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

A woman walks past a Postbank branch in Frankfurt, Germany, June 17, 2004. (Alex Grimm/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)

Nissan Motor Co and Renault SA's Chief Executive Carlos Ghosn listens to a question during a news conference in Yokohama, south of Tokyo June 25, 2008. (Yuriko Nakao/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)

A sign is seen outside the offices of BCE Inc., Canada's largest telecoms group, in Montreal, May 21, 2008. (Shaun Best/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)

An employee talks on a phone at a Hyundai automobile shop in Seoul April 24, 2008. Unionized employees of Hyundai Motor Co will walk off the job for four hours next week to push for a pay increase, the auto maker's union said on Saturday. (Jo Yong-Hak/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)

Workers continue preparations on a super yacht at Trinity Boats in New Orleans, Tuesday, April 29, 2008. These days at New Orleans-based Trinity Yachts, the largest domestic builder, the biggest problems are having enough workers and enough time to handle the 24 custom contracts the company has for the luxury vessels. 'Nobody is buying these yachts because they need them,' said William S. Smith III, Trinity's vice president. 'They're buying them because they want them.' (AP Photo/Dave Martin)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.
China quake kills nearly 9,000, toll likely to soar - 12, May 2008

CHONGQING, China (Reuters) - China's most devastating earthquake in three decades killed nearly 9,000 people on Monday, with the toll likely to soar as authorities struggle to reach casualties in large areas cut off from relief.



By Ben BlanchardCHONGQING, China (Reuters) - China's most devastating earthquake in three decades killed nearly 9,000 people on Monday, with the toll likely to soar as authorities struggle to reach casualties in large areas cut off from relief.The earthquake that hit China's southwestern province of Sichuan killed 8,533 people, the official Xinhua news agency said on Monday, citing the provincial government.The epicenter of the 7.8 magnitude quake was in a mountainous region about 100 km from Sichuan's capital Chengdu, a bustling city of 10 million."The road started swaying as I was driving. Rocks fell from the mountains, with dust darkening the sky over the valley," a driver for Sichuan's seismological bureau was quoted by Xinhua as saying, as he was driving near the epicenter.The quake hit in the middle of the school day, toppling eight schools in the region. Chemical plants and at least one hospital were also flattened, trapping many hundreds, state media said.About 900 teenagers were buried in the rubble of a collapsed three-storey school building in the Sichuan city of Dujiangyan.Local villagers had already helped dozens of students out of the ruins and five cranes were excavating the site as anxious parents looked on, Xinhua said."Some buried teenagers were struggling to break loose from underneath the ruins while others were crying out for help," the agency said. 





(c) 2008 Reuters
Other news from HotNews category:

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  2. Protests as G8 gathers for diplomacy - 06, Jul 2008

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  3. Iran vows to pursue nuclear work - 06, Jul 2008

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

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

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  6. 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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  7. 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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  8. 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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  9. 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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  10. Colombia shows rescue video - 05, Jul 2008

    BOGOTA/PARIS (Reuters) - Colombia showed a video on Friday of the rescue of Ingrid Betancourt and 14 other hostages where their anger turned to ecstasy as theater-trained military agents duped and overpowered leftist rebels.

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Microsoft Hopes Office Subscription Plan Will Counter Free Software (TechWeb)
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Three Startups To Solve SaaS Integration Problems (TechWeb)
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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.
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