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Yukos Seeks US Court Protection to Foil Unit Sale (Update3) OAO Yukos Oil Co., Russia #39;s second- largest oil producer, said it sought Chapter 11 bankruptcy protection in the US and requested an emergency court hearing to stop the Russian government #39;s auction of its biggest unit. | 2 |
Japan big business sentiment slips TOKYO, Japan -- Confidence among Japan #39;s big manufacturers has slipped slightly in recent months, according to the Bank of Japan #39;s closely watched quot;tankan quot; survey. | 2 |
Iraq Minister Blasts Iran, Syria, Says Aid Zarqawi (Reuters) Reuters - Iraq's interim defense minister accused\neighbors Iran and Syria on Wednesday of aiding al Qaeda\Islamist Abu Musab al-Zarqawi and former agents of Saddam\Hussein to promote a "terrorist" insurgency in Iraq. | 0 |
U.S. Mission Flouts Cuba Christmas Warning (AP) AP - U.S. diplomats on Wednesday ignored a warning from the Cuban government to immediately take down Christmas decorations outside its offices or face unspecified consequences. | 0 |
Round 3 of the desktop search heavyweight championship bout The Google vs. Microsoft technology war does not seem to let up. The latest salvo from the MSN camp is a beta edition of its new MSN Desktop Search application. | 3 |
Critical patches highlighted in Microsoft #39;s December Security <b>...</b> Microsoft has unveiled its security bulletin for December, including a critical patch for Windows XP with SP1, and fixes rated as important for SP2. | 3 |
Wavesat Says Its Created First WiMAX Chip Wavesat Inc., a developer of broadband wireless chips, said today it has delivered the first-ever WiMAX chip, the DM256. The company is planning to make the chips generally available early next month. | 3 |
Hockey talks go nowhere fast Six days ago Jay McKee buoyantly strolled into his living room and proudly informed his wife there would be an NHL this season. The Buffalo Sabres #39; union representative had just finished | 1 |
Miandad #39;s sniping runs true to form IT was a given that someone of influence within Pakistan cricket would seek to destabilise their national team before a ball was bowled in the Test series with Australia. | 1 |
Sorry Anelka still on the trading block Anelka expressed his wish to play for a quot;big club quot; in a recent interview with French magazine But, and the club now says it is only too willing to oblige. | 1 |
We can #39;t afford to mess up again SHOTA ARVELADZE today insisted Rangers can #39;t repeat the mistakes of a year ago if they want to secure a Uefa Cup future. The Georgian striker looked on in agony then as Alex McLeish #39;s side crashed to a 3-1 | 1 |
Terrestrial TV to lose live English cricket The England and Wales Cricket Board today announced that Sky Sports have won the right to broadcast live all international cricket from 2006. | 1 |
Nets get Knicked up The Nets looked at Tuesday #39;s game as another chance to climb out of the huge hole they created for themselves with their early-season offensive struggles and prove to the Knicks that they haven #39;t overtaken them just yet. | 1 |
Sanctions will mean war: N Korea NORTH Korea has warned the imposition of economic sanctions by Japan would be treated as a declaration of war and that the Pyongyang regime would quot;immediately react to it with powerful physical methods quot;. | 0 |
Major Suspension Bridge Inaugurated in France Description: A towering new suspension bridge debuts in southern France. At its highest point, the Millau Viaduct is more than 1,000 feet above ground, and the French say it #39;s the highest bridge in the world. | 0 |
Roddick Set to Link Up with Low-Key Coach LONDON (Reuters) - World number two Andy Roddick is set to hook up with his U.S. Davis Cup assistant coach after firing Brad Gilbert at the weekend. | 1 |
International Paper Sells Unit to Mohawk NEW YORK (Reuters) - International Paper Co. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=IP.N target=/stocks/quickinfo/fullquote">IP.N</A>, the world's largest forest products company, on Wednesday said it would sell its fine paper business to privately held Mohawk Paper Mills. | 2 |
