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Business News on January 24, 2011

Immense opportunities for Indian companies in Oman: Business body chief

Need for Australian investments in infrastructure sector: Anand Sharma
Commerce and Industry Minister Anand Sharma on Monday said there is a need for more investments from Australia, especially in the infrastructure sector. ANI

China's GDP will fall to 9.8 percent in 2011: Think tank
A Chinese government think tank has claimed that his country's Gross Domestic Product (GDP) growth is expected to retreat to 9.8 percent this year, with inflation likely to be under control at 3.7 percent. ANI

CTDC Announces Completion of the First Transparent Polycrystalline Ecological PV Application Project in China
ACN Newswire

Long-term Funding Secured for Proposed ASX-SGX combination
Commitments for long-term financing facilities for the proposed ASX-SGX combination announced on 25 October 2010 have been secured.The proposed combination brings together complementary businesses of two successful exchanges in the Asian time zone to create the premier international exchange in Asia Pacific.The funding comprises term loans of S$3 ACN Newswire

Chi-East Completes Roll Out in Three Markets and Successfully Initiates Independent CCP Clearing Model
Chi-East, the independent, pan-Asian trading venue, announced today that it has completed the roll out of its non-displayed trading platform for securities listed in Hong Kong, Japan and Singapore. All of Chi-East's initial participants Instinet, Deutsche Bank, Morgan Stanley, Nomura and UBS have successfully matched trades on the platform ACN Newswire

Cisco Names Blair Christie Chief Marketing Officer, Worldwide Government Affairs
Cisco (NASDAQ: CSCO) today announced that Blair Christie has been appointed Chief Marketing Officer, Worldwide Government Affairs, effective immediately. Ms. Christie, previously Senior Vice President of Global Corporate Communications, succeeds Susan Bostrom, who has decided to leave the company to pursue new professional opportunities after serving in an advisory role throughout the transition MarketWire

NewMarket Ticker Symbol Reverts Back to 'NWMT'
NewMarket Technology, Inc. (PINKSHEETS: NWMT) (OTCQB: NWMT) today announced the Company's ticker symbol has reverted back to 'NWMT.' The ticker symbol had a 'D' temporarily appended to it indicating a recent reverse split. For the next few trading days there may be conflicting or confusing information on internet sites or online brokerages as the information filters through the system MarketWire

New Belgium Brewing and Outside Magazine Team Up for Mighty Arrow Facebook Campaign
New Belgium Brewing today announced that it has partnered with Outside Magazine to present a unique social media experience for friends of the brewery and publication. In tandem with the release of Mighty Arrow, New Belgium's spring seasonal, the two companies have launched a Facebook application that offers dogs something to wag their tails about (http://www.facebook MarketWire

PFC Energy 50 Ranking of World's Top Energy Companies: ExxonMobil Regains Top Position From PetroChina; Petrobras Climbs to #3
ExxonMobil, with a market capitalization of $368.7 billion, regained the top position it has held almost every year on the PFC Energy 50 list. Last year's leader PetroChina closed the year 18% behind ExxonMobil, following a 14% decline in its market value. Petrobras rises to #3 this year, with a $228.9 billion value. Petrobras has grown from $13 MarketWire

The Industry's Largest Independent Distributor of Classical Music, IODA Intensifies Genre Focus With New Content and Service Partnerships
IODA, the global leader in digital distribution, marketing, and technology solutions for the independent music industry, today announced new content and retail partnerships that expand its classical music roster, which represents 15 percent of IODA's catalog and 4.5 percent of the United States classical digital market MarketWire

Casella Waste Systems, Inc. Announces Notes Offering
Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, announced today that it intends to offer $200 million aggregate principal amount of senior subordinated notes due 2019 (the "Notes"). The Notes will pay interest semi-annually. MarketWire

AMD to Offer OpenGL(R) 4.1 Support on Microsoft Windows(R) and Linux Platforms in Latest Driver Release
AMD (NYSE: AMD) today announced wide-ranging support of OpenGL® 4.1 for Microsoft Windows® 7, Windows® Vista, Windows® XP and Linux across select ATI FirePro™, ATI FireGL™ and AMD Radeon™ graphics cards MarketWire

