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Business News on August 13, 2011


US debt crisis hits Bhadohi carpet industry
Carpet industry workers in Bhadohi district of Uttar Pradesh, the biggest carpet-manufacturing centre, fear that their export orders will be cancelled due to the credit downgrade of the US by Standard and Poor. ANI

ERRATUM: Homburg Invest settles disclosure issue with Nova Scotia Securities Commission
HALIFAX, Nova Scotia. August 12, 2011 - This correction is in response to a press release issued by CNW/Halifax on August 11, 2011, entitled "Homburg Invest settles disclosure issue with Nova Scotia Securities Commission". This release has stated that the section of the Act violated was section 18 rather than 81(1)(b) and did not include a reference to Part 7 GlobeNewswire

Nestlé hosts Salzburg Festival roundtable on role of culture in creating social identity
Nestlé S.A. /Nestlé hosts Salzburg Festival roundtable on role of culture in creating social identity . Processed and transmitted by Thomson Reuters ONE.The issuer is solely responsible for the content of this announcement. GlobeNewswire

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