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 / November 8, 2010, 6:40 am

Masked Stowaway Has Canada and Hong Kong Scrambling

HONG KONG — A bizarre case of a young Asian man successfully boarding a plane disguised as an elderly Caucasian man has the governments in Hong Kong and in Canada scrambling to review their security procedures at airports and placed an airline under ... (Source: New York Times 2010-11-07T23:17:51Z)

APEC debates having power to forge trade deals

YOKOHAMA, Japan (AP) — Pacific Rim economies are debating whether to give APEC the power to negotiate free trade pacts, a move that could pave the way for a massive free trade zone that lowers tariffs on goods from electronics to food. Members of the ... (Source: Cleveland Plain Dealer 2010-11-08T11:06:32Z)

Amazon Pays $540 Million For Diapers.com

Amazon will pay between $540 million and $545 million for the parent company of Diapers.com , Reuters reported, citing media accounts. The deal comes as Amazon bolsters its baby care offerings: in September, it launched the "Amazon Mom" program which ... (Source: Private Equity Hub 2010-11-08T14:19:48Z)

Airbus Tries to Go Big in Japan With Discount Carrier Skymark

Nov. 8 (Bloomberg) -- Airbus SAS's hope of cracking the Japanese market with its A380 superjumbo lies with a low-cost carrier that only runs domestic routes with a fleet of short- distance jets. Skymark Airlines Inc., which began service in 1998, plans ... (Source: BusinessWeek 2010-11-08T11:42:19Z)

Gulf airlines tighten security after cargo bomb threat

Gulf airlines have ramped up security measures on flights and cargo from Yemen following the interception of two parcel bombs sent from the Arab state on planes bound for the United States. A number of Middle Eastern airlines operate flights to Yemen ... (Source: ArabianBusiness.com 2010-11-04T09:38:13Z)

UPDATE 1-Sawiris sceptical on Orascom/Vimpelcom deal

OSLO, Nov 7 (Reuters) - Egyptian billionaire Naguib Sawiris said the chances of completing a $6.6 billion merger between his company Orascom ( ORTE.CA ) and Russian mobile operator Vimpelcom ( VIP.N ) were at best 50 percent. Sawiris said Norway's Telenor ... (Source: Reuters 2010-11-07T16:44:09Z)

Hong Kong Airport Security Loses Face

From left: the unidentified Asian passenger, the man with the silicon mask and him in full disguise. Authorities are still scratching their heads over how a young Asian man wearing a silicone rubber mask of an elderly white man got through airport security ... (Source: Wall Street Journal 2010-11-08T10:59:22Z)

UAE airlines ban Yemen cargo

The Middle East's biggest airline Emirates, which operates out of Dubai, and Abu Dhabi-based Etihad Airways each confirmed the cargo embargoes in response to questions on Sunday. Discount carrier Air Arabia, based in the emirate of Sharjah, also said it ... (Source: Today's Zaman 2010-11-07T22:56:23Z)

Doughty Hanson buys Vue cinema chain

LONDON (Reuters) - Private equity firm Doughty Hanson agreed to buy Vue Entertainment, Britain's third-biggest cinema chain, in a deal which a source said valued the business at about 450 million pounds. Doughty Hanson agreed to buy the business from ... (Source: Reuters UK 2010-11-08T09:47:47Z)

EU ministers considering plan to blacklist airports in Middle East deemed not to be secure

BRUSSELS - EU interior ministers met Monday to consider a plan to tighten air cargo security that would include blacklisting high-risk airports that are deemed to have inadequate security measures. German Interior Minister Thomas de Maiziere says his five ... (Source: Minneapolis Star Tribune 2010-11-08T13:44:00Z)

Airlines ban Yemen cargo after bomb plot

DUBAI, United Arab Emirates – Airlines in the United Arab Emirates say they have stopped carrying cargo from Yemen as a precaution after the discovery of two mail bombs shipped as air freight. The Middle East's biggest airline Emirates, which operates ... (Source: Northwest Herald 2010-11-08T11:28:00Z)

Doughty Hanson buys cinema chain Vue

Private equity firm Doughty Hanson has agreed to buy Vue Entertainment, Britain's third-biggest cinema chain. Private equity firm Doughty Hanson has agreed to buy Vue Entertainment, Britain's third-biggest cinema chain, in a deal which a source said valued ... (Source: RTE Online 2010-11-08T09:47:47Z)

With staid Japan as host, no silly shirts for APEC; photo op to be 'smart casual'

YOKOHAMA, JAPAN — For some Pacific Rim leaders, this will surely come as a relief: No kimonos or other special attire for the annual group photo. Over the years, one of the most memorable moments of the annual Asia-Pacific Economic Cooperation summit has ... (Source: San Francisco Examiner 2010-11-08T14:05:29Z)

Sawiris sceptical on Orascom-Vimpelcom deal

Egyptian billionaire Naguib Sawiris told a Norwegian newspaper that the chances of completing a $6.6bn merger between his company Orascom and Russian mobile operator Vimpelcom were at best 50 percent. Sawiris was quoted by Dagens Naerinsliv as saying that ... (Source: ArabianBusiness.com 2010-11-07T13:23:43Z)

Doughty Hanson buys Vue

LONDON (Reuters) - Private equity firm Doughty Hanson DOUHA.UL agreed to buy Vue Entertainment VUENT.UL, Britain's third-biggest cinema chain, in a deal which a source said valued the business at about 450 million pounds ($728 million). Doughty Hanson ... (Source: Reuters 2010-11-08T09:40:38Z)

