Mauritius sugar mill expands despite EU cuts
SAVANNAH, Mauritius (Reuters): Boiler-suited builders scramble along girders as a heavy crane lifts equipment for new construc-tion at a sugar mill in Mauritius, even as the Indian Ocean island grapples with a sharp fall in sugar prices.
US consumer confidence ebbs, boosts hopes of rate cut
NEW YORK, United States (Reuters): US consumer confidence ebbed in December, while a key measure of inflation held steady in November for the first time in four years, boosting the chances of Federal Reserve interest rate cuts in 2007.
Low prices threaten dairy sector
MILTON KEYNES, England, (Reuters): Britain's farmers, on Monday, said a growing shortfall between the price they receive for milk and production costs was threatening the future of the dairy sector. The National Farmers' Union...
US Court cuts Exxon Valdez damages by US$2b
NEW YORK, United States (Reuters): A U.S. appeals court cut US$2 billion off the US$4.5 billion in punitive damages owed by Exxon Mobil Corp for the Exxon Valdez oil spill, saying the earlier penalty was too harsh compared with the economic harm...
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