Deals of the Hour

Trying to find out what's the deal with the world, tracking what's on sale and who's talking about it on Twitter. Update hourly.

Deals of the Hour / July 4, 2010, 9:11 pm

Parma wrap up Bojinov capture

Parma president Tommaso Ghirardi has confirmed that the Serie A club have agreed a deal to sign Valeri Bojinov from Manchester City. Bojinov spent last season on loan at Parma and the club have been working hard to make his return to Italy a permanent one. A last-ditch bid from Sevilla and other ... (Source: TEAMtalk 2010-07-04T15:10:12Z)

Nakheel to handle property unit Limitless

DUBAI: A committee overseeing state-owned conglomerate Dubai World, which is in a deal with core lenders to restructure $23.5 billion in debt, has handed responsibility of property unit Limitless to Nakheel, Dubai said ... (Source: Lebanon Daily Star 2010-07-04T20:53:48Z)

North Korea keep check on Key

North Korean soldiers spied on Prime Minister John Key's every move as he toured the area between North and South Korea yesterday. Mr Key arrived in Seoul yesterday morning and was soon on his way to tour the demilitarised zone (DMZ) -- the 4km strip of land between the border of South and North ... (Source: National Business Review 2010-07-04T20:03:41Z)

Free agent David Lee visits Timberwolves

What: Fee-agent forward David Lee visited the Timberwolves on Saturday. He averaged 20.3 points and 11.7 rebounds for the New York Knicks last seasons. What it means: If the Wolves were to sign Lee, they would likely ... (Source: Post-Bulletin 2010-07-05T02:08:46Z)

Mideast investors eyeing possible deal with BP as oil giant seeks major funding ...

DUBAI, United Arab Emirates (AP) — BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to ... (Source: Baltimore Sun 2010-07-04T16:50:25Z)

Google to Acquire ITA for $700 Million

Google Inc. agreed to acquire ITA Software Inc. for $700 million, a deal the search-engine giant said will offer users more online flight information. Both companies have approved the all-cash transaction, which is ... (Source: Wall Street Journal 2010-07-01T21:25:59Z)

Anil Ambani's Reliance Power, Reliance Natural to Merge in Share-Swap Deal

Reliance Natural Resources Ltd. and Reliance Power Ltd. agreed to merge in a share-swap deal as billionaire Anil Ambani consolidates his businesses after losing a bid to keep buying cut-price fuel from his brother, Asia's richest man. The merger will be through the exchange of one Reliance Power ... (Source: Bloomberg 2010-07-04T19:27:54Z)

David Lee To Timberwolves?

David Lee met with the Minnesota Timberwolves for nine hours on Saturday. He was seen at the Twins-Rays game at Target Field with Kurt Rambis and David Kahn. Minnesota can't sign Lee if they don't trade Al Jefferson. I ... (Source: Bleacherreport.com 2010-07-05T03:34:40Z)

Two Anil Ambani group firms propose $11 Billion merger deal

Mumbai: The boards of two energy firms belonging to the Reliance Anil Dhirubhai Ambani Group (ADAG) -- one in the business of generating power and the other that trades and transports oil and gas -- Sunday approved their ... (Source: Silicon India 2010-07-05T03:13:11Z)

Former Aston Villa manager David O'Leary set for big-money return in Dubai - report

Former Leeds United and Aston Villa chief David O'Leary is set for a long-awaited return to management at wealthy Dubai based club Al Ahli . According to the Daily Mail , the former Arsenal defender has reportedly agreed a three-year deal with the middle eastern side and will link-up with former ... (Source: goal.com 2010-07-04T10:02:24Z)

NFL news and notes

The Dre Bly deal in Detroit made news this week because of the lack of depth at the cornerback position for Jim Schwartz's Lions. Adding veteran corners before camp is something we see all around the league. You need bodies during camp and you want to engineer competition at the position. Bly has ... (Source: National football post 2010-07-04T13:22:50Z)

Canadian Press NewsAlert:Vale reaches tentative deal with USW 6500 and 6200

TORONTO - Vale says it has reached a tentative agreement with the United Steelworkers to end a strike that has lasted nearly a year. The metals miner says the agreement is for a new five-year contract with USW Local 6500 and 6200 representing production and maintenance employees in Sudbury Ont., and ... (Source: Am770chqr.com 2010-07-04T21:29:35Z)

Mideast investors eyeing possible deal with BP as oil giant seeks major funding, reports say

BP may look to sovereign wealth funds, including in the oil-rich Middle East, to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an Emirati newspaper, cited unnamed "informed sources" in the region saying that ... (Source: Newser 2010-07-04T16:14:37Z)

Dirk gets an offer, but so far, no deal

With a Mavericks source calling it a formality, the club began negotiations Friday to lock up Dirk Nowitzki for another four years. Team president Donnie Nelson met with Nowitzki's friend, personal coach and adviser Holger Geschwindner for about an hour at the Southside on Lamar complex, where ... (Source: FOXSports.com 2010-07-04T02:31:25Z)

Flying high: Google hopes to steer more airline bookings with $700M purchase of ITA Software

SAN FRANCISCO - Google Inc. plans to buy travel technology company ITA Software Inc. in a $700 million deal that would enable the Internet search leader to steer more of the airline reservations booked on the Web. The ... (Source: Minneapolis Star Tribune 2010-07-01T22:01:47Z)

Is there really a Van der Sloot TV Deal?

