Sony Corp launched a new handheld gaming device, the first to feature 3G wireless connectivity, as it battles with Nintendo's best-selling DS and tries to fend off rising competition from smartphones and tablets. The announcement came the same day Nintendo is expected to report a slide in quarterly profit. Nintendo launches its 3D version of
More
A mile-long floating walkway on London's River Thames is being planned in the heart of the capital, allowing views of the city's hidden alleys, wharves and landmarks dating back to medieval times. The pontoon, known as the "London River Park," will connect Blackfriars Bridge, on the western edge of the ancient city, and the Tower
More
Search engine giant Google launched a massive archive retrieval project with Israel's national Holocaust museum on Wednesday with the aim of easing public access to Nazi-era documents and photographs. The project was unveiled on the eve of a global day of remembrance for the six million Jewish Holocaust victims, marked annually on January 27. Officials
More
. Which insane civil servant decided to cut the promotional budget of the Cyprus Tourism Organisation by a whopping 19 mln euros? Because, in order to do this, the civil servant in question, his/her superiors, the responsible minister, the President and all members of parliament must be living on another planet and do not realize
More
– More projects, airport, hotel, hospital underway – Iraq has need for 4 mln new homes – Plans to convert Saddam palaces to tourist resorts FiberPro Group, a Dubai-based contracting company with operations in the UAE, Cyprus and Greece, has clinched a multi-billion deal for the construction of 30,000 houses in Iraq. The Cypriot owners
More
…as recession woes wane Focus on innovation, talent and workplace issues Two years removed from the depths of recession, CEOs' confidence in future growth has returned to nearly pre-crisis levels, according to the Annual Global CEO Survey conducted by PwC and released to coincide with the World Economic Forum in Davos. In the worldwide poll
More
Bankrupt financial company Lehman Brothers Holdings Inc proposed a new plan for divvying up billions of dollars among its creditors after bondholders said the previous version was unfair. The plan filed late Tuesday, key to Lehman's exit from the largest bankruptcy in U.S. history, comes after an earlier version filed in April met strong opposition
More
European shares rose on Wednesday after U.S. President Barack Obama's plan to freeze government spending boosted sentiment, while Porsche jumped as it said its merger with Volkswagen was on track. By 1001 GMT, the pan-European FTSEurofirst 300 index of top shares was 0.8 percent higher at 1,153.05 points, after falling 0.6 percent on Tuesday. "Obama's
More
The debut bond from Europe's financial rescue fund attracted robust demand on Tuesday, in the latest sign of confidence the bloc is getting to grips with the debt crisis that has haunted it for over a year. The IMF cautioned in a report that Europe still had work to do to restore faith in its
More
U.S. consumer confidence rose in January to its highest level in eight months, underscoring the brightening economic outlook, although declining housing prices still cast a cloud on the recovery. The Conference Board, an industry group, said on Tuesday its index of consumer sentiment jumped to 60.6 from 53.3 in December. The rise topped economists' expectations
More