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Friday, 2 August, 2002, 22:22 GMT 23:22 UK
BUSINESS  
Economic fears hit world sharesIt has been another turbulent week for the world's stock markets, with concerns over the health of the US economy fuelling the chaos.  
US jobless rate stabilisesThe US unemployment rate remains unchanged at 5.9%, but the construction industry is still shrinking. 
Uruguay moves to calm bank panicNew restrictions on savings accounts to stem Uruguay's capital flight are announced as 5,000 police impose an uneasy calm on Montevideo's streets.
BA shares hit by revenue fears
Shares in British Airways slide 5% as the airline warns that revenues remain under pressure, despite reporting a rise in profits.
Koizumi backs away from reform
Japan's prime minister weakens key reform pledges as the current parliamentary session ends.
Malawi closes net on grain scam
Malawian investigators call for senior officials who allegedly mismanaged the country's grain reserves to be prosecuted.
Oil minnow lures majors to Mauritania
An industry newcomer is attracting some of the biggest oil exploration firms to the little-known waters of West Africa.
Uruguay hit by strikes and violence
Mobs loot shops in the Uruguayan capital as the country is paralysed by a strike in protest at continuing economic turmoil.
Cautious thumbs-up for Chile
Chile holds its own against neighbours and has strong medium term prospects, according to IMF.
China Telecom eyes stock debut
The Chinese telephone giant applies for stock market listings in the US and Hong Kong, brushing aside concerns over weak share prices.
Japanese 3G profits decline
NTT DoCoMo, the world's first third-generation mobile phone operator, says more people are using its service, but spending less.
Euro rate freeze continues
Gyrating stock markets and a grimmer outlook for European growth keep eurozone interest rates on hold for the tenth straight month.
EU hit by accounting allegations
A leak to the Financial Times supports charges made by an internal auditor that the European Union is mismanaging its 100bn euro budget.
Lebanese compromise over mobile sale
The Lebanese government agrees to postpone the auction of its two mobile phone operators.
Orascom back in the black
Egypt's largest mobile operator surprises the market by reversing the decline in profits
Pakistan exports fighter-trainer planes
Pakistan delivers five locally-built training aircraft to the Gulf state of Oman, completing the first export order for the military aircraft.
Indian industry welcomes tax breaks
Personal savings and the economy should get a welcome boost from new tax breaks, Indian industry leaders argue. |
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 Women in businessProfiles, debate and analysis  Uruguay looting  Nigeria's taxing issue  Tax dodge ditched  Honey price sting  Foot in mouthUS finance boss backtracks after Brazil gaffe  Pink in the redSydney's Mardi Gras gay parade in financial crisis  R.I.P. MondayFarewell to the much-derided rebranding  Fuelhardy?Daring oil firm takes leap into Mauritania  Money crisisWhy Uruguayans cannot get cash from their banks Software recovery Indian firms expect strong growth, more jobs |
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