Yet another blow for Oasis Stores
March 31, 2009 by admin · Leave a Comment
Previously troubled high street clothing chain Oasis Stores has seemingly received yet another blow to their fortunes this week as the internet domain name Oasis.co.uk - which they previously had successfully won via a domain name dispute (DRS) brought about through UK internet names governing body Nominet’s dispute resolution service - was this week returned to the previous owner on appeal.
Well respected blogger Julia MacKenzie has announced today the details of the case - which as yet are unavailable from Nominet.
Seemingly, the oasis.co.uk appeal overturn has some striking material facts that may set certain precedences in future domain name disputes. Least of all because the respondent was allowed to submit additional evidence at appeal which is against the rules as set out by nominet. The respondent was also given a mere “slap on the wrist” for failing to maintain accurate contact records. Both of which are usually grounds enough in order for a domain owner to lose the rights to a domain name or, in this case, for an appeal hearing to be dismissed.
China and Argentina in $10bn deal
March 31, 2009 by samsonites · Leave a Comment
China and Argentina have made a tentative agreement to swap $10bn (£7bn) worth of their currencies.
The move, which allows both countries to bypass the US dollar, makes it easier for Argentine businesses to buy Chinese imports directly in yuan.
Sales fall at Marks and Spencer
March 31, 2009 by samsonites · Leave a Comment
Marks and Spencer has reported a 4.2% fall in UK like-for-like sales for the 13 weeks to 28 March.
However, the drop was not as large as that seen in the previous quarter, when sales fell by 7.1%.
Irish credit rating cut by S&P
March 31, 2009 by samsonites · Leave a Comment
The Irish Republic’s top sovereign credit rating has been cut by Standard & Poor’s (S&P).
The agency downgraded the rating on its government debt by one notch from AAA, the highest, to AA+.
Japan’s jobless rate rises
March 31, 2009 by samsonites · Leave a Comment
By Roland Buerk
BBC News, Tokyo
Japan’s unemployment rate has risen to 4.4% as companies cut jobs to survive the global downturn.
Exports have nearly halved, throwing the world’s second biggest economy into crisis.
Public ‘backs economic reforms’
March 31, 2009 by samsonites · Leave a Comment
By Steve Schifferes
Economics reporter, BBC News
A BBC World Service survey of 29,000 people has found broad support for reform of the international economic system ahead of the G20 summit.
Over 70% of people in 29 countries think major changes are needed in the way the global economy is run.
City Diaries
March 31, 2009 by samsonites · Leave a Comment
The G20 protestors, the public’s perception of bankers and the collapse of Dunfermline Building Society all feature in this instalment of the City Diaries.
These diaries are written by people who work in finance and have had a front row seat as their industry goes through the biggest changes in decades.
Home help
March 31, 2009 by samsonites · Leave a Comment
By Dil Neiyyar,
BBC Asian Network
Sujith from Cardiff came to Britain to get a good education, earn some money and help his family back in India.
But he’s stopped sending money because of the falling value of sterling.
Partying on
March 31, 2009 by samsonites · Leave a Comment
By Mariko Oi
BBC News, Hong Kong
Scots bid for Dunfermline failed
March 31, 2009 by samsonites · Leave a Comment
A Scottish-led consortium was interested in a merger with the troubled Dunfermline Building Society, BBC Scotland has learned.
The Dunfermline was taken over by the Nationwide on Monday after the UK Government announced Scotland’s largest society was to be put on the market.
