Alcan snubs Alcoa's takeover attempt
TANGLED RELATIONSHIP:
From 1902 until 1928, the two companies were owned by the same parent, but the Canadian unit was spun off after US anti-trust concerns
Canadian giant Alcan Inc on Tuesday snubbed US rival Alcoa Inc's bid to create the world's biggest aluminum company by refusing the former parent company's hostile US$33 billion bid.
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EU to vote on roaming cap
Mobile phone users in Europe could enjoy cheaper calls made and received abroad as early as this summer, EU officials said yesterday, as the European Parliament was set to vote in favor of capping mobile phone roaming charges.
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Chipmakers to ditch troubled flash units
Intel Corp and Swiss chip maker STMicroelectronics NV are unloading troubled divisions that make a type of flash memory used primarily in cellphones.
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Nintendo targets selling 35 million Wii consoles
Nintendo Co, the world's largest maker of handheld game players, said it expects to sell as many as 35 million Wii consoles in the US to approach the record 38.2 million PlayStation 2s sold by Sony Corp.
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New investors in China don't know market: survey
As Chinese stocks soar to records and new buyers pile into the market, a survey has confirmed a troubling reality: Few investors really understand how stock markets work.
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World Business Quick Take
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