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Business News on October 2, 2011


Chinese e-commerce giant Alibaba's CEO 'very interested' in buying Yahoo
The chief executive of Chinese Internet company Alibaba, whose bitter rift with Yahoo became one of the reasons of firing its CEO Carol Bartz, has said he wants to buy the web search company. ANI

China First Metallurgical Construction Group Corporation Actively Appeals the World Bank Query
Recently, the World Bank Group's Sanctions Board indicated in a resolution statement, that China First Metallurgical Construction Group Corporation Ltd ("CFMCGC") had fraudulent misconduct in the Dhaka Urban Transport Project in Bangladesh. The WorldBank has barred CFMCGC from participating bank-financed contracts for three years ACN Newswire

Oracle Honors Customers and Partners for Excellence and Innovation Using Oracle Technology
ORACLE OPENWORLD -- Oracle (NASDAQ: ORCL) MarketWire

Exclusive World Premiere of Blake Shelton's "Footloose" Music Video on Entertainment Tonight Thursday, Oct. 6
For the first time since "Thriller," Entertainment Tonight will debut a music video in its entirety in an exclusive world premiere of Blake Shelton's remake of "Footloose" on Thursday, October 6 MarketWire

Ishod Wair Wins Maloof Money Cup South Africa Skateboarding World Championships
Today, Ishod Wair claimed the Maloof Money Cup Skateboarding World Championships title and $100,000 cash in Kimberley, South Africa. Hometown favorite Tommy Fynn, born in Durban, South Africa, beat Ryan Decenzo in the semi finals for a shot at the title, but fell just short of Wair and claimed second place and $40,000. MarketWire

GoIP's Spin-Off of GOCOM Is Completed
GoIP Global, Inc. (PINKSHEETS: GOIG) announced today that GoIP's Shareholders of record of July 29, 2011 have received spin-off shares of GOCOM. DTC has received 3,884,264 of GOCOM shares for distribution to GoIP shareholders. Any shareholder of record that has not received the share distribution should be contacting their broker. For more information regarding the spin-off see: http://www MarketWire

US Foods Chefs Demonstrate Culinary Innovation at International Chefs Congress
Today, five top US Foods chefs showcase the company's diverse offerings and debut new menu concepts at the StarChefs 2011 International Chefs Congress in New York City. From Oct. 2 - 4, the five culinary experts will prepare menu items at the US Foods exhibition booth using both new and existing products that chefs can easily incorporate into their menus. MarketWire

Gilbarco Veeder-Root Introduces Encore(R) 700 S Fuel Dispenser Line
NACS Show -- Gilbarco's new Encore 700 S fuel dispenser line will be unveiled today at the NACS show, McCormick Place in Chicago. The dispenser's integrated pay-at-the-pump platform is EMV and Payment Card Industry Unattended Payment Terminal (PCI-UPT) certified and offers a rich multimedia platform, enhanced security, and mobile payment ready technology. MarketWire

Enbridge Ozark Pipeline Temporarily Idled for Precautionary Assessment
Enbridge Energy Partners, L.P. (NYSE: EEP) announced today that the Enbridge Ozark Pipeline will be temporarily idled while a precautionary assessment is completed on the pipeline at its crossing of the Mississippi River near Wood River, Illinois. MarketWire

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