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Print - 2009-09-07
Obama seeks to regain momentum on health reform

Obama seeks to regain momentum on health reform

US President Barack Obama will seek to regain control of the health-care debate next week when he gives a major speech to Congress as lawmakers return from summer recess. The fate of Obama's plans to overhaul the health insurance system is seen as an earl
Published 07 Sep, 2009 12:00am
Is the market being unnecessarily enthusiastic?

Is the market being unnecessarily enthusiastic?

The celebrations are underway. Amid self congratulations by government officials for steering the economy towards stable waters, their corporate sector counterparts are rejoicing in the pool of lower inflation, two-year high forex reserves, base rate cut
Published 07 Sep, 2009 12:00am
Taxing flick business might screen entertainers out

Taxing flick business might screen entertainers out

Lights, camera, action - tax! Wait a minute that wasn't part of the cue sheet. Well, it wasn't but it just might as well be, as the government is planning to bring entertainment industry in the tax net. The move aimed at bettering the government's fiscal
Published 07 Sep, 2009 12:00am
Police and law enforcement

Police and law enforcement

Wide consensus, through surveys points to the police as being one of the most corrupt institutions in Pakistan. Corruption in the police and law enforcement is perceived to be pervasive - creating a culture of lawlessness and lack of credibility and trust
Published 07 Sep, 2009 12:00am
Foreign outflows crowd out private investment

Foreign outflows crowd out private investment

While latest weekly monetary supply numbers show trends similar to the week before, with money supply falling by Rs23 billion in third week of August comparable to a decline of Rs25 billion in the week before, domestic and foreign flows have taken a U-tur
Published 07 Sep, 2009 12:00am
Military vehicles parade through Beijing

Military vehicles parade through Beijing

Hundreds of military vehicles, including tanks and missile carriers, rolled down one of Beijing's main streets Sunday to rehearse a parade marking the 60th anniversary of the nation's founding. Tanks and military trucks, some carrying long missiles, follo
Published 07 Sep, 2009 12:00am
Mass street fight in Madrid leaves seven injured, 20 arrested

Mass street fight in Madrid leaves seven injured, 20 arrested

A mass drunken street brawl in the Spanish capital Madrid left seven police officers injured and resulted in 20 arrests, Spanish television channel TVE reported Sunday. An open air party attended by around 3,000 young people descended into drunken fightin
Published 07 Sep, 2009 12:00am
Obama's environmental adviser resigns

Obama's environmental adviser resigns

US President Barack Obama's special adviser for green jobs has resigned under pressure from leading Republican politicians and revelations about his controversial past statements, The Washington Post reported Sunday. Van Jones, a former civil rights activ
Published 07 Sep, 2009 12:00am
Police, poll protesters clash in Gabon's oil hub

Police, poll protesters clash in Gabon's oil hub

Security forces clashed with gangs of protesters in Gabon's oil hub Port Gentil overnight in a third day of unrest since a disputed presidential election brought the son of the late leader to power, a resident said.
Published 07 Sep, 2009 12:00am
Israel affirms plans to approve more settler homes

Israel affirms plans to approve more settler homes

Israel stood firm on Sunday on a plan to authorise hundreds of new settler homes in the occupied West Bank before a possible construction freeze, shrugging off a rebuke from Washington.
Published 07 Sep, 2009 12:00am
US climate change bill to compete with healthcare

US climate change bill to compete with healthcare

Environmentalists hope the push in Congress for climate change legislation is not overwhelmed by the debate dominating Capitol Hill over changing the US healthcare system. But it might be.
Published 07 Sep, 2009 12:00am
Five killed in Mosul shootings

Five killed in Mosul shootings

Five people, including a two-year-old child and her grandmother, were killed in a series of shootings in the restive northern city of Mosul on Sunday, police said. The woman and her granddaughter died when unknown gunmen stormed their house in Tanak neigh
Published 07 Sep, 2009 12:00am
Around 350,000 displaced by flooding in Africa

