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Archive for May, 2008

India Sterlite Ind to purchase Asarco for $2.6 bln

NEW DELHI/MUMBAI - India’s Sterlite Industries on Saturday agreed to purchase the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.

India Sterlite Ind to purchase Asarco for $2.6 bln

NEW DELHI/MUMBAI - India’s Sterlite Industries on Saturday agreed to purchase the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.

India Sterlite Ind to purchase Asarco for $2.6 bln

NEW DELHI/MUMBAI - India’s Sterlite Industries on Saturday agreed to purchase the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.

India Sterlite Ind to purchase Asarco for $2.6 bln

NEW DELHI/MUMBAI - India’s Sterlite Industries on Saturday agreed to purchase the operating assets of bankrupt copper miner Asarco for $2.6 billion, the latest in the series of overseas acquisitions by Indian firms.

United States weakness remains threat to global economy: Draghi

ROME - The global economy is threatened by continuing weaknesses in the United States economy and rising energy and raw materials prices, European Central Bank Governing Council member Mario Draghi has said on Saturday.

United States weakness remains threat to global economy: Draghi

ROME - The global economy is threatened by continuing weaknesses in the United States economy and rising energy and raw materials prices, European Central Bank Governing Council member Mario Draghi has said on Saturday.

United States weakness remains threat to global economy: Draghi

ROME - The global economy is threatened by continuing weaknesses in the United States economy and rising energy and raw materials prices, European Central Bank Governing Council member Mario Draghi has said on Saturday.

Paulson says dollar peg has served Mideast well

JEDDAH - United States Treasury Secretary Henry Paulson has said on Saturday the dollar peg for currencies in the Gulf Arab countries had served the region well and any changes to the peg would be a sovereign matter.