Karen Hunt, Daniel Danzig, Kirby Veach Join Forces to Launch HealthTech Communications Group
HealthTech Communications Group ( launched in San Francisco today with experienced communication and branding executives Karen Hunt, Daniel Danzig, and Kirby Veach joining forces to provide consulting services to the burgeoning health care information technology sector. MarketWire

Europ Assistance USA Named One of 2010's Fastest Growing Companies in Washington, D.C. Region
Washington SmartCEO magazine, together with Clifton Gunderson LLP, recently announced that Europ Assistance USA is a recipient of the publication's sixth-annual Future 50 awards. Europ Assistance USA and other dynamic companies are profiled in the January 2011 issue of Washington SmartCEO and will be honored at a black-tie event later this week. MarketWire

Trelleborg Sealing Solutions Updates iPhone App
Trelleborg Sealing Solutions has launched an updated version of the recently released iPhone app "ISO Fits & Tolerances" that allows switching between inch and metric measurements. Providing results based on the ISO 286 System of Limits and Fits, the updated version also adds tolerance classes and is available in English, Spanish, German and Dutch. MarketWire

Smart Game Day Snacks
(Family Features) Even armchair quarterbacks can fuel themselves like the pros. Mitzi Dulan, co-author of "The All-Pro Diet" (with Atlanta Falcon's Tony Gonzalez), recommends keeping a bowl of almonds close by to provide sports fans with power throughout the game -- whether on the sidelines or the field MarketWire

Inception Media Group Acquires "My Own Love Song" Starring Academy Award(R) Winning Actors Renee Zellweger and Forest Whitaker
Inception Media Group, LLC, a diversified media company specializing in the production, acquisition and distribution of entertainment content, today announced it has acquired the North American rights to "My Own Love Song," an inspirational comedy with an Academy Award® winning cast and a musical soundtrack consisting exclusively of songs and score by the legendary Bob Dylan. MarketWire

Transocean Ltd. Files Appeal With Swiss Supreme Court
Transocean Ltd. /Transocean Ltd. Files Appeal With Swiss Supreme CourtProcessed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Orion sues Mylan in the U.S. to enforce its U.S. patent covering the proprietary drug Comtan®
Orion Corporation        Stock Exchange Release    24 Jan 2011        at7.25 p.m. EET GlobeNewswire

AIB - Exchange of Outstanding Securities by Exchange Offers
Allied Irish Banks, p.l.c. ("AIB") [NYSE: AIB] today announces that it has accepted offers to exchange eleven series of Euro, Sterling and US Dollar denominated lower tier 2 securities, with a nominal value of c. €3.9bn.The value of the securities tendered in the exchange is c. €2bn GlobeNewswire

Solteq Plc        ANNOUNCEMENT         24.1.2011 GlobeNewswire

Apogenix provides update in the ongoing Phase II clinical trial of APG101 to treat Glioblastoma
Apogenix /Apogenix provides update in the ongoing Phase II clinical trial of APG101 to treat Glioblastoma Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Further rise in sales and orders received at Feintool
Feintool International Holding AG /Further rise in sales and orders received at FeintoolProcessed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Spectraseis establishes corporate offices in the United States
Spectraseis AG /Spectraseis establishes corporate offices in the United StatesProcessed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

SFL - Acquisition of jack-up drilling rig and seven-year bareboat charter
Press release from Ship Finance International Limited, January 24, 2010 GlobeNewswire

Cargotec refinances EUR 300 million revolving credit facility

Prime Minister Mari Kiviniemi at Kesko's Day of Commerce: Everyone must have a chance to work and perform to the best of their abilities
KESKO CORPORATION PRESS RELEASE 24.01.2011 AT 16.00 1(2)  About 600 key persons from trade and industry participated in the Day of Commerce seminar GlobeNewswire

KONE wins an order for WTC Doha Tower in Qatar
KONE Corporation, press release, January 24, 2011 GlobeNewswire

Thomson Reuters Introduces "The Knowledge Effect" Corporate Branding Campaign
NEW YORK, January 24, 2011 - Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, announced today the launch of its new corporate branding campaign, The Knowledge Effect GlobeNewswire

Haglöfs is the Swedish Brand of the Year
Haglöfs has been awarded the Swedish Brand of the Year in the prestigious contest Gear of the Year. The winners of the annual contest organized by trade magazine Sportfack were presented during the first day of the Swesport trade show. - The Swedish flag is a quality concept worldwide GlobeNewswire

