BRUSSELS. The world's seven largest economies and Mexico agreed Friday that the first doses of swine flu vaccinations should be given to...
BRUSSELS. The world's seven largest economies and Mexico agreed Friday that the first doses of swine flu vaccinations should be given to pregnant women, health workers and those with risky health conditions. EU Health Commissioner, Androulla Vassiliou, said all countries at the Group of Seven talks "remain vigilant" to stop the spread of the virus as the fall and winter flu season approaches in the northern hemisphere.
CAMDEN. The Campbell Soup Co. says its fourth-quarter profit declined 22 percent. But excluding one-time items, profit was up 11 percent. The company says its profit was hurt by the exchange rate and helped by higher retail prices. The company reported Friday that it earned $69 million, or 20 cents per share, for the three months ended Aug. 2. That's down from $89 million, or 24 cents per share, in the same period a year ago.
NEW YORK. Morgan Stanley's incoming CEO will be facing a drastically different landscape on Wall Street from when John Mack took over in 2005. James Gorman is poised to take over a bank that some say is still searching for direction after surviving a credit crisis that wiped out most of its competitors. Morgan Stanley announced Thursday that Gorman will take the reins from Mack in January. Mack, 64, will remain as chairman.
KINGSTON. The Jamaican Cabinet has given approval for an amendment to the Betting, Gaming and Lotteries Act regulations to allow for the introduction of sports betting and the payment of a 9 per cent gross profit tax on sports betting offered by licensees. This will allow bookmakers to pay a total gross profit tax of 16.5 per cent.