Around 350,000 displaced by flooding in Africa

The number of people displaced by flooding caused by heavy rains in West and Central Africa rose to around 350,000 over the weekend, according to the United Nations. In Ghana and Burkina Faso at least 32 people are reported to have died in the floods, wit
Published 07 Sep, 2009 12:00am
Small plane crashes into US park, five dead

Small plane crashes into US park, five dead

Five people are dead after a small plane crashed amid heavy fog in north-east Oklahoma. The Piper aircraft was on its way to Dallas on Saturday when it crashed into a park near a baseball field in Tulsa. Investigators said the six-passenger plane may have
Published 07 Sep, 2009 12:00am
Nepal police announce Hindu extremist's arrest

Nepal police announce Hindu extremist's arrest

Police in Nepal on Sunday arrested the chief of an armed group accused of masterminding attacks on churches and mosques that have killed at least eight people in the last two years, a police chief said.
Published 07 Sep, 2009 12:00am
Iran deplores US stand over new defence minister

Iran deplores US stand over new defence minister

Iran on Sunday deplored Washington's stand over Tehran's controversial new defence minister, who is wanted by Argentina in connection with a deadly 1994 bombing against a Jewish centre in Buenos Aires. Washington called the appointment of Ahmad Vahidi a "
Published 07 Sep, 2009 12:00am
Arab League, Hamas slam Israel over settlements

Arab League, Hamas slam Israel over settlements

The Arab League and Islamist movement Hamas said on Sunday Arabs should not normalise ties with Israel so long as the Jewish state sticks to plans to build more settlements in occupied Palestinian land.
Published 07 Sep, 2009 12:00am
Wall Street braces for turbulent season

Wall Street braces for turbulent season

As caution creeps back into Wall Street, investors have pulled back to consolidate recent hefty gains amid questions about whether stocks have hit their peak for 2009.
Published 07 Sep, 2009 12:00am
Three killed in Nepal bomb blast: police

Three killed in Nepal bomb blast: police

An accidental bomb blast in south-west Nepal killed at least three people including two children, police said Sunday. Police said a former member of the Nepal Army was handling the bomb when it went off.
Published 07 Sep, 2009 12:00am
Tokyo shares likely to take cue from overseas

Tokyo shares likely to take cue from overseas

Tokyo investors are expected to take their cue from overseas, eyeing US economic data and the outcome of a meeting of the Group of 20 finance chiefs, analysts said Friday. The market may see more profit taking amid worries that buoyant markets may have go
Published 07 Sep, 2009 12:00am
Philippines shares may consolidate in tight range

Philippines shares may consolidate in tight range

Philippines shares will consolidate within a tight range in the coming week while investors look to the upcoming release of economic data for possible directions for the market, dealers said on Friday. The composite index moved 1.8 percent or 53.19 points
Published 07 Sep, 2009 12:00am
Indian shares likely to consolidate further

Indian shares likely to consolidate further

India's stock market are likely to consolidate further, tracking global market trends and local manufacturing data next week, dealers said. For the week to September 4, the benchmark 30-share Sensex index fell 1.46 percent, or 233.22 points, to 15,689.12.
Published 07 Sep, 2009 12:00am
Taiwan shares expected to rise on earnings

Taiwan shares expected to rise on earnings

Taiwan share prices are expected to gain on hopes that high-tech firms will report improving August sales data due to a recovery in global demand, dealers said Friday. Investors here are also upbeat about the performance of Wall Street, which appears to b
Published 07 Sep, 2009 12:00am
Malaysian shares likely to make gains

Malaysian shares likely to make gains

Malaysian share prices are expected to make gains amid strong market sentiment in the US and China, analysts said Friday. "If China and Hong Kong do not correct further, based on the positive economic signals from the US, Malaysian stocks look to gain nex
Published 07 Sep, 2009 12:00am
Seoul shares expected to take breather

