In short

A roundup of today's other finance news in brief

Mobile charge for newspaper

The Wall Street Journalwill soon begin charging people to read the paper on mobile devices such as their BlackBerrys, the papers owner Rupert Murdoch has said.

The move, which News Corp chief executive Mr Murdoch announced at a Goldman Sachs conference in New York, is an attempt to find a new way for the business daily to make more money.

The journal will start charging in one to two months, Mr Murdoch said. – (Reuters)

Providence takes up Kinsale option

Exploration group Providence Resources announced yesterday that it has exercised its option to acquire 40 per cent of the Kinsale Head gas fields, via its subsidiary gas company Eirgas.

The move was expected, as the company had announced in June, that it had secured the option to acquire the site from Malaysian oil giant, Petronas.

Providence said that production will double to over 4,000 barrels of oil equivalent per day as a result of the move.

Interxion to invest 12m in data centre

European data centre operator Interxion is to invest €12 million in a new Dublin-based data centre.

The company said it was expanding to meet increased customer demand for energy-efficient but high-power-density co-location infrastructure and outsourced managed services.

The Dutch-based firm is planning a number of expansion projects, following the completion of a €45 million subordinated credit facility.

Bank backs bid for EcoSecurities

Merchant bank JP Morgan Chase is backing a £123 million (138 million) bid for Irish-based carbon credit trading business EcoSecurities plc.

EcoSecurities, which develops greenhouse gas reducing technologies, and trades the credits that it gains on the back of these, has been on the block since June.

Carbon Acquisition Company, a subsidiary of JP Morgan Chase, said it was bidding £1 a share for the company.

UK inflation slows less than expected

British consumer price inflation slowed less than expected in August as transport costs rose, partly offsetting a downward impact from utility bills and food prices. The Office for National Statistics said consumer prices rose 0.4 per cent on the month to give an annual reading of 1.6 per cent. That was the lowest reading since January 2005, but above analysts' expectations for a sharper easing to 1.4 per cent. - (Reuters)