IBT Staff Reporter

Land Securities Group Plc has announced that the City of London Planning Committee resolved to grant it planning permission for its proposed development at 20 Fenchurch Street.

Three of the largest computer graphics manufacturers were pitted in intense competition through the first quarter of 2006, however latest data indicates that Nvidia Corp. rose above its rivals in the lucrative discrete graphics segment.

Chairman of Photo Me International Plc, Vernon Sankey announced at the company’s AGM on the company’s current trading situation and a strategic review update.

Morgan Stanley on Wednesday said quarterly earnings rose on strong trading and merger activity, as the largest U.S. investment bank continued its turnaround from a tumultuous 2005.

Ulster Television Plc (UTV) has today announced that it has written to the Board of SMG Plc to say that it will no longer be continuing with its merger proposal with them.

A U.S. business group urged China on Wednesday to suspend new regulations governing foreign media, saying they were a step backward in China's goal of building an information-based economy.

Japan's Matsushita Electric Industrial Co. said on Wednesday it would start selling two new Blu-ray DVD recorders in Japan on November 15, heating up a format battle for next generation optical disc technology.

Political risk has returned to central Europe as riots in Budapest and shaky governing coalitions elsewhere remind investors that joining the European Union guarantees neither wealth nor stability.

Hewlett-Packard conducted feasibility studies on placing spies in news bureaus of two publications as part of an investigation into leaks from its board, The New York Times reported on Wednesday.

An executive at Scania , object of an unsolicited bid from Germany's MAN, has rejected market speculation that Scania may be too small to remain independent and successful over the long term.

Two thirds of the baby boom generation have made no provision for their future care, despite warnings that care homes cost an average of 21,000 pounds a year

Microsoft Corp. said on Wednesday it would launch an HD DVD player for its Xbox 360 game console on November 22 in Japan for 20,790 yen ($177), matching rival Sony Corp.'s PlayStation 3 in high-definition DVD functions.

Production at Japanese auto makers' factories in Thailand was disrupted on Wednesday after the country's armed forces seized power in Bangkok, with Nissan Motor Co., Mazda Motor Corp. and others calling off work for the day.

Boots has been ordered to withdraw an eerie and surreal television advertisement for a sun cream which showed tanned young children sunbathing.

The country's biggest gas storage site, Rough, returned from maintenance as planned on Wednesday

The East African Community member states and Rwanda have sought a loan from World Bank, under which the regional revenue authorities have designed sophisticated methods to boost revenue.

Russia's ambassador to Japan said on Wednesday that Royal Dutch Shell's $20 billion (10.6 billion pound) oil and gas Sakhalin 2 project, which hit new environmental hurdles this week, could start operating early if Gazprom joined it.

CLS Holdings Plc has announced today the completion of the acquisition of a portfolio of properties in Germany with a total consideration of £18,740,074, inclusive of all costs. All three properties are located in the Munich area.

Arsenal's pretax profit fell 18 percent to 15.89 million pounds in the year to end May, as lower property development sales offset gains from selling players and reaching the European cup final for the first time.

Underlying net mortgage lending rose by a record amount in August, British Bankers' Association data showed on Wednesday, in another sign the Bank of England's surprise rate hike last month has not deterred house buyers.

Oracle Corp. Chief Executive Larry Ellison showed his notorious competitive streak Tuesday, when the business software maker reported first-quarter profit jumped 29 percent and revenue soared 30 percent.

Standard Life is believed to be preparing a shake up of senior management that could include the exit of finance director Alison Reed

Internet service providers will have to be careful about advertising headline speeds for broadband connections after an advert by Bulldog Communications was criticised by the advertising watchdog on Wednesday.

Nokia has today unveiled its latest product, the Nokia 6288. The Nokia 6288 is a slide phone that includes high quality video playing capabilities along with its other features.

The UK's savings pot grew to its highest level this century in the second quarter of 2006, figures from industry body IFA Promotion (IFAP) show.

The World Bank's private sector arm, criticised by civil society for investing largely in middle income countries, will ratchet up its projects in Africa and poor regions, the agency's head said on Wednesday.

The FTSE 100 nosed up on Wednesday, weighed by heavyweight miners and by ex dividend stocks taking 1.4 points off the index but with Man rising.

OIL giant Shell Uganda, has slashed pump prices for petrol at all its fuelling stations in the country by Shs50. A litre of petrol now costs Shs2,250 down from the previous Shs2,300 a price that has been ruling for the last two or so months.Mr Ivan Kyayonka, Shell's Country Manager on Friday attributed the price reduction to the decrease in oil prices on the international market.

Life insurer Resolution posted first half profit just above market forecasts on Wednesday, helped by growing asset management income