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January 01, 2005
Biz and Market Notes
Sri Lanka Brewery Now Producing Water: "Sri Lanka's top brewery normally produces 160,000 bottles of beer a day. Now the plant has turned its technical might to producing a very different beverage: potable water for the survivors of the Asian tsunami disaster. "On AP Business
Stock Mutual Funds Perform Well in 2004: "Wall Street's fourth-quarter rally gave stock mutual funds a solid performance for 2004, with small-cap equity funds and real estate funds scoring some of the biggest returns. Large-cap growth equities and technology-focused funds had the slimmest gains."On AP Business
Shops Without Chip-And-Pin Liable For Fraud: "Retailers not signed up to chip-and-PIN have become liable for fraudulent transactions as changes to the card payment system come into force."
On Ananova: Business
Russia OKs $18 bln Siberia-to-Pacific pipeline: report: "SAN FRANCISCO (CBS.MW) -- Russia has approved an $18 billion oil pipeline connecting Siberia with the Pacific ocean and pumping 1.6 million barrels of oil a day for export to the United States and Japan, according to a report published Saturday."
On CBS MarketWatch.com - Top Stories
Wall Street Watching for Market Shift: "At this time last year, money managers were betting that growth equities would outpace value, and that large company stocks would produce better returns than small caps.
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On AP Business
Stocks up in '04 as Nasdaq, S&P 500 outshine Dow 30: "NEW YORK (CBS.MW) - The Nasdaq composite and the S&P 500 closed out 2004 on Friday at levels not seen since 2001, making the Dow Jones Industrial Average's 3.3 percent gain look modest in comparison."
On CBS MarketWatch.com - Top Stories
Economic data to drive markets next week: "NEW YORK (CBS.MW) -- U.S. stock investors will enter the new year next week with a full plate of economic data to digest, culminating Friday in the release of the December jobs report."
On CBS MarketWatch.com - Top Stories
DIY Enthusiasts Face Shock Fines: "Millions of DIY fans could face hefty fines of up to £5,000 under a new law that has come into force."
On Ananova: Business
January 1, 2005 in Business | Permalink
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