India-EU trade expected to reach $572 bln by 2015
India's trade with the European Union has the potential to reach 572 billion U.S. dollars by 2015 once the free trade agreement (FTA) with the 27-nation bloc is implemented, according to the Federation of Indian Chambers of Commerce and In ... english.people.com.cn |
Nortel to Cut 2,100 More Jobs
Nortel Networks said it will cut 2,100 more jobs, or 6% of its work force, and relocate 1,000 positions as it continues to cut costs amid slack demand for telecom gear. The company posted an $844 million quarterly loss. online.wsj.com |
Paris court delays decision on jailed SocGen trader
PARIS (Reuters) - Jerome Kerviel, the trader accused of causing record losses at French bank Societe Generale, faced another weekend in prison after a Paris court delayed a ruling on Friday on whether he should be released. feeds.reuters.com |
Argo to buy Heritage for around 136 mln stg
LONDON (Reuters) - Bermuda-based insurer Argo GroupInternational Holdings Ltd said on Wednesday it hadmade a 136 million pound ($269.7 million) recommended cashoffer to buy Heritage Underwriting Agency plc . feeds.reuters.com |
S Korea's trade balances with major trade partners worsen in Q1
South Korea's trade balances with China, the United States and Japan worsened in the first three months of this year due to a slowing U.S. economy and Seoul's high dependency on Japanese parts, a report by the Korea Customs Service said on ... english.people.com.cn |