Seoul shares expected to take breather

South Korea's stock market is expected to take a breather in the coming week with investors awaiting US economic data, analysts said Friday. The KOSPI index closed the week at 1,608.90, up 0.96 points from the previous on Friday. Analysts said investors w
Published 07 Sep, 2009 12:00am
Asian currencies mixed against dollar

Asian currencies mixed against dollar

Asian currencies ended the week mixed against the dollar as dealers awaited a meeting of G20 finance ministers for clues on whether they would scale back emergency stimulus measures. The G20 vowed Saturday to maintain the measures to fight the world econo
Published 07 Sep, 2009 12:00am
London stock market tests key threshold

London stock market tests key threshold

London investors start hoping that the FTSE 100 stock index will push on past the symbolic 5,000-point mark, a threshold not breached since last year, analysts say. "Friday's continued rally by the UK stock market has helped to ease the nerves caused earl
Published 07 Sep, 2009 12:00am
Australian shares to take lead from US jobs

Australian shares to take lead from US jobs

Australian shares are seen taking their lead from key US jobs data in the coming week, with anything other than better than expected results likely to trigger a sell-off, dealers said. The benchmark S&P/ASX 200 slipped 54.1 points, or 1.21 percent over th
Published 07 Sep, 2009 12:00am
Thai bourse likely to face correction

Thai bourse likely to face correction

The Thai stock market is likely to face a correction after weeks of gains, with investor sentiment still fragile, analyst said. The Stock Exchange of Thailand (SET) composite index gained 11.43 points or 1.74 percent over the past week to close on Friday
Published 07 Sep, 2009 12:00am
JGBs retreat before five-year auction, US jobs data

JGBs retreat before five-year auction, US jobs data

Japanese government bonds retreated on Friday, with the lead futures contract sliding from a five-month peak as investors sold on caution before a high-profile US monthly employment report later in the day.
Published 07 Sep, 2009 12:00am
JGBs retreat before five-year auction, US jobs data

JGBs retreat before five-year auction, US jobs data

Japanese government bonds retreated on Friday, with the lead futures contract sliding from a five-month peak as investors sold on caution before a high-profile US monthly employment report later in the day.
Published 07 Sep, 2009 12:00am
Hong Kong shares expected to fluctuate

Hong Kong shares expected to fluctuate

Hong Kong share prices will likely to fluctuate as sentiment is expected to be driven by news on Beijing's foreign investment policy, a dealer said on Friday. For the week ending September 4, the benchmark Hang Seng Index jumped 1.09 percent, or 220 point
Published 07 Sep, 2009 12:00am
Singapore shares may trade firmer

Singapore shares may trade firmer

Singapore shares are likely to trade firmer in the week ahead with sentiment boosted by hopes of a recovery in the local economy, analysts said. The blue chip Straits Times Index closed Friday at 2,622.69 points, down 20.11 points or 0.76 percent from the
Published 07 Sep, 2009 12:00am
Giant Isner stuns Roddick at US Open

Giant Isner stuns Roddick at US Open

Andy Roddick's hopes of a second US Open crown, six years after his first, were blown apart by giant compatriot John Isner on Saturday in the first major upset of the men's tournament. The six-foot-nine-inch (2.03m) product of the US collegiate system stu
Published 07 Sep, 2009 12:00am
Safina and Sharapova downed by US Open teen titans

Safina and Sharapova downed by US Open teen titans

World number one Dinara Safina and three-time Grand Slam champion Maria Sharapova crashed out of the US Open at the hands of teen titans on Saturday, aiding fellow Russian Svetlana Kuznetsova's title bid.
Published 07 Sep, 2009 12:00am
Venus and Clijsters renew rivalry in fourth-round tilt

Venus and Clijsters renew rivalry in fourth-round tilt

Third seed Venus Williams and Kim Clijsters renew a rivalry of former champions when they meet in one of the most eagerly anticipated showdowns at the US Open on Sunday. Clijsters, returning to competition after taking a two-year break to start a family,
Published 07 Sep, 2009 12:00am
Rossi surges to victory at Misano

