Business and Finance News

US elderly in trouble over fuel prices
The Sydney News.Net
The elderly in the US are finding the going tough because of prices at the fuel bowser.
Airbus may have new partners
The Sydney News.Net
The company which makes Airbus, EADS, was close to finalising two deals prior to the weekend.
Chinese commercial bank receives good report
The Sydney News.Net
One of China’s medium-sized commercial banks, CITIC, has estimated its net profit in the first half of this year rose by more than 150 percent from a year earlier.
Companies begin quest for oil, gas off Florida
San Diego Union-Tribune
PENSACOLA, Fla. – Oil companies once viewed drilling in the deep waters off Florida as cost prohibitive. Politicians feared even the slightest sign of support would be career suicide. No...
Nicolas Sarkozy questions interest rate hike
The Sydney News.Net
French President Nicolas Sarkozy has asked questions about the European Central Bank's decision to hike interest rates by a quarter point to 4.25 percent.
Ferrari intends introducing green engine
The Sydney News.Net
Sporty car manufacturer Ferrari, has said it will cut greenhouse gas emissions from its cars.
Travellers miss out on the US
The Sydney News.Net
A boom in international travel around the world has not included the United States.
Internet addresses go missing
The Sydney News.Net
The nonprofit agency in charge of the Internet's addresses recently lost track of its own address.
Expansion of Dubai restaurants into Pakistan
The Sydney News.Net
Jumeirah Group of Dubai has signed an agreement with Pakistan's Zahdan Retail Private for the expansion of a hotel/restaurant business in Pakistan.
Indian tourists outweigh US visitors to London
The Sydney News.Net
The number of Indian tourists visiting Britain has grown by 170 percent since 1993.
50,000 in South Korea protest against U.S. beef imports
The Sydney News.Net
South Korean police estimate 50,000 people turned out in Seoul Saturday in the latest protest against the resumption of U.S. beef imports.
Marseille bids to be hub of new Mediterranean union
The Sydney News.Net
Some 40 heads of state from the Middle East, North Africa and Europe gather in Paris next Sunday to launch a new agreement aimed at reinforcing cooperation between the European Union and non-European nations bordering the Mediterranean.
Bush in Japan for G8 summit
The Sydney News.Net
U.S. President George Bush is traveling to Japan for a summit of leaders from the world's eight leading industrialized nations, known as the Group of Eight.
Microsoft to take 100% of MSN Israel, buy Internet Gold
Market Watch
Microsoft Corp. plans to acquire the 50.1% it doesn't already own in MSN Israel Ltd. from partner Internet Gold Ltd., the companies said on Sunday.
Food shipments from Mexico to be checked for Salmonella
Newsday
Starting tomorrow, health inspectors will halt and check the shipment of ingredients common to Mexican cuisine from Mexico to the United States, sources familiar with the salmonella...
Shoppers praise, worry about Steve & Barry
Newsday
The Jaime family trucked out of Steve & Barry's yesterday toting three large, bulging bags with seven pairs of pants and 10 shirts. The cost: $250. "Sure beats the $345 we spent on a couple...
New open source Lotus Symphony poised for success
Newsday
IBM blue. Oddly, the once-biggest name in computing christened it Lotus Symphony, after a spectacular and expensive failure that dates back to the days of DOS. But this new IBM Lotus Symphony seems...
Microsoft, Internet Gold to split on Israel portal
Times of India
Microsoft Corporation and Internet Gold have reached an agreement to have Microsoft independently operate a MSN Israel portal.
Economy casts pall on Sun Valley media fest
Reuters
The deteriorating U.S. economy and slumping stock prices will frame discussions among top media and technology executives at the 26th annual Allen & Co confab in Sun Valley...
G8 urged to act over oil prices
BBC
Japan and the US have pledged to call for "swift action" on surging oil and food prices at next week's G8 summit. Japan's Prime Minister Yasuo Fukuda said action was needed as the problems were...
G8 to focus on 3Fs
BBC
The G8 leaders will have plenty to discuss in coming days These events used to be economic summits. Leaders from the world's major developed countries got together to discuss economic problems -...
Mandelson raps Sarkozy over trade
BBC
Peter Mandelson has stepped up his row with French president Nicolas Sarkozy, attacking "protectionist politicians" for putting world trade talks at risk. The next round of talks should focus on...
First DC Universe Online Art Unveiled
Wired News
MMO have emerged courtesy of the game's MySpace page. Unfortunately, this batch of pictures tells us very little about the game itself, but at least we get to see the first of the game's heroes: The...

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