■ 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.
■ Internet
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.
■ Aerospace
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.
■ Aviation
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.
■ Computers
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.
NO HUMAN ERROR: After the incident, the Coast Guard Administration said it would obtain uncrewed aerial vehicles and vessels to boost its detection capacity Authorities would improve border control to prevent unlawful entry into Taiwan’s waters and safeguard national security, the Mainland Affairs Council (MAC) said yesterday after a Chinese man reached the nation’s coast on an inflatable boat, saying he “defected to freedom.” The man was found on a rubber boat when he was about to set foot on Taiwan at the estuary of Houkeng River (後坑溪) near Taiping Borough (太平) in New Taipei City’s Linkou District (林口), authorities said. The Coast Guard Administration’s (CGA) northern branch said it received a report at 6:30am yesterday morning from the New Taipei City Fire Department about a
IN BEIJING’S FAVOR: A China Coast Guard spokesperson said that the Chinese maritime police would continue to carry out law enforcement activities in waters it claims The Philippines withdrew its coast guard vessel from a South China Sea shoal that has recently been at the center of tensions with Beijing. BRP Teresa Magbanua “was compelled to return to port” from Sabina Shoal (Xianbin Shoal, 仙濱暗沙) due to bad weather, depleted supplies and the need to evacuate personnel requiring medical care, the Philippine Coast Guard (PCG) spokesman Jay Tarriela said yesterday in a post on X. The Philippine vessel “will be in tiptop shape to resume her mission” after it has been resupplied and repaired, Philippine Executive Secretary Lucas Bersamin, who heads the nation’s maritime council, said
REGIONAL STABILITY: Taipei thanked the Biden administration for authorizing its 16th sale of military goods and services to uphold Taiwan’s defense and safety The US Department of State has approved the sale of US$228 million of military goods and services to Taiwan, the US Department of Defense said on Monday. The state department “made a determination approving a possible Foreign Military Sale” to the Taipei Economic and Cultural Representative Office in the US for “return, repair and reshipment of spare parts and related equipment,” the defense department’s Defense Security Cooperation Agency said in a news release. Taiwan had requested the purchase of items and services which include the “return, repair and reshipment of classified and unclassified spare parts for aircraft and related equipment; US Government
More than 500 people on Saturday marched in New York in support of Taiwan’s entry to the UN, significantly more people than previous years. The march, coinciding with the ongoing 79th session of the UN General Assembly, comes close on the heels of growing international discourse regarding the meaning of UN Resolution 2758. Resolution 2758, adopted by the UN General Assembly in 1971, recognizes the People’s Republic of China (PRC) as the “only lawful representative of China.” It resulted in the Republic of China (ROC) losing its seat at the UN to the PRC. Taiwan has since been excluded from