The world's top cell phone maker Nokia unveiled on Monday its new online software and media store, hoping to follow the runaway success of Apple's App Store. The focus of the cell phone market has been shifting to software development since Google and Apple entered the mobile market in the past two years. Nokia unveiled
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Consumer demand for data services on mobile phones, such as accessing email or browsing the Web on the go, is rising despite the global economic downturn, a survey released Monday found. The survey of 50,000 consumers in Britain, France, Italy, Germany, Spain and the United States found that more than half of those who already
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Mobile phone maker Sony Ericsson on Sunday unveiled an 8 megapixel camera phone and unlimited movie download service for mobile phones. The firm also said it would bring to the market in the second half of the year a 12 megapixel camera phone model codenamed "Idou."
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By MacDonald Dzirutwe Zimbabwe's new finance minister said on Sunday he would reform the central bank and that help from regional power South Africa was crucial for recovery. Tendai Biti from the MDC, appointed finance minister last week under a power-sharing government with President Robert Mugabe, said he would present a new budget to parliament
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By Matthew Bigg Black colleges in the United States are reeling from the impact of a recession that has hit their funding and are struggling to retain poor and middle income students. The big government economic stimulus package President Barack Obama is expected to sign on Tuesday could provide some relief in a downturn that
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Asian stocks came under modest pressure on Monday, with dismal economic data and doubts about prospects for the financial industry outstripping investor relief that a U.S. economic stimulus bill had finally passed. The British pound fell, particularly against the yen, after the Group of Seven rich nations meeting over the weekend passed without public mention
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Venezuela's President Hugo Chavez promised to use a referendum victory that allows his re-election to fight crime and corruption and consolidate socialism in a nation whose oil income has fallen abruptly. With the global economic crisis overshadowing his larger-than-expected win on Sunday, the anti-U.S. Chavez told his mainly poor supporters that the government would have
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Japan's economy shrank in the last quarter at its fastest rate since the first oil crisis in 1974, hit by an unprecedented slump in exports, and economists warned there was little sign of any improvement for now. Japan's heavy dependence on exports and persistently soft domestic consumption has led to a sharper contraction than other
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The latest rainfall in Cyprus and anticipated rain will allow the government to handle the deadlines it has set much easier, as far as water management is concerned, Agriculture, Natural Resources and the Environment Minister Michalis Polinikis has said. He noted however that it is too early to decide on final measures and whether these
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The Cyprus goverment wants the EU to continue to deal with the Cyprus question in the right direction and on the right basis, Government Spokesman Stephanos Stephanou has said. Replying to a question concerning the recent visit of EU Commissioner Olli Rehn to Cyprus, Stephanou noted that the EU has shown its strong interest in
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