David Nicklaus The remarkable thing about the Federal Reserve #39;s interest-rate increases this year is that they have been so unremarkable. The latest move, on Tuesday, pushed the benchmark overnight lending rate up a quarter of a percentage point to 2.25 percent. | 2 |
OMX has no interest in buying London Stock Exchange FRANKFURT (AFP) - OMX -- the European stock market group made up of the Stockholm, Helsinki and Baltic stock exchanges -- does not intend to get into in a bidding war with Deutsche Boerse for the London Stock Exchange, OMX #39;s president designate said in a | 2 |
UPDATE 2-Lehman Brothers profit up 22 pct, shares rise US investment bank Lehman Brothers Holdings Inc. (LEH.N: Quote, Profile, Research) on Wednesday said fourth-quarter profit rose 22 percent on continued strength from fixed-income | 2 |
Guilty, guilty, guilty atoning for HIH sins RAYMOND Reginald Williams, who had previously claimed he could have saved HIH from collapse, yesterday pleaded guilty to three criminal charges arising from his management of the failed insurer. | 2 |
Zafi.D virus: Christmas wishes and a computer virus! Please be aware as there #39;s a new virus worm spreading on the net. The Zafi.D variant is a Christmas wish e-mail together with a . | 3 |
Report: Amount of fine-particle pollution drops significantly LOS ANGELES A new Environmental Protection Agency report says concentrations of dangerous air pollutants have declined in Southern California in the last five years. | 3 |
All eyes will be on spacecraft Dozens of professional telescopes, an army of amateur observers and three Earth-orbiting observatories will be watching July 4 when a Boulder-built NASA spacecraft collides with a comet and sparks celestial fireworks. | 3 |
Another Successful Cassini #39;s Titan Flyby NASA #39;s Deep Space Network tracking station in Madrid, Spain, acquired a signal at about 4:00 pm Pacific Standard Time (7:00 pm Eastern Standard Time) yesterday. | 3 |
Roddick Set to Link Up with Low-Key Coach World number two Andy Roddick is set to hook up with his US Davis Cup assistant coach after firing Brad Gilbert at the weekend. Roddick, whom Gilbert steered to a maiden | 1 |
Uefa Cup Wednesday Preview Middlesbrough, Partzan and Villarreal have all booked their place in the next round of the Uefa Cup, but today will decide who tops Group E. Boro face off against Partizan possibly without the services of George Boateng. | 1 |
Retailers to unveil festive data The strength of festive takings will be revealed this week as UK retailers start to disclose sales figures. | 2 |
Australia warns of terrorist threat SYDNEY The Australian government said Wednesday that terrorists may be preparing an attack in Indonesia, possibly at a Hilton hotel. | 0 |
No half measures, Turkey tells EU TURKISH Prime Minister Recep Tayyip Erdogan turned up the heat on the European Union yesterday, insisting his nation deserved full membership and warning that anything less would be a quot;historic mistake quot;. | 0 |
Blunkett battles nanny #39;s new visa allegations LONDON: Beleaguered British Home Secretary David Blunkett faces damaging new claims he fast-tracked a second visa for his lover #39;s nanny to visit a sister in Austria. | 0 |
France Unveils World #39;s Tallest Bridge MILLAU, France -- French citizens and officials are celebrating a roadway bridge considered to be the world #39;s tallest. One of the Millau bridge #39;s pillars reaches more than 1,100 feet into the air, making it more than 50 feet taller than the Eiffel Tower. | 0 |
UN peacekeepers sweep violent Haiti slum PORT-AU-PRINCE (AFP) - UN peacekeepers tried to restore order in one of Haiti #39;s most violent slums, but could not prevent the shooting death of a teenager in downtown Port-au-Prince. | 0 |
QLT Prostate Cancer Treatment Wins FDA OK TORONTO (Reuters) - QLT Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=QLT.TO target=/stocks/quickinfo/fullquote">QLT.TO</A> <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=QLTI.O target=/stocks/quickinfo/fullquote">QLTI.O</A> said on Wednesday it won U.S. regulatory approval for the six-month formulation of its prostate cancer treatment, Eligard. | 2 |
