NEWZEALAND MOTEL BANS ROWDY TOWN

The Australian owner of a New Zealand motel and his Scottish "Basil Fawlty" manager have banned an entire town, including its member of parliament.

Steve Donnelyy, owner of the supreme Motor lodge in the town of Palmerston Noth, said he became fed up with the rowdy behaviour of sports teams from Wainuiomata,a town near Wellington.

So he and manager Malcolm Glen -who according to the motel's website is better known as "Basil Fawlty" after the highly strung John Cleese TV character-banned the whole town of 17,000 people.

"Having had about a hundred people from there over the last couple of years and maybe one that we liked...it is not worth it and we would do the same to anyone who causer us that level of stress" Donnelly said.

When Wainuiomata's member of par4liament and former minister Trevor Mallard tested the ban yesterday by trying to book in, Glen gave him his marching orders. AFP

GOOGLE LETS PEOPLE INFLUENCE SEARCHES ON THEIR NAMES

Google is giving people influence over what information turns up during online searchers on their names.

The California internet search king began featuring volunatarily created Google profiles at the bottom of US "name-query" pages.

It's no secret that from time to time many of us have searched on Google software engineer Brian Stoler wrote in a posting at the firm's website.

"When searching for yourself to see what others would find, results can be varied and aren't always what you want people to see. We want to make that better and give you more of a voice."

Google profiles contain basic information and pictures that people don't mind sharing. Concise profiles are displayed along with results of searches on people's names to allow a little control of one's online image.

DEUTSHE BANK IS CLOSE TO HIRING NEW ASIA CEO

Deutshe Bank AG is in avanced talks to hire a bormer senior UBS AG banker in Asia to run its operations in the region, according to people familiar with the situation signaling the German bank's aggressive expansion plan for Asia

Deutshe bank is close to hiring Bobert Rankin who until recently ran the investment banking department in the Asia-Pacific region, these peoplesaid. Mr Rankin will succeed Colin Grassie, they sail who plans to return t5o Europe in a senior role, The hiring of Mr.Rankin whose resignation from UBS was announced in March, could be announced later this month one person said.

Messre. Rankin and Grassie couldn't be reached for comment. A Deutsch Bank spokeman in Hong Kong declined to comment.

The move comes as Deutshe bank tries to capitaize on its relative financial strength to poach bankers from rivals globally. In Asia, it wants to build on its strong global markets business in foreing exchange and trading-related operation and expand its global banking business, which includes public market capital raising and merger advisory services

Ireland, Greece Ordered To Get Deficits In Line

Finance3 ministers unanimously agree Ireland And Greece must take steps to control rising budget deficits this year, or face the possibility of sanctions or fines.

The decision squeeeazes both countries, with have been among the hardest hit in the region by the global wownturn.

At a time when may contries are trying to use fiscal stimulus to reviveeconoic growth, Ireland and Greece will have to explore austerity measures. France and Spain will also be warned, but they will be given more time to repair their public finances, European Monetary Affairs Commissioner Joaquin Almunia said at a meeting of European finance minister.

Under EU rules, contries must keep budget deficits below 3% of gross domestic product, though most euro-zone contries won't achieve that this year.

U.S. OFFICE VACANCIES RISE TO 15.25%

US comanies, struggling to cutcosts, dumped a near-record 25 million square feet of office space in thefirst quarter, driving vacancy up and rents down, according to a report from Reis Inc.

Rusinesses that needed to lease space took advantage of the market weakness to extract concessions from landlords. But the trends exacer bated financial woes for owners, especially those who owe more on their mortagages than their properties' current value.

The office vacancy rat nation wide rose to 15.2% from 14.5% in the previous quarter, and likely will surpass 19.3% over the next year, according to Reis, a New York firm that tracks commercial property. Thait would put the vacancy rate above the level during the real-estate bust of the early 1990s the worst on record.

Effective rents which include free rentr and other landlord concessions, fell 2 % in the first quarter to a national average of $ 24.16, the largest drop since the first quarter of 2002 according to Reis. Sublet space, on average, in going for 10% to 15% less than what landlords are charging.

JAPANESE HORROR MOVIE LIKEY TO KEEP YEN DOWN

The global tug of war between accepting and avoiding risk is likely to continue this week, keeping currency markets searching for direction but with lover levels of volatility.

In a trading week shortened by Easter holidays, the key issue facing currency investors will be wheter a recent turn toward more positive global sentiment will remain in force. The shift in sentiment cuold keep siphoning buying interest away from the safe-haven US dollar and into the euro and second tier currencies. That trend emerger from a stream of data and other events in recent weeks, with the dollar slumping against the eure and other widely traded currencies and rising appreciably against only the yen.

Data in the US and elsewhere have remained remained relatively grim, although relases like Friday's US March employment report and indicators of manufacturing activiy in the euro zone and China have exceeded expectations or at least not surprised by being worse than forecasts

BOLLYWOOD IN A CRUNCH

No Money no ilm; no film no money. Bollywood is in a tough spot.
Lacking financing, India's movie producers are unable to finish and market their films. It could mean as many as half of the films scheduled for release this year won't make it, industry officials say.

The resultsspeak for themselves. Bollywood, an industry that generates annual global revenue of above $2 billion, has released only about 20 magor films so far this year. that is down from about 100 for the same period in past years, estimates UTV software, a large movie production and distribution company.

Without these blockbusters, ticket buyers are staying home. Cinema occupany in India has dropped to 40 % from as high as 60 % at the end of 2007, analysts estimate.

So the film industry is being forced to change the way it does business. Song and dance routines may be less flashy. And massive upfront salaries for film stars actors' pay accounts for nearly half of a film'stypical budget are out.