Reuters - Foster's Group Ltd , Australia's largest brewer, has rejected a private equity offer worth up to $2.5 billion for its wine unit as too cheap and plans to continue with the split of its beer and wine businesses.
AP - Emergency teams with helicopters rescued 34 workers Wednesday from an oil drilling platform that was leaning dangerously in the East China Sea after a storm, and searched for two others still missing, officials said.
Reuters - Republicans in Congress showed little willingness to help President Barack Obama approve billions of dollars in measures to boost the economy with midterm elections less than two months away.
AFP - British mobile phone giant Vodafone has announced the sale of its 3.2 percent stake in China Mobile for around 4.3 billion pounds (6.6 billion dollars, 5.2 billion euros).
LEADING Irish wholesale and distribution firm, the Barry Group officially opened a €1.5 million extension to its state-of-the-art central distribution base in north Cork yesterday.
Reuters - Hewlett-Packard Co sued former Chief Executive Mark Hurd and asked a court to block him from joining Oracle Corp, saying his hiring by the rival technology firm puts HP's trade secrets "in peril."
Macworld.com - On Tuesday Apple issued minor updates to its Safari Web browser with âimprovements to compatibility and securityâ:Â Safari 5.0.2 for Leopard and Snow Leopard (OS X 10.5.8 or later) or Windows (XP, Vista, and 7) and Safari 4.1.2 for Tiger (OS X 10.4.11).
Investor's Business Daily - If there was any chance President Obama would move to extend the upper-income Bush tax cuts before the midterm elections, it likely died over the weekend.
United National Consumer Suppliers , a leading wholesale distributor specializing in manufacturer's closeouts, excess inventories and overstocks headquartered in South Florida, is pleased to announce it has been named to the 2010 Inc. 5000 list, a compilation of the most entrepreneurial and fastest growing companies in America.
AP - Connecticut Attorney General Richard Blumenthal and national nonprofit organizations said Tuesday they want Craigslist to be "a model for good policy" and officially get rid of its adult services section globally.
PC World - Business and consumer demand for smartphones is growing rapidly, but no single mobile operating system will rule the market in the way that Windows dominates personal computers.
The Upshot - Here's our daily roster of stories that evaded full-on blog treatment: ⢠In a rare interview with the American press, Fidel Castro slammed Mahmoud Ahmadinejad for "slandering the Jews." (The Atlantic) ⢠Despite the White House's declaration that combat operations are over in Iraq, two U.S. soldiers were killed there today. (MSNBC) ⢠A recent [...]
Reuters - U.S. stocks fell in very light volume on Tuesday as investors seized on renewed concerns about European banks as a reason to sell shares after strong gains last week.
AP - For a dozen years, Google Inc. has been occasionally swapping its everyday logo for a "doodle," a sketch celebrating holidays, inventions, artists and sporting events, and showcasing designs from contest-winning students.
AP - The Obama administration is trying to jump-start its sputtering attempts to tackle the foreclosure crisis with an effort to assist homeowners who owe more on their properties than their homes are worth.
AP - President Barack Obama's proposed tax breaks for business sound like ideas that have enjoyed broad Republican backing in the past. But in today's toxic political atmosphere, he's unlikely to get much — if any — GOP help.
The Motley Fool - The bears and bulls were battling as ferociously as ever over the past month. Let's dive right into the debate, through the words of some of the world's greatest investors.
Reuters - China's state-owned Sinochem Corp has invited Temasek, the Singapore sovereign wealth fund, to join a consortium that may bid for Canada's Potash Corp , the world's largest fertilizer supplier, sources with knowledge of the matter said on Tuesday.
AFP - A former State Department official credited with helping bring social networking and other Web 2.0 tools to US diplomacy has been tapped to head a new division at Google called "Google Ideas."
AP - Digital River Inc. on Tuesday said that it has bought online software and book retailer Journey Education Marketing Inc. for an undisclosed amount.
Reuters - Pipeline operator Enterprise Products Partners LP Tuesday said it will buy holding company Enterprise GP Holdings LP for $8.03 billion, the second such deal in a month, to simplify its corporate structure and reduce capital costs.
Appolicious - Android continues to poach away market share from the iPhone and other mobile platforms, now accounting for 25 percent of mobile operating systems in North America. That’s a 2 percent increase, month-over-month, and an 18.6 percent increase year-over-year.
AP - European Union nations agreed to create new financial oversight institutions Tuesday, hoping to prevent a repeat of the government debt crisis that nearly left Greece bankrupt and brought the European banking system to its knees.
AP - NYSE Euronext said Tuesday the trading volume for equity and derivative produces rose significantly in August, pushed up by a spike in U.S. equity trading.
BusinessWeek - Don't expect an Elizabeth Warren-style campaign for the first director of the Office of Financial Research, yet another agency set up under the financial system overhaul. Unlike the pending decision over who will lead the Consumer Financial Protection Bureau, which has prompted online petitions and a viral rap video in support of the Harvard law professor, the competition over who will be the head of the research office is a wonks-only affair. ...
Do you have experience within the wholesale branded environment? Are you bright and enthusiastic about the next big step in your career? Our client is a leading Footwear Manufacturer to high street accounts, who are looking for a Wholesale Merchandiser to join their team.
(RTTNews) - Austria's wholesale price inflation accelerated to 5.6% year-on-year in August from 5% in July, Statistics Austria said Tuesday. Compared to July, prices increased 1.4% during the month, partly influenced by higher prices for grains.
Wholesale trade sales in New Zealand increased 2.2% between April and June compared to the previous three months following a similar 2.2% rise in the March quarter, Statistics New Zealand said on Tuesday.
Total wholesale trade sales, after adjusting for seasonal effects, increased 2.2 percent ($458 million) in the June 2010 quarter, Statistics New Zealand said today, the third consecutive quarter to record a rise.
Wholesale Lot of 20 items of maternity wear includes maternity tops,trousers and nursing tops. Also up for a bargain is a Lot of 20 shoes of various styles and sizes to clear for new stock arrivals.
Digital Trends - Internet giant Google has proposed paying some $8.5 million to settle a lawsuit over privacy violations that occurred when it launched its Buzz social networking service earlier this year. Some 30 percent of the proposed settlement money would go towards legal fees associated with the case, $2,500 each would go to the seven Gmail users who brought the suit, and the remainder would be split amongst organizations that promote online privacy and privacy education. Google admits no wrongdoing in the settlement, which still must be approved by a judge.
AP - East Asia is the world's electronics factory, yet unless they are Japanese, producers are largely anonymous. Now HTC Corp., a Taiwanese maker of smart phones, is moving out of the shadows and trying to establish its own brand name as it competes with Apple's iPhone.
PC World - More people browsed the Internet last month with a device running Apple's mobile operating system, iOS, than used Linux to do so. That's a first for Apple, according to NetMarketShare, a firm that produces metrics on the market share of browsers, operating systems and search engines.
Ben Patterson - Fighting the urge to check your work e-mail while you’re on holiday doesn’t exactly qualify as the worst problem in the world; after all, it’s pretty nice to have a job at all in this tough economy, right? Then again, the pressure to hang onto a job seems to be driving more and more connected workers to stay plugged in even while they’re trying to tune out.
Ben Patterson - Feel the need to "check in" on Foursquare or Facebook every time you saunter into a restaurant, browse the goods at your neighborhood grocery store, or cram into a rock concert? Well, if you, you’re still in the minority — and you’re also probably a guy below 40 — according to the latest research.