Rossi surges to victory at Misano

MotoGP leader Valentino Rossi extended his advantage over Yamaha team mate Jorge Lorenzo by winning the San Marino Grand Prix in front of his home crowd on Sunday.
Published 07 Sep, 2009 12:00am
English player union head backs ban on under18 moves

English player union head backs ban on under18 moves

Gordon Taylor, the head of the Professional Footballers' Association, the players' union, on Sunday advocated a ban on transfers for players aged less than 18 amid the fallout of Chelsea's poaching of Gael Kakuta from French side Lens.
Published 07 Sep, 2009 12:00am
France and Portugal stumble on road to South Africa

France and Portugal stumble on road to South Africa

France, the 1998 champions, and equally star-studded Portugal suffered two more potentially fatal stumbles on the road to the World Cup finals on Saturday. The French, who were also runners-up in 2006, were held to a 1-1 draw by Romania in Paris which kep
Published 07 Sep, 2009 12:00am
Fly-past to remind cricket of Lord's WWII role

Fly-past to remind cricket of Lord's WWII role

In June, before their Ashes series victory, the England cricket team paid a two-day visit to Flanders Fields in Belgium, scene of World War One's most bloody battles.
Published 07 Sep, 2009 12:00am
Brilliant Brazil reach World Cup finals

Brilliant Brazil reach World Cup finals

Five-time champions Brazil, inspired by Real Madrid superstar Kaka, qualified for the World Cup finals on Saturday thanks to a 3-1 win over bitter rivals Argentina. The result maintained Brazil's proud record of never having missed a World Cup.
Published 07 Sep, 2009 12:00am
Bahrain, Saudis locked in Asian stalemate

Bahrain, Saudis locked in Asian stalemate

Hosts Bahrain kept their World Cup hopes alive holding Saudi Arabia to a goalless draw in the first-leg of the Asian Zone World Cup qualifying play-off clash here on Saturday. The two neighbouring Gulf states will now clash on Wednesday in the second-leg
Published 07 Sep, 2009 12:00am
Bangladesh remittances hit record in August

Bangladesh remittances hit record in August

Bangladesh received a record $937.91 million in remittances from workers overseas in August, ahead of Eid al-Fitr festival, up 30 percent from a year earlier, central bank officials said on Sunday.
Published 07 Sep, 2009 12:00am
New Zealand house prices recover further: survey

New Zealand house prices recover further: survey

New Zealand house prices showed further signs of recovery in August after a year of sharp declines, data showed on Monday, supporting views the economy is emerging from its longest recession in more than 30 years.
Published 07 Sep, 2009 12:00am
India's budget airlines leave rivals in vapour stream

India's budget airlines leave rivals in vapour stream

India's low-cost airlines are set to go from strength to strength as they grab market share from ailing premier carriers such as Air India, whose debts and losses continue to pile up, experts say. Big airlines such as Jet Airways, Kingfisher and Air India
Published 07 Sep, 2009 12:00am
South Africa to stay on stimulus path: minister

South Africa to stay on stimulus path: minister

South Africa will continue with its stimulus package and will emerge stronger from the recession, Finance Minister Pravin Gordhan said upon his return from the Group of 20 (G20) meeting in London.
Published 07 Sep, 2009 12:00am
Telefonica, Unicom to swap $1 billion in shares

Telefonica, Unicom to swap $1 billion in shares

Spain's Telefonica said on Sunday that it had reached a deal with China Unicom whereby each would buy $1 billion worth of each other's shares as part of a strategic alliance. The Spanish telecoms company said in a regulatory statement that its stake in Un
Published 07 Sep, 2009 12:00am
LG sees near 50 percent jump in 2010 LCD TV sales

LG sees near 50 percent jump in 2010 LCD TV sales

LG Electronics Inc, the world's second-biggest TV brand, expects LCD TV sales to jump nearly 50 percent next year as demand from emerging countries continues to grow robustly, a top executive said.
Published 07 Sep, 2009 12:00am
G20 leaders left to-do list ahead of Pittsburgh summit

