Morgan Stanley Buys Bank to Gain China Access
Morgan Stanley said on Monday it has acquired China's Nan Tung Bank, a deal that would give the Wall Street giant a coveted onshore commercial banking license in China ahead of U.S. investment bank rivals. The deal allows Morgan Stanley to apply immediately to offer yuan-denominated products.
FTSE flat, online gaming sector plummets
The FTSE 100 index was flat on Monday with utilities leading the way but online gambling firms plummeting after the U.S. Congress passed legislation to ban online gaming there.
British Airways shares rise on bid report
British Airways shares rose over 2 percent in early trade following a newspaper report that two Middle Eastern groups considered bidding for the airline earlier this year.
Screeching mobiles will give thieves ear bashing
Mobile phones that emit a piercing scream that will give all but the deafest thieves pause for thought was launched in Britain on Monday in a bid to tackle crime which costs millions of pounds each year.
Online gaming in crisis over U.S. ban
Online gambling firms faced their biggest-ever crisis on Monday after U.S. Congress passed legislation to end Internet gaming there, threatening jobs and wiping 3.5 billion pounds ($6.5 billion) off company values.
Nokia, Trimble in navigation licence deal
The world's biggest mobile phone handset maker Nokia unveiled a patent licensing deal with technology firm Trimble Navigation on Monday
Osprey group agrees $4.1 billion bid for AWG
Water firm AWG said on Monday it has agreed a 2.2 billion pound takeover offer from Osprey, an investment group including Canadian, Australian and British firms.
Telstra shares go on offer on October 23
Get ready for the bells and whistles - the Howard government is planning a $20 million advertising blitz to sell its Telstra float.
Chiquita rejects amended Tradefresh bid
Fresh fruit producer Chiquita Brands South Pacific Ltd has rejected an increased takeover bid by Tradefresh Pty Ltd, saying it still undervalues the business.
Ministers at odds over Amex labour plan
Federal ministers Amanda Vanstone and Kevin Andrews are at odds over plans by American Express to have Japanese workers take jobs at a Sydney call centre.
Macquarie involved in aircraft deal
Macquarie Bank will invest $US150 million ($200 million) for a minority stake in the aircraft leasing arm of New York listed transport group GATX Corporation.
ING Finds Success in Online Banking
As more and more people turn to the Internet to pay bills and shop for goods and services, Dutch financial services group ING has carved out a lead in what was once considered the most elusive of online services: banking.
AWB could face terror-related charges
AWB could face terrorism-related charges amid claims some of its staff knew money being funnelled to Saddam Hussein's government could have been funding atrocities against his own people.
Arrow wins India coal gas blocks
India has awarded coal bed methane gas blocks to firms including British oil major BP Plc, Australia's Arrow Energy and India's Reliance Energy Ltd and Tata Power Co Ltd.
Fitch affirms Australia's credit rating
Fitch Ratings agency has affirmed its ratings for Australia and says its outlook is stable.
Investment Group to Buy AWG: Source
An investment group is expected to announce Monday that it has struck a deal to buy British water utility AWG PLC for about $4.12 billion (2.2 billion pounds), a source familiar with the situation told Reuters on Sunday.
MBK to Buy Taiwan Cable Firm for $1.6B: Reports
China Network Systems, Taiwan's largest cable TV operator, has decided to sell itself to MBK Partners, in a deal expected to fetch up to $1.6 billion, according to media reports on Monday.
Women Have Mixed Success at Drug Companies: Study
Top women executives do slightly better at U.S.-based healthcare and pharmaceutical companies than in other industries, but 35 percent of big drug companies do not have a single female director, according to a new survey.
Dollar Hits 5-1/2 Month High After BOJ Survey
The dollar hit a 5- month high against the yen on Monday as investors dumped the Japanese currency after it failed to hold on to gains following the BOJ tankan survey, which showed confidence at big manufacturers hitting a two-year high.
EADS to Unveil 2B Euro A380 Shakeup
European aerospace group EADS will unveil restructuring measures aimed at saving 2 billion euros ($2.53 billion) a year this week after new delays in deliveries of its A380 superjumbo, financial daily Les Echos reported, without quoting sources.
Holidays Shine Light On Struggling U.S. Retailers
Changes could be coming for retailers like Gap Inc. and Pier 1 Imports Inc. that have struggled with falling same-store sales, while other retailers, like jeweler Zale Corp. will be watched to see if they can rebound from missteps during last year's holidays.
PM in South Africa to strengthen ties, discuss UN reforms
Indian Prime Minister Dr. Manmohan Singh who arrived in South Africa on Saturday, will, during his four-day visit, discuss major UN reforms with the South African President Thabo Mbeki, besides signing a number of bilateral agreements on a wide range of subjects including one on preferential trade, investment and energy cooperation.
India surges ahead in World Economic Forum's Global Competitive Index
India has surged ahead in the World Economic Forum's (WEF) 2006 index of world's most competitive economies, leaving behind nations like China, Russia, Brazil, South Africa and Kuwait.
Dell to offer Free Product Recycling in the U.S.
This week, Dell introduced free recycling program for its U.S customers, offering a way for users to easily and safely get rid of their older Dell systems.
Nvidia to Bring Hi-Def Video to HP Laptops
This week, graphics chip company Nvidia announced that it will deliver chips for HP's upcoming notebook and media-center computers.
Apple's Aperture Available for Download
Earlier this week Apple Computer released the latest iteration of its post-production photography software, Aperture 1.5 to retail consumers, but on Friday, the firm announced that the tool will be available for download as well.
Thai Economy Ready for Growth: UN
United Nations economists predict Thailand's economy can grow, stating that gross domestic product has the potential to reach 4.7 percent next year provided the new government maintains stability.
Car to Driver: Please Replace My Fuel Pump
Imagine your car warning you of an icy road ahead, reading aloud the text messages arriving on your phone and sending you an e-mail that your fuel pump needs replacing soon.
Congress approves Internet gambling ban bill
Most forms of Internet gambling would be banned under a bill that received final U.S. congressional approval early Saturday.
Ruling in NatWest case raises risks for banks
A lawsuit brought by victims of suicide bombings in Israel, alleging that British bank NatWest knowingly provided services to a charity linked to militant Islamic group Hamas