UBS to name 5,000 accounts under U.S. deal: paper
The deal initialed last week between the United States and Switzerland over UBS will involve the disclosure of around 5,000 holders of secret Swiss accounts, weekly newspaper NZZ am Sonntag said on Sunday. Read Full Article here.
IBM uses DNA to make next-gen microchips
International Business Machines Corp is looking to the building blocks of our bodies -- DNA -- to be the structure of next-generation microchips. Read Full Article here.
Doha deal could boost world GDP $300-700 billion: study
A successful Doha round trade deal could boost the global economy by $300-700 billion a year, a study by the Peterson Institute for International Economics said. Read Full Article here.
Britain may tighten laws on bankers' pay: Darling
The British government is prepared to tighten the laws on bankers' pay and bonuses if companies continue to reward excessive risk-taking, finance minister Alistair Darling told the Sunday Times newspaper. Read Full Article here.
Porsche, VW might merge before 2011: report
German carmakers Porsche and Volkswagen might merge in 2010 already instead of 2011 as currently planned, German newspaper Die Welt reported, citing VW's finance chief. Read Full Article here. Read Full Article here.
Alien action film District 9 tops box office
District 9, a gritty, low-budget space alien movie set in South Africa with a cast of unknowns, opened as Hollywood's No. 1 film, grossing more at the box office its first weekend than it cost to make. Read Full Article here.
Usain Bolt shatters 100m world record in 9.58 seconds
Usain Bolt of Jamaica shattered his own world record in the 100 meters dash on Sunday with a time of 9.58 seconds at the World Championships in Berlin. Read Full Article here.