Could it be true that a network has agreed to a Van der Sloot TV deal? Although there is no proof that anyone has yet signed a contract for exclusive rights to the accused killer's personal story it does appear that Joran van der Sloot is trying yet again to give another "true" version of the ... (Source: Overthelimit.info 2010-07-03T23:25:18Z)

Timberwolves reach a deal with Milicic

MINNEAPOLIS -- The Timberwolves agreed to terms with center Darko Milicic and said goodbye to Memphis restricted free agent Rudy Gay before they ever said hello on Thursday, when the NBA's long-awaited free-agency period ... (Source: Sacramento Bee 2010-07-02T02:40:57Z)

Sources: Dirk, Mavs have $80M deal

DALLAS -- Dirk Nowitzki has essentially invested some of his own money into the Dallas Mavericks . With no guarantee the capped-out Mavericks can land the elite sidekick he seeks to keep Dallas relevant in the Western Conference, Nowitzki agreed Saturday night to give a hometown discount to the only ... (Source: ESPN.com 2010-07-04T19:49:22Z)

Navy spokesman says 12 foreign sailors taken hostage by pirates have been safely released

Van der Sloot files suit against first lawyer, charging him with posing as public defender - Joran van der Sloot has sued the lawyer who represented him during a police interrogation on the day that authorities say the Dutchman confessed to killing a Peruvian woman, his current attorney said ... (Source: Minneapolis Star Tribune 2010-07-04T14:27:15Z)

Mideast buyers reported to be eyeing BP investment

BP may be looking to sovereign wealth funds in the oil-rich Middle East to fend off takeover bids amid mounting costs from the Gulf of Mexico oil leak disaster, according to reports published Sunday. The National, an ... (Source: AP - msnbc.com 2010-07-04T18:59:16Z)

Home is where the free agents are

So far, things have pretty much stayed the same in the NBA world since the clock struck midnight on July 1st. Dirk Nowitzki: reportedly still a Maverick . Paul Pierce: reportedly still a Celtic . Joe Johnson: reportedly still a Hawk (and reportedly now a max player ... who knew!). With so many free ... (Source: ESPN.com 2010-07-05T02:08:46Z)

Analysis: Democrats uneasy on US-SKorea deal

Supporters contend the deal would strengthen ties with an important U.S. ally at a moment of high tension on the Korean peninsula. The United States wants to bolster Seoul after a South Korean-led international investigation found that a North Korean torpedo sank a South Korean warship in March ... (Source: Charleston Daily Mail 2010-07-03T06:21:40Z)

Dubai World reshuffles business units

Dubai's media office said in a statement dated Saturday that Dubai World's Nakheel division will assume management responsibility for the conglomerate's Limitless unit. The company also named a new board at another ... (Source: Today's Zaman 2010-07-04T23:31:17Z)

Parma president Ghirardi happy closing deal for Man City striker Bojinov

Parma have completed the signing of Manchester City striker Valeri Bojinov. The Bulgarian spent the last six months on loan at the Stadio Tardini and rediscovered his form after an injury-ravaged experience at Eastlands ... (Source: Tribal Football 2010-07-05T03:20:21Z)

No culprit yet in worldwide Internet attack

Washington -- U.S. officials have largely ruled out North Korea as the origin of a computer attack last July that took down U.S. and South Korean government websites, according to cybersecurity experts. But authorities are not much closer than they were a year ago to knowing exactly who did it ... (Source: News-Leader.com 2010-07-04T20:03:41Z)

Indian Companies to Combine

MUMBAI — Reliance Power will absorb Reliance Natural Resources, a sister company, in a share swap deal valued at $1.5 billion, the latest in a series of deals involving the billionaire Ambani brothers. Reliance Natural Resources shareholders will receive one Reliance Power share for every four ... (Source: New York Times 2010-07-04T18:59:16Z)

Van Der Sloot Files Lawsuit Against Lawyer and Chief of the Police Homicide Squad

Van der Sloot's confession. The judge upheld the confession causing Altez to file a complaint against Peruvian officials in hopes of having his client's incarceration and confession declared invalid. Altez had previously announced that he would appeal the judge's decision to a higher court and even ... (Source: Associated Content 2010-07-04T03:35:51Z)

Lions Ink CB Dre Bly to a Two-Year Deal

I was looking at my fantasy football roster this morning deciding whether or not I should keep Roddy White, and it made me think of Dre Bly.  Last season Dre Bly intercepted a Matt Ryan pass and took it back the other way.  In typical Dre Bly fashion, he began holding the ball in one hand and high ... (Source: NFL GridIron Gab 2010-07-03T12:55:23Z)

CB Bly returns to Detroit with two-year deal

DETROIT -- Former Pro Bowl cornerback Dre' Bly is returning to Detroit. The Lions said Friday that the unrestricted free agent has signed a two-year deal. Additional terms weren't released. Bly spent four seasons in Detroit after signing as an unrestricted free agent in 2003. He made the Pro Bowl ... (Source: NFL 2010-07-04T14:55:53Z)

ITA Software is used in the airline travel industry

Google recently announced that it made an offer to buy travel search software firm ITA Software . ITA provides the airline flight information used by Google's search competitors. The deal is valued at $700 million making it less expensive than Google's purchase of AdMob for $750 million. Google CEO ... (Source: DailyTech 2010-07-01T23:56:19Z)

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