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Top Business and Economy Stories:
BBC Business
Food prices drive China inflation
China's consumer price inflation nears a 12-year high in April, as the cost of food continues to take its toll.

HSBC in new sub-prime writedown
HSBC writes down $3.2bn in the first three months of 2008 as a result of its exposure to the US sub-prime market.

Cable TV firm wins US newspaper
Cablevision buys US paper Newsday for $650m, after Rupert Murdoch's News Corp withdraws its bid.

Oil down after record-busting run
Oil prices fall, after setting record highs every day last week, and amid concerns that gains may soon return.

Australian banks in merger talks
Australian bank Westpac makes a 15bn Australian dollar (£7.2bn; $14.1bn) offer for its rival St George Bank.

Apple lines up iPhone Asia deals
Apple signs deals with four Asia-Pacific mobile phone networks to offer the iPhone in their respective markets.

Renault eyes world's cheapest car
Renault-Nissan announces a joint venture with Indian firm Bajaj to produce a $2,500 (£1,276) car.

UK producer inflation at record
UK factory gate prices and producers' input costs rose at a record pace in April, official figures show.

Firms 'up prices as costs soar'
Manufacturers are raising prices as they face the strongest cost pressures in over 20 years, the CBI says.

British Gas bills may rise again
British Gas-owner Centrica signals fuel bills may rise as its profits are squeezed by high gas and power prices.

SOSIG Business
BBC Economy
UK producer inflation at record
UK factory gate prices and producers' input costs rose at a record pace in April, official figures show.

Food prices drive China inflation
China's consumer price inflation nears a 12-year high in April, as the cost of food continues to take its toll.

Firms 'up prices as costs soar'
Manufacturers are raising prices as they face the strongest cost pressures in over 20 years, the CBI says.

Oil down after record-busting run
Oil prices fall, after setting record highs every day last week, and amid concerns that gains may soon return.

Fall in house prices 'welcomed'
More people want house prices to fall than to rise, research from the BBC indicates.

UK economic outlook 'worsening'
Economic prospects for the next 18 months have got worse, the British Chambers of Commerce warns.

Burma cyclone raises rice prices
Rice prices rise for a sixth straight day as supplies continue to be stretched after cyclone damage in Burma.

Big fall in French factory output
French industrial output falls four times more sharply than expected in March, raising concerns about the economy.

Putin in 2020 pledge on economy
Vladimir Putin promises to rein in inflation and boost social spending in his new job as Russia's prime minister.

UK interest rates stable at 5%
UK interest rates are held at 5% by the Bank of England's Monetary Policy Committee, as inflation concerns persist.

ComputerWorld Financial
  • Securing Financial Services Beyond the Perimeter

  • IBM buys trading data vendor InfoDyne

  • PCI DSS Success: Achieving Compliance and Increasing Web Application Availability

  • Survey: Online banking gets bonus from users

  • Q&A: Head of PCI council sees security standard as solid, despite breaches

  • Vermont ski area reports Hannaford-like theft of payment card data

  • More Financial News...

  • SOSIG Economy
    Reuters Business
  • Cablevision and Tribune seal Newsday deal

  • Sprint's loss widens on lost subscribers

  • Stocks advance with financial companies

  • Clear Channel trial delayed till Tuesday

  • MBIA posts huge loss on credit derivatives

  • IndyMac loss steeper than expected, shares fall

  • AME Business News
    UAE stocks end positive
    The Dubai Financial Market end the day, Monday, ending at 5,799.15 and has gained 1.00%. Top gainers include IAIC, Emaar, DFM, Gulfnav and DIB. The Abu Dhabi Securities Exchange also showed positive results at 5,026.57, higher by 0.41%. [AMEInfo.com]

    Al Mana sells $163m bond
    Qatar-based Al Mana Group has sold $163.4m of United Arab Emirates dirham-denominated Islamic bonds, reported Reuters. The bond is intended to help finance real estate projects in its home country. The 5-year floating-rate mudaraba sukuk, were priced at 250 basis points. Al Mana's businesses involve car dealerships to construction. The bonds will be listed on the Dubai International Financial Exchange. [AMEInfo.com]

    DFM drops, ADSE slides slightly
    The Dubai Financial Market ended the day, Sunday at 5,741.55, plunging by 1.52%, as Dubai's major real estate players dipped by 2%. Meanwhile, the Abu Dhabi Securities Exchange went slightly down by 0.57 ending at 5,006.24. [AMEInfo.com]

    Al Khazna buys 15% Sanad stake
    Al Khazna Insurance Company has acquired 15% stake in Saudi Arabia's Sanad for Co-operative Insurance and Reinsurance, a public company created in 2007 with a capital of SR200m, divided into 20 million shares, and is listed on Saudi stocks. [AMEInfo.com]

