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Business News on December 7, 2010


Nagaland businessmen protest against extortion in Dimapur
The business community of Nagaland recently took to the streets in Dimapur in protest against increase in illegal extortion and kidnappings for ransom. ANI

Ravin Cables, Italian firm form joint venture to expand business reach
Ravin Cables, one of India's largest exporters of power cables, has formed a joint venture with the Italy-based Prysmian and cable system,the second largest power cable company in the world. ANI

Indian economy expected to cross nine percent growth in 2010-11
The Indian economy may cross the nine per cent growth mark this year itself. ANI

Toyota Technology Shortens Process to Improve Sugar Cane
Toyota Motor Corporation (TMC) announces that, based on joint development with the National Agricultural Research Center for Kyushu Okinawa Region (KONARC), TMC has created genetic-analysis technology that can substantially shorten the time needed to improve varieties of sugar cane and improve plant performance ACN Newswire

China Trends promotes CEM with four platforms
China's "Eleventh Five-Year" program will come to an end in less than a month, the "Twelfth Five-Year" (2011-2015) plan is underway for establishing the way of economic development for the forthcoming five years in the PRC, of which energy conservation is still the main focus, includes the promotion of energy management contract (CEM) market ACN Newswire

Jay Taylor Interviews Renaud Hinse of Abcourt Mines (ABI - TSX.V) - Video posted on InvestmentPitch.com
Jay Taylor, Editor of J. Taylor's Gold, Energy & Tech Stocks Report, and Publisher at http://jaytaylormedia.com interviews Renaud Hinse, President and CEO of Abcourt Mines (ABI - TSX.V).This video is one of Jay Taylor's "Face the Analyst" seriesof interviews, and is available for viewing on InvestmentPitch.com. If this link is unavailable, please visit www.InvestmentPitch ACN Newswire

Jay Taylor Interviews Ron Shorr of Maudore Minerals (MAO - TSX.V) - Video posted on InvestmentPitch.com
Jay Taylor, Editor of J. Taylor's Gold, Energy & Tech Stocks Report, and Publisher at http://jaytaylormedia.com interviews Ron Shorr, Chairman and CEO of Maudore Minerals (MAO - TSX.V).This video is one of Jay Taylor's "Face the Analyst" series of interviews, and is available for viewing on InvestmentPitch.com . If this link is unavailable, please visit www.InvestmentPitch ACN Newswire

uTest "Battle of the Specialty E-Tailers" Uncovers Nearly 900 Bugs in eBay, Overstock.com and Zappos
uTest, the world's largest software testing marketplace, today announced the results of its Specialty E-Tailer Bug Battle competition. More than 600 uTesters, from 28 countries around the world, reported a total of 888 technical, functional and GUI bugs in the web and mobile apps of eBay, Overstock.com and Zappos. MarketWire

AirFrance KLM November 2010 Traffic
Passenger GlobeNewswire

Santhera Obtains European Patent for Use of Omigapil for the Treatment of Congenital Muscular Dystrophy
Santhera Pharmaceuticals Holding AG /Santhera Obtains European Patent for Use of Omigapil for the Treatment of Congenital Muscular Dystrophy Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Holding in Company
African Eagle Resources plc GlobeNewswire

Mobistar launches a new mobile portal
Brussels, 7th December 2010 - From now on, all Mobistar customers will have the same entryway to the mobile Internet: m.mobistar.be. Mobistar´s new mobile portal is more open, more personalisable and faster, offering many useful new functionalities and loads of fun. GlobeNewswire

East Capital Explorer AB - Net Asset Value SEK 109 per share on 30 November 2010
· On 30 November 2010 the net asset value per share in East Capital Explorer amounted to EUR 11.92 (corresponding to SEK 109[1]). The total net asset value amounted to EUR 416m (corresponding to SEK 3.8bn) GlobeNewswire

Central government payments gave a surplus in November
Swedish central government payments resulted in a surplus of SEK 13.7 billion in November. This is marginally less than the Debt Office's forecast of SEK 14.3 billion. Disbursements by central government agencies were just over SEK 2 billion larger than forecasted, but this was counteracted by the Debt Office's net lending being lower. GlobeNewswire

OP-Pohjola Group Asuntoaamu event: Borrowers with a Home Loan Benefit from the Recession
The world economic recovery is underway, the euro-area economy is growing despite the debt crisis and the outlook for the Finnish economy is good. Those who have raised a home loan are still capitalising on low interest rates in the wake of the recession, and hikes will not be in the offing until the end of next year. GlobeNewswire

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