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Business News
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.
James fires as Cavaliers lock up series - 13, May 2008

NEW YORK (Reuters) - LeBron James led the Cleveland Cavaliers to an 88-77 home win over the Boston Celtics on Monday, tying up their Eastern Conference series at 2-2.



NEW YORK (Reuters) - LeBron James led the Cleveland Cavaliers to an 88-77 home win over the Boston Celtics on Monday, tying up their Eastern Conference series at 2-2.The Cavaliers held the Celtics to 12 points in the fourth quarter and James had 21 points and 13 assists, effectively clinching victory with a slam dunk 1:45 from time to put his team ahead by nine."I just wanted to be aggressive," James told reporters. "I hadn't had a play like that in the series. ... (It) put an exclamation point on the game. That was the play we needed as a team."The series returns to Boston on Wednesday.Kevin Garnett led the Celtics with 15 points and 10 rebounds. Rajon Ray and Ray Allen also scored 15 points.The loss was the fifth consecutive road defeat for Boston in the playoffs.The Cavaliers' defense held the Celtics to their lowest shooting performance of the post-season, 38.6 per cent, while the offense did not commit a turnover in the final 18 minutes."They are one of the best defensive teams in the league," Boston's Paul Pierce said. "They force you to drive or take tough outside shots and then their big men collapse. We have to do a better job with the extra pass."Cleveland, winner of two home games after losing twice in Boston, pulled away in the final quarter with a 17-8 run. 





(c) 2008 Reuters
Other news from Sport category:

  1. Goucher upset despite double success - 06, Jul 2008

    EUGENE, Oregon (Reuters) - Distance runner Kara Goucher qualified for a second event at the U.S. Olympic trials on Friday, but her joy was tinged with sadness after her husband failed to join her in the squad for next month's Beijing Games.

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  2. Federer says Nadal has made him tougher - 06, Jul 2008

    LONDON (Reuters) - Roger Federer said on Saturday his Wimbledon final opponent Rafael Nadal had made him a tougher player because of their great rivalry.

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  3. Gay crashes out of 200m trials - 06, Jul 2008

    EUGENE, Oregon (Reuters) - World champion Tyson Gay's dream of an Olympics double ended in pain when he crashed out of the U.S. 200 meters quarter-finals on Saturday.

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  4. Spitz ready to see record fall to Phelps - 05, Jul 2008

    OMAHA, Nebraska (Reuters) - Mark Spitz believes not only will Michael Phelps better his record of seven gold medals at a single Olympics next month in Beijing but he will do it breathtaking style.

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  5. Phelps, Torres and Peirsol light up Olympic trials - 05, Jul 2008

    OMAHA, Nebraska (Reuters) - Michael Phelps roared to another world record, Aaron Peirsol equaled one and Dara Torres had a swim for the ages as the U.S. Olympic trials produced plenty of Independence Day fireworks on Friday.

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  6. Gay, Felix ease into next rounds at trials - 05, Jul 2008

    EUGENE, Oregon (Reuters) - World champion Tyson Gay eased through the opening round of 200 meters qualifying at the U.S. Olympic trials on Friday, winning his heat in a comfortable 20.43 seconds.

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  7. Evergreen Torres battles odds to reach 5th Olympics - 05, Jul 2008

    OMAHA, Nebraska (Reuters) - Dara Torres' family seemed to get a whole lot bigger on Friday after the 41-year-old mother clinched a spot at her fifth Olympics with an inspiring win in the 100 meters freestyle at the U.S. trials.

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  8. Pernice fires 63 to grab share of AT&T lead - 05, Jul 2008

    BETHESDA, Maryland (Reuters) - Tom Pernice shot a sizzling seven-under-par 63 to seize a share of the lead with compatriot Jeff Overton after the second round of the AT&T National at Congressional Country Club Friday.

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  9. Victorino lifts Phillies to win over Mets - 05, Jul 2008

    PHILADELPHIA (Reuters) - Shane Victorino came through with a game-winning RBI single in the bottom of the ninth inning to help the Philadelphia Phillies cap a two-out rally and defeat the visiting New York Mets 3-2 on Friday.

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  10. Nadal ends Schuettler's surprise run - 05, Jul 2008

    LONDON (Reuters) - French Open champion Rafael Nadal set up a third successive Wimbledon final with holder Roger Federer when he ended the surprise run to the last four of unseeded German Rainer Schuettler 6-1 7-6 6-4 on Friday.

    More

 
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.
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