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{ Tag Archives } afp

Oil prices drop, weighed down by energy supplies (AFP)

AFP – World oil prices fell on Tuesday as the market reacted to the end of the peak demand season coming at a time when supplies are high, analysts said.

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Kia Motors boss resigns over mass recall (AFP)

AFP – The head of South Korea’s second-largest automaker Kia Motors has resigned to take responsibility for mass vehicle recalls caused by defective electrical wiring, the company said Tuesday.

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WTO to issue Boeing subsidies verdict Sept. 15: source (AFP)

AFP – The World Trade Organization will issue its long-awaited opinion on Europe’s challenge to American subsidies to US aerospace giant Boeing next week, a source close to the matter said Monday.

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Suzuki to build new auto plant in India (AFP)

AFP – Japan’s top minicar maker Suzuki Motor Corp. is to build a new auto assembly plant near the Indian capital New Delhi in a bid to meet growing demand in the country, a newspaper reported on Sunday.

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Spending cuts before 2011 could hurt recovery: IMF, ILO (AFP)

AFP – The IMF and the UN labour agency are urging advanced economies not to cut government spending before 2011, warning that a move to tighten fiscal policies could hurt the global recovery.

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S.Korea’s Kia to recall 35,000 cars in US (AFP)

AFP – South Korea’s second largest carmaker Kia Motors said Friday it is recalling about 35,000 vehicles sold in the United States due to faulty wiring in interior lights that could cause fires.

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Cairn Greenland ops resume after Greenpeace protest (AFP)

AFP – Scottish oil exploration group Cairn Energy said Thursday it had resumed operations on a rig off the coast of Greenland after Greenpeace ended a protest.

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German official unemployment rate stable at 7.6% (AFP)

AFP – The German unemployment rate was stable in August at 7.6 percent of the workforce, official figures showed on Tuesday as the number of people seeking work edged slightly lower to 3.188 million people.

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UC Rusal books first-half profit (AFP)

AFP – UC Rusal, the world’s biggest aluminium producer, said Tuesday that it swung back to profit in the first half of 2010 as a recovery in the global economy boosted demand for base metals.

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Oil falls below $74 as global stock markets slump (AP)

AP – Oil prices fell below $74 a barrel Tuesday in Asia, extending losses from the previous session as global stock markets slump after a disappointing U.S.

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