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Intermediate Capital interim profit, AUM rises; impairments fall

UK's Intermediate Capital reported a rise in assets under management and pretax profit for the first half ended Sept. 30. The group attributed the rise in profit to lower impairment charges, a stronger investment portfolio and a growing fund management franchise.
Novell

Attachmate To Buy Novell In $2.2B Deal

Attachmate Corp, an investment group owned by Francisco Partners, Golden Gate Capital and Thoma Bravo, said it will buy networking solutions company Novell, Inc. for about $2.2 billion.

One million jobless women in the U.K.

While the unemployment rate in the U.K. appears to be stabilizing, the jobless rate for British women keeps rising – to the point that more than one million females are now without work.
Mine explosion in New Zealand : 30 workers trapped

Mine explosion in New Zealand, 30 workers trapped

At least 30 miners are unaccounted for, after an explosion ripped through a coal mine in New Zealand on Friday. Rescue teams including fire crews and helicopters have been pressed in and reports of casualties are emerging on the local media. Police are yet to confirm the reports but updated that two people have surfaced from the mine since the explosion.
Mayor of Seoul

Seoul mayor Oh Se-hoon sets sight high on city's future

On the sidelines of the G-20 Summit in Seoul, city mayor Oh Se-hoon, in an interview with IB Times speaks about his agenda for the city’s future, the recognition received by the Seoul Metropolitan Government for carrying out public participation in governance successfully and more.
 China's Premier Wen Jiabao's aircraft departing Shannon Airport

Could China be the 'prince charming' for Ireland?

As comments from Dublin and Brussels strongly hint at the possibility of Ireland formally seeking international financial support sooner or later, analysts are mulling the chances of a possible bailout of the stricken Celtic Tiger by the robust Chinese Dragon.
Yahoo! Mail spam filter

Mass emailer sues Yahoo, Microsoft, etc for treating it as spammer

Holomaxx Technologies Corp., a Can-Spam compliant bulk emailer, has accused Yahoo, Microsoft, Cisco Ironport Systems and Return Path of breaching the wiretapping and other communications laws and wrongly blocking the mass emails it sends on behalf of its clients from reaching intended recipients.
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Will Russia emerge as the next hot spot for MBAs?

A recent study has put Russia ahead of its Western Europe counterparts as a hot MBA recruitment destination. Retaining the momentum in hiring for the second year, it has shown a steady 22 per cent growth in MBAs recruited, according to QS TopMBA Jobs Index.
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Investec posts "strong" H1 operating results, AUM rises

Investec Plc, the specialist bank and wealth manager, posted a "strong" operational performance in the first half, with five of its six core businesses recording a substantial increase in earnings. Third party assets under management grew 4.9 percent to 77.8 billion pounds.
The State Line Station coal-fired electric power plant stands in Hammond, Indiana, July 28.

Mercury plagues Indiana

Indiana has over 30 coal-burning power plants. The smoke rises and disperses in the air, but its chemical contents do not vanish. They linger in the atmosphere and they return to the earth, and to the waterways of Indiana, with the rain.

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