Best Buy's 3Q Earnings Climb 21 Percent (AP) AP - Best Buy Company Inc., the nation's largest electronics retailer, said on Wednesday that third-quarter earnings rose 21 percent, but gave hints that profits during the holiday selling season may not be quite what analysts were hoping for. | 2 |
YUKOS Seeks U.S. Bankruptcy to Stop Moscow MOSCOW (Reuters) - Russian oil group YUKOS has filed for bankruptcy protection in a U.S. court in an attempt to stop the Russian government from auctioning off its main production unit on Dec. 19, it said on Wednesday. | 2 |
Stocks Open Flat, Oil Up, Nextel Eyed NEW YORK (Reuters) - U.S. stocks opened little changed on Wednesday, dampened by another rise in oil prices, but a deal between wireless carriers Sprint Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FON.N target=/stocks/quickinfo/fullquote">FON.N</A> and Nextel Communications Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=NXTL.O target=/stocks/quickinfo/fullquote">NXTL.O</A> worth about \$35 billion boosted Wall Street hopes for more mergers. | 2 |
Sprint deal raises sponsorship questions Wireless telephone company Nextel Communications confirmed Wednesday it is being bought by rival Sprint in a cash and stock deal said to be worth more than \$35-billion US. | 2 |
Fed rate increase to 2.25 good for savers Federal Reserve policy-makers raised interest rates yesterday for the fifth time this year and suggested they will continue gradual rate increases in 2005. | 2 |
HIH inquiry claims its biggest scalp THE investigation into the \$5.3 billion collapse of insurer HIH has claimed its biggest scalp, with founder and former chief executive Ray Williams pleading guilty to criminal charges. | 2 |
QLT Prostate Cancer Treatment Wins FDA OK QLT Inc. (QLT.TO: Quote, Profile, Research) (QLTI.O: Quote, Profile, Research) said on Wednesday it won US regulatory approval for the six-month formulation of its prostate cancer treatment, Eligard. | 2 |
NASA throws Deep Impact spacecraft at comet NASA has is to send a probe on a collision course with a comet #39;s nucleus to find out more about the composition and history of the bodies. | 3 |
Atheros unveils #39;world first #39; Wi-Fi access-point-on-a-chip Access points for 802.11g wireless networks should become even cheaper next year after WLAN chip maker Atheros begins full-scale production of what it claims is the world #39;s first #39;base-station on a chip #39; product. | 3 |
Late strike spoils Christmas party for Liverpool AN EQUALISER in injury time by Portsmouth #39;s Lomana LuaLua against Liverpool at Anfield yesterday will hamper the home side #39;s attempts to make ground on the leading English Premier League soccer rivals during the Christmas program. | 1 |
Sky deal a #39;disaster #39; for cricket The government today faced calls to review the list of quot;crown jewel quot; sporting events after Sky bought the rights to England #39;s home Test matches, sounding the death knell for live cricket on terrestrial TV after nearly 70 years. | 1 |
Minnesota Timberwolves Team Report - December 15 In 2003-04, Minnesota swept its two contests against the Raptors. Overall, Minnesota has won three straight and four of the last five meetings in this series. | 1 |
The FPJ chronicles Last May, he fought for the Presidency and just recently, he fought for his life. Fernando Poe, Jr. lost both fights but the ironies of ironies is that he has never been more alive now than any time in the hearts of the Filipino people. | 0 |
Jenna Bush Plans to Teach in Washington (AP) AP - President Bush's daughter Jenna plans to live in the District of Columbia and teach at a public school serving low-income children. | 0 |
US missile defence test fails WASHINGTON - The first full test in nearly two years of a multibillion-dollar US anti-missile shield failed Wednesday when one missile launched but a second shut down before leaving the ground, the Pentagon says. | 2 |
