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Published : Mon, 19 Feb 2007 10:32
By : Agencies
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2007-02-19 08:56:51

India's Bharti to invest 2.5 bln usd in deal with Wal-Mart

NEW DELHI (XFN-ASIA) - Mobile phone firm Bharti Enterprises, which aims to

start a chain of retail stores in India with US-based Wal-Mart, said it will

invest up to 2.5 bln usd in the project by 2015.

2007-02-19 07:59:41

Inditex's Ortega in 1 bln eur East Europe investment project - report

MADRID (AFX) - Industria de Diseno Textil SA chairman Amancio Ortega has

formed a consortium with various savings banks and investment funds to invest

some 1 bln eur in construction projects in Eastern Europe, Expansion reported,

citing unnamed sources with knowledge of the project.

2007-02-19 07:40:19

Japan's JVC cuts FY profit forecast on weak sales of display products

TOKYO (XFN-ASIA) - Victor Co of Japan (JVC) has lowered its forecast of net

profit for the fiscal year ending March 31 to nil from 2 bln yen because of weak

sales of its display products in North America and a decline in sales by its

software and media business, JVC said.

2007-02-19 07:38:52

Madrid shares AFX at a glance outlook

MADRID (AFX) - Shares are expected to open higher, underpinned by gains in

Asia overnight, but trading is likely to be quiet with US markets closed,

dealers said.

2007-02-19 07:22:58

Philips to up investment in green products by 100 mln eur/yr over coming years

AMSTERDAM (AFX) - Royal Philips Electronics NV said it will increase

investment in green lighting technologies by more than 100 mln eur per year over

the coming years.

2007-02-19 06:42:53

Philips to propose reappointing CEO Kleisterlee for further 4 years

AMSTERDAM (AFX) - Royal Philips Electronics NV said that its supervisory

board will propose at the next company AGM to reappoint president and CEO Gerard

Kleisterlee for another four years, effective April 1.

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