TRY AGAIN: The tie-up would have created the world's second trans-Atlantic exchange, but the company is now barred under takeover law from renewing its bid for one year
The NASDAQ Stock Market Inc failed for the second time in a year to win control of the London Stock Exchange PLC (LSE), revealing on Saturday that its £2.7 billion (US$5.3 billion) hostile bid had been spurned by the majority of the British bourse's shareholders.

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MORE TO OFFER: Facing relentless competition and dropping profits, telecom companies are betting on a set of new mobile services to revitalize the industry
Internet, computer and music giants are expected to flock to the 3GSM World Congress 2007 in Barcelona in an attempt to court the mighty mobile phone industry.

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Cut-price carrier Tiger Airways is likely to bring the Ryanair model of flying into cheaper, regional airports to Australia when it gets the go-ahead to operate Down Under, chief executive Tony Davis said yesterday.

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The head of Malaysian low-cost airline AirAsia said yesterday he hoped to secure approval by May to fly between Singapore and Kuala Lumpur and could operate 20 flights a day on the lucrative route.

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Australia's biggest telecommunications company Telstra hinted yesterday at expanding its business in China but said future earnings were not dependent on the Asian powerhouse.

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■ Trade
G7 renews push for Doha
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