INTERNATIONAL
Steel tariffs will not spark trade war: US Washington: The White House has denied that President George W Bush's controversial decision to slap tariffs on steel imports will spark a trade war or sap key allies' support for the US-led war on terror.
NATIONAL
US must withdraw steel tariffs or risk curbs: EU London: EU Trade Commissioner Pascal Lamy called on the World Trade Organisation on March 8 to condemn the United States for imposing tariffs on steel imports, warning of retaliatory action if it failed to comply.
Fresh selling in old-economy stocks weakens SENSEX Mumbai: Led by Hindustan Lever Limited (HLL), old-economy counters met with profit-selling and turned weak on the Bombay Stock Exchange (BSE) on March 8, pushing the SENSEX down by 33.50 points to close at 3656.77.
BP puts EOI for Enron, IDBI to examine legality Mumbai: Despite uncertainty looming large over the sale of 85 per cent foreign equity in bankrupt Enron's Dabhol Power Company (DPC), yet another global energy major BP has thrown its hat in the ring by expressing interest in the idle 2,184 mw project.
IBM to invest $ 700 mn in web services Bangalore: IBM plans to invest $ 700 million in the next three to five years for overall business development in the area of web services, a senior company official said on March 8.
BSE opens on weak note on March 8 Mumbai: The benchmark displayed a weak trend in a mixed pattern of trading at opening on the Bombay Stock Exchange (BSE) on March 8 on alternate bouts of buying and selling.
