Latest media reports have revealed the official release of pictures and details of the McLaren MP4-12C, which is a brand-new supercar from the successful racing car company, McLaren Automotive.

The latest MP4-12C is inspired by Formula-1 engineering and revolutionary chassis architecture.

Though the inspiration has been taken from the well-known F1, but McLaren specifies that it is the 21st century demands which have finally led to the creation of the MP4-12C.

Announcement regarding an amicable bid for Brazilian telecom operator GVT was made Wednesday by French entertainment and telecoms group Vivendi, in a deal, which if accomplished, would be valued at 2 billion euros ($2.88 billion).

Vivendi informed about a tender offer as well, which it will unveil for 100 percent of GVT's capital at 42 reais per share, valuing the Brazilian broadband and telecoms player at 5.4 billion reais or 2 billion euros.

With the aim to correct its "stupid mistakes", Amazon is proposing to return the deleted copies of 1984, complete with user annotations.

Due to this, Amazon chief executive was compelled to blast the move as "stupid, thoughtless, and painfully out of line with the company's principles."

But nevertheless, the company has now offered to either give the customers a $30 refund or return of the original book, including any annotations the customers may have made.

With its proposed "merger of equals" with Anglo American showing signs of fizzling out, the Switzerland-based mining giant Xstrata intends launching a fresh bid for the world's third-ranking platinum producer, the South Africa-based Lonmin, which was earlier called Lonrho.

After Xstrata's previous hostile acquisition bid of £5 billion for Lonmin last October - a bid that Xstrata had to forfeit due to the recession-hit crashed markets and shrunken sources of funding -, Xstrata now plans to offer over £3 billion for the proposed takeover.

As per the media reports, a sum of 109-million dollars would be paid by Finance Ministry compensation to Solomon Telekom as compensation instead of the earlier announced 84-million dollars.

The Prime Minister's Office annouced that the result of recent calculations on losses the telecommunications company will acquire on fixed line networks outside of Honiara will be compensated by the ministry,

Recently the Settlement Scheme was signed by Our Telekom and the national government, for which the calculations are provided.

After last year's attempts fizzled out due to variance over the control aspect, the merger talks between Bharti Airtel, India, and MTN Group, South Africa, have been revived. The two companies are looking to create a $61 billion telecoms bigwig, spread over Asia, Africa, and the Middle East.

While the New Delhi-based Bharti Airtel is the biggest telecom operator in India, the Johannesburg-based MTN Group has its business spanning across 21 African and the Middle East markets.