Business and Finance News
- Chavez nationalises Venezuelan steel
South Africa News.Net
Venezuelan President Hugo Chavez has nationalised the country's largest steel company.
- Big banks merge in Australia
South Africa News.Net
In Australia, two large banks, St George Bank and Westpac, say they have agreed to the key terms of their proposed AUD$18.6 billion merger.
- New luxury marina for London via the Gulf
South Africa News.Net
Gulf property developers are planning to build luxury island resorts in England, complete with marinas, theatres, an opera house and housing.
- Dubai generating massive waste
South Africa News.Net
Construction and demolition waste generated in Dubai has registered a record 163 percent growth.
- Bahrain sells cheap fares to India
South Africa News.Net
Bahrain Air's maiden flight from Kerala in India is set to take off from Cochin International Airport to Bahrain on May 26th.
- China Eastern cancels flights due to earthquake
South Africa News.Net
China Eastern Airlines had to cancel all flights to the southwestern Sichuan provincial capital of Chengdu on Monday, after an earthquake hit the region.
- IPhone announces Australian servers
South Africa News.Net
Australian phone provider, Optus has announced that it will become the second mobile phone carrier in Australia to sell the iPhone.
- Plastic bags becoming unpopular in China
South Africa News.Net
Plastic-bag standards are going into effect in China.
- Arab investor pulls out of deal with Austrian Airlines
South Africa News.Net
Austrian Airlines and a Saudi investor have gone their separate ways after having talks about a stake in the airline.
- Hugo Chavez buys more weapons from China
South Africa News.Net
Venezuelan President Hugo Chavez has contracted to buy Chinese military training planes, expanding recent arms purchases and cementing ties.
- Wall Street rallies as oil prices fall, dollar gains
The Seattle Times
NEW YORK — Wall Street rallied today as oil prices, supported by a stronger dollar, fell back and alleviated some of investors' concerns about accelerating inflation. The Dow Jones industrials...
- Your PCs just turned into mini Hubble telescopes, thanks to Microsoft
South Africa News.Net
Canberra, : Microsoft has launched a free downloadable software that can turn any computer into mini Hubble telescopes capable of displaying high resolution images of millions of stars, planets and other celestial bodies.
- Microsoft WorldWide Telescope blasts off
C News
Microsoft Corp. has launched its WorldWide Telescope bringing the free web-based program for zooming around the universe to a broad audience. WorldWide Telescope, launched late Monday...
- Microsoft Walks Out on Bid to Buy Yahoo
RedOrbit
Posted on: Tuesday, 13 03:00 Microsoft Corp. has withdrawn its $42.3 billion bid to buy Yahoo Inc., scrapping an attempt to snap up the tarnished Internet icon in hopes...
- Updated Microsoft Health Common User Interface Furthers Clinical Effectiveness, Increases Patient Safety
RedOrbit
Posted on: Tuesday, 13 03:00 CDT REDMOND, Wash., /PRNewswire-FirstCall/ -- Healthcare developers can take the next step toward increasing patient safety and clinician effectiveness...
- Wal-Mart to Videotape Gun Buyers
RedOrbit
Posted on: Tuesday, 13 00:00 CDT Is America's largest retailer getting out of the hunting and fishing business? If not, it certainly seems to be cutting back. Earlier this year, Wal-Mart...
- Coca-Cola to spend $3bn in Russia
Business Report
Moscow - Coca-Cola plans to spend $3 billion (R21 billion) to boost production in Russia over the next five to eight years. The money would be spent "on building plants, training staff...
- U.S. stock futures lower before busy Fed slate, Wal-Mart
Market Watch
U.S. stock futures dropped on Tuesday ahead of one of the busiest days for Federal Reserve speeches in recent memory and a report that could show the world's largest retailer...
- Microsoft loses another ad executive
CNet
... is Steven Berkowitz, the former Ask.com CEO who had served as senior vice president for Microsoft's online efforts. Microsoft might have had an abundance of executives with advertising backgrounds...
- High food prices to stay - Coca-Cola boss
RTE
The president of the Coca-Cola Company said today that high commodity and food prices were unlikely to calm down anytime soon. Muhtar Kent said that prices were rising due to a 'perfect storm' of...
- Finmeccanica confirms to bid $5.2 billion for DRS
Reuters
Italian aerospace company Finmeccanica Spa confirmed it is to make a friendly takeover bid worth $5.2 billion for DRS Technologies Inc of the United States.
- Microsoft Eyes 40 Percent of Smartphone Market By 2012
CIO
2008 — IDG News Service — Microsoft is aiming to capture 40 percent of the smartphone market with Windows Mobile by the year 2012, an executive said Tuesday. The target is...
- Sales of Mac Office rocket, says Microsoft
silicon.com
... amp;quot;); While Apple's market share gains are cause for consternation for many in Redmond, one unit is clearly benefiting. Microsoft's Mac unit is set to disclose that copies of the new Office for Mac...
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