US BUSINESS WEEK
Intel releases Web 2.0 business suite Computer Weekly Intel has launched the SuiteTwo business internet suite in collaboration with a number of partners at this week’s Web 2.0 conference in the US. Anger at Iraq war causes US election blow for Bush online only Socialist Worker The consequences of the occupation of Iraq came home to US president George Bush this week as his Republican Party suffered major defeats across the US in Congress elections. Until very late in the campaign, Bush was seen as a pariah for his own party’s candidates. Oil rises ahead of US inventories Ireland Business World Oil prices gained in Asian trade ahead of weekly US inventory data and as Americans counted the votes. Analysts expect the data from the United States Department of Energy to show US crude oil stocks grew by 775,000 barrels during the week ending Nov 3. SKorean court again rejects bid to arrest executives of US fund AFP via Yahoo! News A South Korean court has again rejected an attempt by prosecutors to arrest three executives of US private investment fund Lone Star on charges of manipulating share prices. Wall St rises ahead of US congressional elections Sunday Business Post Wall Street extended its November rally today, carrying the Dow Jones industrials to a new trading high as investors anticipated a business-friendly outcome of the US congressional elections and bought stocks across the market. LIBERALISATION US 'to float Apec-wide trade pact' The Nation US President George Bush will propose at next week's summit of Apec leaders a trade liberalisation pact covering Asia-Pacific countries, a US official said yesterday. SOMETHING MOST FOWL Peter McKay via Yahoo! News Last week, my wife had to go out of town overnight on business and left me to watch the kids. Stock markets stall after Democrats win House FT.com via Yahoo! News Stock markets fell on Wednesday and the dollar stalled near a six week low against the euro as investors awaited the outcome of the tightly-fought battle for the US Senate after the Democratic Party gained power in the House of Representatives. US envoy to visit Oro and check out solar project Sun Star A TOP-ranking official from the US Consular Office in Manila is set to visit Caan de Oro this week. Mayor Vicente Y. Emano revealed that Cleveland Charles, deputy economic counselor of the US Embassy, confirmed his visit to the city on November 8. Microsoft paying Novell $308 million for Linux pact USA Today In one of the more complex examples of the computing industry's idea of "cooptition," Microsoft will pay Novell a net amount of $308 million to market and distribute its competitor's product. The five-year Microsoft-Novell partnership, unveiled last week, involves a mix of patent, technology and business issues.
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