MILAN (Reuters) – News Corp’s satellite pay-TV unit Sky Italia sees enormous scope to grow its business and rejected talk of a war with its main rival, its chief executive said in a newspaper interview on Sunday.

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News’s Sky Italia sees enormous room to grow: report

NANJING, China (Reuters) – The euro zone does not risk the sort of debt problems plaguing Dubai, senior European Union officials said on Sunday.

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Euro zone sees no default spillover from Dubai woes

TEL AVIV (Reuters) – IBM , the world’s biggest technology services company, is expected to announce this week the acquisition of database security start-up Guardium for $225 million, Israeli financial newspaper TheMarker reported.

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IBM to buy start-up Guardium for $225 million: report

HELSINKI (Reuters) – Ailing telecom equipment maker Nokia Siemens Networks has changed its business focus to increasing its market share, the new chief executive of the venture was quoted as saying on Sunday.

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Nokia Siemens CEO says focus on market share: report

DUBAI (Reuters) – Dubai World has refused to offload assets at fire-sale prices to repay obligations, forcing it to seek a debt standstill, a newspaper report on Sunday quoted an unnamed source at the government-controlled firm as saying.

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Dubai World refused distress-asset sale: report

A rare direct meeting between North Korean and American officials next week is unlikely to produce a major breakthrough in the standoff over Pyongyang’s nuclear program, media reports cited a senior Seoul official as suggesting Sunday. President Barack Obama’…

Barack Obama – North Korea – United States – Seoul – Pyongyang

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Seoul downplays expectations of US-NKorea talks

Hugo Chavez says he is starting to “bombard” clouds now that Cuba has provided Venezuela with cloud-seeding help in an effort to produce rain and alleviate the effects of a severe drought. The Venezuelan president said Saturday night that specialized…

Venezuela – Hugo Chávez – List of Presidents of Venezuela – South America – Hugo Chavez

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Venezuela turns to cloud-seeding to battle drought

Robert Arnold came off the bench to score a season-high 17 points and spark Boise State to a 79-73 victory over North Texas Saturday night. Arnold, a transfer from Antelope Community College, scored seven points in a 17-4 Boise State run midway through the…

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Boise State holds off North Texas 79-73

Federal agents have raided a pair of San Diego County flea markets and seized thousands of pieces of what they say is phony brand-name clothing. The North County Times said Saturday that search warrant affidavits from Immigration and Customs Enforcement show…

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Feds seize fake labels at 2 San Diego-area markets

J.P. Dumont and David Legwand scored early in the third period, and Dan Ellis made 23 saves to help the Nashville Predators beat the Florida Panthers 4-1 on Saturday night. Dan Hamhuis and Joel Ward also scored for Nashville, coming off a 3-1 home loss Friday…

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Predators beat Panthers 4-1

WASHINGTON (Reuters) – The Treasury Department wants lenders and companies that process monthly mortgage payments to do more to rework troubled home mortgage loans and will announce new measures on Monday aimed at achieving that goal, a department spokeswoman said on Saturday.

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Treasury wants more lender leeway on loans

Hot on the heels of India’s prime ministerial visit to Washington, a 50-plus-member Bay Area delegation arrived in Bangalore today, ready to do business. San Francisco’s developing ties with the “Silicon Valley of India” might not quite achieve the status as…

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S.F. mayor in India pioneering deals

The Federal Reserve isn’t too popular these days, what with its failure to predict or prevent the financial crisis and recession, not to mention its involvement in last year’s bailouts. Rep. Ron Paul, R-Texas, has a best-selling book out called “End the Fed,”…

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Fed uses ads to improve battered public image

Researchers recently found an insect in north Georgia that has never before been reported in the Western Hemisphere – and its arrival could be both a blessing and a curse. Some might celebrate the arrival of the kudzu-munching bug, which could help control…

Western world – Georgia – United States – Mahmoud Ahmadinejad – Society and Culture

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Bug invasion poses risks to Georgia crops

Average rates for 30-year fixed mortgages fell last week, matching a record low set last spring and more than a full percentage point below what they were a year ago, Freddie Mac said Wednesday. Rates for 30-year mortgages averaged 4.78 percent last week,…

Mortgage – Freddie Mac – Business – Financial Services – United States

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30-year mortgage rates sink, match record low