North Korea to cooperate on nuclear verification: U.S. - 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.

WASHINGTON (Reuters) - North Korea has agreed to cooperate fully on verifying its nuclear declaration, a U.S. official said on Tuesday as he displayed some of the 18,822 documents Pyongyang has given Washington about its plutonium program.

By Arshad MohammedWASHINGTON (Reuters) - North Korea has agreed to cooperate fully on verifying its nuclear declaration, a U.S. official said on Tuesday as he displayed some of the 18,822 documents Pyongyang has given Washington about its plutonium program.Obtaining the documents last week was a victory for the Bush administration, which has struggled to persuade the secretive communist nation to produce a "complete and correct" declaration of its nuclear programs that was due on December 31.The declaration is part of a broader multilateral deal under which North Korea, which detonated an atomic device in October 2006, would abandon all its nuclear programs in exchange for economic and diplomatic incentives.Sung Kim, the U.S. State Department's top Korea expert, told reporters that U.S. and North Korean officials had productive talks about elements of the declaration, which Pyongyang is required to make under the so-called six-party agreement.The agreement was struck by the two Koreas, China, Japan, Russia and the United States."We had very detailed, substantive discussions with DPRK (North Korea) interlocutors from the Foreign Ministry, as well as the General Department of Atomic Energy, on all aspects of their declaration," Kim said."The North Koreans acknowledged the requirement for verification and indeed agreed to cooperate fully with verification activities," he said as he held up a sheaf of documents about North Korea's plutonium-related activities.He said he hoped U.S. experts would have a preliminary assessment of the documents -- which are written in Korean and filled seven boxes -- in a few weeks.

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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)
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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)
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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.

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