Apple joins Dell in recalling 1.1m Sony laptop batteries
San Francisco: Apple Computer is joining Dell Computers in recalling more than one million Sony laptop computer batteries due to the dangers of them bursting into flames, the United States Consumer Product Safety Commission said on Thursday.

The recall centered on lithium-ion batteries made by Japan-based Sony and sold with some iBook G4 and PowerBook G4 computers, according to the commission.

The Apple battery recall came soon after Dell Computer recalled almost 4.1 million laptop batteries with cells made by Sony.
Back to News Review index page  

IMF urges China to tighten up
Washington: The International Monetary Fund has said that China's economic policies are still not sufficiently tight to curb credit growth and urged Beijing to further tighten monetary policy.

China hiked interest rates on Aug. 18 for the second time in four months to cool booming credit and investment that the central bank said posed problems for the economy. The People's Bank of China ordered an increase of 0.27 percentage point in commercial banks' benchmark one-year deposit and lending rates. The deposit rate is now 2.52 percent and the lending rate stands at 6.12 percent. The bank raised lending rates by the same margin on April 27 but kept deposit rates unchanged.

China's growth quickened to 11.3 percent in the second quarter of this year from a year earlier, compared with 10.3 percent for the previous quarter.
Back to News Review index page