G20 leaders left to-do list ahead of Pittsburgh summit

Despite compromises struck at London's G20 finance ministers' meeting Saturday, world leaders still have a lengthy to-do list for boosting the post-crisis world economy at this month's main summit.
Published 07 Sep, 2009 12:00am
French economy seen as stabilising

French economy seen as stabilising

France's economy is expected to stabilise in the third quarter after pulling out of recession, Economy and Finance Minister Christine Lagarde said Sunday. "The economy is slowly stabilising, stopping its decline. We are not going down," Lagarde told Europ
Published 07 Sep, 2009 12:00am
Britain and China to discuss trade and G20

Britain and China to discuss trade and G20

Britain's Business Secretary Peter Mandelson will lead a delegation to China from Sunday to discuss trade and G20 commitments ahead of the group's next meeting in Pittsburgh, the British government said. Mandelson, who is effectively deputy to Prime Minis
Published 07 Sep, 2009 12:00am
UK GDP to fall 4.3 percent in 2009, grow in 2010: BCC

UK GDP to fall 4.3 percent in 2009, grow in 2010: BCC

Britain's economy will shrink by 4.3 percent in 2009 before recovering to grow by 1.1 percent in 2010, the British Chambers of Commerce said in a quarterly update to its forecasts on Sunday.
Published 07 Sep, 2009 12:00am
Suzuki to spend $215 million on new car factory in India

Suzuki to spend $215 million on new car factory in India

Japan's Suzuki Motor said it plans to invest about 20 billion yen ($215 million) to build a new car factory in India, aiming to upgrade its production facilities in the face of growing competition.
Published 07 Sep, 2009 12:00am
AIG sells asset management unit for $500 million

AIG sells asset management unit for $500 million

US insurance giant AIG announced Saturday the sale of part of its investment advisory and asset management business to a subsidiary of Hong Kong-based Pacific Century Group for 500 million dollars. AIG said it would receive a cash payment of 300 million d
Published 07 Sep, 2009 12:00am
British business chiefs upbeat about economy

British business chiefs upbeat about economy

A top British business leaders' network on Sunday said it was upbeat about the country's economic prospects but warned that the chances of a "relapse" were still high. The British Chambers of Commerce (BCC) said it expected gross domestic product (GDP) to
Published 07 Sep, 2009 12:00am
Kuwait to keep Merrill, Citi stakes for now: paper

Kuwait to keep Merrill, Citi stakes for now: paper

Kuwait has no intention of selling its investments in US banks Merrill Lynch and Citigroup, in the short term, its sovereign wealth fund said in a newspaper report published on Sunday.
Published 07 Sep, 2009 12:00am
Lloyds unit faces buyout, mulls capital raising: papers

Lloyds unit faces buyout, mulls capital raising: papers

The managing director of Lloyds' specialist finance arm is considering a management buyout of its integrated finance unit and Lloyds is mulling options to raise cash, two British papers said in separate reports.
Published 07 Sep, 2009 12:00am
Kuwait's Zain near to 46 percent stake sale: TV

Kuwait's Zain near to 46 percent stake sale: TV

Kuwaiti telecom firm Zain is in the final stages of selling 46 percent of the company to a group of Asian investors, in deal that would value the investment at $13.7 billion, Al-Arabiya television reported on Sunday. Zain Chief Executive Saad al Barrak co
Published 07 Sep, 2009 12:00am
WTO approves state loans to Airbus: source

WTO approves state loans to Airbus: source

The World Trade Organisation (WTO) has in principle accepted that European loans to Airbus did not contradict trade rules, an informed source told the German Press Agency dpa on Sunday.
Published 07 Sep, 2009 12:00am
Opec unhappy over oil price: Iran

