IBT Staff Reporter

Time Warner has announced that it has cut another AOL division, saying on Thursday that it has finalized an agreement to hand over AOL France to internet portal, Neuf Cegetel.

Boeing Co. announced new orders for 47 planes from unidentified buyers on Thursday, worth more than $4 billion overall, including 16 for its new carbon and titanium 787 Dreamliner.

U.S. Mid-Atlantic factory activity retrenched for the first time in over three years in September, the latest sign of a rapidly-slowing economy.

Mortgage rates remained unchanged following the Federal Open Market Committee's decision to hold interest rates steady for a second straight month. The average 30-year fixed mortgage rate remains 6.44 percent.

Ad-supported SpiralFrog announced that it is teaming up with another record label on Thursday, adding to the list of companies who will provide music for its online downloading service.

Britain's FTSE 100 pushed ahead on Thursday, buoyed by strong results and bullish earnings forecasts, but gains were capped by continued weakness in crude prices, hitting oil heavyweights and utilities.

Scottish and Southern Energy has confirmed today that it will keep its energy prices the same until the beginning of 2007.

Today Cable & Wireless announced that it is expecting a profit margin rise to between 35 and 37% by the financial year 2008–2009.

NXT Plc, provider of sound solutions, today announced it’s Preliminary Results for the year ended 30th June 2006.

Scholastic Corporation reported the results of for the 2007 first quarter, ended 31st August 2006.

Reuters Group Plc has appointed the Michael Peace, CEO of one of its subsidiaries to the position of global head of its Research and Asset Management division.

Advanced Micro Devices (AMD) plans on making it easier for manufactures and end-users to upgrade to future processors, announcing an initiative on Thursday to strive towards processor socket compatibility.

Today the Department of Transport announced changes to airport security restrictions.

Nokia announced today that it had reached an agreement with Microsoft to integrate Live Search capabilities into its Mobile Search platform.

Airbus revealed new delays for its troubled A380 superjumbo jet on Thursday, blaming a repeat of wiring installation problems which have already pushed the program a year behind schedule and hit future profits.

U.S. shares looked set to open higher on Thursday, extending Wednesday's gains after relatively dovish comments from Federal Reserve policy makers, but worries about the extent of the U.S. slowdown may cap equity buying.

Microsoft's external high-definition DVD player for Xbox 360 console will use the HD-DVD format and will be released on Nov. 22 in Japan, the software maker said on Wednesday during a media briefing at the Tokyo Game Show 2006.

Japan's three major three banks are accepting a larger volume of applications for unsecured business loans for small-to-medium enterprises (SMEs).

Two U.S. software firms are asking the European Commission to take action against Microsoft's new Vista operating system, the Wall Street Journal reported on Thursday.

The long, hot summer was not without cost this year as overheated Britons spent an estimated 5 billion pounds trying to keep cool

Russian oil firm Sibir Energy may hand half of a Siberian joint venture with Royal Dutch/Shell to Gazprom's oil arm in return for control of Moscow's oil refinery

Hewlett Packard Co.'s Chief Executive Mark Hurd had approved a sting operation on a reporter to investigate boardroom media leaks

British–Russian oil firm TNK BP, half owned by BP, said on Thursday that there was no sign of any threat to its licence for the Kovykta gas field

Takeover target Gondola Holdings said more restaurant openings were on the menu on Thursday after it posted a 4.1 percent rise in annual like for like sales.

Laura Ashley , the British retailer famed for its floral fabrics, said on Thursday it returned to profit and enjoyed strong sales in the first half of the year thanks to further cost cuts and strong demand.

The U.S. Department of Homeland Security has awarded a multi-billion dollar contract to Boeing for border security work, the chairman of the Senate Homeland Security Committee said on Wednesday.

Publisher Daily Mail & General Trust said on Thursday advertising markets were proving patchy for its national titles but was enjoying good growth for revenue from its business and digital operations.

Two U.S. software firms are asking the European Commission to take action against Microsoft's new Vista operating system

Almost a decade after being battered by the Asian financial crisis, emerging market investors are getting a worrying reminder about political risk from the streets of Budapest to the barracks of Bangkok.