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Archive April/2008


Thailand to Release 2.1 Mln T Rice For Domestic Mkt

BANGKOK (Reuters) - Thailand said on Tuesday it will sell some of its government rice stockpiles into the domestic market for the first time in nearly 1- years as the

Blockbuster in Talks For Stake in Viacom-led Channel: Report

NEW YORK (Reuters) - Blockbuster Inc <BBI.N> is in talks about taking a stake in the new premium TV channel to be launched by Viacom Inc <VIAb.N> with Lions Gate

Market Turmoil Pushes Deutsche Bank Into the Red

FRANKFURT (Reuters) - Deutsche Bank AG suffered its first quarterly loss in five years as global financial turmoil heaped more than $4 billion in writedowns on the bank and market

Calpers CEO Exits, Following Fund’s Top Investor

OAKLAND, California (Reuters) - The chief executive officer of the California Public Employees' Retirement System (Calpers), the biggest U.S. pension fund, said on Monday he would retire, days after its

Watchdog Group Says Chevron Complicit in Myanmar

NEW YORK (Reuters) - A human rights watchdog group on Tuesday accused Chevron Corp <CVX.N> of complicity in human rights abuses along a natural gas pipeline in Myanmar in which

Millionaires’ Appetite For Stocks Rising: Study

NEW YORK (Reuters) - Millionaires view the U.S. economy as "very weak," but sense a resumption of growth in early 2009 and expect to buy stocks and real-estate in the

Mall Reports May Shed Light on Consumer Health

NEW YORK (Reuters) - The two largest U.S. shopping mall operators are set to report quarterly results this week, and investors are looking for them to shed some light on

GM to Cut Truck Production, Negotiate Union Layoffs

DETROIT (Reuters) - General Motors Corp <GM.N> on Monday said it would cut planned truck production at four North American plants in the coming quarter because of weaker demand for

Visa Quarterly Results Rise

NEW YORK (Reuters) - Visa Inc <V.N> on Monday posted quarterly results that beat analysts' expectations, but the company's shares fell in after-market trading amid investor concern about how the

Hartford 1st-quarter Earnings Plunge 83 Percent

NEW YORK (Reuters) - Hartford Financial Services Group Inc <HIG.N> said on Monday that net income plunged more than 83 percent in the first quarter, in large part from losses