Opec unhappy over oil price: Iran

Iran, Opec's second largest exporter, predicted on Sunday the cartel will maintain current oil output at its meeting next week, despite producers being unhappy with the prevailing price of crude.
Published 07 Sep, 2009 12:00am
Global stocks rally could be too much too soon: analysts

Global stocks rally could be too much too soon: analysts

Global stock markets may have rallied too far too fast over the last five months as they bounce back from a panic plunge provoked by the collapse of Lehman Brothers investment bank a year ago, analysts warn.
Published 07 Sep, 2009 12:00am
'China's economic stimulus is still needed'

'China's economic stimulus is still needed'

China will stick to its stimulative policy stance because its economic recovery is still not on solid ground, Finance Minister Xie Xuren was quoted as saying by state media on Sunday.
Published 07 Sep, 2009 12:00am
Dublin eyes Allied Irish control in shakeup: report

Dublin eyes Allied Irish control in shakeup: report

Ireland will take a majority stake in Allied Irish Banks as part of a restructuring of the sector in the process of setting up the National Asset Management Agency, a bad bank, the Sunday Tribune reported.
Published 07 Sep, 2009 12:00am
Pfizer agrees to record drug dispute settlement

Pfizer agrees to record drug dispute settlement

Pfizer agreed on September 2 to pay out a record 2.3 billion dollars to settle a high-profile fraud case, pleading guilty to a criminal charge for marketing its painkiller Bextra illegally.
Published 07 Sep, 2009 12:00am
In need of cash, Hollywood looks to India and China

In need of cash, Hollywood looks to India and China

Disney's $4 billion purchase of "Iron Man" moviemaker Marvel Entertainment signals a possible wave of media industry consolidation, but the cash to do deals may come from India or China, not Hollywood or Wall Street.
Published 07 Sep, 2009 12:00am
Toyota hybrid sales reach two-million mark

Toyota hybrid sales reach two-million mark

Toyota Motor said September 4 that global sales of its hybrid vehicles had topped the two-million mark since their launch in 1997, led by the Prius - Japan's top-selling car for the past four months.
Published 07 Sep, 2009 12:00am
BMW expects to increase US sales growth

BMW expects to increase US sales growth

BMW, the world's largest premium carmaker, expects to post US sales growth in the last four months of 2009 as the economy shows signs of coming out of the worst part of the recession, the head of its US operations said on September 1.
Published 07 Sep, 2009 12:00am
India's rich aim for fixed returns, shy risk: Deutsche

India's rich aim for fixed returns, shy risk: Deutsche

Deutsche Bank sees little appetite for riskier assets among India's rich despite a more than 60 percent rebound in the domestic stock market this year, a top executive said on September 4. Ajay Bagga, head of the German bank's Indian wealth management arm
Published 07 Sep, 2009 12:00am
Dubai's Istithmar working on Barneys finances

Dubai's Istithmar working on Barneys finances

Dubai's Istithmar World is working to improve Barneys New York's financial situation and is committed to the retailer despite tough market conditions, the Dubai-based group said on September 1.
Published 07 Sep, 2009 12:00am
Panasonic Europe upbeat on TV, fridge sales

Panasonic Europe upbeat on TV, fridge sales

Panasonic is betting its flat-panel TVs and household appliances will get European consumers to open their wallets, on the back of brisk demand in August and promising retail orders for September. "The summer was good for us," Laurent Abadie, Chief Execut
Published 07 Sep, 2009 12:00am
British e-reader company in partnership with Google Books

British e-reader company in partnership with Google Books

Interead, the British company behind the COOL-ER electronic reader, announced a partnership with Google on September 2 to add more than one million public domain books to its online bookstore. Interead said out-of-copyright works scanned by the Internet g
Published 07 Sep, 2009 12:00am
Ford auto sales up 17 percent in August

Ford auto sales up 17 percent in August

Ford Motor Co posted a 17 percent jump in US sales in August fuelled by the popular government-funded "Cash for Clunkers" program, the automaker said on September 1. The substantial improvement follows an increase of 2.3 percent in July - Ford's first yea
Published 07 Sep, 2009 12:00am
Google adds nine more languages to automatic translation

