IBT Staff Reporter

Cortina Systems Inc. said Monday it completed the purchase of chip maker Intel Corp.'s optical networking components business for an undisclosed sum.

Sep 11, 2006

According to the research released on Monday, rap and hip-hop ring tones are among the most popular type downloaded, accounting for nearly a quarter of the market.

Sep 11, 2006

The Knot Inc., an online wedding planner, on Monday said it completed its acquisition of the WeddingChannel.com for $61.7 million in cash and 1.2 million shares of company stock.

Sep 11, 2006

The online unit of Time Warner, AOL, announced that it will offer NBC programs on its website days before they are aired on television.

Sep 11, 2006

Software publisher Grove Games has formed a new development studio, aiming to create original interactive software titles.

Sep 11, 2006

Oil dropped $1 on Monday as OPEC looked set to keep pumping at high rates to ensure world consumers were well supplied despite a 20 percent fall in prices since mid July.

Sep 11, 2006

Motorists who unwittingly buy poorly maintained second hand cars are paying out 238 million pounds a year to have their new purchases fixed

Sep 11, 2006

Bristol-Myers Squibb's board faces pressure to show investors it is addressing the fallout from sudden competition to the drug maker's top product and a stock that has lost more than half its value since early 2002

Sep 11, 2006

The board of Dutch retailer Ahold is divided over whether the group should spin off key parts of its operation

Sep 11, 2006

Warplane maker Irkut said it would list shares in London only after the formation of the United Aviation Company, a holding company planned by the Russian government

Sep 11, 2006

Unilever may have to pay up to 400 million euros (273 million pounds) compensation to former preferred shareholders after a court investigation

Sep 11, 2006

Northern Irish broadcaster Ulster Television Plc, which has been in merger talks with Scottish based media company SMG Plc, said it had outperformed rivals during its first half.

Sep 11, 2006

Shares in Volkswagen fell more than 2 percent on Monday ahead of a vote by German metalworkers union IG Metall on whether to reopen its contract with Europe's biggest carmaker.

Sep 11, 2006

The top U.S. trade negotiator said on Sunday before meeting a group of developing nations the United States was committed to a successful outcome of current world trade talks.

Sep 11, 2006

Anglo Danish security services firm Group 4 Securicor reported half year core earnings close to market expectations on Monday

Sep 11, 2006

After a barrage of lawsuits accusing it of overcharging customers, H&R Block Inc. on Thursday said it will slash fees on loans to people waiting for tax refunds.

Sep 11, 2006

Nasdaq International said on Sunday it was focusing on the China market as strong economic growth creates a broad range of companies that are seeking overseas listings.

Sep 11, 2006

Welcome to campus, college freshmen. Back in the day, all those people staked out in front of the Student Union were pushing fraternities, or protest petitions or - depending on your era - T-shirts or Frisbees or water bottles or tie-dyes. Now those folks are stuffing credit card applications into the goodie bags of newbie students.

Sep 11, 2006

National Semiconductor Corp., a maker of analog and power management chips, posted a 40 percent rise in quarterly earnings on Thursday, but its outlook for the current quarter disappointed Wall Street.

Sep 11, 2006

Associated British Foods Plc, the refiner of Silver Spoon sugar and owner of Primark stores, warned its second half earnings will fall

Sep 11, 2006

Second Life, the fast-growing online site where hundreds of thousands of people play out fantasy lives online, has suffered a computer security breach that exposed the real-world personal data of its users.

Sep 11, 2006

Factory gate inflation slowed more than expected in August and firms' raw material costs dropped at their sharpest monthly rate in 1-1/2 years, official data showed on Monday.

Sep 11, 2006

In a suspected terrorist attack, 37 people were killed and over 150 injured when three high-intensity bombs exploded, including one near a mosque in Malegaon town in Nasik district, Maharashtra.

Sep 11, 2006

Holidaymakers are suffering a 9 billion pound summer holiday hangover after racking up that amount of debt to finance their fun in the sun

Sep 11, 2006

The FTSE 100 fell on Monday, led by mining and oil stocks as commodity and oil prices dropped.

Sep 11, 2006

Housebuilder Bovis Homes Group Plc reported an 18 percent rise in first half profit on Monday and kept its expectations for the year unchanged

Sep 11, 2006

Mobile phone operator Vodafone Group Plc confirmed on Monday its plan to enter the cut throat fixed line broadband Internet market

Sep 11, 2006

The top U.S. trade negotiator said on Sunday before meeting a group of developing nations the United States was committed to a successful outcome of current world trade talks.

Sep 10, 2006

OPEC member Algeria unveiled long-awaited amendments to a reform of its hydrocarbon sector on Saturday that limit foreign participation in exploration and production and impose a windfall tax on surplus profits.

Sep 09, 2006