News Digest for August 31, 2006

There are 5 items today… Euronext vows to do merger with NYSE despite opposition | Unloved bonds make investor comeback — for now | Infosys Fines Exec for Tardy Reporting | ETCs bring commodities to ordinary investor |Firefox 2.0 Beta 2 Will Launch Today

Euronext vows to do merger with NYSE despite opposition
The Children’s Investment Fund, which has a 10 per cent stake in Euronext, said that it would call a parallel meeting to study a rival bid from Deutsche Börse.

Unloved bonds make investor comeback — for now
Signs that the world economy is at a turning point are being reflected by tentative evidence that bonds are moving back into favor after years as an unloved alternative to booming equities.

Infosys Fines Exec for Tardy Reporting
Infosys Technologies, a Nasdaq-listed software and IT consulting company based in India, has fined one of its executives what amounts to more than one-quarter of his salary for breaking the company’s code of conduct.

ETCs bring commodities to ordinary investor
The launch will balloon the number of existing ETFs and similar type securities in the UK to double what is currently available. The 19 separate classes of commodity securities to be listed will include a wide range of commodities from Aluminium to Zinc and will track the underlying commodity index.

Firefox 2.0 Beta 2 Will Launch Today
Barring more bugs, Firefox Beta 2 will release Thursday, Mozilla Corp. developers reported after a weekly status meeting held Tuesday.

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