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Air France takes over KLM
Paris: In the first cross-border merger of major European airlines, Air France has taken over 89 per cent of the share capital of Dutch carrier KLM for $995 million, creating Europe's biggest airline with a fleet size of 550. The new airline will also carry the third highest passenger traffic in the world.

The Dutch government will continue to hold 51 per cent of its voting rights in KLM while the French government is likely to divest its majority stake in Air France soon as part of its privatisation plan.
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Monoclonal antibody to block HIV infection
London,UK: Progenics Pharmaceuticals, Inc. has announced that it has begun phase 1 clinical trials of a new HIV therapy - a humanized monoclonal antibody that blocks infection by inhibiting the ability of the virus to enter healthy cells. PRO 140 belongs to a new class of drugs, viral-entry inhibitors, which are designed to prevent HIV (human immunodeficiency virus, the causative agent of AIDS) from gaining access to cells of the immune system. Unlike currently approved therapies, PRO 140 blocks the CCR5 coreceptor, one of the principal portals HIV uses to enter cells, that was discovered in 1996 by Progenics' scientists and their collaborators. Because of its novel mechanism of action, PRO 140 has the potential to be broadly active against viruses that have acquired resistance to existing classes of antiretroviral therapies. The announcement was made at the 4th Annual Fortis Bank Biotechnology Conference in London.

PRO 140 is a humanized monoclonal antibody designed to bind CCR5 on immune-system cells and thereby shield the cells from infection with HIV. PRO 140 is highly specific in targeting a site on CCR5 that is utilized by HIV without interfering with the normal function of CCR5. In 1996, Progenics scientists and their collaborators discovered that HIV uses CCR5 as a principal portal to gain entry into and infect the host cell. In order to reproduce, HIV must enter a cell and incorporate its genetic material into the cell's DNA, thereby commandeering the host into producing numerous copies of the virus. These new viruses are then released into the bloodstream to infect other cells. Viral-entry inhibitors like PRO 140 are designed to stem this cycle of infection and reproduction by blocking virus before it enters a healthy cell, whereas conventional HIV medications work by inhibiting viral reproduction only after the virus has infected the host cell.
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IBM eServer i5 Systems with POWER5
Armonk, USA: IBM has introduced the eServer i5, the first systems to be powered by IBM's POWER5 microprocessors. Running i5/OS, the next generation of OS/400, the new eServer i5 systems provide small and medium-sized businesses with unprecedented power, flexibility and cost benefits. Powered by POWER5 microprocessors, the most powerful 64-bit chips ever built by IBM, the IBM eServer i5 can integrate and run multiple operating systems simultaneously including i5/OS, Windows, Linux and AIX 5L. The eServer i5 has the ability to run AIX 5L alongside i5/OS to consolidate and manage UNIX solutions. Businesses using the eServer i5 can average up to 40 percent improvement in system price/performance over previous iSeries systems with comparable prices to UNIX-based systems for memory, disk and server components.

  • The eServer i5 servers are pre-loaded and tested with an integrated operating system, i5/OS, that integrates the base software a business needs, including the industry standards-based IBM DB2 UDB database. The i5/OS is integrated with IBM WebSphere - Express, a scalable transaction engine for dynamic e-business applications.
  • The eServer i5 systems are powered by IBM's next-generation POWER5 microprocessor, the most advanced 64-bit chip in the industry. POWER5 features an impressive 276 million transistors per processor, and is manufactured with IBM's 0.13-micron copper wiring and SOI (Silicon-on-Insulator) technologies. In addition to providing communications acceleration and chip multiprocessing, POWER5 offers simultaneous multithreading (SMT), which transforms a single processor core into two logical processors, as seen by the operating systems and application software. Since the POWER5 chip has two processor cores, SMT essentially allows the chip to run four application threads at the same time, thereby reducing the time it requires to complete a task.

Businesses can further simplify their IT environment on the eServer i5 server with the new support for running Linux on Intel processor-based Integrated xSeries server. Customers can reduce infrastructure server costs by managing all of their Linux and Windows servers together with integrated storage, security and backup.The IBM eServer i5 will be available as of June 2004.
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domain-B : Indian business : News Review : 05 May 2004 : international business