IBT Staff Reporter

153241-153270 (out of 154943)

GM says Renault-Nissan talks may go on

General Motors Corp. Chief Executive Rick Wagoner said he was open to an alliance with Renault-Nissan and made clear that talks could be extended beyond a mid-October deadline set by the carmakers.

FTSE 100 opens up led by oil and mining

The FTSE opened higher on Thursday, supported by mining and oil stocks, as traders reacted positively to renewed U.S. confidence following a near record breaking high on Wall Street on Wednesday.

Accenture to ditch NHS project

Accenture Ltd., one of the world's largest consulting firms, is poised to pull out of a major computer system project for the NHS as early as Thursday

House prices up sharply this month

House prices jumped in September, the Nationwide Building Society said on Thursday, evidence that August's interest rate rise had done little to cool the property market.

HMV sales continue to drop

HMV Group, which sells music, DVDs and books, said on Thursday its total like for like sales were down 3.7 percent, once the benefit of its recent acquisition of Ottakar's was taken out.

There's no 80 percent solution for retirement

Don't waste too much time mulling over those retirement rules of thumb that seem to pop up everywhere. They've never been very useful, but changes in the way people live and work make them even less so.

ICBC to buy small Indonesia bank

Industrial and Commercial Bank of China, the largest lender in China Mainland, started a preparation for acquiring a small Indonesia bank......

HSI rebounds on external stocks

Hong Kong shares yestoday rebounded to 17,500, backed by China Mobile after the day before's plunge of 237 pcts; Hang Seng Index yestoday jumped 213 pcts......

HK foreign currency rating upgraded

The international rating agency Moody's yestoday upgraded Hong Kong's long-term foreign currency rating from A1 to Aa3 - the level same with civil currency, with a positive outlook......

Nissan, Renault, GM talks to continue

Nissan Motor Co, Renault SA and General Motors Corp agreed to continue their talks on a possible tripartite alliance until October 15 as initially planned, Nissan said.

Tap Oil takes 85% in Philippine project

Australia's Tap Oil Ltd has taken an 85 per cent stake in an oil exploration project in the Sulu Sea in the southern Philippines, local partners in the consortium said on Wednesday.

Newmont sees lower gold sales ahead

Newmont Mining Corp said its gold sales would drop this year and next but would recover in 2008 and 2009 when projects in the United States, Ghana and Australia reach full production.

Truckers welcome productivity report

The Australian Trucking Association (ATA) has welcomed a Productivity Commission report which shows trucking companies may be paying too much to use the nation's roads.

CFOs want simpler annual reports

Australia's chief financial officers (CFOs) are pressing for shorter corporate annual reports, and they want them distributed over the internet instead of posted.

States battling skills shortages: report

An interstate bidding war for workers has left state governments battling to meet soaring wage costs, with pay demands from public servants adding nearly $4 billion to employee-related costs this year.

AWB manager accused of taking kickbacks

A former AWB manager was accused by one of his colleagues of collecting $US16 million ($A21.3 million) in kickbacks from wheat shipments to Saddam Hussein's regime, the Cole inquiry has been told.

AOL Chief Expects YouTube Will Be Sold

AOL Chief Executive Jonathan Miller said on Wednesday that he expects Internet video-sharing Web site YouTube.com to overcome its business and piracy issues, and be acquired by a larger media company.

Microsoft Sues Hacker

The world's largest software maker is suing the developer of a program that allows users to circumvent digital rights protection from Microsoft's Windows Media Audio (WMA) song format.

UN Expands Access to Agricultural Information

The United Nations announced on Wednesday it will expand the access of its agricultural information to reach 37 of the world's poorest countries. This marks the second phase of a joint United Nations-private sector initiative to fight poverty and under-development.

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