Saturday, October 4, 2008

Business News

Business News

GE sees big nuclear opportunity in India - exec

Posted: 04 Oct 2008 12:13 AM CDT

BOSTON (Reuters) - General Electric Co sees a market for "tens of billions of dollars" of equipment for nuclear power in India following the U.S.'s decision to reopen nuclear trade with the world's second-most-populous country, a GE official said on Thursday.

US firms will compete for India nuclear trade: Rice

Posted: 03 Oct 2008 11:50 PM CDT

Washington, Oct 4 (IANS) US Secretary of State Condoleezza Rice is confident that American companies will compete for their share of the nuclear business once the India-US civil nuclear deal is operationalised.

US offers India $375 mn deal for smart missiles

Posted: 03 Oct 2008 10:55 PM CDT

Washington, Oct 4 (IANS) The Pentagon has notified the US Congress of its offer to sell India CBU-105 Sensor Fuzed Weapons (SFW) worth $375 million to help the 'Indian Air Force to develop and enhance standardisation and operational ability with the United States'.

Four steps to 123

Posted: 03 Oct 2008 10:11 PM CDT

Washington, Oct 4 (IANS) Amid the suspense whether US Secretary of State Condoleezza Rice would sign or not sign the India-US civil nuclear deal during her visit to New Delhi Saturday, the US has outlined four steps before they can start nuclear trade.

Wall St Week Ahead - Stocks to struggle despite rescue plan

Posted: 03 Oct 2008 08:30 PM CDT

By Steven C. Johnson

U.S. passes bailout, focus shifts to fallout

Posted: 03 Oct 2008 08:23 PM CDT

By Eddie Evans and Kevin Krolicki

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