Fri, Aug 06, 2004 News Editorials 627975530 visits
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    Yukos can access assets

    REVERSAL: Russia's largest oil producer says it has been told by the government that it can pay its bills
    Yukos announced that Russian authorities have told the company its bank accounts are not frozen, giving it access to cash in a major decision the beleaguered oil giant said would help it stay afloat and make good on the massive back-tax bills it faces.

    [ FULL STORY ]


    Guangzhou's new airport opens

    CHEK LAP KOK RIVAL: Baiyun International Airport is expected to steal a big part of the cargo trade that now goes to Hong Kong -- and passengers as well
    The largest airport in China opened in Guangzhou yesterday, establishing a giant freight and passenger hub in the country's manufacturing heartland to rival Hong Kong.

    [ FULL STORY ]


    US universities flock to online auction sites

    ONE MAN'S TRASH: Used Hammond organs, ice-cream machines and tilting chairs are just some of the items that colleges are posting on eBay
    Surely, there's someone out there who needs six factory-sealed, 45kg cans of freon. Officials at Penn State University in the US just hope that someone is on eBay.

    [ FULL STORY ]


    Sugar producers celebrate WTO ruling against the EU

    Sugar prices could soar 10 percent under a WTO ruling against Euro-pean subsidies that was being cheered by the major producing countries of Australia, Thailand and Brazil yesterday.

    [ FULL STORY ]


    Oil futures rebound on OPEC chief's assurances

    Crude oil futures rebounded yesterday from an overnight tumble on doubts about whether the OPEC could supply enough oil to meet demand.

    [ FULL STORY ]


    World Business Quick Take

    ■ Computers
    [ FULL STORY ]


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