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Iron Man 3 to Hit IMAX Theaters Worldwide Starting April 25

2013-01-22 16:18:16| Toys - Topix.net

IMAX Corporation and Marvel Entertainment, a division of The Walt Disney Company, today announced that Marvel's Iron Man 3 , the latest installment of the film franchise that has grossed more than $1.2 billion at the global box office, will be digitally re-mastered into the immersive IMAX 3D format and released to IMAX theatres internationally ... (more)

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Microsoft Surface tablet hit by update glitch, say some owners

2013-01-22 15:32:51| CNET News.com

Some Surface owners say they can no longer connect to the Windows Update service to download the latest patches. [Read more]

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Upstream mergers and acquisitions activity hit $232bn in 2012, says study

2013-01-22 01:00:00| Hydrocarbons Technology

Scotland-based energy and mining research consultancy group Wood Mackenzie has said that a record $232bn was spent on upstream mergers and acquisitions (M&A) activity in 2012.

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STC profits hit by impairment charges

2013-01-21 11:06:00| Telecompaper Headlines

(Telecompaper) Saudi Telecom Company (STC) reported a 6.7 percent increase in revenues for 2012, to SAR 59.37 billion. The increase in revenues was attributed to growth in broadband (fixed & mobile), the business segment and wholesales services. Net income amounted to SAR 7.35 billion, down 4.9 percent from 2011. This was due to charges in Q4 to write down the value of investments in Cell C in South Africa and Aircel in India. As a result of the impairment charges of SAR 641 million and STC's share of extra regulatory fees for Aircel of SAR 544 million, net profit in the fourth quarter fell 79 percent to SAR 468 million. Excluding the charges, STC said net income would have been SAR 8.54 billion for the year, an increase of 10.4 percent compared to 2011. The board recommended the distribution of SAR 1.0 billion in cash dividends for Q4 2012, equal to SAR 0.5 per share. STC's total domestic mobile customer base increased 9.3 percent compared to Q4 2011 and 2.6 percent compared to Q3 2012. The fibre-optic network reached over 500,000 homes passed by year-end and counted more than 100,000 connected customers.

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Girls 'hit hard by world recession'

2013-01-21 01:24:30| BBC News | Business | UK Edition

A shrinking world economy is painful for many, but girls and women are suffering from the effects of recession

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