UPDATE 3-Lehman Brothers profit up 22 pct, shares rise US investment bank Lehman Brothers Holdings Inc. (LEH.N: Quote, Profile, Research) on Wednesday said fourth-quarter profit rose 22 percent on continued strength | 2 |
Jockey Club clears Fallon Kieren Fallon, the former champion Flat jockey, will not face disrepute charges relating to race-fixing allegations made against him in a Sunday newspaper, the Jockey Club said on Tuesday. | 1 |
Missile shield fails to work THE first test in nearly two years of a multi-billion-dollar US anti-missile shield failed yesterday when the interceptor missile shut down on its launch pad in the central Pacific. | 2 |
Best Buy reports third-quarter earnings rise 21 percent MINNEAPOLIS - Best Buy Company Inc. said on Wednesday that third-quarter earnings rose 21 percent, but gave hints that profits during the holiday selling season may not be quite what analysts were hoping for. | 2 |
HIH head admits guilt RAY Williams, the eccentric executive who built insurer HIH from nothing into a multi-billion dollar insurance giant he ran as his personal fiefdom, yesterday became the biggest scalp of the | 2 |
Wash. DC council clears altered baseball plan The Washington, DC, City Council approved funds for a Major League Baseball stadium late Tuesday, but substantially altered the plan by requiring the mayor to find private financing for half the construction costs. | 1 |
Khler: African Union Slow in Darfur German President Horst Khler on Wednesday regretted that the African Union-led mission was slow to intervene in Sudan #39;s western Darfur province, where a nearly two-year-old conflict has caused untold suffering. | 0 |
Pak wants US intervention in Kashmir: World News: Lahore, Dec 15 : Pakistan has expressed its desire for the Bush administration #39;s intervention to help Islamabad sort out all of its conflicting issues with New Delhi. | 0 |
Business: Sprint-Nextel Merger Washington Post business columnist Steven Pearlstein will be online to discuss the merger of Sprint and Nextel Communications. In a column this morning, he wrote that consumers should should cheer the combination. | 2 |
Treasuries Rally, Yields Hit 6-Week Lows (Reuters) Reuters - U.S. Treasury yields touched their\lowest levels in over a month on Wednesday, driven by largely\technical factors in an illiquid year-end market. | 2 |
Treasuries Rally, Yields Hit 6-Week Lows NEW YORK (Reuters) - U.S. Treasury yields touched their lowest levels in over a month on Wednesday, driven by largely technical factors in an illiquid year-end market. | 2 |
Suicide Bombers Kill 25 Iraqi Troops BAGHDAD (Reuters) - A suicide car bomb hit a bus packed with Iraqi National Guards on Sunday, killing 26 people in the deadliest attack of its kind in four months on Iraqis cooperating with U.S. forces to secure a Jan. 30 election. | 0 |
Test of US missile defence shield fails An attempt to launch an interceptor missile as part of the US missile defence shield failed early Wednesday in the first test of the system in nearly two years. | 2 |
Best Buy #39;s 3Q Earnings Climb 21 Percent MINNEAPOLIS - Best Buy Company Inc., the nation #39;s largest electronics retailer, said on Wednesday that third-quarter earnings rose 21 percent, but gave hints that profits during the holiday selling season may not be quite what analysts were hoping for. | 2 |
MSN Toolbar Suite Beta So how good are those tools are... and what #39;s the big fuss about them? Personally I don #39;t know, as I didn #39;t try them out. | 3 |
Apple breaks the Harmony Earlier this year RealNetworks came up with a workaround allowing music downloaded from its store to work on iPods. This was achieved by reverse-engineering Apple #39;s FairPlay technology, and Real named it Harmony (see our previous coverage). | 3 |
Phantom of the Xbox After being dropped for release outside of Japan by Microsoft Game Studios, publisher Majesco has picked up Phantom Dust for a release in North America, expected to be early 2005. | 3 |
