Business News

State Bank Q1 net up 15.1 pct, beats f'cast Posted: 26 Jul 2008 01:37 AM CDT MUMBAI (Reuters) - State Bank of India, India's largest bank, posted a 15.1 percent rise in quarterly net profit on Saturday, beating forecasts, helped by its access to low-cost funds.

WTO circulates new proposals to save talks Posted: 25 Jul 2008 11:55 PM CDT WTO, as a last ditch effort to find an agreement on Doha modalities, believed to have circulated fresh proposals all the trade ministers on agriculture and industrial products, linking flexibilities to developing countries with sectoral initiatives, which has all along been objected to by India.

Starbucks now says will keep breakfast sandwiches Posted: 25 Jul 2008 09:45 PM CDT LOS ANGELES (Reuters) - Starbucks Corp said on Friday it would continue sales of hot breakfast sandwiches and that it changed the recipe to make their smell interfere less with the aroma of coffee.

Malaysia's central bank raises 2008 inflation forecast but keeps interest rates steady Posted: 25 Jul 2008 09:39 PM CDT KUALA LUMPUR, Malaysia (AP) _ Malaysia's central bank hiked its annual inflation forecast to at least 5.5 percent for this year, but it held back on raising interest rates amid worries about shrinking financial growth.

Large hole in fuselage forces Qantas flight to make emergency landing in Manila Posted: 25 Jul 2008 07:17 PM CDT MANILA, Philippines (AP) _ The 346 passengers were cruising at 29,000 feet (8,800 meters) when an explosive bang shook the Qantas jumbo jet.

Wall Street Week Ahead: Jobs, oil, earnings to call tune Posted: 25 Jul 2008 06:43 PM CDT By Ellis Mnyandu

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