Mumbai, August 4 News Corp will invest in regional channels, though picking up equity in print media is not on the radar yet, said the Chairman, Mr Rupert Murdoch, referring to the 26 per cent cap on foreign direct investment (FDI).

Updated news from Balkan Europe powered by www.seenews.com Thursday 31 July 2008, by Emanuele G. - 0 letture Albania Sells 11.1 Bln Leks in T-Bills, To Auction Another 6.2 Bln Leks in T-Bills on Tuesday Jul 31, 2008, 15:30 CET | Story | SeeNews TIRANA (Al

Things over at the Globe —a paper that, like most mid-sized dailies, has been stuck in an endless cycle of circulation losses, plummeting ad revenue and newsroom cutbacks—went from worse to how the Christ are these people still in business last week.

Hurt by what it termed slumping advertising revenues and a weakening economy, the publisher of Greenwich, Westport and New Canaan-Darien Magazines has laid off 35 percent of its work force and will scale back its publication schedule.

US businesses piled up inventories at a slower rate than expected in August as their sales fell by the largest amount in two years, the Commerce Department reported today.