Lone Star to buy IKB, the German subprime casualty (International Herald Tribune)

21 August 2008, 12:38 am

Lone Star Funds, the Dallas-based private equity firm, has agreed to buy IKB Deutsche Industriebank after the German bank collapsed, becoming the country's first casualty of the subprime mortgage crisis.... read more

Scouting the defenses (Philadelphia Daily News)

21 August 2008, 12:35 am

* Chargers: Led the league with 48 turnovers forced and have the second-easiest schedule after the Patriots. * Vikings: The pass rush is upgraded by the acquisition of Jared Allen from the Chiefs.... read more

Up in the air's no excuse for missing e-mail (Baltimore Sun)

21 August 2008, 12:33 am

American Airlines begins limited service to let you and your boss keep in touch One of the few remaining Internet-free havens vanished yesterday as American Airlines launched airborne e-mail, Web and other online services on some of its longer, nonstop flights.... read more

U.S. slams Iraq unit's 'rogue' attack (Miami Herald)

21 August 2008, 12:31 am

The U.S. military on Wednesday denounced a chaotic raid conducted by an Iraqi special forces unit Tuesday morning that killed an Iraqi government employee and sparked a gunfight with police in Diyala, northeast of Baghdad.... read more

S.Korea KEPCO unit to build solar power on Dokdo (Reuters via Yahoo! Malaysia News)

20 August 2008, 11:17 pm

SEOUL, Aug 21 (Reuters) - A unit of Korea Electric Power Corp will build a 2.5 billion won ($2.38 million) solar power plant on Dokdo, a cluster of rocks in the East Sea at the centre of a diplomatic dispute between South Korea and Japan.... read more

Singapore's ComfortDelGro unit scraps acquisition (Reuters via Yahoo! Malaysia News)

20 August 2008, 9:39 pm

SINGAPORE, Aug 21 (Reuters) - Singapore bus and taxi firm ComfortDelGro Corp said on Thursday its Australian unit ComfortDelGro Cabcharge Pty Ltd had scrapped a plan to buy bus builder Custom Coaches Pty Ltd after completing due diligence.... read more