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Yahoo nets sharp surge in profits
Publish Date : 10/12/2004 11:30:00 AM   Source : Business News Onlypunjab.com
Internet portal Yahoo has said surging online advertising helped the group more than triple profits in the three months to the end of September.

Intel sees profits rise to $1.9bn
Publish Date : 10/12/2004 11:17:00 AM   Source : Business News Onlypunjab.com
Rising sales pushed Intel profits higher despite the group battling a build up of stock.

Karstadt calls for staff pay cuts
Publish Date : 10/12/2004 11:14:00 AM   Source : Business News Onlypunjab.com
German retailer KarstadtQuelle says it must slash wages for its 100,000 staff if thousands of jobs are to be saved as part of its restructuring.

Caesars plans vast Wembley casino
Publish Date : 10/12/2004 10:58:00 AM   Source : Business News Onlypunjab.com
US casino giant Caesars plans to turn the area around London's new Wembley Stadium into a £335m ($600m), 650,000sq ft gambling and leisure resort.

Electronics Retailer China's Wealthiest
Publish Date : 10/11/2004 2:53:00 PM   Source : Business News Onlypunjab.com
A 35-year-old electronics salesman who made a $1.3 billion fortune in retailing and real estate has been named by a British-based financial magazine as mainland China's wealthiest businessman.

Congress Sends Bush Corporate Tax Bill
Publish Date : 10/11/2004 2:37:00 PM   Source : Business News Onlypunjab.com
The U.S. Senate easily gave final congressional approval on Monday to a huge corporate tax bill that aims to end a trade fight with the European Union by repealing U.S. export tax subsidies that violate global trade rules.

Ivory Coast cocoa strike threat
Publish Date : 10/11/2004 12:09:00 PM   Source : Business News Onlypunjab.com
Unions in Ivory Coast have threatened a general strike in protest at the low level of cocoa prices.

Alitalia secures 400m euro loan
Publish Date : 10/11/2004 12:08:00 PM   Source : Business News Onlypunjab.com
Alitalia has reached agreement with the Italian government on a 400m euro (£275m) loan to aid the restructuring of the struggling airline.

Norway and US share Nobel prize
Publish Date : 10/11/2004 11:54:00 AM   Source : Business News Onlypunjab.com
Finn Kydland and Edward Prescott have won the 2004 Nobel Prize for economics.

Yukos suffers further tax setback
Publish Date : 10/11/2004 11:49:00 AM   Source : Business News Onlypunjab.com
Russian oil and gas company Yukos has suffered another setback in its battle to avoid paying billions of dollars in back taxes and avoid bankruptcy.

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