Aftershocks rock China as toll rises - HotNews

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Postbank sale may fail over target price: report (Reuters)

Reuters - The sale of Germany's biggest retail bank Deutsche Postbank could fail because the price potential bidders are willing to pay does not meet the expectations of the lender's parent, Deutsche Post, a German magazine reported on Saturday.

Auto sector woes could spur deals: Renault CEO (Reuters)

Reuters - A current slump in the global automotive sector could give fresh impetus to plans for consolidation within the industry, the head of French carmaker Renault said on Saturday.

BCE buyers finalize funding (Reuters)

Reuters - Announcing what it said were "essential milestones" allowing the world's largest leveraged buyout to go ahead, BCE Inc said on Friday that its buyers had finalized funding and were sticking to their C$34.8-billion ($34.1 billion) purchase price.

Hyundai union calls for work stoppage next week (Reuters)

Reuters - Unionized employees of Hyundai Motor Co (005380.KS) will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday.

Alabama likely site of new VW plant: report (Reuters)
Reuters - Alabama will be the likely home of a new Volkswagen manufacturing plant, beating two other states, German industry newsletter Automobilwoche said on Saturday, citing senior company sources.

Smooth sailing for yacht builders despite economy (AP)

AP - Fuel prices are soaring and credit markets tightening, but the super-rich are still lining up to pay tens of millions of dollars for mega yachts.

BEICHUAN, China (Reuters) - Thousands of soldiers and families looking for missing kin streamed into one of the worst affected areas of China's massive earthquake on Sunday, as a strong new aftershock hit and the death toll neared 30,000.

By Chris BuckleyBEICHUAN, China (Reuters) - Thousands of soldiers and families looking for missing kin streamed into one of the worst affected areas of China's massive earthquake on Sunday, as a strong new aftershock hit and the death toll neared 30,000.Rescue workers have plucked more than 60 more survivors from the rubble following Monday's quake in the southwestern Chinese province of Sichuan, even as hopes fade for the estimated 10,000 people or so still trapped under the rubble.The United States Geological Survey reported a tremor of 6.1 magnitude early on Sunday centered 80 km (50 miles) west of Guangyuan, the latest in a series of aftershocks to hit Sichuan.The official Xinhua news agency said there was no immediate word of additional damage or casualties in the area.In the provincial capital, Chengdu, some 200 km south of the new tremor's epicenter, buildings swayed and people rushed out into the streets, risking a soaking from a passing storm.But nuclear facilities close to the affected zone, including China's chief nuclear weapons research lab, are "all in a safe and controllable state", Xinhua said.In Beichuan, hard hit by the quake and which many people fled on Saturday following warnings a dam may collapse, worried relatives quarreled with police who tried to prevent them entering the area, citing safety reasons."I've traveled all this way, and I don't know where my father is," said Chen Shiquan, who had come back from the neighboring province of Qinghai where he works to look for this father, Chen Xiaoqu.

Other news from HotNews category:

Afghan president orders probe into civilian deaths - 06, Jul 2008
KABUL (Reuters) - Afghan President Hamid Karzai has ordered an investigation into a U.S.-led coalition airstrike that local officials say killed 15 civilians, but the U.S. military says killed only armed Taliban militants.

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Lebanese leaders close to government deal - 06, Jul 2008
BEIRUT (Reuters) - Lebanese leaders are finalizing a deal on the formation of a national unity government as stipulated in an agreement that ended the country's political crisis, political sources said on Saturday.

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Protests as G8 gathers for diplomacy - 06, Jul 2008
TOYAKO, Japan (Reuters) - Leaders of the Group of Eight rich nations meet this week in northern Japan to grapple with a raft of problems from soaring food and fuel prices to African poverty and global warming amid doubts about how much the annual diplomat
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Iran vows to pursue nuclear work - 06, Jul 2008
TEHRAN (Reuters) - Iran vowed on Saturday to pursue its uranium enrichment program, a day after delivering its response to an incentives package by world powers trying to curb its nuclear ambitions.

