According to a report from the Verge, Microsoft is developing a cross-application exercise-tracking app paired with a heart-rate monitor for the Kinect.

FORBES: Report: Microsoft Working on "Kinect Play Fit" With Heart-Rate Monitor

The Philippines, whose sovereign credit rating was upgraded to investment grade by two rating firms over the past two months, has been fighting the so-called hot-money inflows with several measures, including making it easier for locals to take money abroad and lowering a deposit rate for banks that do cross-border business.

WSJ: Asian Governments Take Measures to Battle Strong Currencies

The Philippines, whose sovereign credit rating was upgraded to investment grade by two ratings firms over the past two months, has been fighting the so-called hot-money inflows with several measures, including making it easier for locals to take money abroad and lowering a deposit rate for banks that do cross-border business.

WSJ: Asian Governments Take Measures to Battle Strong Currencies

Businesses in the Republic have been hit by shoppers travelling north to avail of cheaper goods and a lower VAT rate, and revenue lost to cross-border shopping has been a sore point for the Irish government.

BBC: Striking workers head north for bargains

Although averse to commerce, Gerald proved to be a first-rate businessman when he went back to save the family firm, Mark Cross, from liquidation during the Depression.

FORBES: Fact and Comment