IBT Staff Reporter

152941-152970 (out of 154954)

Google Launches Online Literary Project

Google launched a new program to promote literacy by harnessing the power of the internet, aggregating books maps, blogs and video together to assist teachers and educators.

Steve Jobs to Retain CEO Title: Analysts

Apple Computer announced the results of its internal stock options investigation on Wednesday, finding 15 instances option-backdating leading to the resignation of the firms CFO, however experts believe Steve Jobs should not be affected.

Barclay's Staffs Resume Work But Talks Continue

Striking workers of Barclays Bank Ghana yesterday resumed work following a resolution of grievances of workers at a meeting between the workers' representatives, the Management in the presence of National Labour Commission (NLC) and the Trades Union Congress (TUC).

Why the East African Community Needs Rwanda

The debate on whether or not Rwanda and Burundi should be included in the East African Community (EAC) has existed since the concept of re-igniting the regional union several years ago. Internally, the will to federate in East Africa has always seemed crippled by instincts of self preservation arising out fear of domination by a 'superior state' over 'weaker' ones.

Surprise MTN Move to Boost Nigerian Stake

MTN is spending $348,9m to bump up its shareholding in MTN Nigeria by buying out some of the minority investors. It will pay $287,8m in cash and issue 6-million shares in the parent company to take an extra 6,98% in the Nigerian subsidiary, giving it an 81,87% share.

HK building sale surge 29.8% September

11,260 sale and purchase agreements of all types of building units were subscribed in September, an surge of 29.8% on August and a rise of 29.3% on the same period last year, Hong Kong Land Registry said.

HK shares record new high in six years

Hong Kong shares yestoday rose 22 pcts to close at 17,629, recording a new high point in six year for 5 consecutive increasing days; while the market value of HK shares aslo broke the historic record......

Shui On Land jumps 10 pct on debut

Shui On Land, a Shanghai-based property developer, gave brokers a surprise - its shares climbed 10.28% on their Hong Kong trading debut Wednesday.

GM, Renault and Nissan Talks Fizzle

General Motors, the world's largest carmaker, said together with Renault and Nissan on Wednesday, that they have collectively agreed to end talks on a possible alliance. While significant synergies could be realized, the companies could not agree how best to distribute the benefits of their cooperation.

Bernanke: U.S. Should Save More

Federal Reserve Bank Chief Ben Bernanke said on Wednesday there is a need for U.S. consumers to save more money. However he added that “no silver bullet” has yet been found for a way to increase household savings.

European Firms Guilty in Lesotho Water Project

Three European companies were found guilty of fraud in a major development project in southern Africa by a Lesotho judiciary. The companies were fined a total of $5.6 million (€4.4 million) on Wednesday.

Yahoo Connects Advertisers to Mobile Users

Search leader Yahoo Inc. announced on Wednesday that it is expanding its mobile search services to include sponsored search results, connecting its advertisers directly with mobile users.

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