Business World

Business World

Microsoft's Failed Yahoo Bid May Kill Their Search Aspirations

After their failed Yahoo bid, Microsoft is left pondering its next step. It is widely thought that Yahoo was Microsoft's only chance of competing with Google, now making mincemeat of Microsoft, both in market share of searches and online (Pay-per-click) advertising.There is now talk of Yahoo partnering with Google which I think would be harmful for us as searchers, though perhaps only marginally more harmful than a Microsoft Yahoo takeover. The...Read More

Business World

India Pledges Massive Investment in Africa

India's Prime Minister Manmohan Singh has pledged to invest $500 million in Africa, in a bid to re-established strong trade and cooperation ties, with India's desperation to find new sources of natural resources. The move is also in response to China recently muscling in on countries previously mainlining good relations with India.Speaking at the first summit aimed at strengthening India/Africa ties Singh also said he would give greater access...Read More

Business World

Wall Street Journal Comes to London

In a move a James Bond meglo-foe would be proud of, Rupert Murdoch is to start publishing the Wall Street Journal in London, in what can only be seen as a direct attempt to further damage other publications, like Pearson's Financial Times. I for one neither have any doubt nor am afraid to say that Rupert Murdoch's ultimate goal in life is to control the world of Main Stream media.It goes on sale from April 16 from 250 newsagents in the heart...Read More

Business World

British Airways Open BA-Only Terminal 5 at Heathrow

British Airways is moving into its controversial Terminal 5 overnight 26/27 Mar 2008. The new terminal was controversial because of its size, and protests by eco-groups. Now that it is built and in operation, it will remove some of the congestion that Heathrow airport is best known for, running some 27 million passengers per year over its 40 million per year capacity. The new terminal's capacity is 30 million passengers per year which doesn't give...Read More

Business World

Shock Rise in UK Retail Sales for February

UK Economic analysts have been shocked by an upturn in retail sales for the Month of February, fuelled mostly by increases in food purchases from Supermarkets. Retail sales figures for February climbed 0.5% from figures taken in January this year, and 5.5% from the figure of February last year. The upturn is in stark contrast to what analysts expected, having predicted a 0.2% fall in retail sales for February. It is likely that the rise will...Read More