Two big parties welcome OCR drop, Greens unhappy
Thursday, 23 October 2008
National and Labour have welcomed the Reserve Bank decision to slash the official interest rates an unprecedented 1 percentage point to 6.5%
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Barack Obama, John McCain oppose gas tax hike
Thursday, 23 October 2008
Neither Obama nor McCain are likely to support an increase in gasoline taxes even thopugh it could provide billions for the US infrastructure development
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Trends & Innovations (Investor's Business Daily)
Wednesday, 22 October 2008
Investor's Business Daily - Prisons across the U.S. are struggling to keep cell phones out of inmates' hands, as concerns grow about the phones facilitating escapes and even retaliation. One shooting suspect in Md. was able to use a phone to order a hit against a witness last summer, while in '05 two inmates used mobiles in their escape from a S.C. prison. Guards frequently supply the banned phones in exchange for bribes of about $500. S.C. wants to jam phone signals in prisons, but federal...
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Pressure on Opec to cut supply on swollen oil stocks
Wednesday, 22 October 2008
A deep price slump, depleted oil demand and swollen stocks have heaped pressure on Opec ministers to cut supplies at their meeting this week
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Supersonic car
Wednesday, 22 October 2008
British team that broke sound barrier targets 1,000mph
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Amazon.com profit soars but outlook and stock down (AP)
Wednesday, 22 October 2008
AP - Amazon.com Inc. said Wednesday that its profit climbed 48 percent in the third quarter, but the company reduced its full-year sales outlook, showing that the online retailer cannot escape the weak economy. Its shares dived.
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Draft rules issued for new Net suffixes — at $200K (AP)
Wednesday, 22 October 2008
AP - The Internet's key oversight agency issued preliminary guidelines Wednesday for the introduction of hundreds, perhaps thousands, of alternatives to ".com" in the first sweeping changes to the network's 25-year-old address system.
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Strong iPhone 3G Sales Both Boost and Hurt AT&T (NewsFactor)
Wednesday, 22 October 2008
NewsFactor - Telecommunications giant AT&T reported its earnings rose 5.5 percent during the third quarter, but profits fell short of analyst predictions. Ironically, the chief cause of both the rise in revenues and the disappointing profits was the same: The company's strong sales of Apple's iPhone 3G.
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Nokia Joins Open-Source Trend for Mobile Platforms (NewsFactor)
Wednesday, 22 October 2008
NewsFactor - Google's recent decision to open its Android mobile-device platform is just the tip of the iceberg when it comes to open-source plans for revolutionizing wireless environments worldwide.
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Microsoft Uses Black Screen To Fight Piracy in China (NewsFactor)
Wednesday, 22 October 2008
NewsFactor - PC users in China running illegal versions of Microsoft Windows were greeted recently with black computer screens. It was a result of Microsoft putting some muscle behind its anti-piracy initiative in China.
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