREAL _ Hydro-Quebec's first-quarter net income rose 1.3 per cent to $1.45 billion on $3.77 billion in revenue thanks in part to higher sales of electricity outside the province. The result compared with a profit of $1.43 billion on $3.73 billion in revenue a year...
New Delhi: India's winter harvest of rice could shrink 5 per cent this year if some farmers switch to oilseeds on fears that export curbs could lead to lower prices, a leading trader said. While the winter crop makes up only around an eighth of India's rice output, any sign of falling production...
Dubai: It will take at least seven more months before Dubai Textile City, which is already more than three years behind schedule, becomes fully functioning, the industry group involved in the project said. The Dh300-million commercial zone is being developed 22 km from the textile trade's...
The Finnish Ambassador to the UAE announced that Finnish exports to the UAE stood at $1.3 billion in the previous year, Gulf News reported. He added that 40 Finnish industrial and contracting companies currently operate in the UAE with huge capitals and the new projects in Abu Dhabi avails great...
New Delhi News.Net Saturday 17th May, 2008 (IANS) The Indian equities market shrugged off high inflation and rising crude oil prices and surged ahead this week. The Bombay Stock Exchange (BSE) sensitive index (Sensex) rose 697.87 points or 4.17 percent to 17,434.94 in the week. The S&P CNX Nifty...
With the launch of the Indian Premier League (IPL), sports as business has arrived in India, like in the United States and Europe. According to estimates, trade in sports-related activities is five percent or more of world trade. In India it is cricket for now that is flush with entrepreneurial...
INTERIORS Malaysia 2008, a four-day trade fair, will be held at the Putra World Trade Centre, Kuala Lumpur, from May 29 to June 1. The second edition of Interiors Malaysia is presented by the International Federation of Interior Architects/Designers (IFI). Trend-setting event: Malaysian Society...
