Sunday, June 10, 2007

U.S. backs Microsoft against Google complaint: NYT

(Reuters) - The complaint, which is tied to a consent decree that monitors Microsoft's behavior, has not been made public by Google or the judge overseeing the consent decree, the article said.




State officials told the newspaper that a memo by Thomas Barnett, an assistant attorney general, rejected the Google complaint, repeating legal arguments made by Microsoft.


Read more at Reuters.com Business News

Oil prices may hit $80 a barrel

(Reuters) - Oil prices could surge to $80 a barrel this year because of tropical storms, rising demand for gasoline and disruptions in crude supplies from Nigeria, a senior Iranian oil official said on Sunday.

"The $80 price is a maximum forecast for oil in the current year but the average price of oil in the current year will be $66.20," Mohammad Ali Khatibi, deputy director for international affairs of the National Iranian Oil Company (NIOC), said.


Read more at Reuters Africa