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 / October 18, 2010, 11:41 pm

UPDATE 1-Nikko, Singapore's DBS Asset in talks for deal -sources

SINGAPORE, Oct 5 (Reuters) - Japan's Nikko Asset Management is in "serious" talks to buy Singapore's DBS Asset Management, in a deal that would also involve DBS Group ( DBSM.SI ) buying a small stake in Nikko, three sources said on Tuesday. The deal is ... (Source: Reuters 2010-10-05T07:07:40Z)

NHL Capsules: NHL says Coyotes lease will lead to sale of team

PHOENIX (AP) — The NHL is praising the lease agreement between Chicago investor Matthew Hulsizer and the city of Glendale, saying it will "finally lead to a transition of ownership of the Phoenix Coyotes." The city announced Friday that it had reached an ... (Source: Brownsville Herald 2010-10-17T04:08:48Z)

EU signs off on tougher budget rules

Ending months of intense debate, EU governments on Monday agreed on tougher budget rules for euro-zone nations that can trigger fines for countries racking up big deficits and debts like the ones that have eroded confidence in the euro. The complex deal ... (Source: AP - msnbc.com 2010-10-18T23:20:06Z)

CherryPad 7-inch 2.1 Android tablet announced for $188

CherryPad the Android 2.1 tablet has been announced to be available for a minimal $188. This is less than half of the price of the iPad and nearly one-fifth the price of the off contract Samsung Galaxy Tab, which we still haven't heard any official US ... (Source: ANDROID COMMUNITY.COM 2010-10-07T18:32:30Z)

Bottom line for FIFA: the good of the game

Of the catchy slogans that soccer's custodians at FIFA have coined over the years, the best is ''For the Good of the Game,'' because that describes, exactly, the moral, ethical and sporting yardstick by which they are measured. It means that FIFA and ... (Source: FOXSports.com 2010-10-18T22:30:00Z)

Police Arrest 2 Men In Jackson Walmart Shooting

WAPT.com Police said they have made two arrests in connection with Friday's shooting at a Jackson Walmart. Alan Palmer, 21, and Lee Anthony Corentin, 19, were arrested Sunday morning at a home in the 700 block of Meadowview Cove, said Jackson Police ... (Source: msnbc.com 2010-10-18T22:44:19Z)

Regulator to make telecom sector more competitive

Dubai The UAE's telecommunications infrastructure sharing deal will be finalised within two months between etisalat and du as their talks are in advanced stages, TRA officials said. As the Telecommunications Regulatory Authority (TRA) celebrates 50 years ... (Source: Zawya.com 2010-10-19T05:46:39Z)

Septeni Selects KENSHOO for Paid Search Campaign Management

Beyond Media Global, a regional KENSHOO partner, announced today that Septeni, one of the Japan's largest internet ad agencies, has selected the KENSHOO Search platform to optimize online campaigns for its clients. Septeni, with over 1,000 clients and ... (Source: YAHOO! 2010-10-18T22:44:19Z)

CORRECTED - Major Zain stakeholder gets backing for $12 bln Etisalat deal

KUWAIT (Reuters) - Kharafi Group has received the backing of enough Zain( ZAIN.KW ) shareholders to sell 46 percent of the Kuwaiti telecommunications group to EtisalatETEL.AD, clearing at least one hurdle in sealing the $12 billion deal. Emirates ... (Source: Reuters India 2010-10-07T10:18:35Z)

Failed drug deal cited in parking-lot killing

The shooting in a south Jackson Walmart parking lot last week appears to be a drug deal gone bad, police said. One of the men arrested already was facing a felony charge from a violent crime earlier this year in Jackson, police said. Homicide suspects Alan ... (Source: Jackson Clarion-Ledger 2010-10-19T06:00:58Z)

NHL: Phoenix Coyotes lease will lead to sale of team

The NHL is praising the lease agreement between Chicago investor Matthew Hulsizer and the city of Glendale, saying it will "finally lead to a transition of ownership of the Phoenix Coyotes." The city announced Friday that it had reached an agreement in ... (Source: AZCentral.com 2010-10-17T07:36:24Z)

I want an aPad, but I'm not sure if I should get the iPad

It's no secret what Apple has done just a few months ago when they unveiled their magical revolutionary new iPad which is a great tablet PC to use for a variety of purposes. The ipad is thin and light, plays HD videos, chat, multi touch and wireless. If ... (Source: Gather.com 2010-10-11T15:28:48Z)

BHP and Rio Abandon Joint Mining Venture in Australia

A revival of demand for raw materials as the global economy regains strength has fueled a string of takeovers and deals in the mining and energy sectors in recent years, and the two companies had hoped to reap substantial savings by combining their iron ... (Source: New York Times 2010-10-18T23:34:25Z)

Released American visits Iran blast victims

An Iranian-American businessman freed after more than two years in an Iranian prison met on Monday with survivors of a deadly 2008 mosque bombing, fulfilling a condition of his release in a scripted event that could carry propaganda value at home. The 71 ... (Source: AP - msnbc.com 2010-10-18T18:19:27Z)

FIFA asks for quick actions in votes-for-sales case

ZURICH (Reuters) - FIFA has launched a formal investigation into allegations that two executive committee members had offered to sell votes in the in the contest to host the 2018 World Cup. "(FIFA) has asked the chairman of the ethics committee to act ... (Source: FOX News 2010-10-18T17:36:30Z)