Google adds nine more languages to automatic translation

Internet giant Google announced on August 31 that it was adding nine more languages to Google Translate, its automatic translation programme. The Mountain View, California-based Company, in a blog post, said Google Translate was now available in Afrikaans
Published 07 Sep, 2009 12:00am
Sony to roll out 3D TV next year

Sony to roll out 3D TV next year

Japanese electronics giant Sony said on September 2 it aimed to bring 3D television screens into homes next year, a technology usually found in the cinema at present. Sony said on the margins of the IFA - the world's largest consumer electronics fair whic
Published 07 Sep, 2009 12:00am
Apple to hold media event on September 9

Apple to hold media event on September 9

Apple, with its usual air of mystery, announced on Monday that it would hold a media event next week but did not reveal what it would be about. An invitation sent to journalists inviting them to the September 9 event in San Francisco featured a picture of
Published 07 Sep, 2009 12:00am
Samsung to open smartphone download store in Europe

Samsung to open smartphone download store in Europe

Samsung Electronics Co Ltd, the world's second-largest mobile phone maker, said on Monday it would open an online store for smartphone applications on September 14 in Europe. Handset makers world-wide are following the success of Apple's App Store, creati
Published 07 Sep, 2009 12:00am
Opera launches new software Internet browser

Opera launches new software Internet browser

Norway's Opera Software on September 1 released a new version of its browser, Opera 10, promising faster downloads, new design and new features. Opera battles for the spot of third-largest browser maker with Google's Chrome and Apple's Safari, but is far
Published 07 Sep, 2009 12:00am
Mobile Internet usage to reach 39 percent by 2014

Mobile Internet usage to reach 39 percent by 2014

More than a third of consumers in Western Europe will access the Internet using their mobile phones by 2014, according to a research report published by Forrester Research on August 31. According to the study, mobile Internet adoption is set to grow to 39
Published 07 Sep, 2009 12:00am
Sony PCs to offer Google Web browser

Sony PCs to offer Google Web browser

Google Inc is shipping its Chrome browser with Sony Corp PCs, sealing the Internet company's first such deal since it introduced the Web browser last year to compete with Microsoft. The deal could expand the reach of Google's fledgling product, which lags
Published 07 Sep, 2009 12:00am
Mobile ride-sharing technology in the offing

Mobile ride-sharing technology in the offing

Hitchhikers have always used their thumbs to get a ride. Now a new invention aims to update the technique - allowing mobile phone users to dial-a-driver.
Published 07 Sep, 2009 12:00am
'Windows Phones' coming in October

'Windows Phones' coming in October

Microsoft, seeking to tap into the rapidly growing smartphone market, announced on September 1 that new cellphones coming in October will feature an upgraded mobile operating system.
Published 07 Sep, 2009 12:00am
Computer algorithm to decipher ancient texts

Computer algorithm to decipher ancient texts

Researchers in Israel say they have developed a computer programme that can decipher previously unreadable ancient texts and possibly lead the way to a Google-like search engine for historical documents. The programme uses a pattern recognition algorithm
Published 07 Sep, 2009 12:00am
Sprint, HTC to release Android phone in October

Sprint, HTC to release Android phone in October

US wireless carrier Sprint Nextel and Taiwan's HTC Corp announced plans on September 3 to release a touch-screen mobile phone in October powered by Google's Android software.
Published 07 Sep, 2009 12:00am
Most people can't live without cellphones

Most people can't live without cellphones

Cellphone feels like a part of your body? A global survey has found that most people can't live without their mobiles, never leave home without them and, if given a choice, would rather lose their wallet. Calling mobile phones the "remote control" for lif
Published 07 Sep, 2009 12:00am
New iPhone application tracks disease outbreaks

