Saturday, July 21, 2007

Saudi Aramco Says Four Killed, 12 Injured in Fire at Ras Tanura Terminal

(Bloomberg) -- Saudi Aramco, the world's largest
state-owned oil company, said four workers were killed in a fire
at the Ras Tanura North Product Terminal.

The fire on July 19 at Ras Tanura in the Eastern Province,
near the Persian Gulf, also injured 12 other workers, the
Dhahran, Saudi Arabia-based company said on its Web site.


Read more at Bloomberg Energy News

UPDATE 1-India's ICICI Bank net rise 25 pct, meets f'cast

(Reuters) - The bank, which is also listed in New York , said its
net profit for the April-June quarter was 7.75 billion rupees
, up from 6.20 billion rupees a year ago.




A Reuters poll of 10 brokerages and analysts had forecast a
24.6 percent rise in net profit to 7.7 billion rupees.


Read more at Reuters.com Market News

Earnings misses, subprime woes punish Wall Street

(Reuters) - U.S. stocks tumbled on Friday, battered by disappointing results from such bellwethers as Caterpillar and Google, and more signals that fallout from the risky subprime mortgage market may spread.

The day's losses were big enough to drag the major indexes into negative territory for the week, snapping a three week streak of gains for the Dow, the S&P 500 and the Nasdaq.


Read more at Reuters Africa