Google Inc
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Saudi's economic cities under pressure to deliver
JEDDAH, Saudi Arabia (Reuters) - An hour's drive north of Jeddah on the Red Sea coast, 8,000 workers toil under the relentless summer sun building what Saudi Arabia hopes will be the key to its social and economic future. Full Article
Google puts $10 mln into new geothermal technology
LOS ANGELES (Reuters) - Google Inc is investing $10 million to produce electricity from underground heat with a breakthrough technology, as the Web search leader extends its clout to clean up the environment. Full Article
UPDATE 2-Google puts $10 mln into new geothermal technology
(Recasts, adds further investment details and background) Full Article
PRESS DIGEST - British business press - Aug 19
Vodafone is to increase its minimum call charges by 25 percent from September 1, with the cost of calls that exceed customers' monthly bundle going up to 15 pence a minute. There will also be a 25 percent increase in the cost of calls to premium-rate numbers. The move follows similar price hikes by rivals T-Mobile and O2. A spokesman for Vodafone said the increases were the first for two years. Full Article
US STOCKS-Wall St tumbles on Fannie, Freddie worries
* Financials fall, led by Fannie, Freddie * U.S. rescue would hurt GSEs' shareholders * Jitters over possible big loss by Lehman-WSJ * Home builder sentiment stuck at record low in August * Dow down 1.6 pct; S&P 500 and Nasdaq off 1.5 pct (Updates to close) Full Article
US STOCKS-Fannie, Freddie worries cause stocks to swoon
* Financials fall, led by Fannie, Freddie * U.S. rescue would hurt GSEs' shareholders * Jitters over possible big loss by Lehman--newspaper * Home builder sentiment stuck at record low in August * Dow off 1.7 pct, S&P 500 off 1.5 pct, Nasdaq off 1.6 pct (Updates to afternoon) Full Article
US STOCKS-Wall St slides as credit worries rattle financials
* Dow off 1 pct, S&P 500 of 0.9 pct, Nasdaq off 0.8 pct (Updates to midday, changes byline) Full Article
US STOCKS-Financial shares roil Wall St on credit worry
* Dow off 0.5 pct, S&P 500 of 0.4 pct, Nasdaq off 0.3 pct (Updates to early morning) Full Article
T-Mobile to offer first Android smartphone
(Reuters) - Deutsche Telekom's T-Mobile USA will be the first carrier to offer a mobile phone based on Google Inc's Android software, the New York Times reported, citing people briefed on the company's plans. Full Article | Video
Google faces defamation lawsuit in India: report
(Reuters) - Google Inc's India subsidiary is being sued for alleged defamation in the Bombay High Court by an Indian construction equipment company, The Wall Street Journal said. Full Article | Video