    Abu Dhabi sees $300bn GDP in 2025
    A report by the Department of Planning and Economy projected Abu Dhabi's gross domestic product (GDP) will triple to $300bn by 2025, cited Gulf News. The report estimates it will reach $105bn this year. Currently, Abu Dhabi has an average per-capita GDP of $74,000, the second highest in the world. [AMEInfo.com]

    PressReleaseNetwork.com News
    BuzzCity sees exponential growth of mobile advertising in the U.S.
    BuzzCity (www.buzzcity.com), a provider of global wireless communities and consumer services, today announced that it has seen year-over-year growth of 917 percent in mobile ads served across its mobile advertising network in the U.S. In addition, the company expects mobile ads served on its network in the U.S. market to reach more than 100 million ad views per month by the end of Q2. [Wired by: PressReleaseNetwork.com]

    Discount City Hotels Buds Your Stay, While London Glows with Chelsea Flower Show 2008
    Discount City Hotels has been doing an effortful duty of providing latest information on the hotels and accommodation located in London or Paris for various occasions. Simultaneously, it has also taken pleasure to aware the online users on the events to be held during their visit to these cities. In the month of May, Chelsea, London, UK will be the venue of Chelsea Flower Show 2008 which is to be organized by Royal Horticultural Society (RHS). Chelsea, a part of Royal Borough of Kensington and Chelsea, is located in the western side of London. The RHS Chelsea Flower Show which starts from May 20, 2008 and continues till May 24, 2008 will have displays on show gardens, courtyard gardens and urban gardens. The show will also impart knowledge on latest gardening styles and products. [Wired by: PressReleaseNetwork.com]

    McAfee, Inc. and Microsoft Showcase Joint Network Access Control Solution for Defense Customers
    McAfee, Inc., is demonstrating its new Network Access Control solution, integrated with Microsoft Windows NAP (Network Access Protection) technology, an endpoint policy enforcement platform for Windows Server 2008. The offering, which helps protect private networks from being accessed by unauthorized systems and devices, is being showcased by McAfee (Booth #532) and Microsoft (Booth #881) at the DISA Customer Partnership Conference in Orlando, FL. [Wired by: PressReleaseNetwork.com]

    Takara Bio Announces Start of Clinical Research of Cancer Immunotherapy using RetroNectin(R) Expansion Culture System at Tianjin Cancer Institute & Hospital, China
    Takara Bio Inc. (TSE: 4974) has entered into a collaboration agreement with Tianjin Cancer Institute & Hospital, Tianjin Medical University as of October 9, 2007. Under this agreement, Tianjin Cancer Institute & Hospital has started clinical research of cancer immunotherapy by T cell expansion culture system using RetroNectin(R) in China. [Wired by: PressReleaseNetwork.com]

    BT has greatest market presence in European wan services
    In its first full evaluation of the European WAN Services marketplace "The Forrester Wave: European WAN Services, Q2 2008 (April 2008)", independent industry analyst firm Forrester Research found "BT Global Services has the greatest market presence and is winning the most new business". [Wired by: PressReleaseNetwork.com]

    WCIT 2008 Delegate Tickets Sold Out!
    The 16th World Congress on Information Technology (WCIT 2008) has received overwhelming response to its sale of delegate tickets, with 2,716 delegates booked for the global forum on information and communications technology (ICT) on May 18 - 22, 2008. [Wired by: PressReleaseNetwork.com]

    Bigmouthmedia charts affiliate map of Great Britain
    Bigmouthmedia has conducted Britain's first survey of affiliate spending on PPC campaigns across the country. [Wired by: PressReleaseNetwork.com]

    Infinita Inc. Releases New Research Report '21st Century Mobile Marketing'
    Tokyo-based Infinita Inc., a consulting firm specializing in mobile telecommunications, announced today the release of its new research report "21st Century Mobile Marketing: Global Insights from the World's Most Advanced Mobile Society: Japan". The 188-page market report provides detailed insights into the inner workings of mobile marketing and advertising in a country where the vast majority of the population uses mobile Internet services already - and where mobile marketing is fast evolving into a standard part of the marketing mix, a scenario soon to become reality in many other parts of the world as well. [Wired by: PressReleaseNetwork.com]

    Key Notes From Talent Management In The 21st Century
    The conference "Talent Management in the 21st Century" was held on 20-21 April in Crowne Plaza Hotel Dubai, has been concluded.The event had been the gathering of the world leading Talent Management experts and Human Resource authorities from different industries in the Middle East. [Wired by: PressReleaseNetwork.com]

    MyScreen Partners with Founder of Yahoo! Brasil
    MyScreen Mobile, Inc. (Pink Sheets:MYSL) announced today that the company is pleased to confirm the completion of a MOU (Memorandum of Understanding) with the founder of Yahoo! Brasil (<a href="http://br.yahoo.com" target="new">http://br.yahoo.com</a>) [Wired by: PressReleaseNetwork.com]

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