Bankers Take Blows from Evaporated Rio Tinto-BHP Deal

How dare Rio Tinto and BHP Billiton drop plans for their $116 billion iron-ore joint venture, which the companies did over the weekend under opposition from regulators and rivals? Won't someone please think of the bankers? The scrapped deal dents the ... (Source: Wall Street Journal 2010-10-18T21:32:44Z)

U.S. Hikers Spend 444th Day in Prison in Iran

Fattal's brother Alex said it's a milestone the hikers and their families never expected to reach. But it's now clear they will add to it. Iranian officials tell ABC News they will face trial for spying. "It's just another heartbreaking day," Alex Fattal ... (Source: ABC News 2010-10-18T21:32:44Z)

EU Tightens Finance Rules

LUXEMBOURG—European Union governments reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate debt and deficit limits. EU ... (Source: Wall Street Journal 2010-10-18T21:39:53Z)

Asia Hedge Funds Find Cash Rare Even as Region Booms

(Updates with comments on the outlook for fundraising and startups from ninth paragraph.) Oct. 19 (Bloomberg) -- Asian hedge-fund managers are missing out on the cash flooding into the world's fastest- growing region, leading some to close funds or defer ... (Source: BusinessWeek 2010-10-19T02:54:51Z)

BHP Faces Pressure to Win Potash After Rio Plan Fails

(Updates with closes shares in fifth paragraph.) Oct. 19 (Bloomberg) -- BHP Billiton Ltd. Chief Executive Officer Marius Kloppers faces greater pressure to win a hostile $40 billion bid for Potash Corp. of Saskatchewan Inc. after scrapping his second deal ... (Source: BusinessWeek 2010-10-19T06:08:07Z)

Northeast Utilities to buy Nstar in $4.17B deal

BOSTON  -- Northeast Utilities will buy New England energy company Nstar in a stock-for-stock deal valued at $4.17 billion, forming one of the biggest utility companies in the country. The combined company, will own six regulated gas and electric ... (Source: msnbc.com 2010-10-18T13:40:17Z)

In judging votes-for-sale allegations, FIFA must act for the good of the game or change

PARIS - Of the catchy slogans that soccer's custodians at FIFA have coined over the years, the best is "For the Good of the Game," because that describes, exactly, the moral, ethical and sporting yardstick by which they are measured. It means that FIFA and ... (Source: Minneapolis Star Tribune 2010-10-18T22:30:00Z)

Northeast Utilities and Nstar to create New England's biggest utility with $4.17 billion deal

NEW YORK (AP) — Northeast Utilities will buy Nstar for $4.17 billion, forming the biggest New England utility company with 3.5 million electric and gas customers in three states. The companies and industry analysts expect some of the savings from the ... (Source: Chicago Tribune 2010-10-18T19:31:02Z)

American visits Iran blast site under freedom deal

An Iranian-American businessman freed after more than two years in Tehran's main prison visited survivors of a deadly 2008 mosque bombing as a condition of his release in a scripted event that could carry propaganda value at home. Iranian authorities did ... (Source: AP - msnbc.com 2010-10-18T06:02:09Z)

Kharafi gets backing for $12 billion Etisalat deal

KUWAIT (Reuters) - Kharafi Group has received the backing of enough Zain ( ZAIN.KW ) shareholders to sell 46 percent of the Kuwaiti telecommunications group to Etisalat ( ETEL.AD ), clearing at least one hurdle in sealing the $12 billion deal. Emirates ... (Source: Reuters 2010-10-07T12:05:57Z)

NHL says Hulsizer, Glendale deal will 'finally' lead to sale of team

PHOENIX (AP) — The NHL is praising the lease agreement between Chicago investor Matthew Hulsizer and the city of Glendale, saying it will "finally lead to the transition of ownership of the Phoenix Coyotes ." The city announced Friday that it had reached ... (Source: Chicago Tribune 2010-10-16T17:53:11Z)

EU Governments Reach Deal On Sanctions, Possible Treaty Changes

LUXEMBOURG (Dow Jones)--European Union governments reached a deal Monday to tighten rules governing the bloc's public finances, handing more power to the European Commission, the EU's executive arm, to act against countries that violate them. EU finance ... (Source: Wall Street Journal 2010-10-18T20:06:50Z)

JPD: Shooting In Walmart Parking Lot Was Drug-Related

WAPT.com A spokeswoman for the Jackson Police Department said Friday's fatal shooting in a Walmart parking lot was drug-related. Police arrested Lee Anthony Corentin, 19, and Alan Palmer, 21, on Sunday. Both men are charged with capital murder in ... (Source: msnbc.com 2010-10-18T22:44:19Z)

CherryPad 7-inch Android tablet on sale for $188

As the mobile industry gears up for a slew of Android-based tablets, Palo Alto-based CherryPal has jumped into the market with the CherryPad America , a 7-inch tablet device running Android 2.1 and sporting an 800 MHz Samsung ARM11 processor, 802.11b/g Wi ... (Source: YAHOO! 2010-10-07T23:54:37Z)

Northeast Utilities to buy Nstar in $4.17 bln deal as it ramps up projects tied to renewables

Northeast Utilities will buy Nstar for $4.17 billion, forming one of the nation's biggest utility companies with 3.5 million electric and gas customers in three New England states. The acquisition should help Northeast pay for large transmission projects ... (Source: Los Angeles Times 2010-10-18T14:37:33Z)

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