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. Last Updated: 07/27/2016

03/03/2004

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Press Review

A brief look at the stories making headlines in the Russian-language press

Slovaks Win Prize of Key Hyundai Plant

Hyundai Motor Co. chose Slovakia over Poland on Tuesday as the site for a 700 million euro ($870 million) plant as South Korea's top carmaker strives to build a low-cost foothold in Europe.

Barclays Withdraw Bid for Hollinger

British tycoons David and Frederick Barclay have withdrawn their offer to buy Conrad Black's Hollinger Inc., exacerbating the cash crunch at the firm, which missed a Monday debt payment.

Struggling Levi's Muddles Through Sloppy Accounts

Troubled Levi Strauss & Co.'s losses continue to mount amid sloppy accounting practices that forced the long-struggling jeans maker to erase a big chunk of its previously reported profits.

Pressure on Disney's Eisner Mounts

Two former directors of the Walt Disney Co., including a nephew of the company's founder, aggressively pursued their campaign to oust Michael Eisner, Disney's chairman and chief executive, and three other directors.

Yahoo! to Charge for Web Index Listing

Yahoo! said Monday that it would start charging companies that want to ensure that their web sites are included in its web index from which research results are selected.

U.S. Grapples With Rising Chinese Clout

When Japan, at the zenith of its economic power, built a huge airport in Osaka in the late 1980s, the project set off a seven-year trade battle with the United States over the nearly complete exclusion of non-Japanese companies.

Shiite Shrine Blasts Kill 143 in Iraq

A series of coordinated blasts struck major Shiite Muslim shrines here and in Baghdad on Tuesday as thousands of pilgrims converged on the climactic day of the sect's most important religious festival. At least 143 people were killed and hundreds wounded, hospital and police officials reported.

Gunmen Hit Shiites in Pakistan

Armed men opened fire on Shiite Muslim worshippers during a religious procession in a city in southwestern Pakistan on Tuesday, killing at least 41 people and wounding more than 150 others, authorities said. The city mayor declared an immediate curfew.

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