FOOD
Hershey Trust backs $17 billion bid for Cadbury, says report
Hershey’s controlling trust is backing a $17 billion counter-bid for Cadbury, according to a leading US daily, following a $16.5 billion bid by US food giant Kraft.
FINANCIAL SCANDAL
Former Vivendi boss makes New York court appearance
Former Vivendi Universal head Jean-Marie Messier appeared before a New York court Friday for his alleged role in deceiving about one million shareholders about the state of the company’s finances between 2000 and 2002.
AVIATION
Air France A380, world’s largest airliner, lands in NYC in transatlantic debut
With 538 passengers on board, an Air France A380, the world’s largest civilian aircraft, landed in New York Friday after its first transatlantic flight.
JAPAN
Tokyo confirm economy is in deflation for the first time since 2006
Japan's government has officially announced the country is in a deflation period expressing fears that it could harms the recovery process. The Bank of Japan has decided to keep interest rates at its lowest level.
IT INDUSTRY
Public gets first look at Google's Chrome OS
Internet giant Google has for the first time showed how its long-awaited operating system, Chrome OS, will work. The 100% cloud computing system will run on netbooks as soon as 2010.
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AFP
Volkswagen board approves Porsche takeover: firm
Volkswagen, Europe's biggest carmaker, said on Friday that its supervisory board had cleared the way for its planned takeover of sportscar maker Porsche.The German giant said in a statement that its supervisory board had approved on Thursday ...
AFP
eBay completes Skype sale
Online auction giant eBay announced it had completed its sale of Skype to an investment group that includes the two founders of the Web communications company.The previously announced sale of a 70 percent stake in Skype for some two billion dollars ...
DIPLOMACY
Putin says compromise gas deal reached with Ukraine
Speaking after talks with his Ukrainian counterpart Yulia Tymoshenko late Thursday, Russian Prime Minister Vladimir Putin said the two countries had reached a compromise deal on the thorny issue of gas supply.
ECONOMIC CRISIS
World economy is recovering but unsteadily, says OECD
The OECD has announced that the world economy should grow almost 2 percent in 2010, but said the recovery was uneven, unsteady and unpredictable.
AFP
AOL to shed 2,500 jobs in spinoff from Time Warner
AOL will cuts some 2,500 jobs, or one-third or its workforce, under the plan to spin off the Internet firm from media giant Time Warner, company officials said Thursday.The cuts are part of a plan to save 300 million dollars at AOL, which is to ...
FRANCE
Govt report calls for 35 billion euro spending plan to boost economy
Former prime ministers Michel Rocard and Alain Juppé (right and left of photo) have handed the president a long-awaited report on the post-credit crisis economy. Its conclusion is proving controversial, with many baulking at the 35 billion euro bill.
IRAQ
President in favour of France's Total working in its oilfields
Iraqi President Jalal Talabani told business leaders in Paris Wednesday that he wanted to see the French energy giant Total working in his country's oil fields. A senior Total executive confirmed that the company is preparing bids.
AFP
Europe's top airline Air France-KLM posts loss
Air France-KLM, Europe's biggest airline, on Wednesday posted a loss of 147 million euros (220 million dollars) in the second quarter of its fiscal year as the crisis continues to hit air travel. "Unit revenues continue to be impacted by the ...
AUTO INDUSTRY
GM to shed thousands of jobs in European restructuring
Having scrapped plans to sell its European division Opel/Vauxhall, General Motors says it could cut up to 10,000 jobs as part of plans to slash production in Europe by between 20 and 25 percent.
AFP
Delta offers JAL billion-dollar financial lifeline
Japan Airlines was offered a billion-dollar financial lifeline Wednesday from Delta Air Lines and its SkyTeam alliance partners, as Tokyo refused to rule out allowing the carrier going bankrupt.Delta said the rescue package on the table included a ...
AFP
China Mobile says still in iPhone talks with Apple
China Mobile, the country's largest mobile operator, said Wednesday it is still in negotiations with Apple over the sale of iPhones in China."We really are still in talks with Apple...In our negotiations in the past, we insisted on sticking to our ...
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09:40
Japan hostage in Yemen seized by Al-Qaeda: source - AFP
09:10
Death threats for Thai PM in pro-Thaksin stronghold: MP - AFP
09:09
Australia executives suspended over banknote probe - AFP
09:07
S.Koreans mourn rising star supermodel - AFP
09:07
Sri Lanka to free war-displaced civilians - AFP
09:05
Taiwan PM urges China to withdraw missiles: report - AFP
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STOCK MARKETS - FRIDAY

Global stocks slid and the US dollar rose on Friday.

The MSCI index of Asia Pacific stocks traded outside Japan fell 0.7 percent, and Japan's Nikkei index slid 0.5 percent.

Paris' CAC 40 fell 30,86 points to 3729,36 points, while London's benchmark FTSE 100 sunk 0,31 percent to 5251,41 points.

The Dow Jones industrial average closed down 14.28 points, or 0.14 percent, at 10,318.16. The Nasdaq Composite Index slid 10.78 points, or 0.50 percent, at 2,146.04.

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Syndicate contentTECH
IT INDUSTRY
Public gets first look at Google's Chrome OS
FACE-OFF
Google books: the European exception?
INTERNET
Google to acquire mobile ad firm in 750 million dollar deal
THE BUSINESS INTERVIEW
Jean-Philippe Courtois, President of Microsoft International
TECHNOLOGY
After Windows 7 euphoria, Microsoft reports profit slump
TELECOMMUNICATIONS
Nokia sues Apple over patent infrigement
FACE-OFF
Microsoft VS Apple : a new war ?
ENVIRONMENT
Google joins space agencies in forest monitoring
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