The builder's merchant of Britain, Travis Perkins expressed on Monday that they have nodded and have decided to purchase the BSS Group for approximately 557.6 million pounds to stretch the heating and plumbing trade and retail distribution business.

According to Travis Perkins, the cash and shares bid valued the entire BSS share at 435.8 pence, and a 4.7 percent premium on the concluding price of 416.2 pence on Friday.

With the Federal Reserve having recently come to the conclusion that the banks' policy of routinely allowing purchases or ATM withdrawals by customers, and then charging for them, spelled more harm than good, the banks will now need to seek the consent of the customers to continue with their `standard overdraft practices.'

According to a Monday statement on the Japanese Transportation Ministry website, after having recently disclosed its plans to recall almost 270,000 vehicles over defective engines, Toyota Motor Corp has started recalling nearly 91,903 luxury Lexus and Crown cars sold in the country. The recall of the vehicles in international markets will also begin soon.

The National Federation of the Blind (NFB) and Virginia Tech University are together working towards developing the first ever car for the blind - with a prototype of the vehicle to be demonstrated on the famous Daytona International Speedway track in January 2011.

The recent debacle of the Kin handsets has added to Microsoft's growing list of consumer product slip-ups - with its earlier failures being its line of intelligent watches; Zune music player; Windows Vista operating system; and Windows software for tablet computers, among others.

Treasury Secretary, Ken Henry was dissatisfied as the tax proposed by him was rejected. He had recommended the resource profit tax to the Government. However, he thinks that everything was fine with the plan and said that he would continue to defend the tax in the coming times.

A committee on fuel and energy, selected by the Senate, grilled Dr. Henry regarding the recent minerals resources rent tax, which was revealed by Prime Minister Julia Gillard.