Business
Jan 2-5, 2001 / Dey 13-16, 1379
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BUSINESS NEWS INDEX
Friday,
January 12, 2001
Gerald Levin - from Time-Warner chief to AOL No. 2
NEW YORK(Reuters) - Gerald Levin, who spent nearly three decades with
Time Warner Inc. companies and was in charge of the media giant for the
last eight years, will be in the unfamiliar position of sharing the spotlight
with Steve Case, a man nearly 20 years his junior, after the merger with
America Online. Born in Philadelphia on May 6, 1939, Levin graduated from
Haverford College in 1960 and received a law degree from the University
of Pennsylvania in 1963. He was an attorney in New York City for four years
and later worked for Development and Resources Corp., an international
investment and management company, during which he served for a year in
Iran >>>
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Zaki Yamani warns on cuts
LONDON (AP) -- For world oil prices to remain stable, OPEC members must
not cut their crude production until Iraq ends its partial suspension of
petroleum exports, an influential former Saudi Arabian oil minister said
Thursday. The Organization of Petroleum Exporting Countries has already
decided to curtail output by at least 1.5 million barrels a day -- or 5
percent -- when its representatives meet next week in Vienna, Austria,
Sheik Ahmed Zaki Yamani said.>>>
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INDEX
* Gerald Levin - from Time-Warner chief
to AOL No. 2
* Zaki Yamani warns on cuts
* New Tehran-Seoul air route to open
* Oil buoys on fresh U.S. stocks data
* OPEC at odds over extent of production cut: Iran
* Iranians seeing the world through Israeli eyes, paper fumes
* Iran reportedly sees OPEC output cut
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Thursday
January 11, 2001
New Tehran-Seoul air route to open
SEOUL, Jan 11 (AFP) - Iranian airline Mahan Air is to start once a week
flights from Tehran to Seoul, the South Korean transportation ministry
said Thursday. It said the flight would leave the Iranian capital every
Monday and arrive in Seoul the same day via Bangkok. South Korea and Iran
made an aviation agreement last July.
INDEX
Wednesday
January 10, 2001
Oil buoys on fresh U.S. stocks data
LONDON (Reuters) - World oil prices forged ahead on Wednesday after
fresh U.S. and European stock data breathed new life into a market awaiting
confirmation of an OPEC (news - web sites) producers' cartel output cut
next week. U.S. benchmark light crude surged 71 cents to breach the $28
barrier, as traders raced to cover short positions, and last stood at $28.28
per barrel, 64 cents up >>>
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Tuesday
January 9, 2001
OPEC at odds over extent of production cut: Iran
TEHRAN, Jan 9 (AFP) - OPEC members are "a little" at odds
on the extent of a production cut ahead of the cartel's January 17 summit
in Vienna, Iran's oil minister said Tuesday, cited by the official IRNA
news agency. "Iran believes OPEC's output should be reduced. The rest
of the members too hold the same view, but with a little difference as
regards the level of reduction," Bijan Namdar-Zanganeh said >>> FULL TEXT
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Iranians seeing the world through Israeli eyes, paper fumes
TEHRAN, Jan 9 (AFP) - Israeli-made contact lenses have been smuggled
into arch-enemy Iran and are being sold across the country, a conservative
Tehran newspaper charged on Tuesday. An Iranian firm imported the lenses
and hid their origin from buyers as well as the national health ministry
and customs officials, the Jomhuri Eslami paper said >>>
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Monday
January 8, 2001
Iran reportedly sees OPEC output cut
TEHRAN (Reuters) - Iran has said the OPEC (news - web sites) oil producers'
cartel would decide to cut production by 1.5 million barrels a day (bpd)
at its next meeting in Vienna this month, the Aftab-e Yazd newspaper said
on Saturday. ``OPEC is determined to cut production,'' it quoted Iran's
OPEC governor Hossein Kazempour as saying. ``OPEC...will decrease production
at least by 1.5 million barrels a day.''>>>
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