| Business News |
HP in talks to buy EDS to compete with IBM
(Reuters)
 Reuters - Hewlett-Packard Co
is in talks to buy technology outsourcing company
Electronic Data Systems Corp for $12 billion to $13
billion in a deal which would vault it to a close second to IBM
in technology services.
|
AIG sees no need to honor ex-CEO request to delay AGM
(Reuters)
 Reuters - Maurice "Hank" Greenberg, former chief
executive of American International Group , has said the
insurer is in "crisis" and urged a delay in its annual general
meeting scheduled for Wednesday, according to a letter he sent
to the board.
|
Australia's Westpac bids $17.6 billion for St George
(Reuters)
 Reuters - Westpac Banking Corp Ltd
launched a $17.6 billion all-share bid for smaller rival St
George Bank Ltd in a tie-up that would create
Australia's biggest bank by market value.
|
Nissan operating profit falls 14 percent
(Reuters)
 Reuters - Nissan Motor Co (7201.T) reported a 13.7
percent drop in fourth quarter operating profit on Tuesday and
forecast a sharp fall in annual profits this year due to a
weaker dollar, rising commodities prices and sinking U.S.
demand.
|
SocGen net profit falls 23 pct, beats consensus
(Reuters)
 Reuters - Societe Generale , the French
bank hit by the world's worst rogue trader scandal, reported a
23.4 percent fall in first quarter net profit although earnings
came in above the average market forecast.
|
Survey: 1 in 10 boomers borrowing for everyday expenses
(AP)
AP - The economic downturn is hitting roughly one in 10 middle-aged and older Americans especially hard, compelling them to borrow money for everyday living expenses and to seek help from family, friends or charities, according to a survey released Tuesday by the AARP.
|
|
| Pakistan new govt. opposed to U.S. action on its soil - 09, May 2008 |
By Zeeshan Haider
ISLAMABAD (Reuters) - Pakistan's new government is trying to convince the United States that unilateral strikes against al Qaeda militants on its territory could be "counter-productive", the country's foreign minister said on Friday.
Pakistan is a staunch partner in the U.S.-led war against the al Qaeda and Taliban, but there is widespread public opposition to this campaign, particularly in the tribal areas on the Afghan border regarded as safe havens for the militants.
U.S. forces have used drones to fire missiles at militants on the Pakistani side of the border several times in recent years.
Foreign Minister Shah Mehmood Qureshi said Pakistan would continue its support for the international campaign against the militants, but could not condone actions by foreign forces on its soil.
"Direct intervention, hot pursuit; we are not supportive of it yesterday, we are not supportive of it today," he told the Senate, parliament's upper house, while outlining the foreign policy of the new coalition which assumed office last month.
"We are convincing our friends and we want to convince them that we cannot allow this strategy and it will not be productive. This strategy will be counter-productive."
Qureshi said only Pakistani security forces were authorized to take action against militants on its territory.
The government is very sensitive to allowing foreign troops to operate on its soil because of fears that it could stoke reprisals from the fiercely-independent Pashtun tribes living in the border regions.
(c) 2008 Reuters
|
| Other news from HotNews category: |
-
CHARLESTON, West Virginia (Reuters) - Democratic front-runner Barack Obama made a quick stop in West Virginia on Monday ahead of an expected bad loss there to White House rival Hillary Clinton, but he was already looking past the contest to November's fig
More
-
WASHINGTON (Reuters) - Heavy marijuana use can boost blood levels of a particular protein, perhaps raising a person's risk of a heart attack or stroke, U.S. government researchers said on Tuesday.
More
-
WASHINGTON (Reuters) - President George W. Bush heads back to the Middle East on Tuesday facing broad skepticism over his chances of securing an Israeli-Palestinian peace deal before he leaves office in less than nine months.
More
-
WASHINGTON (Reuters) - The United States announced on Monday it had revived a program offering rewards of up to $5 million a head for information leading to the arrest of 13 suspects in Rwanda's genocide.
More
-
BEIRUT (Reuters) - Lebanon's army began taking steps on Tuesday to stop gunmen and groups from illegally carrying arms and to end -- by force if necessary -- a week of fighting between Hezbollah fighters and pro-government gunmen.
More
-
WASHINGTON (Reuters) - Presumptive Republican presidential nominee John McCain remains a strong candidate despite a gloomy national mood and record low ratings for President George W. Bush, according to a Washington Post-ABC New poll released on Monday.
More
-
YANGON (Reuters) - Two more American aid flights were due to leave for cyclone-hit Myanmar on Tuesday where the reclusive military government is keeping most foreign aid workers away from the devastated Irrawaddy delta.
More
-
DUJIANGYAN, China (Reuters) - Heavy rainfall and wrecked roads hampered rescuers' efforts to reach the areas hardest-hit by China's worst earthquake in three decades on Tuesday as the death toll rose to nearly 10,000.
More
-
CHARLESTON, West Virginia (Reuters) - Democratic front-runner Barack Obama made a brief stop in West Virginia on Monday before an expected bad loss there to rival Hillary Clinton, but looked past the contest to plan for November's presidential campaign.
More
-
BEIRUT (Reuters) - Lebanon's army said it will use force from Tuesday to stop fighting in the country between pro- and anti-government forces that has recalled the 1975-90 civil war.
More
|
|
| Software News |
Microsoft software gives free tours of space
(Reuters)
 Reuters - Any Star Trek fan knows that space
travel is not always easy, but Microsoft Corp wants to make
traveling the "final frontier" as simple as turning on your
computer.
|
SOA Software buys LogicLibrary
(InfoWorld)
InfoWorld - Matching up critical components in the SOA space, SOA Software, which provides SOA governance automation, said Monday it has acquired SOA repository and governance vendor LogicLibrary.
|
Microsoft readies service packs for dev tools
(InfoWorld)
InfoWorld - Microsoft released Monday beta versions of separate service packs for the Visual Studio 2008 software development platform and the accompanying .Net Framework 3.5, a Microsoft official said in a blog.
|
Google's Friend Connect To Spread Social Data
(TechWeb)
TechWeb - InformationWeek - The software is part of an emerging set of technologies like OpenID, OAuth, OpenSocial, and the data access APIs published by Facebook, Google, and MySpace.
|
Three Charged in Dave & Buster's Hacking Job
(PC World)
PC World - It may not have been the greatest hack ever, but police say the malicious software sneaked onto restaurant chain Dave &...
|
Windows XP SP3 Woes Especially Affect AMD Systems
(NewsFactor)
NewsFactor - Users who thought the Windows XP operating system would be more reliable than its younger sibling Vista are being buffeted by reports that the latest update for XP, Service Pack 3, has its own problems.
|
|
