China to issue 3G licenses, merge telecoms majors

China will issue three licenses for high-speed third-generation mobile phone services and called for a merger of China Unicom and Netcom, two of its four biggest telecoms providers, in a long-awaited industry revamp.
The government said on Saturday it would also call on China Telecom, the country’s biggest fixed-line telecoms carrier, to purchase wireless […]

United Airlines fare hike spares Hawaii

Hawaii was spared an increase in air fares announced by United Airlines Thursday.
United spokeswoman Robin Urbanski said increases of between 3 percent and 5 percent would apply to flights everywhere in the U.S. except to and from Hawaii.
The fare increase, aimed at offsetting rising fuel costs, is the third this […]

Hawaii construction helps Ameron earnings

Hawaii's stable construction industry has helped boost earnings for Ameron International.
The Pasadena, Calif.-based company, which manufactures products and materials for the chemical, industrial, energy, transportation and infrastructure markets, reported its first quarter results Wednesday. Ameron said profits were up 14 percent to $9.7 million for the quarter ended March 2. Sales totaled […]

N.Z. House Prices Rise at Slowest Pace in Three Years

New Zealand's house prices rose at the slowest pace in three years in February as higher interest rates curbed demand for property.
Prices climbed 7.7 percent in February from a year earlier, Quotable Value New Zealand Ltd., the government valuation agency, said in a report released in Wellington today. That's the slowest pace since […]

OmegaCon to invade Birmingham

The science fiction and fantasy convention OmegaCon will be held in Birmingham in March and is expected to attract thousands of attendees and numerous celebrity guests.
According to a news release, the convention, which will be held at the Sheraton Birmingham Hotel, will open the city’s St. Patrick’s Day Parade in downtown on […]

D.R. Stephens pays $14 million for Fremont R

D.R. Stephens & Co. purchased two research and development buildings in the Warm Springs area of Fremont for $14 million.
McMorgan & Co. sold the single-story concrete tilt-up buildings, 48502 Kato Road and 48507 Milmont Drive, for about $112 per square foot. The portfolio totals 125,818 square feet.
McMorgan was represented by Reed Payne, […]