China Unicom not to slash CDMA prices
Beijing: China Unicom, the number two cellular-carrier in the worlds largest mobile phone market, said on Sunday it will not slash prices to boost demand for CDMA service.
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World Bank under fire on funding for mining, oil
New York: Civil groups in Eastern Europe and Central Asia slammed the World Bank for projects it funds in extractive industries at talks which ended over the weekend, participant groups said in a statement on Sunday.
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Adam Opel cuts Vectra sales targets: Report
Berlin: Adam Opel AG, the German unit of US auto giant General Motors, is cutting sales targets for its new mid-sized flagship Vectra model, the German magazine Automobilwoche said on Sunday, citing a board member.
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Oil majors bank on Saudi prince to save gas deal
Riyadh: Two of the worlds top oil majors are hoping Saudi Arabias de facto ruler will breathe life on Sunday into the kingdoms initiative to open up its vast gas fields to foreign investors, oil industry sources said.
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Belgacom denies interest in KPNQwest assets
London: Belgian telecoms operator Belgacom denied on Saturday it was interested in buying assets of bankrupt Dutch-based KPNQwest, whose network hung in the balance.
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Bayer CEO confirms eyeing Gerling stake
Berlin: The chief executive of Bayer AG confirmed on Saturday that the German chemicals and drugs group was interested in taking a stake in Gerling, the loss-making insurer put up for sale earlier this year, according to a newspaper report.
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