Pressure Grows on Romanian Left to Give Up Power (Reuters) Reuters - Romania's centrist opposition, buoyed\by a presidential election victory of their leader Traian\Basescu, put pressure on the ruling left on Wednesday to\abandon its bid to cling to power or face early elections. | 0 |
NHL: Impasse continues as league, union pass on proposals There is no end in sight for the lockout, which enters Day 89 today with 414 games gone. The NHL lockout continues with no sign of it ending. | 1 |
DC council approves stadium, maybe, sort of After all the twists and turns that the Washington, DC stadium controversy has taken, we should have known it wouldn #39;t end simply. | 1 |
BNP chief detained over comments on Islam, Quran As controversy surrounds the Blair Government #39;s plans to extend the incitement laws to cover religious hatred, leader of the far-right British National Party (BNP) Nick Griffin was arrested and was questioned about alleged incitement offences. | 0 |
Iraq Asks Some of Saddam's Soldiers to Return to Work BAGHDAD (Reuters) - Iraq's interim government, preparing for an election next month while fighting a bloody insurgency, asked some of Saddam's Hussein's disbanded army to come back to work on Wednesday. | 0 |
Pressure Grows on Romanian Left to Give Up Power BUCHAREST (Reuters) - Romania's centrist opposition, buoyed by a presidential election victory of their leader Traian Basescu, put pressure on the ruling left on Wednesday to abandon its bid to cling to power or face early elections. | 0 |
Oil futures trade above \$42 Crude oil futures traded above \$42 a barrel Wednesday as colder weather descended on the northeastern United States, a heavy consumer of heating oil. | 2 |
Google turns over new leaf The search engine that revolutionised how people use the Internet has teamed up with some of the world #39;s greatest libraries to put their books in your living room. | 3 |
Lewis scores 37 to lead Sonics past Lakers There was a nice little mini-drama last night with the Lakers playing in Seattle. Not as big of a deal as Kobe vs. Shaq or Kobe vs. | 1 |
Dry spell dooms Nets Forget the 10 miles that separates their two home arenas and the fan chatter heard within that short expanse. The Nets and Knicks rivalry is now based on a different type | 1 |
Sprint to Buy Nextel in \$36 Billion Deal NEW YORK (Reuters) - Sprint Corp. on Wednesday agreed to buy mobile telephone company Nextel Communications Inc. in a deal worth \$36.3 billion to gain more business customers and more airwaves to transmit calls. | 2 |
YUKOS Seeks U.S. Bankruptcy Protection MOSCOW (Reuters) - Russian oil group YUKOS has filed for bankruptcy protection in a U.S. court in an attempt to stop Russia's government from auctioning off its main production unit on Dec. 19, it said on Wednesday. | 2 |
Best Buy: Best Sales Yet to Come NEW YORK (Reuters) - Best Buy Co. Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=BBY.N target=/stocks/quickinfo/fullquote">BBY.N</A>, the nation's top electronics retail chain, posted a 21 percent rise in quarterly profit on Wednesday, slightly above expectations, and said the holiday shopping season was even more competitive than last year. | 2 |
Stocks Rise; Sprint, Nextel Deal Helps NEW YORK (Reuters) - U.S. stocks rose on Wednesday as wireless carrier Sprint Corp.'s <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=FON.N target=/stocks/quickinfo/fullquote">FON.N</A> acquisition of Nextel Communications Inc. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=NXTL.O target=/stocks/quickinfo/fullquote">NXTL.O</A> boosted investor hopes for more mergers. | 2 |
Russia #39;s Yukos seeks protection in US Russia #39;s Yukos oil company has filed for bankruptcy in a Houston court to halt a Kremlin-driven liquidation of the nation #39;s biggest crude oil producer. | 2 |
RIM patent dispute referred back to lower court A US appeal court has delivered a mixed ruling in a patent dispute between Research in Motion (RIM) and NTP. It upholding a decision that RIM had infringed on patents held by NTP, but cancelled an injunction | 2 |
Fiat says no deal with GM, mediation next Fiat (FIA) and General Motors (GM) will move to mediation after executives failed to reach agreement over the Italian company #39;s option to compel GM to buy its troubled auto division. | 2 |
