Business News

Gold rises as oil bounces, shrugs off India bombs Posted: 28 Jul 2008 02:41 AM CDT By Lewa Pardomuan

Australia's ANZ Bank sees shares plunge nearly 11 percent on profit warning Posted: 28 Jul 2008 02:36 AM CDT SYDNEY, Australia (AP) _ Shares in Australia & New Zealand Banking Group Ltd., Australia's fourth-largest bank, plunged nearly 11 percent Monday after the bank announced that its annual profit could fall by up to 25 percent due to the global credit crisis.

Ranbaxy says launches ulcer drug in US Posted: 28 Jul 2008 02:34 AM CDT NEW DELHI (Reuters) - Ranbaxy Laboratories Ltd, India's top drug maker by sales, said on Monday it had launched a generic 40 mg version of ulcer pill Prilosec in the United States under an agreement with AstraZeneca.

Nokia ties up with WWF to save the Tiger Posted: 28 Jul 2008 02:24 AM CDT Mobile handset maker Nokia on Sunday joined hands with World Wildlife Fund (WWF)-India, to support tiger conservation initiatives in the country.

Mkts choppy before RBI review, ICICI drags Posted: 28 Jul 2008 02:24 AM CDT Indian shares flitted between gains and losses on Monday, a day before an expected increase in official interest rates, with leading private-sector bank ICICI Bank falling after missing profit forecasts.

Posted: 28 Jul 2008 02:16 AM CDT

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