Indonesia government may set up holding company for state banks

""We have submitted a proposal (to Bank Indonesia). The possibility is to set up a holding company," State Enterprises Minister Sofyan Djalil told reporters.Bank Indonesia has set an end-2007 deadline for affected bank owners to decide on how they would comply with the...

Temasek wants to merge Indonesian banks: BII

"Singapore's Temasek Holdings wants to merge Indonesia's Bank Internasional Indonesia (BII) and Bank Danamon pending approval from banking regulatory bodies here, BII said Thursday.Bank Danamon is the fourth largest bank in Indonesia by assets, while BII is the sixth...

Indonesian bourses to merge, aim to lure new funds

"Shareholders of Indonesia's Jakarta and Surabaya exchanges have approved a plan to merge the two bourses, a move aimed at revamping the country's capital market. The merged exchange, the Indonesia Stock Exchange, with around 400 listed companies, is expected to develop a...

ITV to merge regional newsrooms

"Broadcaster ITV is hoping to reduce its number of regional newsrooms from 17 to nine by merging some services. The broadcaster aims to save between £35m and £40m a year to invest in programmes with the closures, but must get permission from regulator Ofcom. The London,...

Online Applications Offline

"Google has launched a tool designed to make it easier for computer users to use online applications offline. One of the key limitations of web services such as e-mail, word processing and calendars, is that they require a net connection to function. Gears allows access to...

Ad Control at Stake on Dispute against Google

"YouTube lays a deeper struggle over who controls the relationship with advertisers that will take years to resolve, behind a media industry furor over Google Inc.'s popular video-sharing site. Many new models will be tested to determine which is worth more to...

Sirius and XM to merge

"NEW YORK (AP) — XM Satellite Radio Holdings Inc. and Sirius Satellite Radio Inc. have agreed to merge, the two companies said Monday. The deal would consolidate the only two companies in the emerging business of subscription-only satellite radio, and is sure to face tough...

Townships Might Save Big If 2 Fire Companies Merge

" December 31, 2006 Ohio - Officials from Clinton and Mifflin townships are considering merging their fire departments to save about $1 million a year. Clinton Township Fire Chief Randy Stickle and Mifflin Township Chief Jim DeConnick are leading the discussions, and public...

Ten Reasons To Impeach The President

""The act of writing up Articles of Impeachment is not difficult. You just write them on a piece of paper," -US Rep. McKinney (D-GA) Remember what Bill Clinton was impeached for when reading the following ten reasons why George W Bush should be impeached: North American...

Rumsfeld Leads Secret Talks on North American Merger

Unbeknownst (and unreported) to citizens of Canada, the United States and Mexico, top government, military, and corporate leaders from all three nations secretly met in Banff this week to pursue discussions on the merging of North American security, economy and defense.Among...