New York, Oct. 11: Indian software major Satyam Computer Services has reportedly been banned from doing any off-shore work with the World Bank after forensic experts and bank investigators discovered that spy software was covertly installed on workstations inside the bank''s Washington headquarters, allegedly by one or more contractors from Satyam Computer Services.

According to a FOX News report, apart from Satyam, two IP intrusions have been reported from China, and there have been six intrusions in all.

New Delhi, Oct. 10 : India and China have signed a Memorandum of Understanding on trade remedy.

The MoU is aimed at ensuring transparency and better understanding of technical and other matters related to anti-dumping and trade barriers.

Berlin  - Germany and China have resumed dialogue, with junior ministers leading talks on strategic issues, while consultations on human rights are set for next month, the German Foreign Ministry said Friday.

The resumption of the regular rounds of talks was announced in June by Chinese Foreign Minister Yang Jiechi and his German counterpart Frank-Walter Steinmeier in Beijing after a period of coolness over the Tibet issue.

Beijing - Shares in China's main stock market lost more than 3 per cent Friday to end the worst week on record down 12 per cent, despite government measures aimed at stabilizing financial markets.

The key Shanghai Composite Index, which tracks shares traded in local and foreign currencies, lost 3.57 per cent to close at 2,000.57 points, while the smaller Shenzhen Component Index also plunged again.

Beijing, Oct. 10: The United States'' decision to sell arms to Taiwan has been strongly condemned by the Chinese defence ministry.

Huang Xueping, a spokesman of the Chinese Defense Ministry, reacting to Pentagon spokesman Stuart Upton''s remarks on Monday that Washington''s arms sales were consistent with the Taiwan Relations Act, said: "We are strongly dissatisfied and opposed to the Pentagon spokesman''s remarks. The so-called ''Taiwan Relations Act'' severely ran counter to the principles of the three Sino-U. S. joint communiqués and the fundamental norms governing international relations."

He added the United States had no right to place domestic law above international ones, or use it as an excuse to sell weapons to Taiwan.

Taipei- Nestle Taiwan agreed on Thursday to refund consumers after 10 more brands of its China-made milk powder were found to contain small traces of the toxic chemical melamine.

"Beginning today, consumers can ask for refund at the sales outlets where they bought the products before November 30, regardless of whether the containers are already opened and whether they still have the payment receipts or not," the company said in a statement.

It also said consumers can choose to replace the old products with new ones supplied from countries outside China by the beginning of November.