ASSA ABLOY: Tender offer for LaserCard completed
Owners representing 61 percent of the outstanding shares has accepted ASSA ABLOY's offer. ASSA ABLOY also announced that is has extended the offer period to acquire all of the remaining shares. This subsequent offering period will expire at the end of January 27, 2011, unless extended. GlobeNewswire

Veidekke to build classified road 13 Vatne - Skreppeneset
Veidekke Entreprenør AS has signed a contract with the Norwegian Public Roads Administration to build a new tunnel for classified road 13 from Vatne to Skreppeneset in Strand municipality in Rogaland county. The value of the contract is NOK 268 million excluding VAT. GlobeNewswire

Metso to supply biomass boiler plant to Porvoon Energia in Finland
Metso Corporation's press release on January 24, 2011 at 11:00 a.m. local time GlobeNewswire

Air France-KLM Cargo Brings White Bikes to Kenya
Amstelveen, 24 January 2011 - This week Air France-KLM Cargo transported 220 white bicycles from National Park De Hoge Veluwe to Kenya. Air France-KLM Cargo joined hands with National Park De Hoge Veluwe to support the foundation Cycling out of Poverty. Every year, De Hoge Veluwe disposes several hundred used bicycles, which Air France-KLM Cargo bring to Kenya free of charge GlobeNewswire

Link to KRG press release from "Update on DNO in Kurdistan"

Fairstar Heavy Transport awarded new contract for the FJORD
Fairstar Heavy Transport NV (FAIR) has been awarded a contract by Grinaker - LTA Construction Nigeria Ltd., Nigeria, a member of the Worley Parsons Group. The Fairstar semi-submersible vessel FJORD departed from its home port in Rotterdam on January 21 and is now sailing to a rendezvous point in the vicinity of the Chevron EGTL facility in Escravos Nigeria GlobeNewswire

New group organisation at Storebrand
With effect from 1 March 2011, organisational changes will be made to the Storebrand Group. GlobeNewswire

Update on DNO in Kurdistan

Elanders expands and takes over sections of Fälth & Hässler
Elanders has signed a contract with Fälth & Hässler for the takeover of some of their operations.Net sales at Fälth & Hässler are currently around MSEK 100 annually. The operations taken over by Elanders are expected to contribute to its net sales in the second half of 2011. GlobeNewswire

Novartis announces agreement to acquire Genoptix, Inc. in all cash offer
Novartis International AG /Novartis announces agreement to acquire Genoptix, Inc. in all cash offerProcessed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Novartis gains approval for Gilenya® as a first-line disease modifying oral therapy for multiple sclerosis in Switzerland and Australia
Novartis International AG /Novartis gains approval for Gilenya® as a first-line disease modifying oral therapy for multiple sclerosis in Switzerland and Australia Processed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

Lappland Goldminers reports gold production at Pahtavaara for the fourth quarter 2010.
The forecast for the 2010 gold production of at least 22 500 ounces were achieved  already during the month of November Gold production in Pahtavaara in the fourth quarter amounted to 5795 ounces   GlobeNewswire

MorphoSys Announces Clinical Milestone within Boehringer Ingelheim Alliance
MorphoSys AG /MorphoSys Announces Clinical Milestone within Boehringer Ingelheim AllianceProcessed and transmitted by Thomson Reuters.The issuer is solely responsible for the content of this announcement. GlobeNewswire

This operational review has been provided to coincide with the analyst and institutional investor site visit to the Marampa project, which is taking place this week in Sierra Leone. The site visit presentation will be uploaded to the London Mining website in conjunction with the site visit. GlobeNewswire

Restructuring for the phase-out of deliveries to Norsk Hydro
(Oslo, 24 January 2011) EDB Business Partner ASA announced on 30 June 2010 that Norsk Hydro did not intend to extend material operating services contracts with the company beyond their expiry date of 1 July 2011. The loss of revenue relating to these deliveries will have an annual effect of approximately NOK 200 million. GlobeNewswire

AkzoNobel invests €90m in growth strategy to supply world's largest pulp mill
January 24, 2011  GlobeNewswire


IBt Bebig files a complaint against Core Oncology
January 24, 2011 GlobeNewswire

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