OPEC set to cut output amid demand concerns in Vienna
OPEC members plan to approve a reduction of about 1.5 million barrels per day in Vienna as US and EU pressure to hold prices stead faces mixed signals. Saudi Arabia hints at reduced supplies while Iraq continues to withhold exports amid a global supply demand imbalance.
MENTIONED IN THIS ARTICLE
London
OPEC
Vienna
Austria
United States
European Union
Ali Naumi
Saudi Arabia
Organization of Petroleum Exporting Countries
U.S
Mehdi Varai
Dresdner Kleinwort
Benson
Peter Gignoux
Salomon Smith Barney
European Commission
Gilles Gantelet
U.S. Energy
Bill Richardson
Persian Gulf
Iraq
Iran
Qatar
Sheik Ahmed Zaki Yamani
Gignoux
Indonesia
Nigeria
Venezuela
Ali Naimi
Nestle reportedly nears $10.1 billion Purina takeover
The Wall Street Journal cites sources that Nestle S A plans to acquire Ralston Purina Co for 33.50 per share, about a 36 percent premium. Regulators may scrutinize antitrust concerns while Nestle expands US pet food reach through Ralston and international channels.
MENTIONED IN THIS ARTICLE
New York
Ralston Purina Co
Nestle SA
Friskies
Alpo
The
Wall Street Journal
Nestle
Ralston
New York Stock Exchange
Ralston Purina
Associated Press
Davie. Mehring
Salomon Smith Barney
United States
Journal
Mehring
Dollar edge lifts Tokyo stocks as yen slides
Tokyo equities rose on Monday with exporters leading gains as the yen weakened. The Nikkei 225 climbed 158.49 points to 13,506.23, after a Friday rise of 146.67 points. The dollar traded around 119.12 yen in late New York trading.
MENTIONED IN THIS ARTICLE
Tokyo
New York
Daryl Demsko
Motorola
New York Stock Exchange
Nokia
Motorola to lay off 2500 from Harvard plant in Illinois
Motorola Inc will shut its Harvard Illinois US cell phone factory and cut about 2,500 plant jobs representing nearly 2 percent of its workforce. Production ends by June 20 with remaining staff moving to research marketing and customer service.
MENTIONED IN THIS ARTICLE
Chicago
Motorola Inc
Harvard
Motorola
Leif Soderberg
Personal Communications
Iowa
Florida
Ireland
Job seekers find opportunities in evolving tech market
The Washington Post notes steady demand in information security and related tech roles for 2001. Employers seek Java C and Visual Basic developers, with growth in biotech and optical networking and insurance and financial services embracing online information exchange.
MENTIONED IN THIS ARTICLE
Apple
Katherine Spencer Lee
RHI Consulting
Menlo Park
Calif
U.S
RHI
Rhic
Paul Stefanek
Stratford Group
John Laverpool
American Insurance Association
Leonard Stevens
New Jersey
Stevens
Stevens, Valentine & McKeever
Also Mentioned on This Page
United Nations
Varzi
International Petroleum Exchange
New York Mercantile Exchange
NYMEX
Purina
Brazil
China
Germany
Mexico
Scotland
Christopher Galvin
Washington Post
Ben Venzke
iDefense
Fairfax
Venzke
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