Microsoft, Adobe fix security flaws (Reuters) Posted: 08 Jun 2010 03:38 PM PDT Reuters - Microsoft Corp issued one of its biggest security fixes on Tuesday, including a repair to its widely used Excel spreadsheet for flaws that could allow hackers to take control of a user's PC. |
U.S., France press for Japan-India nuclear deal - Nikkei (Reuters) Posted: 08 Jun 2010 01:17 PM PDT Reuters - The United States and France have urged Japan to sign a nuclear deal with India, a move that would clear the way for General Electric Co and France's Areva to use Japanese suppliers for nuclear projects in the country, the Nikkei reported. |
Amid uncertainty, BP siphons off more oil from well (Reuters) Posted: 08 Jun 2010 04:38 PM PDT Reuters - Energy giant BP Plc said on Tuesday it was capturing more oil from its ruptured Gulf of Mexico well while U.S. scientists tried to figure out just how much crude was still pouring out. |
Govt to try again to push fuel price reform (Reuters) Posted: 08 Jun 2010 06:14 AM PDT Reuters - The government said on Tuesday it would seek again to reach agreement on a controversial increase in fuel prices to help improve its fiscal position, despite opposition to subsidy cuts from a key coalition ally. |
Bhopal gas verdict slammed, demand for stricter law (Reuters) Posted: 08 Jun 2010 04:58 AM PDT Reuters - Activists demanded reforms of justice system and stricter laws for industrial disasters after a court took nearly 26 years to hand down a verdict for the world's worst industrial accident in Bhopal. |
Bharti closes $9 bln Zain Africa deal (Reuters) Posted: 08 Jun 2010 08:41 AM PDT Reuters - Bharti Airtel has completed its $9 billion acquisition of African operations from Kuwait's Zain in a deal that makes the Indian firm the world's fifth biggest cellphone company by subscribers. |
GM recalls 1.5 million vehicles on fire risk (Reuters) Posted: 08 Jun 2010 12:02 PM PDT Reuters - General Motors Co on Tuesday announced a recall of about 1.5 million trucks, crossovers and cars from model years 2006-2009 because the unit that heats the windshield washer fluid could catch fire. |
Anil Ambani withdraws suit against brother - report (Reuters) Posted: 08 Jun 2010 08:34 AM PDT Reuters - Billionaire Anil Ambani has withdrawn a defamation suit against elder brother Mukesh, the world's fourth-richest man, the Press Trust of India reported on Tuesday. |
Portugal's Nani exits injury-plagued World Cup (Reuters) Posted: 08 Jun 2010 06:51 AM PDT Reuters - Portuguese winger Nani became the latest big name to drop out of the World Cup on Tuesday, but there was no dampening the enthusiasm of fans pouring in and readying TV sets around the world. |
India gold rises to new record; physical buying weak (Reuters) Posted: 08 Jun 2010 03:08 AM PDT Reuters - India gold demand eased after the yellow metal tested a fresh record, deterring jewellers further in a seasonally lean period, dealers said. |
Reliance, Essar gear up for India fuel deregulation (Reuters) Posted: 08 Jun 2010 12:02 PM PDT Reuters - Indian private oil retailers Essar Oil and Reliance Industries plan to boost retail networks if India eases control on fuel prices, a move that will reduce both exports and imports of refined products, officials and analysts said. |
Inflation may ease with monsoon - RBI (Reuters) Posted: 07 Jun 2010 11:25 PM PDT Reuters - Price pressures in India will start to ease if the country gets a normal monsoon season but the Reserve Bank of India (RBI) will further tighten monetary policy, RBI Deputy Governor Subir Gokarn said on Tuesday. |
FACTBOX - Major welfare schemes feeding budget deficit (Reuters) Posted: 08 Jun 2010 03:31 AM PDT Reuters - Reuters The government has deferred a decision on cutting fuel subsides, a move seen necessary to cut a budget deficit but which will also complicate efforts to tackle the political hot potato of high inflation. |
Foreigners could fund half of India infra fund (Reuters) Posted: 08 Jun 2010 07:15 AM PDT Reuters - India's first ever infrastructure debt fund could raise half of its $11 billion corpus overseas, tapping sovereign and insurance funds to finance building roads and utilities needed to accelerate growth. |
Apple unveils iPhone 4 to fend off Google (Reuters) Posted: 07 Jun 2010 07:46 PM PDT Reuters - Apple Inc unveiled a new iPhone on Monday that goes on sale in scores of countries this year, preparing its fastest-ever global roll-out to try and stay a step ahead of rivals like Google Inc in a red-hot smartphone market. |
FACTBOX - Key pending reforms in India (Reuters) Posted: 08 Jun 2010 02:35 AM PDT Reuters - Reuters The government has deferred a decision on cutting fuel subsidies, seeking time to convince reluctant political allies about the reform crucial to improve public finances and let private fuel retailers enter the market. |
Hyundai Motor's Chennai plant strike enters 2nd day (Reuters) Posted: 08 Jun 2010 04:40 AM PDT Reuters - Production at Hyundai Motor's Chennai plant remained suspended by a workers' strike for the second day on Tuesday but negotiations were underway to resume operations, a spokesman for the Indian unit said. |
Warren Buffett lunch bid reaches $51,000 (Reuters) Posted: 07 Jun 2010 09:25 PM PDT Reuters - After a slow start, the annual online auction for a steak lunch with billionaire investor Warren Buffett has drawn a $51,000 bid, a number sure to rise by the time the auction ends Friday night. |
Deora bats for fuel reforms, ally opposes (Reuters) Posted: 08 Jun 2010 02:11 AM PDT Reuters - Oil minister Murli Deora said on Tuesday lifting fuel price controls would not hurt people, but a key government ally opposed the move, signalling potential delay in implementing the reform seen needed to improve public finances. |
'Appropriate decision' on oil prices at next meet - secy (Reuters) Posted: 08 Jun 2010 01:40 AM PDT Reuters - The government is likely to take an "appropriate decision" on fuel price reforms at the next meeting of the panel of ministers, which will debate whether petrol and diesel prices should be raised to international levels, Petroleum Secretary S. Sundareshan told reporters on Tuesday. |