US to Charge AOL with Fraud The US government will charge Time Warner Inc #39;s (TWX.N: Quote, Profile, Research) America Online unit with aiding and abetting securities fraud but will defer prosecution for two years, a US Justice Department official said. | 2 |
Google To Scan Millions Of Library Books Google announced yesterday that they have agreements with several large libraries to scan books whose copyrights have expired. Joseph O #39;Sullivan, Software engineer and Adam M. Smith, Business product manager | 3 |
After KaZaa, BitTorrent gets it. KaZaa is still finding themselves in court, explaining what #39;s going on, and Hollywood is already finding a new target: BitTorrent. | 3 |
MSN Toolbar Suite Beta The MSN Toolbar Suite Beta rounds out Microsoft #39;s MSN search family with fully indexed searching of local documents and e-mails. | 3 |
Apple Changes The IPod Locks NEW YORK - The only surprising thing about the fact that Apple Computer has now locked RealNetworks out of the iPod is that it took so long for it to happen. | 3 |
Full mp3 downloads for mobiles p2pnet.net News:- Melodeo and Warner Music Group (WMG) say theyve signed the first global agreement to allow mobile users to securely download complete mp3s from WMG #39;s music catalog directly to their phones. | 3 |
Linux Looms Larger Than Thought The overall Linux market is far larger than previous estimates show, a new study says. In an analysis of the Linux market released late Tuesday, market research firm IDC estimated that the Linux market -- including | 3 |
Nokia Uses Hologram To Identify Batteries In addition to the hologram label, each Nokia battery will have an authentication code hidden under a scratch-off area on the label. | 3 |
Sun Upgrades JSE, NetBeans Sun Microsystems (Quote, Chart) announced the availability of two upgrades to its software development platforms on Tuesday. Java Studio Enterprise (JSE) 7, the Santa Clara, Calif. | 3 |
Oracle merger to result in few app improvements Oracle Corp. #39;s newfound control of PeopleSoft won #39;t result in vast improvements to the E-Business Suite, according to analysts, but it could result in long-term benefits for users of both application suites. | 3 |
Southern California particle pollution improving National data released by the US Environmental Protection Agency today reveals that several Southern California metropolitan areas have seen a sharp decrease in the amount of fine particle pollution contributing to local air quality problems over the past | 3 |
Man City Would Consider Anelka Bid Manchester City chairman John Wardle says he would consider a bid for want-away striker Nicolas Anelka. quot;If a bid comes in for Nicolas then, after speaking to the board, I will speak to Kevin Keegan, quot; said Wardle. | 1 |
SCHUEY #39;S SCORE DRAW Michael Schumachers football match against a host of Real Madrid stars ended in a 4-4 draw. The match, in aid of the UN Development Fund, pitted Schuey against the likes of David Beckham, Zinedine Zidane and Ronaldo. | 1 |
It #39;s been swell, Pedro Perhaps in our hearts we knew it was too good to last - this Red Sox dream team that so brightened our late summer and early fall days. | 1 |
Hamas Cancels Annual Rally, Fearing Israeli Strike Hamas said on Wednesday it had canceled an annual rally on the anniversary of its founding for fear Israel might target leaders of the Palestinian militant group in reprisal for a deadly attack on an army outpost. | 0 |
Iran Tells Russia to Expand Nuclear Ties Iran told nuclear partner Russia on Wednesday it would have to show quot;readiness quot; to expand nuclear ties with Tehran to secure a solid share of Iran #39;s atomic market in face of growing competition from Europe. | 0 |
Body of Turk Engineer Found in Afghanistan The bullet-riddled body of a kidnapped Turkish engineer was found Wednesday in eastern Afghanistan, a day after he was snatched with his driver and interpreter by a band of armed men, officials said. | 0 |
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