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01
 TOP BUSINESS NEWS
Toyota on course to overtake GM
  By AFP
Agencies

Analysts doubt whether the Detroit giant can significantly boost production in the midst of a painful restructuring drive
NAGOYA (Japan) Japan’s Toyota Motor Corp. is on course to be the world’s top automaker in 2007, overtaking ailing General Motors, according to t...
 MORE NEWS
US stocks dip on growth concerns
The S&P 500 index and the Nasdaq had their biggest weekly drops since July.NEW YORK US stocks dropped late yesterday as concerns about slowing economic growth persisted, causing investors to sell s...
Hyundai to invest $ 1.6 bn in UAE
South Korean firm and Abu Dhabi company to build three oil platforms and pipelines.SEOUL South Korea’s Hyundai Heavy Industries said today it has signed a $ 1.6 billion deal to build offshore oil p...
Vodafone eyes Hutchison Essar
UK firm offers
$ 13.5 bn; Reliance Communications is likely to make a counter-offer.LONDON/MUMBAI The board of Britain’s Vodafone Group Plc. is set to meet today to consider a proposed $ 13....
Arcelor Mittal to buy Mexican firm
The deal is worth $ 1.44 bn; plans joint venture with Sicartsa parent company, Grupo Villacero.PARIS Arcelor Mittal, the world’s leading steel maker, said today it would acquire Mexican producer Si...
 SOME MORE NEWS
UAE gold sales up 41 pc to Dh 2 bn - Retail investment in gold coins and bars up 5 ...
PepsiCo to up India investments - Company has already invested
$ 700 mn in ...

Dh 20 bn health facility launched - New healthcare unit will have the largest netwo...
Jap, S. Korea in trade talks - Both countries disagree over how much to lower trade...
Lubna calls for pvt sector cooperation - Seeks Saudi investments in industry, touri...
Japan to invest billions in India - Nomura Securities will put $ 10 bn in India i...
Europeans cash in on weak dollar - European single currency euro
has gained...

Bank of China acquires SALE - Pays $ 965 mn
in cash to wholly take over As...

US, China sign major trade deals - Under the deal, Westinghouse will build four ci...
US and China wrap up talks - Pledge to explore ways to boost investment and
...

India, Japan to bolster trade ties - Mitsui plans
to build a large distribu...

Nestle buys Novartis food unit for $ 2.5 bn - The deal will propel Nestle to the n...
Volatility goes on in Indian markets - Bombay Stock Exchange today recorded a loss
Qantas rejects buyout offer - ‘The terms of the
Macquarie, Texas Pacific of...

UAE inflation to dip to 5 pc in 2007 - ‘Govt steps that cool the economy will reduc...
‘Asian SEs to face volatility’ - Earnings growth will feel the pinch from rising ...
UAE-German JV wins Dh 671 mn contract - 10-lane Saadiyat Bridge highway constructio...
ESPN-Star bags cricket media rights - The $ 1.1 bn deal for 2007-2015 covers 18 ICC...
UAE, India to set up trade body - Consultative body will work together on a continu...
China’s exports to UAE up to $ 7.6 bn - Mineral products, valued at $ 1.9 bn, cons...
Abu Dhabi to capitalise on tourism - Abu Dhabi Tourism Authority plans to attract u...
Dubai’s non-oil trade touches - diamonds, precious stones, semi-precious stones and...
DP World backs US security plan - The move is aimed at scanning 7 pc
of all...

Indian realty show ends on a high note - Residential units draw maximum enquiries f...
UAE, expats’ most preferred country - Average rentals up 83 pc in Doha, 60 pc in ...
 



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