Dow Says No Basis in BBC Bhopal Report
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Dow Chemical Co said on Friday that  there was no basis whatsoever in a BBC World report saying that  it had accepted responsibility for India's Bhopal disaster.
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By Richard Siklos  Mensa quiz, sample question: Rupert Murdoch's $5 billion offer is to blank as Google's $1.65 billion buyout was to blank. Correct answers: Dow Jones and YouTube.
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How did the Dow Jones industrial average manage to plunge a shocking 178 points in a single minute of a very bad stock market session yesterday? In truth, it didn't.
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An unsettling report on consumer incomes set off a spate of profit-taking on Wall Street Monday as investors worried that a tepid economy would erode companies' third-quarter earnings. Another drop in oil prices failed to shake the gloom from the market.
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NEW YORK (CBS.MW) -- In a media hoax coming on the 20th anniversary of the Union Carbide Bhopal disaster, Britain&#39;s BBC mistakenly reported Friday that Dow Chemical would take complete responsibility for the tragedy in which thousands of people died.
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BBC World television said on Friday that  an interview it ran with a man it identified as a spokesman for  Dow Chemical, accepting responsibility for India's Bhopal  disaster, was inaccurate.
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DAVOS, Switzerland  - News Corp  CEO Rupert Murdoch said on Thursday he would not make all online Wall Street Journal content free.
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The BBC's international TV news channel apologized on Friday after being duped into airing an interview with a fake Dow Chemical spokesman who said the U.S. company accepted responsibility for India's Bhopal disaster.
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Rupert Murdoch's News Corp.  has not yet reached a deal to buy Dow Jones & Co. Inc.  and discussions continue, representatives for Dow Jones and its controlling Bancroft family said on Friday.
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The Dow Jones board of directors will take over negotiations of any sale of the company to Rupert Murdoch's News Corp., the board said yesterday, pushing aside the company's controlling family, which has done little since meeting with Murdoch more than two weeks ago.
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Media & professional: The BBC has been cleared of 'systematic bias against business' but its coverage has been criticised for 'lapses'.
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The BBC admitted Friday it was tricked into reporting that a US company accepted responsibility for the world&#39;s worst industrial accident.
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(InfoWorld) - Indiaâs National Association of Software and Service Companies (Nasscom) has asked U.K. broadcaster Channel Four Television to provide information from a news documentary that it plans to air Thursday evening about alleged data theft in India. Channel 4's "Dispatches" program will feature the results of a sting operation in which an undercover reporter was offered credit card information for customers of U.K. banks that have outsourced processing work to India. The men offering the information claim to have got it from staff at Indian call centers and business process outsourcing (BPO) operations, according to newspaper reports. Acting through a law firm, Nasscom has asked Channel 4 to provide it with details of the allegations it plans to air, together with evidence and any other supporting documentation, Nasscom said. It asked the broadcaster to cooperate "immediately, fully and wholeheartedlyâ with Indian authorities, to help them prosecute the alleged data thieves in India. As of late Monday in India, Channel 4 had refused to provide the information, according to Nasscom. Several sting operations by newspapers and TV channels have attempted to expose faults in the Indian call center and business process outsourcing (BPO) industries. Last year the U.K. tabloidÂ The Sun reportedÂ that its undercover reporter was sold secret information on 1,000 bank accounts by an employee of a call center in Delhi. Indian police said theyÂ could not make an arrestÂ unless a formal complaint was made by the cell centers companies involved, the banks or their customers. Some of the banks named in the report said their data had not been compromised. Nasscom's president, Kiran Karnik, accused such sting operations of goading people into committing crimes that otherwise might not have been committed. Sting operations like the one by Channel 4 sometimes go beyond uncovering wrongdoing and actually induce crimes that are then recorded and aired, he said in a statement Monday. In this case, one of the alleged criminals has said that the data he offered for sale was fake, according to Karnik. India has had its share of data theft cases, however. Earlier this year, an Indian back-office and customer support operation of the British bank HSBC Bank PLC complained that an employee had stolen confidential data, and used it to defraud 20 of the bank's customers in London to the tune of Â£233,000 ($425,000). The employee has been prosecuted by Indian police. HSBC described the incident as a one-off. Sunil Mehta, vice president of Nasscom, argued that the incidence of data theft and data privacy breaches is lower in India than in the U.K. and the U.S.
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U.S. investment bank Morgan Stanley   denied a newspaper report on Saturday which said it was  putting its Indian business process outsourcing (BPO)  operation, Morgan Stanley Advantage Services Pvt Ltd (MSAS), up  for sale.
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BBC World said on Friday it was duped in  an "elaborate deception" by a man who claimed to be a Dow  Chemical Co. spokesman and said the U.S. company accepted  responsibility for India's Bhopal disaster.
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BCCI President Jagmohan Dalmiya said at a press meet in Kolkata yesterday that four options were floated by the board before the Bombay High Court, but neither ESPN-Star Sports nor Zee Telefilms paid any attention to it.
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US chemical giant Dow has accepted full responsibility for the Bhopal disaster in India that killed 15,000 people and today announced a Â£6 billion compensation package, a company spokesman told BBC World television.