Singapore ranked easiest for business
STANDING STILL:
Taiwan, Cambodia, Hong Kong and the Philippines failed to make improvements in any of the 10 areas of the report, while Egypt improved in five areas
For the second year in a row, Singapore was ranked the world's easiest place to do business, followed by New Zealand and the US, the World Bank's annual Doing Business report said yesterday.
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Sharp to sell seven Blu-ray recorder models
Sharp Corp, a member of Sony Corp's Blu-ray digital disc group, will sell seven recorder models in Japan beginning on Oct. 27 to take market share from Toshiba Corp's rival high-definition DVD (HD DVD) standard.
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GM, workers reach tentative pact
General Motors Corp (GM) has reached a tentative deal with striking autoworkers who shut down 80 plants across the US, the US-based automaker said yesterday.
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Telecom must be broken into three units: New Zealand
CONSUMER FRIENDLY:
Other Internet providers have complained that the company's monopoly has hindered the introduction of faster, cheaper services
The New Zealand government yesterday ordered Telecom, the country's dominant phone company, to split into three units in a bid to level the playing field in the telecommunications industry.
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Amazon launches music store without copying protection
Internet retailer Amazon.com Inc launched its highly anticipated digital music store on Tuesday with nearly 2.3 million songs, none of them protected against copying.
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Bloggers report scratches on special `Halo 3' disks
Just hours after die-hard fans finally got their hands on a copy of Halo 3, blogs brimmed with reports that special limited-edition packaging is scratching the video game disks.
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World Business Quick Take
■ INTERNET
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