■ Exchange talks break down
Stock exchange operator Deutsche Boerse AG said on Tuesday it had suspended further talks with the Milan-based Borsa Italiana about a joint approach for the consolidation of European exchanges. Deutsche Boerse said that during the course of talks about signing a letter of intent, an agreement over "certain key issues" arose and could not be overcome. Neither company identified those issues. Last month, Borsa Italiana signed the letter of intent to create a European federation of exchanges that aimed to include Euronext NV, which operates the Paris, Amsterdam, Brussels and Lisbon exchanges.
Yahoo tests ad software
US Internet search giant Yahoo began testing new software on Tuesday to expand the use of banner-style online advertising from desktop computers to mobile telephones. The software is designed to project small graphic advertisements onto the screen of a mobile phone and has been tailored for Yahoo's Mobile Web service in the US. The service allows users to access
e-mail, Internet search and news functions and the first image-oriented ads are due to go live this week. The ads will be visible as images across the top of a mobile phone screen.
Airbus posts quarterly loss
The European aerospace group EADS registered losses in the third quarter because of delivery delays for the new Airbus A380 superjumbo, it announced yesterday. The group suffered a net loss of 195 million euros (US$249 million) against a profit of 279 million euros for the same period a year earlier. Operating losses were 239 million euros, against operating profits of 559 million euros a year earlier. Over nine months, the group realized operating profits of 1.399 billion euros against 2.099 billion euros for the same period last year. FedEx, the world's largest express delivery group, on Tuesday became the first customer to abandon the much-delayed A380.
Malaysia boosts facilities
Malaysia's budget airline terminal will get a boost with plans to build a railway line connecting it to the main international airport, the Star said yesterday. Deputy Prime Minister Najib Razak was quoted by the newspaper as saying the Cabinet has agreed to link the low-cost terminal to the main Kuala Lumpur International Airport by train, which will cut the journey to 11 minutes compared to 20 minutes by bus. The nation launched its 108 million ringgit (US$29 million) low-cost terminal in March as part of efforts to become a regional aviation hub.
Dell launches business line
Dell yesterday introduced a set of simplified, energy-saving business computers designed to enhance performance while reducing operating costs. Dell's offerings included the company's first business desktop computer built with AMD chips, and servers that used recently-introduced quad-core processors from AMD's Silicon Valley rival Intel. "It is about customers wanting to have some flexibility in what is available to them," Dell product manager Rick Perez said. "A lot of customers are getting comfortable with using AMD on the server side," he said. The computers are compatible with Microsoft's Vista operating system.