Procter & Gamble Co posted a 36 percent jump in quarterly profit on Wednesday
Aug. 2, 2006

Procter & Gamble Co posted a 36 percent jump in quarterly profit on Wednesday, as stronger than expected sales from products such as Tide laundry detergent overshadowed inventory concerns at Gillette.

Alliance Boots, the international drug distribution and retail group, could soon be selling its No 7 lipsticks in Florida as it hammers out a deal with CVS
Media Release
...it hammers out a deal with CVS, one of the US’s largest pharmacies, to roll out its own-brand ranges across the US.
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AOL’s attempt to square up to Yahoo, MSN and Google
Media Release
AOL on Wednesday made its boldest effort yet to ditch its reputation as an internet dinosaur reliant on a dying dial-up connection business by making its aol.com e-mail addresses free to people signing up for high-speed broadband from other providers.
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Controversial takeover deal of a Chinese company by Carlyle Group becomes a Chinese benchmark for globalization
Media Release
Senior government officials in Beijing held an unprecedented meeting to try to break a year-long impasse over whether to approve the controversial takeover deal of a Chinese company by Carlyle Group, the US private equity firm.
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Global business leaders are voicing concerns about deteriorating business conditions for the first time in three years
Media Release
Global business leaders are voicing concerns about deteriorating business conditions for the first time in three years, citing turbulent markets and an expected slowdown in the US.
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First defeat for WalMart? Wal-Mart, the world’s biggest retailer, pulled out of Germany after eight loss-making years
Karen Gosh
It may signal that WalMart business model is not that great in a neutral matured free economy.
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Eclipse Aviation expects its E500s to be used as air taxis or flying limosines for corporate travelers
Peter Zuba
A new light, cheap and fast jet is expected to be certified for flight Thursday by FAA
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Russia in G-8 driver seat
Media Release
Russia will take center stage this week when President Vladimir Putin hosts President Bush and other leaders of the world's biggest economies, reveling in resurgent global influence while facing the fiercest Western criticism since the Soviet collapse.
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Foreign companies listed in New York are entering a crunch period this week as a Sarbanes-Oxley deadline passes
Media Release
Foreign companies listed in New York are entering a crunch period this week as a Sarbanes-Oxley deadline passes and time constraints force some into compliance short cuts, according to auditors and advisers.
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The energy firm, Valero GP Holdings, hopes to raise up to $414 million in IPO
Media Release
Valero GP Holdings is the holding company for Valero LP which operates independent terminals and petroleum pipelines in the United States and around the world. This coming week, it's looking to go public.
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