AOL to Give away Parental Control Software
AOL announced on Monday that its parental control features typically found in its online subscriber suite will now be available for free to all users.
Nokia Moves to Offer GPS in Phones
Nokia announced on Monday an exclusive licensing agreement with global positioning system technology developer Trimble, in a move to add navigation and location features to Nokia mobile phones.
Battle Againt Stress Means Big Business
Sarah Kugelman once suffered so much work-related stress that her doctor told her to change her lifestyle or risk dying before the age of 40.
Toshiba Introduces HD-DVD for Notebook Computers
Toshiba announced the world's first HD-DVD writer today, offering a slim form-factor for the new hi-definition media which can be integrated into notebook computers.
Battery Recalls May Cost Industry over $280 mln
The recall of Sony manufactured batteries for notebooks by major PC manufacturers could cost the PC industry over $280 million, one market research firm concludes.
EA Acquires Battlefield Creator
Electronic Arts, the world largest video game developer, announced the acquisition the creators of the Battlefield franchise on Monday, vowing to expand the franchise to next-generation consoles and platforms.
Manufacturers Hit the Brakes, Housing Holds Up
U.S. manufacturing growth eased in September to its slowest in more than a year, but home sales and construction figures suggested a less abrupt decline in the housing sector than many experts had foreseen. A weakening industrial sector could spell bad news for the economy as a whole.
Zimbabwe's External Debt Down 2.3 Pct.
Zimbabwe's Reserve Bank said on Monday its external debt has dropped by 2.3 percent following South Africa's contribution of $169 million last year to the International Monetary Fund.
Harrah's Gets $15 bln Buyout Offer, Shares Jump
Harrah's Entertainment Inc., the world's biggest casino operator, on Monday said it had received a $15 billion buyout offer from private equity firms Apollo Management and Texas Pacific Group.(TPG.UL), sending shares of the whole gaming sector up sharply.
EU Gives $51M to Sudan
The European Commission announced on Monday a further €40 million ($51 million) contribution in humanitarian aid to assist the conflict-torn Darfur region of Sudan.
Lloyd's plans to change capital rules
The Lloyd's of London insurance market unveiled plans to change its structure that would alter the way in which individual investors have put money into the market for over 300 years.
Semiconductor Industry Hit Record Sales
The worldwide sales of semiconductors reached record sales levels for August, increasing over 10 percent from previous years according to industry observers.
Sotuthern Cross Trading in Line With Expectations
Southern Cross Healthcare Group Plc, the care home provider today announced its pre close trading update at the end of the Company’s financial year on 1st October 2006.
China World Trade Buys 25 Pct. of CWT Excursion
China World Trade Corporation said on Monday it has struck a deal to acquire 25 percent in a business travel investment company, CWT International Excursion Investment Ltd.
Japan Should Cut Spending, Then Discuss Tax: PM
Japanese Prime Minister Shinzo Abe said on Monday the government should discuss revisions on tax laws after observing results of fiscal retrenchment and social security costs.
Barclays to sell vendor finance businesses to CIT
Barclays said on Monday it had agreed to sell part of its vendor finance businesses in Britain and Germany to U.S. commercial finance firm CIT for an undisclosed price.
Misys shares slump as ends bid talks
Software firm Misys called off talks over a possible bid for the firm and said its chief executive, who was involved in a potential offer
Norway gas pipeline to flow up to 40 mcm/day to UK
Flows of Norwegian gas through the new Langeled pipeline to Britain could exceed 40 million cubic metres one day this week, an industry source said on Monday.
Scottish Power says trading well
Scottish Power said on Monday all its operations were performing well and that current year trading was expected to be ahead of expectations, boosting its shares.
Cuba money manager keeps low profile in Miami
There is no sign and not even a visible street address outside the Miami office of money manager Thomas Herzfeld.
Imagination Tech sells equity stake to Intel
Imagination Technologies Group said on Monday that it had sold a 3 percent stake in the company to U.S. giant Intel Corp, sending its shares up 10 percent.
Gulf to produce 20 pct world's ethylene by 2010
Gulf Arab countries will account for about 20 percent of the world's ethylene production by 2010 as they expand petrochemical output capacity, the secretary general of a Gulf petrochemicals lobby said on Monday.
Engineer FKI maintains outlook, shares leap
Engineer FKI left its full year guidance unchanged, sending its shares as much as 10 percent higher on Monday as it soothed investors' fears that its outlook may have worsened.
Kenyan says Nobel prize has helped environment
Kenyan Nobel Laureate Wangari Maathai said late on Saturday that her 2004 peace prize has helped to change the world's view on the environment.
New Trend in U.S. Housing: The Incredible Shrinking Lot
Not too many years ago, the main thoroughfare of Edgewater, New Jersey, had the feel of a back road meandering through landfills and old factories.
Banks vie for rich clients as global wealth soars
The battle for the favours of the world's ultra rich is heating up as more banks seek a piece of what they see as the fastest growing sector in the financial industry.
Wal-Mart to use more part-timers, wage caps: NYT
Wal-Mart Stores Inc. is pushing to create a cheaper, more flexible work force by capping wages, using more part-time workers and scheduling more staff on nights and weekends, The New York Times reported on Monday.
Latest MP3 players come equipped with songs
Customers picking up the latest MP3 players this fall are getting much more than just a device. Increasingly, they're getting free music as well.
AWG Agrees $4.1B Bid, Gets Other Approaches
The battle for control of UK water firm AWG Plc heated up on Monday despite the company's agreement of a 2.2 billion pound ($4.1 billion) offer from an investment group called Osprey.
House Price Inflation at Two Year High
House prices rose at their fastest annual pace in two years in September, a survey showed on Monday