Apple Inc may charge about $1 million for displaying advertisements on its mobile devices, the Wall Street Journal said, citing advertisement executives. The rates may be even more to be among the first to advertise, the paper said. Apple's new advertising platform for the iPhone and iPad — dubbed iAd — marks Apple's first foray

Top mobile phone maker Nokia is set to launch a new phone called the X2, photos posted on the firm's Web site showed. Details of the phone were not immediately available, but the pictures showed it has a 5-megapixel camera. The firm declined to comment on the photos.

Strong corporate results and a rally by banks hauled Britain's top share index into positive territory early on Thursday as investor nervousness on the Greek dent crisis eased, outweighing weakness from energy stocks. By 0835 GMT, the FTSE 100 was up 31.71 points, or 0.6 percent higher at 5,618.32, having fallen 0.3 percent on Wednesday

European shares rose in early trade on Thursday, lifted by a raft of mostly positive earnings and word from the U.S. Federal Reserve it would keep rates near zero for an extended period. However, worries remained about downgrades to euro zone sovereign debt. At 0844 GMT, the FTSEurofirst 300 index of top European shares was

The stable outlook for credit conditions in the Qatari banking system is based on the country's enduring macroeconomic growth and the government's repeated interventions during 2009, Moody's Investors Service said in a new Banking System Outlook. "For 2010, Moody's expects Qatari banks' pre-provision profitability to remain at good levels and to be supported by higher

The euro zone and its partners are determined to help stabilise Greece, and restructuring its debt is out of the question, French Budget Minister Francois Baroin said on Thursday. "There is no doubt over the determination of the euro zone, of the European Central Bank, the IMF and the European Union to ensure the stability

ECB Governing Council member Axel Weber said on Thursday there was no acceptable alternative to rescuing Greece and urged quick approval of an aid package to prevent market upheaval and contagion to other states. A leading German parliamentarian expressed confidence that the Bundestag could move quickly to approve aid despite deep reservations in Germany about

Cypriot Minister of Finance Charilaos Stavrakis has said that Cyprus is ready to offer financial aid to Greece, of around 60 million euro. In statements Wednesday, the Minister said that Cyprus is ready to offer the above amount in the framework of the economic aid plan of the EU and the International Monetary Fund, for

The attraction of Foreign Direct Investments (FDI) could tackle the growth weaknesses of the economy, Cyprus President Demetris Christofias said on Wednesday. ''The attraction of foreign corporate capital, mainly for direct investments could play an important role in the effort to face the growth weaknesses of the economy and the restructuring of the productivity so