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Film shows Zimbabwe vote rigged: report - 06, Jul 2008
LONDON (Reuters) - A film secretly taken by a Zimbabwe prison guard and smuggled out of the country shows the extent of the rigging that took place for the June 27 presidential run-off vote, the Guardian said on Saturday.

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California's wildfire in check -- for now - 06, Jul 2008
SAN FRANCISCO (Reuters) - Firefighters in California have fended off a blaze threatening more than 3,000 homes in and around the coastal town of Goleta and are turning their attention to preventing its spread toward the nearby picturesque city of Santa Ba
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Obama "puzzled" by Iraq comment frenzy - 06, Jul 2008
ST. LOUIS (Reuters) - Democratic presidential candidate Barack Obama said on Saturday his plan to end the Iraq war was unchanged and he was puzzled by the sharp reaction to his statement this week that he might "refine" his timetable for withdrawing U.S.
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Big protest planned for Seoul against beef and Lee - 05, Jul 2008
SEOUL (Reuters) - South Korean police said they expect about 35,000 to gather on Saturday for a protest against a U.S. beef import deal and the polices of the new president, whose government has faced a crisis due to the weeks of street rallies.

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Firefighters hold line on two California wildfires - 05, Jul 2008
LOS ANGELES (Reuters) - Exhausted California firefighters worked on Friday to contain two wildfires threatening homes along the coast before sundown, when shifting winds were expected to give the blazes more power.

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Former Senator Jesse Helms dies at 86 - 05, Jul 2008
WASHINGTON (Reuters) - Jesse Helms, a die-hard anti-communist firebrand who championed a wide range of conservative causes in his 30 years in the U.S. Senate, died early on Friday, aged 86, his foundation said.

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Software News

'Containers' Out Perform Virtualization For KV Pharmaceuticals (TechWeb)
TechWeb - InformationWeek - With a container approach from Parallels' Virtuozzo, memory consumption and processor overhead are reduced through the use of one operating system per host.

Nokia 6220 Smartphone Released (TechWeb)
TechWeb - InformationWeek - The Nokia 6220 classic design includes 3G connectivity, compatibility with Microsoft Office applications, Bluetooth capabilities, and a 5-megapixel camera.

Microsoft Hopes Office Subscription Plan Will Counter Free Software (TechWeb)
TechWeb - InformationWeek - Microsoft is counting on Equipt's convenience factor to help it fend off threats from Google, IBM, and others that are offering free desktop productivity suites.

Three Startups To Solve SaaS Integration Problems (TechWeb)
TechWeb - InformationWeek - Boomi, SnapLogic, and Cast Iron are rolling out new offerings designed to help companies integrate software running in the cloud with onsite software.

Blogger Opinion: Why We Left NetSuite (NewsFactor)
NewsFactor - I first met our solution provider, Ray Tetlow, the founder of Skyytek, on the Oracle Small Business (OSB from now on) user forum. At the time we were struggling with version 7 of OSB. It was really incomplete and badly tested software. Not only was it painfully slow, but also a lot of the features on which we based our purchasing decision just did not work.

Krugle enhances code search appliance (InfoWorld)
InfoWorld - Krugle plans to ship next week an upgrade to its search appliance for enterprise software development projects, which makes it easier for teams of developers to maintain code.

Afghan president orders probe into civilian deaths - 06, Jul 2008

Lebanese leaders close to government deal - 06, Jul 2008

Protests as G8 gathers for diplomacy - 06, Jul 2008

Iran vows to pursue nuclear work - 06, Jul 2008

Film shows Zimbabwe vote rigged: report - 06, Jul 2008

California's wildfire in check -- for now - 06, Jul 2008

Obama "puzzled" by Iraq comment frenzy - 06, Jul 2008

Big protest planned for Seoul against beef and Lee - 05, Jul 2008

Firefighters hold line on two California wildfires - 05, Jul 2008

Former Senator Jesse Helms dies at 86 - 05, Jul 2008