BIZ BRIEFS

100 millionth iPod

SAN FRANCISO: Apple has sold its 100 millionth iPod, making the iPod the fastest selling music player in history. The first iPod appeared in November 2001, and together with iTunes and the iTunes online music store, it has transformed the world of digital music. It currently dominates over 75 per cent of the market for portable digital media players and has spawned an unprecedented system of over 4,000 accessories made for the iPod that range from fashionable cases to speaker systems. — DPA

Doubling oil output

BEIJING: The United Arab Emirates (UAE) is set to increase its oil production to over five million barrels per day (bpd) within the next seven years. Foreign Minister Sheikh Abdullah bin Zayed Al Nahyan, here on an official visit, said his country had already initiated steps to boost production, which at present “is over 2.5 million bpd,” the WAM news agency reported. UAE’s current production is over 2.5 million (bpd) and is set to increase to over 5 million (bpd) within the next 7 years. — HNS