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Castro says Cuba to cut spending, communism secure

HAVANA (AP): Raul Castro announced Saturday that Cuba will cut spending on education and health care, potentially weakening the building blocks of its communist system in a bid to revive a foundering economy.


GE looks at partnership or IPO for NBC Universal

NEW DELHI: General Electric Co (GE) is holding discussions on partnerships or an initial public offering (IPO) for its NBC Universal unit, chief executive Jeffrey Immelt said, as expectations grow about a deal with cable operator Comcast Corp.


Tradewinds: Bernas deal in company’s interest

KUALA LUMPUR: Tradewinds (M) Bhd said its proposed acquisitions as well as mandatory general offers (MGOs) with Padiberas Nasional Bhd (Bernas), were made in the best interest of the company, in being able to consolidate the financial results of Bernas as a subsidiary arising from the proposals.


The road to Copenhagen

TODAY'S column comes from Kahala, Honolulu along Waikiki Beach. Its lagoons house six Atlantic bottle-nose dolphins within a secluded long stretch of clean, sandy beach and tropical gardens, amidst blue skies and lots of sunshine.


Australia: Uranium sales to Russia OK, India not

CANBERRA: Any Australian uranium sales to Russia would meet nonproliferation requirements, but the government remains firmly against sales to India, Trade Minister Simon Crean said Friday.


Schwarzenegger urges Congress to act on trade

SEOUL: California Gov. Arnold Schwarzenegger urged the U.S. Congress to quickly ratify pending free trade agreements with South Korea, Panama and Colombia, saying Wednesday that the deals are vital to Washington's goal of doubling American exports in five years.


S. Korea, US presidents seek to finalize trade deal

SEOUL: The leaders of South Korea and the United States agreed to try and finalize a long-stalled free trade deal ahead of a summit of major economies set for next week, the office of South Korea's president said Tuesday.


Green aviation targets need to be realistic

PETALING JAYA: Realistic targets for environmental mitigation in the aviation industry must be set at the next climate change meeting - the 16th Conference of Parties (COP16), said aviation anaysts.


South Korean trade minister defends deal with US

SEOUL, South Korea (AP) - South Korea's top trade official defended a hard-fought compromise with the United States to salvage a stalled free trade agreement, rejecting accusations that his government gave up too much to seal the deal.


Ex-Seloga director tells his side of story

PETALING JAYA: Datuk Syed Amin Aljeffri, a former director of Seloga Holdings Bhd, has bared all regarding the events leading to the requisition of an EGM on Jan 31 to remove him and three other directors.