Microsoft exit hits Yahoo shares

  Withdrawal of Microsoft bid has hit Yahoo badly. In the opening hours of trading at German bourses. " Yahoo's German-listed shares plunged 17% after software giant Microsoft dropped its three-month-old bid to buy the internet firm. Analysts expect Yahoo's US...

China set to launch record number of spacecraft in 2008: report

"China will launch a record number of spacecraft this year, state media reported Tuesday, amid a rise in tensions among world powers over the militarisation of space. China plans to send up more than 10 missions this year, said Yang Baohua, head of the China Academy of Space...

Microsoft wants to purchase Yahoo

"Microsoft has offered to buy the search engine company Yahoo for $44.6bn (£22.4bn) in cash and shares. The offer, contained in a letter to Yahoo's board, is 62% above Yahoo's closing share price on Thursday. Yahoo cut its revenue forecasts earlier this week and said it...

China FM in flurry of phone calls after US report on Iran released

""The Chinese side is willing to continue to make efforts to appropriately resolve the Iranian nuclear issue," the statement quoted Yang as telling Solana in the late-night telephone call.In a report released Monday, the US National Intelligence Estimate said Iran halted its...

China`s lunar probe enters moon orbit

"Chang-e I will orbit the moon for about a year, photographing and mapping the lunar surface, but its first pictures are not expected to be transmitted until late this month. The probe, named after a legendary Chinese goddess who flew to the moon, is the first stage of...

IPB, Taiwan open university farm in Bogor

"Chen said the 10-hectare agribusiness center would serve as an agribusiness model, training venue for students and farmers as well as a marketing center for agricultural products. He said the center would not only be a research center for academics but also for the overseas...