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Ryanair may face Belgian courts
Publish Date : 9/15/2004 1:23:00 PM   Source : Business News Onlypunjab.com
Budget airline Ryanair is obliged to be taken to court under EU law if it fails to pay back illegal state aid for flying to Belgium's Charleroi airport.

German MS counterfeiters sent to jail
Publish Date : 9/14/2004 4:20:00 PM   Source : Business News Onlypunjab.com
A German software pirate has been handed a three-year jail sentence for copyright infringement and selling counterfeit MS software after a trial lasting 18 weeks.

UK IT heads have the outsourcing blues
Publish Date : 9/14/2004 4:15:00 PM   Source : Business News Onlypunjab.com
A survey of British chief information officers reveals that 40 per cent are dissatisfied with their outsourcing projects and 11 per cent were "completely disillusioned" with their projects.

Oracle sees profits surge 16%
Publish Date : 9/14/2004 2:34:00 PM   Source : Business News Onlypunjab.com
Oracle, the world's second largest software producer, has seen first quarter profits surge 16% on the back of strong sales of database products.

Mugabe to seek mining shares
Publish Date : 9/14/2004 2:31:00 PM   Source : Business News Onlypunjab.com
The Zimbabwean state could take 50% stakes in mining firms, President Robert Mugabe has reportedly said.

Putin backs Gazprom shares deal
Publish Date : 9/14/2004 2:23:00 PM   Source : Business News Onlypunjab.com
Russian president Vladimir Putin has backed a shake-up at energy giant Gazprom which would end a bar on the foreign ownership of the firm's shares.

Poor weather hits US shoppers
Publish Date : 9/14/2004 2:23:00 PM   Source : Business News Onlypunjab.com
US retail sales fell in August as rising energy prices and poor weather kept more shoppers at home.

Botswana miners settle wage row
Publish Date : 9/14/2004 2:13:00 PM   Source : Business News Onlypunjab.com
Botswana diamond miner Debswana has settled wage talks in the wake of an illegal strike that disrupted some of the world's biggest gem mines.

Volvo in worldwide vehicle recall
Publish Date : 9/14/2004 2:11:00 PM   Source : Business News Onlypunjab.com
Volvo is recalling 460,000 cars worldwide because a wiring problem could cause a fan to overheat and burn.

Cheaper clothes cut UK inflation
Publish Date : 9/14/2004 2:06:00 PM   Source : Business News Onlypunjab.com
Cheaper clothes prices helped to lower the UK inflation rate in August, with the consumer prices index (CPI) down to 1.3% from 1.4% in July.

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