New iPhone application tracks disease outbreaks

Apple iPhone owners wondering if there is a case of swine flu nearby can now find out instantly with a new programme that tracks outbreaks of infectious diseases. "Outbreaks Near Me" is an application for the popular smartphone developed by researchers at
Published 07 Sep, 2009 12:00am
Try nature, not technology, to fix economic woes: UNEP

Try nature, not technology, to fix economic woes: UNEP

The world is waking up to huge economic benefits of investing in nature, from forests to coral reefs, after one of the "great oversights" of the 20th century, the head of the UN Environment Programme said on September 4.
Published 07 Sep, 2009 12:00am
Small bites help you cut calories

Small bites help you cut calories

Eating smaller sized bites and savouring them in your mouth a little longer may help cut food intake. Previous studies have shown that eating smaller bites may slow down eating, but doesn't necessarily have an effect on overall food intake.
Published 07 Sep, 2009 12:00am
Sea levels could rise more than a metre by 2100: WWF

Sea levels could rise more than a metre by 2100: WWF

The world's seas could rise by more than a metre (3 feet) by 2100 as the melting Arctic has an impact on weather across the planet, the environmental group WWW said in a report on September 2. That projection, roughly twice the sea-level rise cited in UN
Published 07 Sep, 2009 12:00am
H1N1 unlikely to mutate into 'superbug'

H1N1 unlikely to mutate into 'superbug'

The new H1N1 virus appears to outcompete seasonal flu, making it less likely to mix with other circulating flu viruses into a "superbug" as some had feared, US researchers said on September 1.
Published 07 Sep, 2009 12:00am
Daily aspirin could do more harm than good

Daily aspirin could do more harm than good

Healthy people taking a daily dose of aspirin to prevent heart attacks may be doing themselves more harm than good, according to a new study by British scientists. Researchers found that the risks of bleeding from taking aspirin were such that its routine
Published 07 Sep, 2009 12:00am
Nitrous oxide is top destroyer of ozone layer

Nitrous oxide is top destroyer of ozone layer

Nitrous oxide emissions caused by human activity have become the largest contributor to ozone depletion and are likely to remain so for the rest of the 21st century, a US study has concluded. The study by the National Oceanographic and Atmospheric Agency
Published 07 Sep, 2009 12:00am
People won't change lifestyle for planet

People won't change lifestyle for planet

People want to save the planet but are unwilling to make radical lifestyle changes like giving up air travel or red meat to reduce the effects of climate change, a straw poll by Reuters showed.
Published 07 Sep, 2009 12:00am
Swedish foreign minister's visit to Israel postponed, Israel confirms

Swedish foreign minister's visit to Israel postponed, Israel confirms

An intended visit to Israel by Swedish Foreign Minister Carl Bildt has been postponed indefinitely, an Israeli Foreign Ministry spokesman said Sunday, amid continuing tension over a Swedish newspaper report alleging that Israel harvested the organs of dea
Published 07 Sep, 2009 12:00am
Mobile phone towers a threat to honey bees

Mobile phone towers a threat to honey bees

The electromagnetic waves emitted by mobile phone towers and cellphones can pose a threat to honey bees, a study published in India has concluded. An experiment conducted in the southern state of Kerala found that a sudden fall in the bee population was c
Published 07 Sep, 2009 12:00am
Palestinian-Israeli prisoner swap in early stages: Meshaal

Palestinian-Israeli prisoner swap in early stages: Meshaal

Hamas supremo Khaled Meshaal confirmed on Sunday that Germany is mediating an Israeli-Palestinian prisoner swap that would include Israeli soldier Gilad Shalit but stressed the bid is in its early stages.
Published 07 Sep, 2009 12:00am
Iran's new prosecutor urged to free journalists: website

Iran's new prosecutor urged to free journalists: website

More than 300 Iranian media workers and activists have urged Tehran's new prosecutor to free detained journalists and lift a ban on newspapers closed down by his hard-line predecessor, a reformist website said.
Published 07 Sep, 2009 12:00am
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