China knocks US plan to pump money into system

BEIJING -- The U.S. Federal Reserve's move to pump hundreds of billions of dollars into the financial system will bring greater volatility to markets worldwide, a Chinese official said Monday. The step will create new waves of cash sloshing in and out of ... (Source: Raleigh News & Observer 2010-11-08T11:56:38Z)

Reports: Amazon to buy Diapers.com

Amazon.com is expected to announce tomorrow the acquisition of the parent company of Diapers.com, according to media reports. The deal for privately held Quidsi, which also operates personal care products site Soap.com, is worth about $540 million ... (Source: CNET News 2010-11-07T21:59:07Z)

Man in Disguise Boards Flight: Air Canada's "Unbelievable" Case of Concealment (video)

A man in an elderly Caucasian man disguise boarded a flight in Hong Kong and got off the plane in Vancouver as a young looking Asian man. This disguise fooled airline security and now has Canadian authorities completely befuddled, calling the whole episode ... (Source: Gather.com 2010-11-06T19:58:37Z)

AT&T, Scripps Networks reach deal

AT&T and Scripps Networks reached a deal over the weekend, Reuters reports. The 2.7 million customers who get cable TV through AT&T are now able once more to watch Scripps channels like HGTV and Food Network. AT&T access to Scripps Networks was cut off on ... (Source: Entertainment Weekly Online 2010-11-08T14:12:38Z)

EU has to act on parcel bomb threat, Germany insists

Brussels - European Union rules on air cargo security must be tightened following the recent discovery of a string of EU-bound parcel bombs originating from Yemen and Greece, German Interior Minister Thomas de Maiziere said Monday. Speaking before a ... (Source: Earthtimes 2010-11-08T10:37:54Z)

Boeing eclipses Airbus in orders this year: data

US aircraft manufacturer Boeing has eclipsed European rival Airbus in the number of net orders received this year, registering 480 to 369 for Airbus, company data showed. Airbus, a unit of European aerospace giant EADS, said in a statement that at the end ... (Source: Big Hollywood 2010-11-08T13:58:19Z)

European Union Considers Tighter Air Security

BRUSSELS - EU interior ministers met Monday to consider a plan to tighten air cargo security that would include blacklisting high-risk airports that are deemed to have inadequate security measures. German Interior Minister Thomas de Maiziere says his five ... (Source: msnbc.com 2010-11-08T13:44:00Z)

Sawiris sceptical on Orascom/Vimpelcom deal-paper

OSLO, Nov 7 (Reuters) - Egyptian billionaire Naguib Sawiris told a Norwegian newspaper that the chances of completing a $6.6 billion merger between his company Orascom ( ORTE.CA ) and Russian mobile operator Vimpelcom ( VIP.N ) were at best 50 percent ... (Source: Reuters 2010-11-07T12:33:37Z)

A Boeing 747 passenger jet

US aircraft manufacturer Boeing has eclipsed European rival Airbus in the number of net orders received this year, registering 480 to 369 for Airbus, company data showed. Source: AFP - Copyright AFP 2008, AFP stories and photos shall not be published ... (Source: Big Hollywood 2010-11-08T14:05:29Z)

Cameron Leads U.K. Trade Group to China Seeking Deals

(Updates with Obama visit to Asia in sixth paragraph, Cable comments on exchange rates in 19th.) Nov. 8 (Bloomberg) -- Prime Minister David Cameron leaves for China today at the head of the largest ever U.K. trade delegation as he tries to show off his new ... (Source: BusinessWeek 2010-11-08T10:59:22Z)

Cameron Leads U.K.'s Largest Trade Group to China Seeking Deals

Nov. 8 (Bloomberg) -- Prime Minister David Cameron leaves for China today at the head of the largest ever U.K. trade delegation as he tries to show off his new policy of business- focused diplomacy. His delegation includes Paul Walsh of Diageo Plc, Kevin ... (Source: BusinessWeek 2010-11-08T00:15:07Z)

With staid Japan as host, no silly shirts for APEC

YOKOHAMA, Japan -- For some Pacific Rim leaders, this will surely come as a relief: No kimonos or other special attire for the annual group photo. Over the years, one of the most memorable moments of the annual Asia-Pacific Economic Cooperation summit has ... (Source: Forbes 2010-11-08T13:44:00Z)

AT& T , Scripps Networks Reach Deal For HGTV, Food Network

NEW YORK -(Dow Jones)- AT& T Inc. ( T ) and Scripps Networks Interactive Inc. ( SNI ) have reached an agreement to bring back several cable channels, including HGTV and Food Network, to the telecommunications provider's pay-TV service. The cable channels ... (Source: NASDAQ 2010-11-08T09:33:28Z)

Amazon to Buy Diapers.com Parent Quidsi for $540 Million, Fortune Reports

Amazon.com Inc. is likely to announce tomorrow the purchase of Quidsi Inc., the parent company of Diapers.com, for $540 million in cash, Fortune reported, without citing anyone. The offer values Diapers.com at $200 million more than in a recent round of ... (Source: Bloomberg 2010-11-07T16:22:41Z)

AT&T, Scripps Networks in deal on programs

NEW YORK (Reuters) - AT&T Inc reached a deal with Scripps Networks on Sunday, resuming access to popular channels like the Food Network and Cooking Channel for its U-verse customers. AT&T's 2.7 million U-verse television customers had lost access on Friday ... (Source: Reuters 2010-11-08T01:12:23Z)

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